Personal loans are the quickest and easiest loans to opt for. Loan processing is swift and you don’t have to explain how you intend to use that amount. Sounds great, doesn’t it? But as always, there is a catch — interest rates. Lending institutions offer personal loan interest rates as range (11.99% to 24%) and […]
Many people hesitate in taking a loan and prefer dipping into their savings, even if it means breaking their nest egg meant for their future requirements. However, if you know your necessity, utility and repayment capacity well taking a loan can be a boon to meet your immediate unplanned financial needs. A suitable loan option […]
A life insurance policy is a reliable and useful investment option as it not only offers protection cover but also provides additional benefits including taking a loan against the policy. At the time of financial crises, one can consider taking a loan against Life Insurance Policy as it is easier to get and is secured…
With the digitized process everywhere, getting a personal loan is the most convenient option these days to beat the financial crunch. Gone are the days when we would have to stand in long bank queues with a bundle full of documents. With internet bank facility, everything is just a click away making the financial world…
Personal loan is one of the most preferred means to tackle the financial needs of an individual. The reason behind the loan’s popularity is that there are no rules for its end use. Be it travel, festival celebrations, wedding preparations, children’s higher education, home renovation or buying of gadgets, the product can be used for…
Personal loans find many takers due to its easy availability, approval and flexible options on offer. However, very often, personal loans become one of the most expensive forms of debt as we fail to keep in mind or follow some key aspects. Here’s a ready-reckoner for you to avoid the following 10 mistakes while opting […]
The wedding season is here! A number of homes in India must be overwhelmed with the preparations of a loved one’s wedding. A big fat marriage celebration in India can extend over a week. From dresses and jewellery to food and gifts, the cost of Indian weddings can be equally overwhelming. Earlier, people used […]
The popularity of personal loans as an effective way to tackle short to medium term financial difficulties has been on the rise, given that they are an unsecured loan and require no collateral or guarantor. While both banks and NBFCs (Non-Banking Financial Companies) offer personal loans to both salaried and self-employed individuals, they take a […]
Many consider a personal loan to be a quick-fix solution whenever there is an emergency financial need and ones savings are insufficient to meet the immediate requirement. This financial situation could involve having to organise funds to meet a sudden unexpected expense, wedding expenditures, paying off existing debts or medical expenses, arranging home renovation/improvement expenses […]
