Getting a personal loan might seem like a child’s play as you might have seen a plethora of emails and SMS about instant personal loan approval. This might not be as simple as it seems. But we have listed 5 useful tips which can make getting a personal loan hassle-free. Fix Your Credit Score […]
On May 5, 2021, the RBI announced the second loan moratorium to help minimise the financial difficulties faced by individual borrowers due to the second wave of the Covid-19 pandemic. The moratorium can help borrowers tide over financial exigencies and avoid defaults in loan repayments which not only result in penalties and higher interest costs…
The total interest payout is one of the most important things that you should consider whenever you decide to avail a personal loan. Equated Monthly Installments (EMIs) are the monthly payments that you need to make in order to repay your loan. Through an illustration, the article discusses how you can use an EMI calculator…
Planning to purchase a car, house, fund your dream wedding or need funds to meet any other financial requirement? Wondering which type of loan you should take and which loan type offers the lowest interest rate. Read on to get answers to many such questions and choose the best loan option for yourself: Secured V/s…
Whether you need funds to meet an emergency medical expense, renovating your home or purchasing a high-end gadget, you can easily avail a personal loan with minimal paperwork and quick processing. However, the collateral-free nature of the loan usually results in higher interest rates on personal loans. It is vital that you avail one at…
No collateral requirement, minimal documentation, faster processing and disbursal make personal loans one of the most popular and widely used means to avail funds to meet various financial needs. However, the unsecured nature of personal loans makes it one of the most expensive forms of credit which makes it necessary to avail a good interest…
Launched in 2010, the Aadhaar card is issued to all citizens on the basis of their demographic (name, residential address, date of birth, gender and language) and biometric (iris scan, fingerprints) data. It is a mandatory requirement to avail some key financial services such as to apply for a PAN card, file your ITRs, get…
Personal loans are a one-size fits all solution for any uncategorised and contingent money needs. This can happen to any of us, often arising due to reasons such as a health emergency, marriage expenses or even a fancy vacation. Part of the appeal of personal loans lies with the fact that, unlike specific loans like…
A personal loan has always been a great friend in times of need. It is little wonder then the Indian household consumes a large amount of instant personal loans to tide over their emergencies. At times of urgent need of funds, one cannot afford to wait endlessly to get their loan sanctioned. Only an emergency…
