Personal loans are unsecured loans; this means they are not backed by an asset. Another important feature of these loans is that they are not for a specific purpose as education or home loans are. Personal loans can be taken for going on a holiday, buying the latest gadgets or planning a wedding, etc. Apart […]
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 […]
हिंदी में पढ़े Personal Loans in a way are life saver for most of us and come extremely handy in the crucial stages of our financial requirement. The best part about Personal Loan is the fact that it can be utilized for a number of purposes be it sending your children out of the country…
With digitized processes and instant approvals, a personal loan today is one of the easiest and most convenient ways to fix your immediate financial concerns. Usually a personal loan is sought when the need of money is urgent, like in cases of medical emergencies, home renovations, impromptu trips, weddings etc. To ensure your personal loan […]
Congratulations! You have been offered a pre-approved personal loan of Rs. 2 lakhs. Visit our nearest branch for a few formalities, and avail immediate loan disbursal. How many times have you received an e-mail of this sort or a call from a telemarketing executive saying something similar? Many a times, right? So, is it […]
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 […]
Personal loan can be your best financial ally whether you are in pressing need of cash or wish to make a big-ticket purchase. Easy application process, quick approval and minimum documentation are just a few of the many reasons that make this a go-to loan option. But do you know there are 6 different types […]
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 […]
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 […]
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 […]
