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 […]
Gaurav and Amit had taken personal loans of 5 Lakhs for 3 years from the same bank to cover their respective financial requirements. After a year, Gaurav got a personal loan balance transfer offer from another bank at a lower rate of interest while Amit continued to service the years. At the end of their…
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…
Syndicate Bank soon to approve loans in 15 mins The Syndicate Bank is inching up its game in the banking industry by setting up a platform to approve loans in 15 minutes. As per Business Line, through this platform, individuals will be able to get approvals on loans for housing, retail and MSME segments…