Category: Personal Loan

Personal loan is one of the most demanded financial products in the country mainly because of the flexibility it offers. One can take personal loan to tide over emergency expenses or to meet other long-held-up needs such as home improvement, buying a fancy gadget or a world-tour. Though most of the people consider interest rate […]

Borrowing money is the first option that comes to mind when we are faced with a medical emergency or fall short of funds for making down payment on our new house. And, the most common form of loan taken at such junctures is personal loan. Now while some may approach a bank or a non-banking […]

Things you must keep in mind while availing personal loans for repaying credit card dues With credit cards in our wallets, we have the option of spending even if we don't have any funds at our disposal. However, we mistakenly consider credit cards to be an extension of our income and thus, end up spending […]

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 […]

  A processing fee is a one-time fee levied by lenders to cover the administrative costs involved in processing and disbursing a personal loan. The fee is usually deducted upfront from the loan amount or added to the total cost of the loan. Why Do Lenders Charge a Processing Fee Lenders charge a processing fee...

हिंदी में पढ़ें   Recently, several fraud cases have come to light where fraudulent loan accounts have been created through identity theft. Many individuals have raised concerns over new loan accounts reflecting in their credit report, which they never applied for or took. According to media reports, PAN details of individuals have been used by fraudsters...

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 […]

Ankit, a 43-year old salaried professional, needed Rs. 80,000 for a financial emergency. Since he did not want to take favor from either his relatives or friends, he had applied for a personal loan. But his loan request got denied due to insufficient credit score. So what should he do next? Should he break his…

Credit comes in many forms, including credit cards, mortgages, automobile loans, commercial loans and personal loans. Each type of these credits has a certain purpose attached to it, whether it is to buy a car, a house, monthly expenditure or any kind of financial or medical emergency that comes into our lives. A personal loan…