Personal Loans have gained significant popularity among individuals from all walks of life due to their simple documentation and quick disbursement. This infographic will help you identify the important factors one must consider before applying for a personal loan. It primarily focuses on must-know features such as documentation requirements, charges levied in case of pre-payment or foreclosure of the loan, additional charges etc. It also offers guidance on important considerations like- Whether or not you should apply for a loan? What it takes to get the loan approved? How much is the maximum amount that you can get? And what are the applicable interest rates?