You can borrow a loan from a lender if you meet requirements with regards to age, income, etc. But, in all this, you might ignore one important factor which is the work experience. Yes, the personal loan might get rejected if you don’t have the...
Read MoreHow to Increase the Top-up Personal Loan Eligibility?
Financial needs keep emerging with time and can make individuals apply for loans more than once in their lifetime. In case you took a personal loan a few years back, there’s no denying you may require another personal loan down the line and very...
Read MoreAfter Effects of Personal Loan Settlement
Life is unpredictable and sometimes everything does not turn around the way it was planned. You take a loan, plan for it for months, explore the options, choose the suitable tenure and amount that you can repay, but with the changed situation, you...
Read MoreHow to Get a Personal Loan Online in India?
A personal loan is a type of unsecured loan which does not require any collateral or security unlike a home loan or car loan, the lender in case of default, can’t auction anything you own. It is taken by individuals from Banks and NBFC to meet...
Read MoreDo Banks Provide Joint Personal Loans?
Yes, they provide joint personal loans to customers. And the reason is to provide them financial support if they aren’t able to borrow the required funds individually. On a joint loan, your co-applicant’s income or credit score will also be...
Read MoreTop-up Personal Loans
The fact with needs is that they keep arising over time, you can never get away from the same. So even if you get a personal loan to meet your respective needs, you can’t say all is done! An odd event could take place anytime and you will require...
Read MoreContactless Personal Loans with No Human Intervention to be the Reality Soon!
The ongoing lockdown due to the COVID-19 pandemic has made it impossible for lender executives to meet the customers physically, which is essential as part of the KYC process for various loans such as personal loans. The result is that many are not...
Read MorePersonal Loan Prepayment Charges & Norms of Top Lenders
Nobody wants to be under the debt burden for long. And the same applies to personal loan borrowers too. As the personal loan interest rate finds itself in the double-digit zone, you may want to get rid of it as soon as possible. The interest rate...
Read MoreHow Long Does it Take to Sanction a Personal Loan?
A personal loan is sponsored as an easy loan as you can get it without submitting any collateral. With no collateral requirement, the formalities for customers restrict to just submitting the required KYC and income documents. This makes the loan...
Read MoreIs it Possible to Get a Personal Loan without an ITR?
Income Tax Return (ITR) is one of the income documents that lenders seek to approve a personal loan application. While for self-employed, an ITR is mandatory, to say the least. But for salaried, there are alternatives in the form of salary slips,...
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