PERSONAL LOANS

SOME KEY POINTS TO GET PERSONAL LOANS

Published By Aiman Mateen | 27 Oct, 2024
Personal loans cover urgent expenses and require ID proof, stable income, and a credit score of 750+. Terms and interest rates vary by lender. 
Here are some tips related to personal loan: 

Urgent Needs

Ideal for expenses like travel, medical bills, or significant purchases.

Application Requirements

Involves submitting identity proof, income statements, and completing KYC. 

Interest Rates

Varies acc to the banks; generally higher than secured loans.

Eligibility

Typically requires applicants to be 21-60 years old, with stable income and a credit score of 750+.

Repayment Terms

Must be repaid within a specified tenure, with potential early repayment fees.