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.
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