Personal Loan Blogs

Both businesses and individuals often require credit. And this need has traditionally been fulfilled by banks (and their overdraft facilities) and large, established institutions. But thanks to advancements in several areas – technology, a rising startup ecosystem, and even market demand, short-term credit via loan apps have gained much popularity in addition to traditional methods …

You can get a personal loan with a low CIBIL score in 2026, but approval may depend on more than your score alone. Lenders can also assess your income, employment stability, repayment capacity, current EMIs, banking behaviour and overall financial discipline. A low CIBIL score may reduce approval chances or lead to stricter terms, but it does not always mean automatic rejection.  For …

With online personal loan applications, you can receive quick credit with minimal paperwork. The interest rates you get differ depending on various factors like your credit score and the lender.  Some lenders also provide salaried individuals with personal loans pre-approved up to a certain amount. All such loans, though, can be categorised into short-term personal …

With technology advancing rapidly with every passing day, the way that you access financial services is changing too. In fact, access to loans and other financial services is now possible from the comfort of home. This extends to helpful tools like the EMI calculator. One of the biggest advantages of an EMI calculator is that …

When applying for a personal loan, understanding the total cost of borrowing is just as important as checking the interest rate. Apart from interest, lenders may charge processing fees, late payment penalties, foreclosure charges, documentation costs and other fees.  Being aware of these personal loan hidden charges before accepting an offer can help you plan your finances better and avoid unexpected …

Thinking about repaying your personal loan early? Well, many borrowers want to know whether paying off a loan before time will save money or cost extra. The truth is, some lenders charge a prepayment penalty on personal loan when you close your loan early – either partially or fully. These are called pre closure charges …