Personal Loan Blogs

Want to find out about the punishment for non-payment of personal loans in India? Being practical, you may be aware that even the most disciplined person may face a financial crunch. This may lead to missing a few EMIs. What happens next? Whether you want to take a loan now or later, you must know …

A personal loan for corporate employees is an easily accessible and popular credit option. This unsecured loan is customised for employees of large organisations so that you can get it quickly and affordably. Whether you are a government employee or working at an MNC, you can manage sudden and planned expenses without burdening your budget …

Availing of a personal loan for gifting is a straightforward and rapid solution for arranging the funds you need. The funding you get comes with no restrictions, so you can use it for umpteen expenses, including giving special gifts to your loved ones.  Read on to know why you should choose a personal loan for …

The EMI for personal loan repayment is a figure that can either put a strain on your finances or help you repay stress-free. Since it has a large impact on your monthly budget, choosing the lowest possible EMI can be helpful. You can then have funds at hand to address other goals and obligations as …

‘Can we take two personal loans at a time?’ is a common question you may have when you need substantial financing. The good news is that you do so. These additional funds allow you to handle various unexpected or planned expenses like: Medical emergencies Payment of utility bills Making a down payment for a car …

Being clear about the features of a mortgage loan vs personal loan can transform your credit experience. It boils down to attaching an asset as security for the amount you plan to borrow, which can have far-reaching consequences on your future financial health.  You can make a better decision by learning about how this can …

Whether it’s making the down payment on your car or managing unexpected medical bills, a personal loan is a sought-after way to access funds quickly. In case you’re planning to get credit via this mode, knowing about the RBI guidelines for personal loans is essential.  Through these guidelines, the RBI aims to promote fair practices, …

Several lenders offer small personal loans online, making them easily accessible and therefore, a popular option. These short-term loans are best suited for tackling your small needs. You can get the required funds quickly and repay comfortably in your chosen tenure. Some of the ways in which you can use the funding are:  Managing medical …

It has become quite difficult to identify whether it’s a legit or a fraud loan app as umpteen fraudulent applications offer loans to customers with wrong intentions. Such cases have increased due to a rise in digital lending. However, you can avoid falling into a trap set by these applications by taking certain precautions.  Read …

Want to apply for a personal loan with a CIBIL score of 600? Know that it can be challenging as most lenders prefer a higher score. Your score represents your creditworthiness, and therefore, holds great significance for your eligibility. Here’s a tabulated overview of what the score implies: Credit Score Meaning 800 – 900 Excellent …