Personal Loan Tips

When we talk about an ICICI personal loan, which is one of the most popular loan options among the customers, the most common question asked by people is about the ICICI Personal Loan Interest rates . The reason: Personal Loan is a fully unsecured loan which means a customer doesn’t need to pledge any kind of collateral against the loan amount he or she would get. So, take an example for yourself. If you are lending money to someone without any security, the trust amount in this transaction must be quite high. Similarly, during a personal loan, a lender checks the creditworthiness of an individual by his or her credit score.  A credit score is a 3-digit number ranging from 300 to 900 which defines an individual’s creditworthiness. There are several benefits of a good credit score (750 or above) such as lower interest rates, quick approval & disbursal, higher loan amount, etc. But the most important aspect is that your credit score defines the Rate of Interest which ultimately a...

Kotak Mahindra Bank is the top private sector bank in India. And to help its customers during a financial crisis, the bank offers you a Kotak Personal Loan . It is an unsecured loan where you can borrow a lump sum of fund without pledging any kind of security. You can borrow money from Kotak Mahindra Bank from INR 50,000 to INR 20 lakh. Read the article to know details of the Kotak Personal Loan. Kotak Personal Loan is a Multipurpose Loan for Your Needs! You can apply for Kotak Personal Loan for any financial emergencies such as for:- Medical Emergency Foreign Education Marriage Travel Home Renovation The bank doesn’t want to know the purpose of your Kotak Personal Loan, they just sanction you the loan based on your income and credit history. What is the Eligibility for Kotak Personal Loan? To apply for the Kotak Personal Loan, you need to meet the following criteria:- Age 21-58 years Minimum income INR 20,000 per month Minimum educational qualification of a graduate  Employee of a...

  Do you receive a message or email from HDFC Bank that you are one step away from securing a personal loan? If yes, it is the result of your good credit history and discipline loan payment that HDFC Bank has considered your profile eligible for a pre-approved personal loan in India . A personal loan is an unsecured loan which is borrowed from the bank. There are various purposes of a personal loan and the advantage in this is that you don’t need any collateral or security. Read this article below to know how to apply for a HDFC pre-approved personal loan in India. How the Process Will Start? A simple set of documentation is the first step to apply for HDFC personal loan . However, the method will be faster without any additional documents if you have a HDFC pre-approved personal loan in India. Because in a pre-approved personal loan there is no such need for documentation. It is offered by the HDFC bank to the existing customers only. Your clean and default free proven track recor...

Any individual may face a situation in his or her life when they are in need of urgent funds to fulfill their various needs. Among those individuals, Government Employees also hold a special place in our society. There are several banks and financial institutions that provide exclusive loans to such employees by giving the special treatment they deserve. State Bank of India (SBI) is undoubtedly one of the largest lenders of India. Among all the options, one of the most popular is the SBI Personal Loan for Government Employees . Any individual who is a government employee and having his or her Salary Account with SBI can easily go for this exclusive loan option.  Due to its amazing products, SBI has this special place among customers and this personal loan for Government Employees is no less. The best thing about this personal loan is customers don’t need to pledge any kind of collateral or security against the loan amount. So, what are those features that make SBI personal loan for...

  If you are borrowing an Axis Bank personal loan, you should know what could be its repayment. And for this Axis Bank Personal Loan EMI Calculator is the suitable tool. With which you can know what is your EMI for Axis Bank Personal Loan. Also, using the EMI tool you may get a tenure where Axis Bank Personal Loan Interest Rates payments are less. Read this article to know the benefits. Affordable EMI Amount One of the reasons Axis Bank personal loan is the prefered product is because the interest rates are suitable for customers. It is not that high which one can’t afford. Axis Bank Personal Loan Interest Rates ranges from 12.00%-24.00% per annum. And the advantage of this that you can get an EMI amount which will fit into your monthly budget. How to Get a Suitable EMI? Use Axis Bank Personal Loan EMI Calculator if you have doubts about the loan repayment. This will generate the approximate EMI amount as per your loan details. To use the tool follow the steps below. Go to Axis B...

W hen you are borrowing money from Bajaj Finserv Ltd. make sure you are capable of paying it on time. Otherwise, ready for a huge debt burden. To avoid this issue there is an online tool which is used to generate the EMI amount it is Bajaj Finance Personal Loan EMI Calculator . Read this article below to know more about the tool functioning and its outcome. Steps to Follow To use Bajaj Finance Personal Loan EMI Calculator, you have to go through the steps below. Visit the official website of Bajaj Finserv Ltd. Select Personal Loan Click to ‘Bajaj Finance Personal Loan EMI Calculator’ A page will appear on your screen where you can see Loan Amount, Interest Rate and Tenure rows. Insert each detail of the Bajaj finserv personal loan How does it work? Bajaj Finance Personal Loan EMI Calculator generates the possible EMI amount using the matemcial formula of EMI = P × r × (1 + r)n/((1 + r)n - 1). In this formula P is your borrowed loan, r is the rate of interest and n s the repayment tenu...

A personal is borrowed from the bank when there is a financial emergency. And the bank which provides you the best personal in India is Canara Bank. An individual can borrow money from Canara Bank if he/she has a monthly income of minimum INR 10,000. There is no need for collateral in Canara Bank personal loan that is why it’s popular among the customers. It is beneficial to those customers who are in an urgent need of funds for marriage, renovation, medical emergency, etc. read the article to know more about the personal loan. Who can borrow Canara Bank Personal Loan? According to the eligibility criteria for personal loan following type of candidate will be eligible to apply for Canara Bank Personal Loan. Employees of reputed Public Sector Unions (PSUs) and Joint Stock Companies Confirmed employees of Central or State Government  Lecturers  Asst. Professors Professors of Colleges, Research Institutions and Universities List of Documents Required During Canara Bank Personal ...