Personal Loan

Hela June 19, 2019

There are few things in world which can match the gratification that travelling produces. Whether it’s the excitement of seeing new places, learning from new cultures or just relaxing around a beach or misty mountains; travelling has often been considered as the best way to unwind, especially in the midst of a high-paced, super busy […]

Hela June 16, 2019

Smartphones are no longer just about mere communication now. They have digitalized complex processes such as banking and have made getting loans, and carrying out financial transactions simple, customer friendly and convenient. A few years back, it was hard to imagine that one can choose a loan to suit their needs, upload all necessary documents […]

Hela June 15, 2019

The main reason for the rate differential in the personal loan is because personal loans are unsecured, while, gold loans are secured. Gold loans are far better as relatively compared to personal loans.  |  Photo Credit: Representative Image New Delhi: In order to take a short term loan or to avail any other credit facility, a person […]

Hela June 7, 2019

New Delhi: A personal loan is a multipurpose loan that an individual avails either from a bank or NBFC to meet his personal needs. This collateral- free loan is not dedicated to a specific purpose like a home loan or an education loan and can be used to deal with different situations like a wedding, […]

Hela May 26, 2019

There are various factors that decide how much interest rate you pay on your loans. Here we list out five points that determine the interest rate on your loan. Representational image New Delhi: People typically go for a personal loan when they fall short of money to fund their immediate expenses such as a family […]

Hela May 24, 2019

Kerala-based Muthoot Finance Ltd plans to expand personal loan operations taking the tally to 50 locations across the country by the end of the year, the gold financing company said on Tuesday.The non-banking finance company (NBFC) forayed into the personal loans segment in 2018 and plans to expand its business portfolio, with its latest target the salaried personal loan […]

Hela May 13, 2019

Let’s discuss the fees and charges attached to personal loans to help you better evaluate how much do they actually cost. If you were unsure about the popularity of personal loans in the country, check out this statistic: the total number of unsecured instalment loans stands at 16 million accounts as of December 2018 with […]

Hela April 22, 2019

Why women shy away from taking personal loans (Illustration: SHYAM Kumar Prasad) By Hemanth Gorur Personal loans can be very handy in times of financial deficit or emergency situations like sudden hospitalisation. This can be even more so for Indian women as they seem to be earning less, spending more on medical expenses, yet receiving […]

Hela April 21, 2019

As a personal loan is an unsecured loan, its interest rate, terms, and other features that you can enjoy are heavily dependent on your credit score. A good credit score, one that’s 750 and above, can help you bag the loan amount you need at an affordable interest rate from a reputed lender. However, in […]