A loan offered by a bank to cater to your personal needs, whether it’s for a family wedding, a shopping trip, a dream vacation or anything else. It does not require any security and can be availed with ease unlike other loans. You can choose your personal loan from a variety of banks we work with.
Your eligibility is determined after looking at the following:
Your current income
Years of work experience
Nature of your job and the company you work for
Your current obligations i.e. the other installments (EMIs) you are currently paying, the number of credit cards and credit limits you have or use
Your past credit history is likely the most important determinant in being able to get a personal loan