Personal Loan Interest Rates

Personal loans are unsecured loans provided by banks and financial institutions – meaning it is provided to the customer without requiring them to pledge any collateral; it is provided to individuals who meet certain eligibility criteria like credit score, debt to income ratio, age, employer and employment status, relationship with the institution, etc.

The rise in personal loan rates has an impact on borrowers. Personal loans are of great assistance in times of emergency or just when you need that extra financial cushion. A personal loan helps you achieve your goals without disturbing your usual financial planning too much.

Wondering how to enhance your personal loan eligibility? There are simple ways in which you could achieve that. In this article, we will discuss how you can increase your chances to be eligible for a personal loan.

HDFC bank has introduced a new niche for salaried employees and aims to help them with any emergencies that may crop up. Salaried employees will get attractive benefits from HDFC bank if they apply for a personal loan. The major benefit is the low-interest rates.

Are you in a cash crunch in times of emergencies? Well, a personal loan would be the best choice for you to tide over the financial crisis during the emergency.