Personal Loans

Personal Loan Application ProcessA personal loan is a simple short-term loan which could be used for any legitimate purpose. You won't be required to pledge any form of collateral or security. It can be used to meet immediate personal expenses like a medical emergency, sudden loss of job, to fund a wedding / higher education, used as capital for business or to consolidate debt. A personal loan has several advantage

Medical Equipment LoanAre you a doctor, fresh out of college and looking to open your own clinic? Or are you planning to open your own hospital, in which case you might need to put some medical equipment together? The healthcare industry is growing at a tremendous pace and is expensive. Everything to do with medical industry – from studying to be a doctor, to the equipment that is used to treat patients – is expensive. For example, let's say that you are looking to open a ho

Personal Loan for Self EmployedSometimes, all you need is that little something extra to make life easier. In need of funds to fuel your dreams? Or do you require emergency cash to tide over a temporary crisis? Do you require working capital for your business? Or do you simply require the cash to fund your luxury vacation? Whatever your need be, a personal loan could make your life easier.A personal loan is a multi

Medical Loan Interest RatesA medical emergency can happen anywhere - at a concert, on a highway, on a city street, at the grocery store, or while at home – and can cause enormous and unexpected strain on your finances. Hospital bills for major medical emergencies can run into lakhs of rupees, and could be well impossible to pay at short notice.Few people are prepared to deal with the financial requirements of a medical situation – let alone go through the emotional tr

Agriculture is one of the significant contributors to the Indian economy. To empower the sector, banks and co-operative societies offer a wide range of agriculture loans.

Which Is Better, Personal Loans or A Credit Card Loan?It depends on your credit situation and your requirement.Features of a Personal loanEnd Use: A Personal Loan is an unsecured loan, using which you can meet your immediate needs—which could include anything from home renovation, a vacation, to keep your business afloat, to recover from sudden income loss or a medical emergency. &

Loan against Property overviewWhat is Loan Against Property?A loan against property (LAP) is exactly what the name signifies. It is a loan given against a residential or commercial property that you own and offer as security to the bank/lender. The property’s market value is assessed and the loan is given as a certain percentage of the property's current market value. The loan amount typically ranges from around 40 per cent to 60 per c

How is the EMI calculated in a personal loan from bank? A personal loan can come in handy in times of need—it is one of the easiest loans to avail. It is an unsecured loan—meaning no collateral or guarantor is required to avail the loan. Banks and NBFC’s require less documentation, but you pay for this with relatively high interest rates—again because the loan is unsecured, meaning the lender does not have any safeguard against customer default

How Do I Apply Online for An Instant Personal Loan? There are times in life when you might feel that you need a little extra money – just for fulfilling your dream of going on your dream vacation, buying an electronic item for the house or a personal gadget, getting your home remodeled, or if you are facing a potential financial crisis like the loss of a job or a medical emergency. In situations like this, a personal loan could come in handy to help you stay afl

ICICI Personal Loan Interest Rate What is a personal loan? A personal loan is an unsecured loan, meaning you do not typically require a guarantor or any collateral to avail the loan. There are no restrictions on how you can spend the loan amount—you might use it to fund your child’s wedding, to fund your dream vacation, for a medical emergency or any other personal emergency. It could be used to fund your business as well. Note that that personal loans are

HDFC Personal Loan Interest Rate A personal loan is an unsecured loan, meaning you don’t have to pledge collateral in order to avail the loan. The main advantage of a personal loan is that the end use of the loan could be anything. It could range from funding your child’s higher education or wedding or even your dream vacation, to a medical emergency, or for any business-related expenses. It could be used as an excellent debt consolidation tool since its i

As the leading public sector bank in India, SBI offers a wide range of personal loan facilities to help customers meet their emergency cash requirements.

What Is a Personal Loan? A personal loan is an ‘unsecured’ loan, which means you do not require any guarantor or collateral in order to avail the loan. A personal loan could come in handy in times of a financial crisis like a medical emergency, loss of job, or it could be used to take a luxurious vacation, or fund a child’s wedding or studies. However, it is important to note that personal loans are among the most expensive loans. They come with the

New Year Loan Offers—Tips to Keep in Mind Are you planning to greet 2017 by buying your own home? A car perhaps? Do you wish to remodel your home and live in an upgraded place for the new year? Or you might want to go on a luxurious vacation and greet the New Year in, say, Paris? Whatever the need be, there is a loan for every need in the market. With the new year coming up, several banks and NBFC’s have new year offers for

How To Manage Your Finances This DiwaliCome Diwali time and it’s difficult to fight the temptation to shop like there is no tomorrow. Decorating the home, organising get togethers, shopping till you are dropping, and a lot of catching up with your loved ones sums up the essence of the Diwali season.It is also that time of the year when you are seduced  into buying things - that you might not really want - at 'mega bumper sales'. Your expenses can

It is important to note that personal loans are among the most expensive loans on the market. They come with the highest interest rates since they are 'unsecured' – that is, they do not require any collateral. Personal loans are relatively high risk loans for lenders because they do not hold any collateral from the customer in case of default. In order to safeguard their money in case of default, they charge a high interest rate on personal loans.  Naturally, the interest

Are any of the following scenarios familiar?  You need some extra cash to go on that much dreamed of European holiday; you need some money to buy some big –ticket furniture items and to redesign your house; or your child or sibling’s marriage expenses are beyond your income; or a parent has a medical emergency and you do not have enough savings to cover the expenses. In all these cases, a personal loan is the quick answer. A personal loan is generally an unsecured loa

Life is uncertain and anything can happen anytime. While there is nothing you can do to prevent these hard times, you can certainly find help to tide you over the crisis. Have you found yourself battling a financial crunch? Or faced the prospect of job loss and didn’t know what to do? Or perhaps, you might need a considerable amount of money to fund your child’s wedding or higher education. Whatever the need be, a personal loan could be the answer. It could be a blessing when you

Your brother is getting married and you want some money to help with the marriage expenses. A personal loan seems the best bet but...you do not have a very good credit score. What can you do? Having a bad credit score can be a nightmare for individuals trying to apply for any kind of loan, and especially a personal loan. There is a high chance of rejection when you have bad credit.Why is a credit score so important for a personal loan approval?A

If you own a property which has a clear deed, free from any legal or financial encumbrances, then it could well be the magic key to unlock your dreams! Few people realize the potential of their existing property as a valuable and untapped source of funds. You do not need to sell your property to gain access to money, and you can get the loan amount at a relatively reasonable interest rate (compared to a personal loan.) A mortgage loan could be your answer to funding your child’s

You’ve done well in your exams, you’ve got admission into the college/university of your choice for an undergrad or post graduate programme but…..you do not have the funds to finance your education dream? If you need an education loan, worry not. Finding money to support your studies is no longer an insurmountable problem – whether you decide to study in India or overseas - so long as you qualify for the terms and conditions of the loan. Features of Ed