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What will be better option for me for a sum of less than Rs.1 to Rs.2 lakhs - a credit card transact

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You are lucky to have multiple options, let me list them down for you

1. Personal loan 2. EMI facility on credit card: If the amount of expenses that you are planning to incur can be done through a credit card, then do the transaction from your credit card and convert that transaction payment into EMI’s. They could work out to be cheaper than the personal loan charges. 3. Loan on card: If the amount of expenses that you are planning to do cannot be done through credit card, then you should ask the bank whether you are eligible for a loan on card. The benefit of loan on card is speed, hassle free and charges may be at par with personal loan. 4. Revolve on credit card: Do the transaction on credit card and eventually pay down the amount by revolving. Not recommended on account of high interest rate..

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