Personal loans: The loan amount will depend on the borrower's annual income and credit score.
With effect from September 17, 2021, i.e. Friday, the repo-linked lending rate (RLLR) has been changed from 6.80% to 6.55%.
Personal loan: An individual should compare the loan schemes offered by lenders and take a final decision. Go for the lender that offers smaller EMI.
Personal loans: Once you have paid off the loan, your lender will issue you with a No Dues Certificate (NDC).
While some lending apps require personal information to conduct underwriting and authenticity checks, many small lenders levy an application fees too.
Debt consolidation is a process that combines various debts, frequently from credit cards and various debt, into a single payment
RBI data shows how corporates are reluctant to borrow amid the Covid-19 crisis.
The personal loans have grown by around 2.3 times in value and 3.8 times by volume.
The rate of interest on personal loans is primarily established by financial institutions on the basis of a borrower’s repayment ability.
A personal loan is an unsecured loan offered to the borrower without any collateral against the sum borrowed