Personal
Loan is an unsecured loan product of banks
and NBFCs that can be applied for Marriage,
Education, Holiday, Home Renovation etc. its
basically called any purpose loan.
Do you need some emergency cash for medical
treatment, house renovation, wedding, higher
education, vacation or for any other reason
or plan?
A personal loan can only get you rid of your
sudden financial crisis. Normally You do not
need to clarify the purpose or use of the
loan amount to the bank you are applying the
loan and you do not need a guarantor or
security to obtain a personal loan. Your
monthly income is very much enough to get
you a personal loan with the best repayment
option and lowest interest rate.
Unsecured
personal loans are offered by lending
institutions such as banks and non banking
finance companies like ICICI, AXIS,HDFC ,
STANDARD CHARTERED,ING VYSYA,FULLERTON
INDIA,HDB FINANCIAL SERVICES and are so
called because the lender requires no
security for the debt. They are not
available for speculative purposes or
business purposes. Depending on the
individual lender some other purposes may
also be excluded, for example the purchase
of timeshare property. For best personal
loan offers in Delhi/NCR,Gurgaon,Faridabad,Noida,Greater
Noida just make a call to us and our team
will be eagear to serve you.
Personal loans are available for different
amounts and different repayment terms.
Depending on the amount and purpose of the
loan, you will also be able to choose from a
range of repayment periods from One year to
Five years. The minimum loan amount is
typically 50 Thousand although some lenders
do offer 100 k and upwards. The maximum
amount you can borrow is 30 lacs although
this will vary between lenders and products.
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