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On the mobile app, you get information about all types of loans associated with Kotak Mahindra Bank and the facility to repay them
Home loan borrowers must weigh the advantages and disadvantages before opting for loan transfer
In the new fiscal, banks are slowly aligning their exposure towards retail/personal loans to partake in the credit growth boom
Public sector banks offer the cheapest rate of interest, while NBFCs score with wide network and prompt service to grab a bigger slice of the market, especially in the semi-urban and rural markets
Taking a personal loan just to splurge or fulfil lifestyle or aspirational needs can turn out to be a financial blunder
Officials look forward to a revival in demand in FY22 when the economy is expected to grow in double digits
Usually, companies providing this mode of credit decide on your repayment date, the amount of credit you should be given and what should be your repayment date
Having a credit score of above 650 for banks and above 750 for other lending institutions can help you in getting a personal loan
The RBI governor said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with their activities
A personal loan is a short to medium-term loan that bridges the funding requirement that enables you to meet unexpected expenses