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If you need a small amount, then go for a credit card loan while opting for a personal loan is preferred if an individual needs a big amount and longer repayment tenure
Personal Loan Balance Transfer is the process of transferring the total outstanding personal loan amount by the borrowers from one lender to another to take advantage of lower interest rate
Pursuing higher studies can be expensive and one may have to consider taking a loan to fund his education
Even as its competitors have hiked rates on their home loans lately, Kotak Mahindra Bank announced its decisions to continue with its rate structure starting at 6.65%
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