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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
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Having a credit score of above 650 for banks and above 750 for other lending institutions can help you in getting a personal loan
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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
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A personal loan is a short to medium-term loan that bridges the funding requirement that enables you to meet unexpected expenses
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The interest rates on personal loans are higher than those on home, car, or gold loans
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New rates set at 6.95% from 6.7% earlier, to be applicable from April 1
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"During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore," HDFC said in a regulatory filing
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The agreement will help the company drive financial inclusion by providing easy access to CIBIL score and report to consumers through the Nextgen Vakrangee Kendra network.
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The scheme christened Griha Varishtha is designed for employees or pensioners covered under the Defined Benefit Pension Scheme
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Sometimes people borrow more than what they are capable of repaying and as a result, they fall into a debt trap