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Top-6 reasons why people take a personal loan

Personal loans can be availed in the shortest duration without any security and can also be taken without specifying any particular end-use

  • Last Updated : May 17, 2024, 14:11 IST
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Medical Emergencies: Health emergencies can land up anytime and disturb your financial planning pushing you down with psychological stress. In a world of rising medical costs, personal loans are the only immediate solution to fulfil the requirement.
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Wedding Expenses: Indian weddings are always a big-budget expense. An average Indian always fall short to fulfill the additional costs. Hence, opt for a personal loan to manage the expenses, enjoy the wedding and then systematically repay the loan in monthly instalments.
Published: April 10, 2021, 14:13 IST

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