Wedding loans accounted for 33% of all loans during the second wave of the pandemic, compared to 22% during the first wave
Personal loan is usually disbursed within 24 hours while gold loan takes time as it involves the bank officials valuing the collateral first
Personal loans which saw a significant fall in the first quarter of 2020-21 have ended the fiscal with a massive jump of 35.5% in the fourth quarter
Personal loans: Though it falls into the category of personal loan, the interest rate on loans for Covid-19 treatment is far lower
Credit bureaus are notified regarding loan closures by lending institutions, ensuring that there are no outstanding obligations in the borrower's name
‘Car Loan’ is the most searched phase in India followed by ‘Home Loan’ and ‘Phone Loan’
Personal loan: An individual can opt for a guarantor probably with a sound credit standing of his own
To cover the shortage of funds, banks offer two kinds of facilities to salaried individuals- Overdraft Facility on your Fixed Deposit or Personal Loan
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 lo
Having a credit score of above 650 for banks and above 750 for other lending institutions can help you in getting a personal loan