What information should I know before taking out a personal loan?
25.1.2023 15:47
Thanks for asking this Question. I do see so many people applying for Personal loan without knowing any information.
Personal loan interest rate can vary from lender to lender and its negotiable. The interest rate is depends on the CIBIL Score and eligibility criteria.
CIBIL Score has to be 750 or above. There are few lenders who provide personal loan for 700+ but as I mentioned the interest rate could be slightly high.
Need not submit any of your physical documents to the Banks/NBFCs when you go with the Online Personal loan.
Eligibility Criteria for Personal loan vary from lender to lender.
Personal loan is provided for any individual of 21 to 60 years for salaried individual. However for self-employed it is between 25 to 65 years.
Personal loan interest rate can vary from lender to lender and its negotiable. The interest rate is depends on the CIBIL Score and eligibility criteria.
CIBIL Score has to be 750 or above. There are few lenders who provide personal loan for 700+ but as I mentioned the interest rate could be slightly high.
Need not submit any of your physical documents to the Banks/NBFCs when you go with the Online Personal loan.
Eligibility Criteria for Personal loan vary from lender to lender.
Personal loan is provided for any individual of 21 to 60 years for salaried individual. However for self-employed it is between 25 to 65 years.