The process for getting a personal loan may take 48-72 hours and in some cases, it may take few weeks. However, credit card loans can be processed in 24-48 hours after making an application.
Both personal loans and credit card loans come with 0.5-1% processing fee. Generally, credit card loans can have lower tenures while banks offer personal loans with a minimum tenure of 12-24 months.
One can get small loans through Credit cards on the other hand, to get a large amount of loan, personal finance loan may be a better option since credit card limits are usually limited.
Personal loans are usually available at an interest rate of 13-22%, while credit card loans are offered at 10-18%. Credit card loans are usually offered at flat interest rates, while personal loans are offered at reducing balance rates.