List of Personal Loan Articles

Emergencies and unexpected expenses can strike any moment, leaving you needing immediate financial support. Whether it's a medical bill, a vehicle repair, or any unforeseen expenditure, a 2000 Rupees loan can relieve you. So, through this article, we will delve into how a person can secure a loan of Rupees 2000 urgently.

Before applying for a travel loan, evaluate your current financial standing. That means considering your income, monthly expenses, and existing debts. On top of that, ensure that taking on a travel loan fits comfortably within your budget without compromising your financial stability.

A personal loan for self-employed individuals serves various purposes, including covering expenses for vacations, weddings, and other immediate needs like medical bills, overheads, or unexpected repairs.

This unsecured credit type is available through banking and non-banking financial institutions. You can apply for a personal loan after qualifying the requirements, which include employment history, repayment capability, income level, profession, and credit history. A personal loan is a multi-purpose loan that you can utilise to meet your urgent needs.

Personal loans serve as lifelines during financial crunches, offering quick funds to meet various needs. However, as life unfolds, circumstances change, and the terms of our loans might need a reassessment. This is where the Personal Loan Balance Transfer comes into play.

To understand the difference between a personal loan and a business loan, it is essential to understand that applying for it generally involves a relatively straightforward documentation and application process. Personal loans often have shorter application timelines and can be processed quickly.

As an applicant, your options for moving forward will remain unclear as you won’t know the loan’s status. So, let’s continue reading to learn how to track personal loan application both online and offline.

The Marginal Cost of Funds Based Lending Rate (MCLR) was introduced in April 2016 to help borrowers availing various loans (including home loans) benefit from the Reserve Bank of India's(RBI) rate cut.

understanding how to get a loan with a new job may present some challenges, it's entirely achievable. Building a stable credit history, fostering a relationship with your bank, and exploring various lenders are crucial steps in increasing your chances of approval. Additionally, considering a co-signer or a secured loan can provide viable alternatives if unsecured loans are difficult to obtain.

Seeking to raise funds via banking channels, there are two choices: a personal loan and an overdraft loan. Now, the question arises: which option is better - an overdraft or a personal loan? To choose the most suitable choice for handling your financial emergency, let's delve into the distinctions between an overdraft and a personal loan.

You get a portion of your paycheck early when you receive a salary advance. Depending on your employer's policy, you can request these advances multiple times yearly or once. The significant advantage is that these advances usually don't involve credit checks; sometimes, they might even come without interest charges.