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.

A micro-finance institution or micro-finance lender gives small, unsecured loans to people from poorer sections of the society.

The Personal loan verification process is conducted through online portals for documents such as PAN cards, Aadhaar cards, or passports. Once the documents are verified, the investigation team compiles and submits their reports to the loan officer responsible for personal loan accounts.

One can get tax exemptions on interest paid on personal loans under certain circumstances. It is the purpose of your personal loan that determines whether you’ll qualify for tax savings.

A personal loan typically does not demand collateral or security and has flexible repayment periods.

Early partial payment of personal loans means that when you have surplus funds in your bank account, that amount goes to making early repayment of part of your personal loan. Full prepayment means fully paying back the personal loan that you have taken, before the due date.

Personal loans have grown in popularity as a solution for people who need access to quick cash for an urgent situation or specific activity.

Personal loans can serve as a lifeline during financial emergencies. They offer convenience and flexibility, but you need to be vigilant about hidden charges in personal loans that might catch you off guard. While the interest rate is the most apparent cost, there are many other charges associated with personal loans that you should know to make well-informed decisions.

MSF is a very short term borrowing scheme for scheduled commercial banks. Banks may borrow funds through MSF during severe cash shortage or acute shortage of liquidity.

An unsecured personal loan can be used to meet your current personal financial needs or medical emergency. Know more at India Infoline

One of the most popular and commonly opted debt products are personal loans because of their easy, quick, and convenient process of application. Moreover, they can also be issued for various types of personal expenses without any rigidity, such as mortgage loans or automobile loans.