Q. What are the Key Benefits of taking a Personal Loan?

There are multiple benefits of availing a Personal Loan: 

  • Loan up to 15 lakh: Most lenders/Banks give Loans ranging from Rs.50,000 to Rs.15,00,000 depending on a person’s repayment capacity and income
  • No requirement of security/guarantor
  • Quick Processing: Time for a loan depends upon the documents submitted to the bank and can be sanctioned within 72 hours
  • Requires Minimum Documentation
  • Interest Rates are effective
  • 12-60 Months repayment period through Electronic clearing Services, Post Dated Cheques, Account Debit

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