- Check Your Credit Score: You must check your Credit Score before applying for a personal loan in any bank or a financial institution. It is a factor that plays an important role in the approval of the loan application. CIBIL keeps a record of your credit history by collecting your credit data from all the banks and financial companies. A good credit score gives a green signal to your loan application and also lowers the interest rates charged to you.
- Increase your loan eligibility: You can extend your Eligibility of the loan amount by adding your income with your spouse’s income.
- Relationships with Banks: You can get discounts on interest rates if you apply for a personal loan from a bank where you have a relationship. In such a case, the bank considers your previous repayment records and analyzes your capability to afford a new loan. Also, you can easily negotiate on the personal loan interest rates offered to you, eventually saving a lot of money.
- Penalties: There are many charges that are related to personal loans other than interest rates. If you wish to close the loan earlier, this will require you to pay penalty charges. Search for the lenders that do not charge a penalty for paying the loan before the completion of tenure. Also, check the charges that you need to pay in case of paying your EMIs late.
Important Pointers in Personal Loan
Check Special Offers During COVID-19
Why us?
Rates as low as 9.99%*Loans Up to 30 Lacs
Same Day Disbursal
Doorstep Service
Unbiased Experts Advice
Personal Loan By Banks
Personal Loan By Cities
- Personal Loan in Ahmedabad
- Personal Loan in Bangalore
- Personal Loan in Bhubaneswar
- Personal Loan in Chandigarh
- Personal Loan in Chennai
- Personal Loan in Cochin
- Personal Loan in Coimbatore
- Personal Loan in Delhi
- Personal Loan in Hyderabad
- Personal Loan in Indore
- Personal Loan in Jaipur
- Personal Loan in Kolkata
- Personal Loan in Lucknow
- Personal Loan in Mumbai
- Personal Loan in Nagpur
- Personal Loan in Nellore
- Personal Loan in Pune
- Personal Loan in Rajahmundry
- Personal Loan in Vijayawada
- Personal Loan in Visakhapatnam