answersLogoWhite

0


Best Answer

NBFCs offers personal loan along with so many benefits like:

a.) Less Documentation

b.) Instant Approval

c.) Fast disbursal process

Few NBFCs like Bajaj Finserv even offer fund in account within 24 hours and they asks for very less documents. All you needed is salary slips of the last 2 months, salary account bank statement of the last 3 months, employee ID card and some KYC documents.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you choose between bank or NBFC to Apply Personal Loan in India?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Should you choose India or China?

It is personal choice.


Do all laws are apply to all in India?

Some international laws apply to India. All Indian national laws apply to all India. Local laws apply in certain areas.


How would one apply for a personal loan from HDFC bank?

Based in India, HDFC Bank offers a variety of financial services, including personal loans. Consumers can find an online application for personal loans at the HDFC website.


How can you apply to Italy?

i am in india i want to apply for italy immigration


How do they choose a leader in India?

India is a democracy; they have elections.


How To Apply Personal Loan in India?

If you need some money to finance wedding, travel, home improvement, medical emergency, higher education or anything else, you can simply apply for a personal loan.First, you should compare among all the banks and NBFCs to find the best one in respect of interest rate and the benefits offered. It is recommended go for an NBFC like Bajaj Finserv to apply for a personal loan. After you choose the lender, you can apply via online process or offline process. Check the eligibility criteria, documents required, credit score required and interest rate, before applying.Online procedure to apply for a personal loan:Step 1: Fill the online form. Fill-in all details and submit the form.Step 2: Get an instant approval. Select your required loan amount and tenure.Step 3: Representative will get in touch for document collection.Step 4: Money will be credited to your account!You can even apply for a Personal Loan by sending SMS or giving a missed call.


How do i apply Singapore visitor visa from India?

go to the embassy of Singapore in India or any travel agent who can apply on your behalf


What are some examples of loans you can apply for with Citibank India?

Home loans, personal loans, and ready credit loans are available through Citibank India. Just visit their website, fill in the quick form and a representative will be happy to assist you.


Can we apply for kid birth certificate from any city in India?

You can apply for a birth certificate from any city in India, but you will have to apply to the Hospital or Nursing Home where the kid was born


Who can apply for a US Visa card in India?

Thee are many people who can apply for a US Visa card in India. One who has a good amount of credit and no credit card issues can apply for a US Visa card in India.


Is there any Singapore bank in India for personal banking?

You can go for the DBS bank. It provides personal banking in India and are operated in 12 cities of India.


Name India's first personal assistant service organization?

name India's first personal assistant service organization?