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A personal loan is a short and unsecured loan, for a maximum tenure of 5 years, where banks or NBFCs lend money on fixed interest rate to the consumers, without securing the loan by 'collateral'. Unlike other loans, personal loans are granted without safeguarding the loan without anydeposit assets withthe lender. It can be availed for any purpose such as education, marriage, purchase of property or assets, home improvements, investments, or holidays. You can apply for personal loan from any banks like SBI, PNB, etc. Or any NBFCs like Bajaj Finserv as well.
What else can I help you with?
What is a Post Office personal loan?
A Post Office personal loan is a competitive personal loan with various amounts. One can ask for a Post Office personal loan for different periods of time.
Pay a personal loan off with a credit card?
All you can know about personal loan from this site. http://personal-loan-info.freehostia.com/ It will help you a lot as it helped me.
How do you find the payoff balance on a personal loan?
How do you find the payoff balance on a personal loan?
Which loan is better Personal or Home loan?
home loan
In general would interest rates for a personal loan be lower or high than those for a business loan?
In general the interest rates for a personal loan would be higher than for a business loan. The risk of losing money with business loan is not as high as with personal loan.
Who do you contact when scammed on loan?
Personal loan for foreclosure
Which bank provid Personal Loan in Pune - Interest Rate Starts at 10.75?
iServefinancial provide you personal loan in pune. And also provide online personal loan in pune
Can you get a personal loan attached to a new home loan?
If you have equity, you can get an equity loan
Are four wheelers under auto loan or personal loan?
Auto Loan
What is the main difference between a commercial loan company and a personal loan company?
The main difference comes down to purpose and borrower type: A personal loan company focuses on individuals. These loans are typically used for personal needs such as debt consolidation, home improvement, education, medical expenses, or travel. They can be secured or unsecured personal loans, with interest rates based on your credit profile, income, and repayment history. A commercial loan company, on the other hand, serves businesses. These loans are designed to fund operations, purchase equipment, expand facilities, or manage working capital. Because the amounts are often larger and involve business risk, lenders may require collateral, business plans, and financial statements. At RiseUp Financial, we specialize in helping individuals find the best personal loans with competitive personal loan interest rates, while commercial loans are best handled by providers who cater specifically to business financing.
What is the difference in interest between car loan and personal unsecured loan and which is better a car loan or personal loan?
personal loan have a higher interest rate than car loans beacause they are unsecured loans . In car loan the loan is used for only purchase car .In a car loan, the loan is only used to buy a car, but you can use it as personal items in a personal loan. Interest rates start at just 8.50 percent for a car loan, but can rise 16 percent based on one's credit score and credit history. Find out more, please click https://www.indialoanservices.in
Do I have to pay taxes on a personal loan?
No, you do not have to pay taxes on a personal loan because it is not considered taxable income.
