Personal loan is an unsecured loan that can be used for a variety of end uses, including medical treatment, home renovation, travel, wedding, and any other urgent financial requirement.
Loan Approval In 30 Minutes
Apply Now & Get Your Personal Loan Approval within 30 minutes.
All the expenses beyond the budget can now be easily covered with a credit card. Spend now, pay later!
Loan Upto Rs. 50 Lakhs
Available a Personal Loan up to Rs. 50 lakh and meet your financial obligations.
Minimum Documentation
Only 5 Basic Documents Required to Available a Personal Loan.
CATEGORY OF LOANS
Loans can be broadly categorized as secured or unsecured. Loans that are backed by collateral or security in the form of assets like property, gold, fixed deposits, and PF among others are secured loans. If the bank or NBFC agrees to give loans without security and purely based on.CIBIL score and personal track records, it becomes unsecured loans.
Loans are also classified on the basis of repayment period-revolving loans or term loans. Revolving refers to a loan that can be spent, repaid and spent again. A credit card is an example of this. And the loans paid off in equal monthly installments (EMI) over a pre-agreed period are called term loans.