Banks and financial institutes offer various loans and advance for helping you to meet your immediate requirement. There are number of loans such as vehicle loan, home loan, educational loan etc. When you apply for these loans you need to prove or convince your lender that loan is used for right purpose. For example, when applied for home loan, you need to show details of property for which you borrow loan. Personal loan is one of the loans which you can use for any personal use.
What is personal loan?
Personal loan is loan available for short term for one year to five years. Personal loan can be used for meeting your immediate requirement. If you dream to owe a computer, pay off outstanding debts of credit cards, refurnish house, repair your vehicle or go for world tour. Personal loan needs no collateral security and you can avail loans up to 15 lakhs.
Why personal loan?
Personal loan is easy and available in short period. When compare to other loans personal loans needs less paper work and documents in support. Documents for personal loan includes documents to support your identity, residence and bank statement or income proof.
How can I get a personal loan?
Personal loan is easily available and needs no security or guarantor for loan. You can contact any bank which are lending personal loan. If you have an account in any bank, they will offer you personal loan. Some important banks which lend personal loans are following.
State Bank of India provides personal loan for legitimate purpose such as meeting immediate requirement like medical expense, renovation or business development, expense for Trip or Tour etc.
ICICI Bank is one of the leading banks which offer various loans such as home loans, personal loan, vehicle loan, educational loan etc. Repayment option range from 12-60 months and needs no collateral security.
Citibank is known for its service and fast cash. Ready cash personal loan is one of the important features of Citibank. They offer cash up to 15 lakhs at your doorstep within 48 hours. If you are applying for Citibank personal loan refer the reference code "CF2009" for getting 50% discount on processing fee.
HDFC Bank is leading bank which offers insurance covers for borrower in case of death or permanent disability. Insurance insures principle outstanding on the loan.
Reference:
Easy personal loan
Know more about personal loan
wikipedia.org/wiki/Personal_loan
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You have provided useful information regarding personal loan. Personal Loan is instant and easy source of finance in any personal financial need. A person in Navi Mumbai can Avail Personal Loan Navi Mumbai at reasonable interest rate and can get instant approval of loan.
ReplyDeleteNice blog. This blog provides valuable information about personal loan.Before availing personal loan, a person should compare Personal Loan Interest Rates offered by different lenders.
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ReplyDeleteGood post about personal loans.. personal loans are the boon for the person who wants money urgently.A person can avail Axis Bank Personal Loan or any other loan from any bank at best in class interest rates without telling the reason of availing the loan. It is instant finance loan.
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