Things to avoid when taking a personal loan

Things to avoid when taking a personal loan

A personal loan can bail you out of sudden financial challenges, andbecause of the varied monetary needs of modern times, theseare gradually gaining popularity. Personal loans are easy to get and are offered by most top financial institutions.

Tata Capital Personal Loan Borrowing Limits

Tata Capital Personal Loan Borrowing Limits

Mr. Ravindra Ghosh, a salaried individual, plans to get married next year.  Given the high costs associated with weddings, he wishes to avail of a personal loan to fund his wedding. Mr. Ravindra is curious about the maximum limit he is allowed to borrow from banks and lending institutions.

5 Multi-Purpose Uses of Personal Loans

5 Multi-Purpose Uses of Personal Loans

Personal loans are a great option for individuals seeking funds for medical emergencies, educational needs and for numerous other purposes like a vacation, wedding, and car purchase.

Impact of Interest Rate on your EMIs

Impact of Interest Rate on your EMIs

You quickly need to arrange Rs 5 lac for some urgent personal need. You go to your bank and tell them your requirement. They are ready to give you a loan at 16% rate of interest for 3 year tenor.

Impact of Loan Tenor on Personal Loan EMIs

Impact of Loan Tenor on Personal Loan EMIs

If give a chance, you will never want to take a loan. Isn’t it? After all, who wants to pay interest for borrowing? But in times of need, you might be forced to take a loan.