1 / 4

Personal Loan Bank

If the individual is planning for their higher education, any medical emergency occurs, having a plan for vacation, or planning for marriage and does not have funds for the expenses. Then the individual can avail a personal loan, it is provided by many financial institutions, banks, or NBFCs.

Download Presentation

Personal Loan Bank

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Personal Loan Bank

  2. Personal Loan Bank If the individual is planning for their higher education, any medical emergency occurs, having a plan for vacation, or planning for marriage and does not have funds for the expenses. Then the individual can avail a personal loan bank, it is provided by many financial institutions, banks, or NBFCs. Interest rate of financeseva for Personal loan The rate of interest of financeseva for personal loan is @10.25% onwards with the maximum repayment tenure of 60 months and the amount offered is up to Rs. 50 lakhs.

  3. List of banks that offer personal loans • Aditya Birla Finance Limited   • Fullerton India Private Limited • HDB Financial Services Limited   • Hero FinCorp Limited • IDFC First Bank • Axis Finance Limited   • Axis Bank Ltd.   • HDFC Bank Ltd. • ICICI Bank Ltd. • InCred Financial Services Limited • Tata Capital Financial Services Limited • Kotak Mahindra Bank   • Yes Bank Ltd.   • Standard Chartered Bank

  4. Which bank is best for personal loan? To decide which bank is best for personal loan, the borrower should know some basic factors to determine best banks to avail loan. Interest Rates: - The borrowers are required to consider rate of personal loan interest as the interest rate will remain same for the entire loan period. Therefore, compare the rates from various banks and financial institutions. Less documentation: - Usually, Documents checklist are differed from lender to lender, thus the borrower should identify that which bank asks for less documents. Loan tenure: - Banks and Financial institutions provide freedom of usage whose repayment are longer, as it decreases the amount of EMI.

More Related