1 / 6

What Things Should you Keep in Mind Before Applying for an Instant Personal Loan?

There are banks ( SBI personal loan, HDFC personal loan), NBFCs ( Bajaj Finserv personal loan, Lendingkart personal loan), and app-based lenders ( CASHe, Kreditbee) offering the personal loan on your smartphone without the need for leaving home.

Rishika21
Download Presentation

What Things Should you Keep in Mind Before Applying for an Instant Personal Loan?

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. INSTANT PERSONAL LOAN EMAIL- INFO@AFINOZ.COM WEBSITE- HTTPS://SHRUTIKESHRE.BLOGSPOT.COM/2020/10/WHAT-THINGS- SHOULD-YOU-KEEP-IN-MIND.HTML

  2. What Things Should you Keep in Mind Before Applying for an Instant Personal Loan? • Borrowing money is a responsible thing to do. And gaining knowledge about it for yourself before you apply is way more important than you realize. Technology has made the finance world accessible to everyone in a matter of seconds. However, with speed, knowledge should not be compromised. One of the easiest things to do is perhaps to apply for an instant personal loan.

  3. WHAT IS THE LENDER’S ELIGIBILITY CRITERIA………… • The first thing you have to look out for is the eligibility criteria. Every lender's personal loan eligibility criteria will be different from another lender. The eligibility criteria are easy to qualify, but you have to know what you are getting into.

  4. WHAT IS THE FEE, CHARGES, AND RATE OF INTEREST?............ • The actual cost of a personal loan is much more than what you might anticipate. The loan amount is only one part of it. There is a processing fee, rate of interest, EMI, late EMI Charges, and other charges. • Ask everything about the charges to a lender because there have been cases where the charges were hidden, a good amount to the Sum. Be careful about it. If you have time, keep looking for Lenders offering personal loan special offers.

  5. GET THE DOCUMENTS READY AND KNOW THE ONLINE APPLYING PROCESS……. Now, you know the eligibility criteria, the rate of interest, and charges. It is time to know about the required documents. Some lenders such as Indiabulls Dhani demand only essential documents such as Identity proof and address. At the same time, some need several documents. So, you have to prepare those lists of documents before you apply for the loan. There is KYC, Payslips, ITRs ( in some cases), and other documents, a lender might ask. These small things-to-do list will help you in understanding the personal loan in a better way. You see, perspective is essential. And it comes from researching different lenders. However, some lenders are really among the borrower, such as SBI, ICICI, Bajaj Finserv, or Afinoz. You could visit their official website to know more about them.

  6. THANKING YOU……….. • Email- Info@Afinoz.com • Website- https://shrutikeshre.blogspot.com/2020/10/what-things-should-you-keep-in- mind.html

More Related