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About Personal Loan

The best part of a personal loan is that you can get it quickly. Hence in the Banking industry we call this as an instant personal loan. India is a city with a population of more than 130 crores. Such a huge audience is split in multiple states. Keeping this in mind, Banks and NBFCs all over India provide instant approval on personal loans. When there is a unique situation of a personal loan required immediately, you can be rest assured as there are major Banks and NBFCs spread across your area. All you have to is visit any of the Banks and apply for the loan at the lowest interest rates. Are you wondering if we could help you with a list of Banks along with the locations? Yes we can!


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What are the unique Features & Benefits of a Personal loan?

There are multiple Features and Benefits an individual can avail when he/she applies for a personal loan online or offline. Here are some of the most unique features and benefits:

Easy availability everywhere:

The main reason why an Instant Personal Loan is very famous with the masses is because of its easy availability. Major Banks give this loan to everyone living in India who work on salary basis. A personal loan can be acquired at the lowest interest rates within 24 to 48 hours* of loan application being submitted along with the required documents.

Minimum documentation needed:

The best feature of a personal loan is that it requires minimum documentation. Because this is an unsecured loan, you don't need to keep any property as mortgage with Bank. Most of the documents are KYC related and hence is easy to acquire. You can give these documents and get the loan approved. This is the reason why personal loans are approved quickly without any kind of hassle.

Pre-approved offers:

The best part of Personal loans is that Banks often give pre approved offers online with attractive interest rates to the customers that have an account with them. As a customer, you can be receiving these offers and get the loan amount instantly within your account.

Quicker loan approval:

Most of the lenders give personal loans to people who work on salary and don't need a lot of documentation. In terms of online personal loan approval, they get approved quickly as this approval takes not more than one to two working days. The mechanism of approving personal loan with lowest interest rates is known to be quick, efficient and hassle free.

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How can you easily repay your Personal Loan?

There are different ways by which you repayment of your loan in person can take place. These ways allow you to get EMI paid without wasting any amount of time.

Repayment through Electronic Fund Transfer (EFT)

Repayment EMI money via cheque in advance

Repay by physically visiting the lender's branch

Repay EMI money through automatic deduction from your account

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