The FinTech Hub
Source: Live Mint There could be a number of reasons to raise a personal loan. It could be an emergency or to buy a luxury item or even to pay for home renovation. Although there are some people who go to the extent of taking out a loan for travel or luxury – such practices are best to…
Source: Live Mint If you are planning to raise a personal loan then the bank would invariably ask you to submit several documents (unless it is a pre-approved loan) such as your salary slips, your bank statement and Aadhaar card, PAN, among others. Notably, if your documents indicate financial liquidity, the bank may even offer…
Source: Live Mint Raising an instant personal loan is not uncommon anymore among middle-class salaried people. Be it a financial emergency, going on a holiday or buying a luxury item, people have no qualms about borrowing money to meet their requirements as soon as they arise. Being an unsecured loan, a personal loan does not…
Source: Live Mint Whenever you fall short of funds, you are recommended to raise a loan from a bank or a financial institution. A loan is typically divided into two broad categories i.e., secured and unsecured. A secured loan is given against a collateral i.e., an asset, whereas an unsecured loan is given without the…
Source: Live Mint If you are staring at an urgent financial need at present, or have something urgent lined up in the near future, what you can do – among other things – is to raise a ‘personal loan’. For the uninitiated, a personal loan is an unsecured loan offered by a financial institution i.e.,…
