Indian Money Company, Indian Money – Top 10 Tips for Personal Loan

Personal loan is a type of unsecured loan, which can be availed to help meet financial needs. Generally no collateral or security is needed to avail a personal loan. Personal loans are availed to meet financial expenses during an emergency or to pursue personal goals.

Want to know more on Personal Loan? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.

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Personal Loan Eligibility Criteria:

To avail a personal loan, the borrower must meet the following eligibility criteria:

  1. The borrower must have a stable source of income.
  2. He must earn Rs 20,000 a month or above. (Take home salary).
  3. The applicant must have a good credit history. (Credit score of 700 or above).

Top 10 tips for taking personal loan:

Personal loans are the most popular type of loan that can be availed. Banks sanction these loans to borrowers with no collateral. The borrowers do not need to state the reasons for availing personal loans, which is why these loans have become so popular these days. Before availing personal loans, there are a few things that you must consider. Below listed are a few tips that you must keep in mind, before applying for a personal loan:

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08042687207

contact@indianmoney.com

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