Personal loan today has become an ideal type of loan among lots of people. Personal loans are unsecured loans meaning that there is no need for the individual to pledge any asset as a security or collateral, unlike a car or home loan. These loans are highly accessible, thus making them the most sought loan […]
Continue Reading
The personal loan consumption in India, especially the ones below Rs.50,000, has increased almost two times in the last three fiscal years, reveals a report. While easy availability is one of the reasons for this booming demand, others can be attributed to RBI’s decision to reduce the repo rate from 4.4% to 4% in May […]
Continue Reading
A loan against property is a secured loan that you take by mortgaging your property. Well, it has a lower interest rate than personal loans. That is the main reason for their widespread popularity. You can easily take a LAP loan from any bank. It doesn’t matter whether you are salaried or self-employed. However, if […]
Continue Reading