Customer Support : +91 7875380889/7057280385
Below-given are the benefits and features of a personal loan:
Personal loans are used for multiple purposes, some of which are given below:
Below-mentioned are things to keep in mind before you drop a personal loan application:
Below-mentioned are the personal loan eligibility norms:
Here is a list of documents needed for salaried, professional, and self-employed applicants for a personal loan:
One of the important things to do before applying for personal loans is checking the interest rates offered by banks and NBFCs. The Personal Loan Interest Rates will differ from a financial institution to another on grounds of your individual profile, repayment capacity, income, required loan amount, loan tenure, credit score, and other factors.
The online personal loan EMI Calculator helps to calculate the monthly instalment amount that you have to pay towards repayment. On the calculator enter the desired loan amount, interest rate, and tenure.
We have provided an example of the total cost of a personal loan:
A personal loan comes with a fixed tenure. The tenure is the repayment period. You are expected to repay the debt via EMIs within this fixed tenure. But anytime if you want to repay the loan sooner than the end of repayment period, you can opt for: Part pre-payment or Foreclosure.
We at Loanbaba offer you personal loan offers from top banks and NBFCs in India. Being one of the leading FinTech firms, and an online platform that helps one access secured and unsecured loans, we ease your borrowing decision. Some of the features you can use for free on our website are as follows.
To apply for personal loan at Loanbaba:
Given below are some of the FAQs on personal loans in India:
EMI is influenced by the loan amount, tenure, and interest rate. A longer tenure will entail a lower EMI, but a higher interest payout, increasing the cost of the loan. If you can afford to pay larger EMIs, then you should choose a shorter tenure to save on the total interest payout. This will help reduce the total cost of the loan. Other factors apart from the EMI that you must consider are: processing fee, foreclosure fee, reputation and services provided by the bank/NBFC, etc.
You can borrow between Rs. 1 lakh and Rs. 1 crore from banks and NBFCs.
Here are a few tips for a successful personal loan application:
06/10/2020 Caring and Sincere representative and support. Such a helpful financial application for personal loan.
06/10/2020
Caring and Sincere representative and support. Such a helpful financial application for personal loan.
25/09/2020 Nice Application for urgent,staff is very supportive,you can get loan amount in urgent need , really appreciate it
25/09/2020
Nice Application for urgent,staff is very supportive,you can get loan amount in urgent need , really appreciate it
17/09/2020 Excellent service, personal loan got approved in minutes.. a special thanks to Pooja for timely updates
17/09/2020
Excellent service, personal loan got approved in minutes.. a special thanks to Pooja for timely updates
Akshar Blue Chip IT Park, 703, Thane - Belapur Rd, Turbhe, Navi Mumbai, Maharashtra 400705
customersupport[at]loanbaba[dot]com
+91 7875380889/7057280385
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