Don’t take that instant personal loan, do monthly savings instead
6 years, 6 months ago

Don’t take that instant personal loan, do monthly savings instead

Live Mint  

Mumbai: More people are now taking personal loans in the country. According to the Reserve Bank of India, personal loans increased 35.3% from to ₹ 5,065 crore in April 2018 from ₹ 3,737 crore in April 2017. They find it convenient to pay an EMI,” said Sachin Parekh, CFP, Save N Protect Financial Planners, adding personal loans are easily available in the market particularly for a bankable customer. If you have a proven repayment track record with your bank and good credit history, you can easily get an instant personal loan. Bajaj Finserv offers personal loan from 12.99% onwards, charges 2.25% processing fee of the loan amount plus a convenience fee.

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History of this topic

No credit score? Here’s how you can get a ₹30,000 personal loan
1 week, 1 day ago

No credit score? Here’s how you can get a ₹30,000 personal loan

Live Mint  

We often have unexpected hurdles to cross in our lives. Instant personal loan Instant personal loans are given within minutes or hours. How to get a personal loan without a credit score? Features of an instant personal loan Fast approval: It can approve a loan in less than five minutes. You must have a repayment plan to repay the loan …

Instant personal loans for housewives: How to secure one with ease – key tips
1 week, 1 day ago

Instant personal loans for housewives: How to secure one with ease – key tips

Live Mint  

Being a housewife is not an easy job. Instant personal loans Instant personal loans are short-term loans that provide rapid financial assistance. Low processing charges: Processing fees for personal loans targeting women are usually cheaper at banks and other financial institutions. Documents required for instant personal loan for housewives There are not major requirements of documents you just need to …

Instant loans for housewives: A step-by-step guide
Trending News
1 week, 1 day ago

Instant loans for housewives: A step-by-step guide

India Today  

Instant personal loans offer housewives quick financial relief with easy application, affordable rates, and fast approval. In such times, instant personal loans can provide much-needed financial relief. Instant personal loans are short-term, unsecured loans designed to provide quick financial assistance. KEY FEATURES OF INSTANT PERSONAL LOANS FOR HOUSEWIVES Affordable interest rates: Loans designed for women often come with lower interest …

Instant Personal Loan: How to get approved without documents? A complete guide
1 week, 6 days ago

Instant Personal Loan: How to get approved without documents? A complete guide

Live Mint  

Even with personal money, convenience is the order of the day in today's fast-paced world. Introducing fast personal loans without documentation, a revolutionary way of quickly and efficiently accessing finance. Instant personal loans can be termed short-term financing opportunities that provide users with immediate money access. Features of getting an instant loan without documents Smooth application process: These loans are …

Can students without income apply for personal loans? A complete guide
2 weeks, 6 days ago

Can students without income apply for personal loans? A complete guide

Live Mint  

Securing a personal loan as a student can be a practical solution to manage unexpected expenses or cover various personal costs. Whether you're facing immediate expenses or need extra financial support, understanding the ins and outs of student personal loans can help you make informed decisions. Students without a steady source of income may be eligible for immediate personal loans …

5 costly mistakes to avoid when applying for an instant personal loan
4 weeks ago

5 costly mistakes to avoid when applying for an instant personal loan

Live Mint  

The need for funds can arise at any time for several purposes, such as medical expenses, educational costs, or any other unexpected needs. However, in emergency situations, due to the urgent need for funds, borrowers can overlook a few details and make mistakes while applying for an instant personal loan. If you apply for an instant personal loan with a …

Instant personal loan: These are the top 9 reasons to apply for it
4 weeks ago

Instant personal loan: These are the top 9 reasons to apply for it

Live Mint  

If you are in an urgent need of money and the requirement does not qualify for a specialised loan category such as a car loan or a business loan, then it is recommended to opt for a personal loan. Although one typically applies for a personal loan at a bank or an NBFC, one can consider opting for an instant …

7 instant personal loan mobile apps you can explore in 2025
4 weeks, 2 days ago

7 instant personal loan mobile apps you can explore in 2025

Live Mint  

If you are falling short of money and urgently need funds to meet your deficit then one of the most feasible options that you can explore is to seek a personal loan. Although one can approach a bank or an NBFC for a personal loan, there are a dozen mobile applications also that enable users to procure a personal loan …

Personal Loans vs. Payday Loans: 10 crucial differences you need to know
1 month ago

Personal Loans vs. Payday Loans: 10 crucial differences you need to know

Live Mint  

If you are short of funds and urgently need money to cover an unanticipated expense, you can rely on a personal loan. We are referring to the pay day loans, which are quite similar to personal loans but still vary in terms of interest rate, loan amount and repayment period, among other criteria. Purpose: Personal loans are offered by banks, …

Struggling with no job? Here’s how to get an instant personal loan
1 month ago

Struggling with no job? Here’s how to get an instant personal loan

Live Mint  

Personal loans are a great option if you want quick access to funds in order to cover your expenses for a while. However, instant personal loans offered to unemployed individuals may attract higher interest rates and low principal amounts because of the risk involved for the lenders. How to secure an instant personal loan when unemployed Choose the right lender: …

Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed?
1 month, 1 week ago

Personal loan for self-employed: What are the eligibility criteria, interest rates, and documents needed?

Live Mint  

While availing a personal loan is typically a hassle-free process for salaried individuals given the regular nature of their income, self-employed persons have to go through the rigour of convincing the lender to get the same. Lenders require self-employed persons to have a minimum income, which can vary by location, and the necessary financial documents that show stability of income, …

5 key tips to boost your chances of instant personal loan approval
1 month, 1 week ago

5 key tips to boost your chances of instant personal loan approval

Live Mint  

Personal loans are one of the most convenient tools to access emergency funds. Source of income Most lenders would quickly approve instant personal loans for borrowers with stable incomes and steady employment. Different lenders may have a minimum monthly income limit to grant an instant personal loan. Good credit score One of the major criteria lenders look for when approving …

Personal loan: Where to apply for it? Here are 5 key options
1 month, 1 week ago

Personal loan: Where to apply for it? Here are 5 key options

Live Mint  

In case you fall short of money and urgently need it, one of the most feasible options is to raise a personal loan. One could raise a loan from a bank such as SBI, HDFC Bank, Kotak Mahindra or Bank of Baroda, among others. Alternatively, you could Here we list out key ways to raise a personal loan: 1.Bank: Raising …

What is a personal loan? A comprehensive guide for first-time borrowers
1 month, 4 weeks ago

What is a personal loan? A comprehensive guide for first-time borrowers

Live Mint  

Personal loan loans are flexible financial options that can be availed in pursuit of different goals of life such as paying an emergency medical bill, funding home improvements or realising that special dream vacation. Important factors to consider before taking personal loans 1.Loan terms and conditions: Before taking a personal loan, always read the fine print. 2. Credit score: It …

Instant Personal Loan: A Step-by-Step Guide to Getting Quick Cash
2 months, 3 weeks ago

Instant Personal Loan: A Step-by-Step Guide to Getting Quick Cash

Live Mint  

An instant personal loan is a type of unsecured loan that can be applied for online, eliminating the need to visit a bank branch. The application process can be completed in just a few simple steps. To qualify for an instant personal loan, you typically need to meet the following criteria: Age, CIBIL score, and work experience. The loan is …

Personal loans: What is an instant loan? All you need to know
2 months, 4 weeks ago

Personal loans: What is an instant loan? All you need to know

Live Mint  

Instant personal loan is a type of unsecured loan which gives quick access to money with minimal documentation and fast approval, sometimes within minutes or a few hours. Instant personal loans are generally offered by banks, non-banking financial companies, or fintech lenders and are quite handy to address short-term financial needs, which include but not limited to medical emergencies, travel, …

Unlock Quick Cash with Instant Loans: A Comprehensive Guide to Financial Solutions
3 months ago

Unlock Quick Cash with Instant Loans: A Comprehensive Guide to Financial Solutions

Live Mint  

Instant loans are a type of credit that allows you to obtain funds in a short amount of time with minimal processes. These loans can be beneficial for various urgent financial needs, including medical emergencies, educational purposes, travel expenses, and wedding expenses. To apply for an instant loan, you can visit the official website of your respective bank and fill …

What are instant loans and how can they help you financially?
3 months ago

What are instant loans and how can they help you financially?

Live Mint  

In today's fast-paced world, unforeseen financial requirements can arise at any time. Instant loans can be beneficial for various urgent financial needs, including student debts, medical expenses, essential purchases, and wedding-related costs. Clearing credit card debt: Instant loans can be an excellent option for paying off excessive credit card bills, as personal loans typically have lower interest rates compared to …

Everything you need to know about a personal Loan
5 months ago

Everything you need to know about a personal Loan

Hindustan Times  

Often, rising living costs force us to postpone our goals, whether it's studying abroad, exploring our dream travel destination, or upgrading our home interior. Bajaj Finserv stands out as one of the best NBFCs providing instant personal loans online, with quick approval and basic eligibility requirements Points to keep in mind while taking personal loan What is a personal loan? …

Personal loan: How to negotiate lower interest rate? Here are a few tips
7 months, 2 weeks ago

Personal loan: How to negotiate lower interest rate? Here are a few tips

Live Mint  

For a personal loan, you can bargain for a lower interest rate. Negotiating for low interest rates Over the loan tenure, you may be able to save money by negotiating a lower interest rate on a personal loan. While internet lenders may charge higher interest rates to people with lower credit scores, banks may offer lower rates to their long-term …

What are instant personal loans? Here are 6 essential features that define them
7 months, 2 weeks ago

What are instant personal loans? Here are 6 essential features that define them

Live Mint  

Instant personal loans are a loan category specifically crafted to offer rapid access to funds, typically featuring a quicker approval process compared to standard personal loans. Diminished loan amounts : Compared to conventional personal loans, instant personal loans frequently have lower maximum loan amounts. : Compared to conventional personal loans, instant personal loans frequently have lower maximum loan amounts. Best …

Want to Avail Personal Loans? Check These Banks Offering It At Low-Interest Rates
2 years, 2 months ago

Want to Avail Personal Loans? Check These Banks Offering It At Low-Interest Rates

News 18  

We all understand the necessity of personal loans. Personal loans are good for short-term goals but still choose the loan tenure based on your repayment capacity to avoid hampering other expenses. Top showsha video To avail of a personal loan, a salaried person should be between 21-60 years old and a self-employed applicant between 22-55 years. Here are the interest …

Instant, app-based loans could lead you to debt traps
3 years, 3 months ago

Instant, app-based loans could lead you to debt traps

Live Mint  

The adoption of technology amid covid-19 in the Indian financial ecosystem is on an overdrive. The promise of real-time access to loans makes instant app loans more attractive than personal loans from established banks, especially for urgent requirements. Loan sharks: Regulators in advanced economies such as the UK and the US have issued strict guidelines against loan sharks offering instant …

Take a personal loan only for an emergency, but compare the rates first
4 years, 7 months ago

Take a personal loan only for an emergency, but compare the rates first

Live Mint  

Personal loans are one of the most expensive categories of loans you can avail of. In fact, you might have received a few calls offering instant personal loan because you have been a loyal customer to your bank. However, if you opt for a personal loan, expect to pay an interest rate of anywhere between 9% and 20% per annum. …

5 things you must know before going for instant personal loan
5 years, 8 months ago

5 things you must know before going for instant personal loan

India TV News  

You can use an instant personal loan to boost your finances or plug gaps when you face a sudden monetary shortfall. 4) Read Fine Print An instant personal loan is convenient and in case of an emergency, it can save you a great deal of time. This feature allows you to borrow from your sanctioned personal loan multiple times without …

5 ways to get your personal loan approved quickly
6 years, 1 month ago

5 ways to get your personal loan approved quickly

India TV News  

When people need money urgently, they think of personal loans. Therefore, loan seekers must always check their credit score before applying for personal loan so that if your score is low, you can take the required steps to improve it and increase your chances to get personal loan that too at lower rate of interest. Online platforms like these, you …

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