A financial crisis could happen at any time. There are instances when you need money for unexpected medical costs, a home wedding, home renovations, or perhaps some school costs. At this time, a personal loan shows to be a very helpful tool. It not only aids you in your financial difficulty, but if you pay it back on time, it also raises your credit rating, enabling you to obtain a larger loan in the future. Typically, to qualify for a personal loan, you only need to have a decent credit score and no security to deposit with a bank or other financial institution.
Overview
A personal loan is a type of loan that can be used for various personal expenses, such as home renovation, wedding expenses, medical bills, or debt consolidation. Unlike a car loan or a mortgage, a personal loan is an unsecured loan, which means that you don't have to provide collateral (such as a car or a house) to secure the loan. Personal loans typically have a fixed interest rate and a fixed repayment period. The interest rate and the repayment period may vary depending on the lender and the borrower's credit score and income. Personal loans are usually available from banks, credit unions, and online lenders. Personal loans are typically repaid in monthly installments over a fixed period of time, with interest charges added to the principal amount borrowed. The repayment terms and interest rates for personal loans can vary depending on the lender, It's important to note that while personal loans can be a useful financial tool, they do come with risks. Borrowers should carefully consider their ability to repay the loan before taking out a personal loan, and should only borrow what they can afford to repay.
Get maximum funding up to 5CR depending on your credit rating & eligibility
Use your funds as per your need like wedding expenses, medical emergency, travel plan etc.
Repay your loan with flexible emi from 12 to 72 month at lowest annually interest rate onwards 10.25%*
Save your precious time by smooth and fast processing with less involvement of paperwork, get disbursment within 48 working hours in your account.
Get the Best Deal on Personal loan with Us
At “Dealstohdekho”, we strive to provide our customers with the best possible Personal loan experience. With a wide selection of high-quality loan and a knowledgeable team of experts, we make sure that our customers find the right loan to fit their needs and budget. Our focus on transparency, honesty, and fairness sets us apart from other Personal loan service providers. From start to finish, we are here to guide and assist you in finding the perfect Personal to meet your needs and budget. We provide the best customer service, fast and easy loan financing process, competitive rates with no hidden fees and 24/7 help. We are best Personal loan provider, our main mission is to get you a loan that meets your needs. We offer you the best Personal financing options and terms, so that you don't have to worry about finding a lender by yourself. We believe that our customers deserve an exceptional experience, so we put all of our resources behind making sure you get what you need when you need it.
Work Process
Eligibility
One needs to meet the eligibility standards set by the lenders to avail a Personal loan. Depending upon individual capacities , eligibility criteria for financing a Personal loan are as follows
Benefits
When you need money but don't want to deal with the headache of borrowing from friends or family, a personal loan can be a real blessing. The following are some of the main benefits of personal loans.
Consolidating your debt with a personal loan allows you to pay off high usage credit cards, high-amount emi, and pending bill all at once.
When it comes to using a loan, there is no better option than personal loan.Bank don’t impose any restriction on the end usage of personal loan,you can you as you want,you can use for Wedding expenses, house renovation, medical expense, child education & for other purpose.
If you are new to credit,then personal is better way to build your Credit score in bank records,as you pay your Emi on time your credit score keep growing, which help you to avail other loan in future from Bank.
You can get as much as up to 5 Crore loan in form of personal loan on the bases of you income and repayment capacity.
You can get a personal loan at interest rates starting at just 10.49% per annum. But, you must remember that the interest rate applicable to you will depend on the lending partner you will get it from and your overall credit profile.
Features
In case of any financial/medical emergency, availing of a Personal Loan is a great way to get the necessary funds. It is easy to understand, and you have the flexibility to repay it in smaller EMIs. You may have read or heard online that one of the finest ways to receive fast cash for urgent financial requirements is to seek a personal loan. What you may have heard or read may be accurate because requesting a personal loan is a practical technique to get cash
Some of the major feature of taking Personal Loan to raise funds are:
You can get Personal loan approval in just 72 hrs,which is quite lesser than other time taking loan process.
Since personal loans are unsecured, you are not required to provide any collateral to avail.
There are no restrictions on how the money can be used,you can use it to pay for other personal expenses, your ideal vacation, or house renovations.
Get flexibility to choose the loan tenure; you can apply for a loan from 12 to 84 months, as per your repayment capacity.
Get your approval through the online process to avoid visiting any branches or submitting time-consuming documentation.
Get Maximum funding from 1 lac to 5 Cr , on the bases of Good credit history and repayment capacity.
Additional Documents
Salaried person seeking funds as Personal Loan will have to furnish additional documents listed below to start the loan process.
Note : Utilty bill should not be old more than two month
Note : Utilty bill should not be old more than two month
Note : Utilty bill should not be old more than two month
Features
In case of any financial/medical emergency, availing of a Personal Loan is a great way to get the necessary funds. It is easy to understand, and you have the flexibility to repay it in smaller EMIs. You may have read or heard online that one of the finest ways to receive fast cash for urgent financial requirements is to seek a personal loan. What you may have heard or read may be accurate because requesting a personal loan is a practical technique to get cash
Some of the major feature of taking Personal Loan to raise funds are:
Traditional term loan is based on Fixed structure, you can not change the term of loan,you pay a fixed component each month til the end of loan.
Flexi overdraft loan gives you the flexibility to use the loan, you pay interest only on utilised amount of the loan.
You get restriction on part payment, you can not make part payment more than 25% of principal outstanding in a calendar month.
Flexi loan allows you to withdraw the amount you need from your approved limit as many time you want to withdraw,and you can prepay the amount when you have extra cash in your hand.
Get your approval through the online process to avoid visiting any branches or submitting time-consuming documentation.
Flexi loan give you facility to prepay or withdraw fund within you approved limit through online process,you can make unlimited withdrawn request in a month when ever you want to use the funds & want to prepay the amount.
With term loan you can pay emi only on fixed amount.Emi on term loan are generally higher than that of flexi loan.
With Flexi loan you can reduce the burden of emi, as part of flexibility you pay interest only on used amount.
Credit cards allow us to make large purchases with a grace period, but because it's human nature, we typically think of "buy now, pay later," which later poses a major problem when we encounter major credit card debt and find it difficult to pay it off with a single payment method. In this case, your large purchase becomes a major issue for you because the minimum payment on your credit card debt keeps rising daily, and eventually you find yourself completely helpless.By combining your credit card bill, loan EMI, into a single personal loan, you may now lower your load from 48% each year by taking out a personal loan at 10.25%.
What We’re Offering
Personal loan gives you the freedom to use the funds according to your needs, you can use fund to pay your bills,home renovation ,vacation plan for wedding expense etc.
You can also avail Top up after a certain period of emi in loan, mostly bank offer top up ot existing customer after 12 emi
You get the option to reduce you tenor or emi with the help of part payment facility ,part payment is subject to Bank/Nbfc.
You can get loan amount in personal loan from 1 lac to 5 Cr as depend on your repayment history.
You can pay your emi with flexible tennor of up to 84 month at lowest Roi of 10.25%
Digital Process
Avail Personal loan upto 5Cr* Attractive offers & rate 10.25%* for salaried person with minimum salary 15k per month.Get a dedicated expert to assit at each step till loan disbursal .Apply Now
Enter your mobile no to apply digitally personal loan
Validate Otp and check your eligible offer
Select your loan amount and tenor
Get your approval in a seconds with all credit checks
Monthly EMI
Monthly EMI ₹
Total Interest ₹
Total Amount Payable ₹
Apply For LoanThe interest rate charged by a lender for a personal loan depends on various factors. Different lenders depending on your eligibility will charge you varying interest rates. Personal loan interest rates are calculated by weighing the following criteria to factor the same in, to cover lending risks.
An amortization schedule consists of a complete table of periodic loan payments, which shows principal loan amount, and the amount of interest, that makes up each payment or the EMI or Equated Monthly Instalment of every year until you completely pay-off the loan at the end of the chosen loan term or tenure. A Personal Loan EMI Calculator automatically generates an amortization schedule to help you keep track of what you owe at any given point in time. Use Ruloans Personal Loan EMI Calculator online for a clearer picture of what lies ahead!
Company Introductions
A balance transfer facility is an option that allows you to transfer the outstanding balance of your existing loans or credit card debts to a new loan account or credit card account with a lower interest rate. In the context of personal loans, a balance transfer facility allows you to transfer the outstanding balance of your existing personal loans to a new personal loan account with a lower interest rate. By doing so, you can potentially save money on interest charges and simplify your debt repayment by consolidating multiple loans or credit card debts into a single monthly payment. Additionally, you may be able to negotiate better loan terms, such as a lower interest rate, longer repayment period, or lower monthly payment, depending on the lender's terms and your creditworthiness. It's important to note that there may be fees associated with balance transfers, such as balance transfer fees and prepayment penalties, so it's important to carefully review the terms and conditions of any balance transfer facility before making a decision. Additionally, it's important to make sure that you have a solid plan in place for repaying the new loan in full to avoid further debt accumulation.
FAQs on Personal loan
An Applicant should be salaried with net take home 15k salary credited in account, & must have valid Kyc and other documents for loan application.
For Personal loan minimum age criteria is 21 year and max is 60 year for salaried customer.
Documents required to personal loan is Photo id, Residence proof, latest 3 salary slip,and last 3 month salary credited banking & a passport photo.
Personal can be availed from 12 to 84 months subject to repayment capacity of the customer.
The loan approval process simple, quick and instant .Today most of the Bank/Nbfc are digitally offering loan to customer, which hardly takes only 5 minutes for the entire process for apply to approval
Personal Loan foreclosure facility is depend on the Bank/Nbfc which can be vary, Customers can foreclose their Personal Loan as agreed in terms and conditions. However 5% of foreclosure charges (and taxes) will be applicable.
WhatsApp us