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Personal Loan

Overview

A personal loan is an unsecured loan that individuals can use for various personal financial needs. These loans are offered by banks, financial institutions, and NBFCs (Non-Banking Financial Companies) with flexible repayment terms and no collateral requirements. They are ideal for covering expenses such as medical emergencies, education, home renovation, travel, or debt consolidation.

Loan Process :

Application: Submit an application online or at the lender’s branch.

Documentation: Provide necessary documents such as ID proof, income proof, and address proof.

Verification: The lender verifies your documents and evaluates your creditworthiness.

Approval: If eligible, the loan is approved with terms including loan amount, tenure, and interest rate.

Disbursement: The loan amount is credited directly to your bank account.

Benefits of Personal Loans :

No Collateral Required: No need to pledge assets, making it accessible to more individuals.

Multipurpose: Funds can be used for any personal need without restrictions.

Flexible Repayment: Options for EMI-based repayment over a tenure of 1-5 years or more.

Improves Credit Score: Timely repayment enhances your credit history and score.

Key Features :

  • Unsecured Loan: No need for collateral or guarantor.
  • Flexible Use: Funds can be used for any personal financial requirement.
  • Quick Disbursement: Loan processing and disbursement are fast, often within a few hours or days.
  • Fixed Tenure: Repayment is made in fixed installments over a specified period.
  • Competitive Interest Rates: Rates vary based on credit score, income, and lender policies.
Contact

+91 99980 99281
sunil@skccorporate.com

Address

SHOP – 2F – 8 MADHURAM – 2, MADHURAM CIRCLE, DINDOLI, Dindoli, DINDOLI POLICE STATION, Udhna, Surat-
394210, Gujarat, India

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