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Finding a Personal Loan Finance Company you can Trust

Author: Arwind Sharma
by Arwind Sharma
Posted: Sep 13, 2016
personal loan

Planning a trip abroad or a destination wedding? Make all your expensive dreams come true with a Personal Loan. Though Personal Loans don’t come cheap, they’re easily available and can help get rid of an immediate cash crunch. Even when you don’t have a bad cash situation, you can apply for a Loan and use it to finance vacations, weddings, or even to buy the latest gadgetry.

One of the most popular uses of a Personal Loan is to consolidate other debts like credit card loan, car loan, and payday loans into one loan with a fixed rate of payment. Another great use of a Loan is to pay off credit card debts—the interest on a Personal loan is much lower than what is charged by credit card companies. This helps make a lot saving in terms of interest payouts.

As you can see, a Personal fianance can be put to a multitude of uses, but the challenge lies in choosing the right Personal Loan finance company. Here are some tips to help you out.

Tips to Choosing the Best Provider

Choosing the right finance company loans online in India can be a daunting task. But with these helpful tips, it should be no hassle at all!

  • The rate of interest is the first thing that you need to consider. Compare the rates online before approaching any lender. Enquire about the other hidden charges as well

  • One of the most important things that you need to consider is the loan amount—it should suit your budget and requirements

  • Ask the lender about the process of loan approval and the time taken for the same—it should be a convenient and fast process

  • Last but not the least, make sure to check the reputation of the lender as a lot of people fall prey to frauds in the name of loans

Personal Loans to make your life easy

Bajaj Finserv is one of the few companies that fulfill the above-mentioned criteria and are one of the best companies to get a Personal Loan from. They have a presence in more than 1400 locations across the country. Here are some reasons that make them the best place to get a Personal Loan:

Instant Online Approval

Visiting banks for loans processing and approval is quite outdated. With Bajaj Finserv, everything—from loan application to loan approval—happens online and within minutes. P,us, you can check your eligibility with their Personal Loan eligibility calculator before applying for the loan.

Get up to Rs. 25 lakh

They offer Personal Loans up to Rs. 25 lakhs depending on your eligibility. And for a Personal Loan, that’s quite a hefty sum.

Amount Credited in Less than 72 hours

Once approved, you get the loan credited to your account in matter of hours.

Flexi Loan benefits

A first of its kind feature—the Flexi Loan account allows you to draw-down money and prepay with the drop-line facility using the Bajaj Finserv digital customer portal.

These are just some of the reasons that make Bajaj Finserv one of the best options for Personal Loan.

About the Author

Arwind Sharma is a financial advisor with an experience of more than 7 years. He has worked for topmost financial firms in India and has been a visiting faculty at many reputed institutes in India.

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Author: Arwind Sharma

Arwind Sharma

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Member since: Oct 19, 2015
Total live articles: 28

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