Is there a medical emergency? or a wedding in the family? Do you want to fulfil your dream of renovating your house but thinking where will the money come from? Be it medical emergency or home renovation. We got you all covered.
We have partnered with four of the best loan providers to get you the best deal.
Eligibility criteria for taking a loan is simple. To ensure your repayment ability, few things are verified like minimum income, age and good credit score. It is also important to know that you should not have too many loans already. And if you do have, your strong ability to take additional debt will be checked.
Few documents are required to complete the application process. Below is the list of such documents which can slightly vary from case to case:
There are certain important points that one should check before applying for a loan. These are:
Please note that one should also check whether he/she meets the eligibility criteria or not.
Usually all lending institutions decide the amount of loan to be sanctioned based on various factors like
Yes. In certain cases, if you make your spouse as the co-applicant then your eligibility increases for the higher amount. However, co-applicant should also have a good credit score. In other cases, it would be best to get a separate loan in the name of your spouse.
Only home loan and education loan comes with a tax benefit. Personal loans, business loans and professional loans are not eligible for any tax benefit.
Looking for a loan? It is further suggested that you should get yourself adequately insured. We are sure you will not want to see your loved ones under debt in case of any unfortunate happening. Click here to know more about life insurance polices and features.Click Here