personal loan
Personal Loan From Ekalfinance
EkalFinance connects you to trusted personal loan providers in India, offering low-interest rates and flexible terms. With no charges or commissions, we help you compare loan options and find the best deal. Our easy process, including an EMI calculator and free credit report, ensures a stress-free experience. Whether it's for emergencies or personal needs, EkalFinance makes securing a personal loan simple and affordable.
Key Features:
Loan amounts range from thousands to lakhs. Easy online application for time-saving convenience. Contactless documentation and fast processing. No collateral, security, or guarantor required. Access to various loan offers from leading Banks and NBFCs. On-the-spot approval and speedy disbursement. Flexible loan repayment tenure. Special offers for selected professionals. Exclusive offers for current customers.
Eligibility Criteria
- Age: Min 21 years, Max 60 years
- Emp-Status:Salaried,Self-emp,Business owners.
- Income:Min (₹20,000 to ₹50,000).
- Credit Score: At least 650 or Above
Benefits of Personal Loan:
Personal loans offer flexibility with lower interest rates than credit cards and quick approval. They can be used for various purposes like repairs, medical bills, or vacations. Available from banks, online lenders, and NBFCs, they are accessible even with a low credit score, though at higher rates. Repayment terms range from 1 to 7 years, with fixed monthly payments.
Frequently Asked Questions
Where can a personal loan be used?
A personal loan can be used for home renovations, medical expenses, debt consolidation, vacations, wedding costs, education, vehicle purchase, emergency expenses, or starting a business.
What is the process of personal loan approval?
The personal loan approval process includes application submission, document provision, eligibility and credit checks, loan evaluation, approval, agreement signing, and disbursement. It typically takes a few days, depending on the lender.
How to compare interest loan rate?
To compare loan interest rates, check if the rate is fixed or floating, compare the APR, and ensure the loan amount and term are similar. Consider hidden charges, eligibility criteria, and use online calculators. Also, look for special offers for certain professions or existing customers.
Personal Loan EMI Calculator
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