|Processing cost||as much as 1.5% for the loan quantity|
|Prepayment fees||may vary from lender to lender|
Eligibility: You have to be at the least 18 years old to try to get such loans.
The papers you’ll want to offer can include:
- Household proof
- Age evidence
- ID card
- PAN card
Facts to consider
Before you apply for a unsecured loan, here are some things you will need to bear in mind:
- The advertised rate of interest may vary through the final price provided and it is during the single discernment associated with the bank.
- Defaulting on such loans may end up in high charges that are penal.
- Determine the EMI through an internet EMI calculator to learn the month-to-month instalment quantity.
- Make certain you have sufficient funds which will make prompt repayments. Read more