Personal Loan

04/03/2015

Genuine Personal Loan Referral Program

02/02/2015

Transfer your existing personal loan to Axis bank at 13.25% rate for more than 75k Net take home!!!

31/07/2014

CITI Baks offers 12.99% rate for personal loan for Gross Sal above 12 lacs. No processing fee, No pre closure charges

22/07/2014

13.5% RATE FOR WIPRO EMPLOYEES. CONTACT 9901845472

We help clients realize their boldest ambitions and build -ready, businesses thro

20/02/2014

ew Personal Loan Get a custom quote for your personal loan We'll help you in reducing your current EMI through balance transfers We'll explain all the possible solutions� We'll help you to arrange loan from multiple banks.

15/01/2014

15/01/2014

CONTACT DISHA @9901845472

NEW YEAR OFFER FROM CITI BANK: 13% for 1.5 yrs and 13.5 for 2 yrs!.
18 month tenor cases:
Loan Amount greater than 5 Lacs : 12.5 + 0 + 0
Loan Amount less than or equal to 5 Lacs : 13.0 + 0 + 0

05/06/2013

Reduce YOUR PERSONAL LOAN EMI !!!!!!!

HDFC has introduced limited period offer where you can transfer your existing personal loan with any bank to HDFC at 2% lower rate than the existing rate.
Rate offered is as low as 12.99%.

To understand your savings please contact Disha, Business Partner, 7 banks. Highest excellent ratings on justdial 9901845472

http://www.justdial.com/Bangalore/Disha-%3Cnear%3E-Electronic-City/080PXX80-XX80-121010122245-U3E9_BZDET

11/01/2013

Personal Loan for Non Listed Company Employees....

Have you been denied personal loan saying that you company is not listed with the banks?? Your company might not be big enough in terms of market share and financials that it get listed with the banks.

But, even non listed company employees can get loans from the banks because there are couple of banks funding non listed company employees also.

For example, HDFC can fund to a non listed company employee if company has head quarters outside India

Standard Chartered is the leader bank in funding non listed company employees. Bank demands minimum 50000 gross salary.

ICICI also has started funding open market company employees who have 40000 gross and above salary.

Citi bank funds non listed company which have corporate salary account with CITI bank.

So, don't get disappointed when you get to know that your company is not listed and you can not get a personal loan. Check above mentioned banks once.

06/01/2013

ICICI Bank declares Zero Foreclosure charges for personal loan:

This will be valid in case of foreclosures after 12 months of disbursement date. No foreclosure will be approved 50k p.m.

03/01/2013

Personal loans are easy to get, but come at a high cost

"You should not go for it until and unless you really need the money and no other type of loan is available. Such loans are very expensive and can increase your liability manifold," advises VN Kulkarni, chief counsellor with the Bank of India-backed Abhay Credit Counselling Centre.

Only for emergencies

You don't have to provide collateral or find guarantors, you need not specify the purpose and the approval process is hassle-free. But, this convenience comes at a high cost.

On personal loans, interest rates could in the range of 15-25%, while they could be as high as 30-49% in case of credit cards. Financial advisors cite many instances where credit card holders have been shocked to know much later that they have been paying interest of close to 40% on their credit card outstanding. That is why it is essential that you should avail of such loans only in times of crises.

"For instance, arranging funds for paying hospital bills at a short notice. Or, in case of a one-off event or need like wedding or education expenses," says Satish Mehta, founder and director with credit counselling firm Credexpert. However, you should opt for such unsecured loans only after exhausting all other options.

Do not borrow to consume

"You should not use personal loans to buy a new product. 'I really need to pay this back' will be the constant nagging thought in your mind, given the high interest rates," says Mehta.

What is the point of buying an expensive gadget or music collection if you can't enjoy them without worrying? With credit cards, it could be a slightly different case as you will need the cards to use them at shopping malls, restaurants or online ticketing and shopping portals.

"Treat them merely as spending tools. Buy consumer goods using credit cards only if you have funds available in your bank account to pay off the credit card bills within the no-interest period," says Omkar

Since lenders do not insist on security before granting such credit facilities, some people tend to think they have nothing to lose even if they default on these loans. The attitude, however, can cause huge collateral damage.

Banks and other lending institutions report your repayment track record to credit information companies like CIBIL, Experian and Equifax. The credit bureaus, in turn, maintain the records and also share it amongst member lending institutions.

So, any defaults or missed EMI today could come to haunt you a few years later when you desperately need a home or education loan.

19/12/2012

How To Select The Best Personal Loan

Interest Rate
Like in all other loans, the component that bothers one most in a personal loan is the interest rate. Personal loans are known for their high interest rates, falling in the range of 14% to 25% per annum. So it goes without saying that the lower the interest rate, the better it is for you.
You can choose from among three types of rates – Fixed, Floating and Flat. Of these, flat rate can prove costly in the long run as your EMI remains the same over the entire life of the loan. Reducing balance method is used to calculate other two rates. In this method, interest is computed only on the outstanding loan amount.
Take into account different rates offered by different lenders. The lending institutions also differ in terms and conditions, so if you read the fine print carefully and compare the rates you can save 0.5-1 per cent in interest. Good rapport with a bank and good credit history can further lower your interest rates.
Personal Loan: Apply for Personal loan

Loan Amount
A lower loan amount means smaller loan tenure and lower EMIs. The loan amount sanctioned to you depends upon your repayment capacity, thus it is important for you to first calculate EMIs you can afford to pay every month. This in turn means you should go for lowest EMIs. Keeping loan amount low minimises the risk of defaulting on your monthly repayments.

Repayment Period
Generally, personal loans are offered for 1 year to 5 years. But there are some lending institutions that stretch this period to up to 7 years. So if your loan amount is big, it will be ideal for you to go for a longer tenure. With a longer duration, your EMIs will get spread over a longer length, thus reducing your monthly outgo. But it has a flip side – Opting for a longer loan terms lowers your EMIs instantly but turns out to be expensive in the long run.

Fees/Charges
While selecting a personal loan, scrutinize all the other charges and costs associated with the loan. There are various charges like processing fees, prepayment charges, late payment charges, service tax that should be worked out before finalising the loan. If possible look for a loan with zero processing fees and zero prepayment charges. If that is not available, bargain hard to get a lower cost from a lender. Remember, despite a low interest rate your overall cost can be raised due to high charges.