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Personal Loan
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When is it a good idea to apply for a Personal Loan?

If you’re looking for an unsecured loan to meet several financial obligations, a personal loan is ideal. The loan approval process is also simple and hassle-free. Take a look at some uses of a personal loan:

Wedding: Don’t empty your savings account during your marriage preparations. Fund your wedding outfits, venue, caterers, guest accommodation and more with the help of a personal loan.

Home renovation: Give your house a new look, pay for maintenance and other renovation work with a personal loan.

Medical emergency: If you do not have a health insurance then a personal loan can come in handy during a medical emergency.

Debt consolidation: Combine all your debts with the help of a personal loan for debt consolidation and manage your EMIs more efficiently.

Travel: Fulfil your travel wish list without burning a hole in your pocket with the help of a personal loan for travel.

Higher education: A personal loan for education can be used to pay for multiple things like your tuition fees, travel costs, accommodation, living expenses and more.

Additional Reads:
How do lenders decide Personal Loan eligibility?
How do you check CIBIL score?
How is interest calculated on Personal Loan?
How to calculate your Personal Loan EMI using calculator?

Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?