Personal Loan

.

Allahabad HC asked SBI to refund ₹17.29 lakh deducted from a widow's account to recover her deceased husband's loan, saying the bank was prima facie not entitled to recover it from insurance proceeds

.

A personal loan can come in handy when you need quick liquidity, but tends to carry higher interest rates

Banks and fintechs are increasingly offering instant credit options such as personal loans and overdraft (OD) facilities through digital platforms.

Financial products must be used in a disciplined way as they weigh on credit score and loan eligibility

.

.

.

Learn how to calculate your personal loan installments based on interest rate, loan amount and tenure. Simple steps and examples to help plan your repayments effectively.

Credit offtake strengthened on broad-based demand led by personal loans, MSME borrowing and services sector growth, while gold loans surged 127.6% amid reporting norm changes

Learn smart ways to use a personal loan during emergencies, ensuring financial stability while meeting urgent needs.

You save on interest costs, particularly if you make early repayments in the loan cycle when interest forms a large portion of the EMI

Open to buy loan pools that meet risk-adjusted return norms

Banks experienced a 21 per cent drop in the volume of personal loans sanctioned, accompanied by a 30 per cent decline in loan value year-on-year, according to a new report

On a year-on-year (YoY) basis, fintech personal loan sanction values grew 10 per cent to Rs 24,847 crore in Q2FY25, compared to Rs 22,439 crore in Q2FY24

The digital tool aids in budgeting, and provides flexibility by allowing users to experiment with different loan tenures

Switching jobs means not having required number of salary slips or bank statements to verify your income, which can delay the approval process

Check out Paisabazaar.com's selected personal loan options from various banks and NBFCs

This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years