Personal Loans or Signature Loans are designed to meet the immediate financial needs of an individual. It is an unsecured loan that means the lender does not require any collateral against the loan. As it is an unsecured loan, the ROI and risk factor is high as compared to a secured loan. Important Points to Remember: The approval of your loan application depends on various factors such as: It is granted to an individual having a fixed salary or income i.e. it requires financial stability It is a fixed loan…
Read MoreWhich are the best Banks for Personal loans in India?
