Loan Guidance

In today’s world, women are on par in every workplace, and their prominence has contributed much to the growth of India. Now, they also contribute equally to the family’s income and take care of their family. However, there might be some situations where working women may need urgent funds for medical emergencies, weddings, debt consolidation, etc. In such cases,  Personal Loans for Women  might be the best option as they don’t need any security and can be used for any purpose. Online NBFCs like Clix Capital offer Personal Loans specifically designed for working women to support and empower them in their time of need.  A   Personal Loan for Women   can be taken by visiting the Clix Capital website and filling out an online application. The verification and approval processes are online, saving time and money, usually spent on unnecessary visits to the NBFC’s office.   Eligibility Criteria Citizenship: Indian Age limit: 21-58 years Minimum net monthly income: ₹20,000 Credit score: 630 o

There are several reasons why people take a Personal Loan. As these are unsecured and collateral-free loans, you can avail of them in a quick time. The Personal Loan has no strings attached, which means it can be used for any purpose, from a medical emergency to a wedding, from debt consolidation to a foreign trip. Now you might have a query on  How to get a Personal Loan ?  Lending institutions, NBFCs, and small finance companies usually offer Personal Loans. But the best way to apply and get Personal Loan approved is by approaching an online NBFC like Clix Capital. They offer Personal Loans with a credit score of 630. How to get a Personal Loan Online?  ● Go to the Clix Capital website and register with your mobile number  ● Fill out the online application form with basic information for verification  ● Once approved, you will get the loan offer. ● Accept the loan offer and quickly get the funds credited to your account.

A shortage of funds should not create a problem in your life. You can take an  instant Personal Loan online  that meets your criteria. Personal Loans can be used for medical expenses, weddings, education, travel, and house renovations.  Eligibility and other requirements To apply for a Personal Loan, you have to fulfill the following conditions: ● Your age should be between 21 and 58 years. ● As a salaried professional, you should be employed for at least six months at your current company and have a minimum of 1 year of experience. In addition, the minimum income must be INR 20,000. ● Ensure your minimum credit score is 630. If it is less than this, you can work on improving it by clearing existing debts like credit card bills, etc. ● Any existing loans can lower your eligibility quotient. Thus, it is better to pay off as many existing debts as possible for a better chance of getting a Personal Loan.    Application process For applying for  instant Personal loans online , go to the w

Applicants must provide certain Personal Loan documents to the loan providers to qualify for a loan. Financial institutions request these documents to verify the financial and personal information you have provided while applying for a personal loan. They review them before taking a final decision. While each lending institution has its unique documentation requirements, standard documents required for Personal Loans are as follows: Duly Filled Application Form: Lending institutions have online applications to let people apply. It often requires the applicant to mention personal details like their name, contact details, address, date of birth, etc. Some application forms also require financial and other information, which the applicant must enter accurately. Identity Proof: For obvious reasons, lending institutions want to confirm an applicant's age and citizenship with identity proof like an Aadhaar card and PAN card. Address Proof: Applicants can easily verify their residenti

Getting married but not running short of funds to manage unplanned wedding expenses? Finance the event with a Marriage Loan and get the required money in minutes. Wedding expenses may range from venue booking, decorations and catering to jewellery, gifts, and invites. Personal loan for wedding  have no end-use restrictions, so borrowers can use the loan money the way they want. Those planning a wedding can take an ample loan at competitive interest rates and pay it back in easy EMIs. However, they must provide some documents to prove their Marriage Loan eligibility. Some of them are: Application form with details regarding your identity, employment, income, and loan requirement Passport-size photograph showing the applicant’s current appearance Identity proof, like Aadhaar Card and PAN Card Address proof, like Aadhaar Card, passport, driver’s license, voter ID, etc. Income proof, like the latest salary slip or Form 16 Provide these documents to apply for a Personal Loan for a wedding w

Your wish to expand your business operations to take your organisation to the next level may get delayed due to a lack of funds. An unsecured Business Loan can help you turn your dream into reality and boost your business growth.  Business Loans can be categorized as secured and unsecured.  A secured loan (e.g., a home loan) requires you to pledge an asset of similar or higher value against the loan amount. In comparison, an  unsecured Business Loan  does not require you to pledge any asset and hence gives you more flexibility. Clix Capital offers Business Loans ranging from Rs 5 lakhs to 50 lakhs to help you fund your business growth, aid in its day-to-day functioning or deal with a liquidity crunch.  Business Loan interest rates vary based on the applicant. They are competitive and EMIs can be easily paid when you plan repayment before loan application using a Business Loan EMI calculator. 

Personal Loans are excellent financial products for people in need of instant money. However, it needs thorough research and calculations, which a personal loan EMI calculator instantly simplifies. As its name suggests, the calculator helps determine the EMI amount for different loan terms, amounts, and interest rates, allowing borrowers to select a repayment tenure with budget-friendly EMIs. Wondering how a simple online calculator can help? Let's find out. Calculates EMIs: The first aspect is calculating loan EMIs. Finding each EMI’s value in advance helps understand loan affordability and insights into expense management. Helps decide Loan Tenure: Use a personal loan interest rate calculator to determine a loan tenure that makes it easier for you to understand the total interest you will pay throughout the loan and also figure out the best tenure to make your EMI amount more manageable as per your monthly finances. A higher interest rate increases the EMI amount. So, opting f

Many believe checking their credit score is required only when they apply for a loan or credit card. If you are also one of them, think again. Here are a few reasons to check it regularly. Helps Understand Your Financial Standing: Just like regular health check-ups help keep health in order, checking your credit rating ensures financial well-being. Staying on top of it provides good credit scores for personal loans and other credit products.  Helps Estimate Creditworthiness: An Experian credit score of 630 and above represents good creditworthiness. It signifies financial discipline and responsible credit behaviour. Always check the credit rating to stay alert and take corrective measures whenever it shows a decline. Helps Keep the Credit Report Error-Free: Regular checking helps identify any errors in the credit report and rectify them to boost the score immediately. Although several lending institutions look at the CIBIL score for a personal loan , others ask for the Experian score

When a business owner applies for a Business Loan, NBFCs provide funds so that you can cover your business needs, including costs like equipment, payroll, inventory, cash flow, workplace expansion, marketing expenses, or debt refinancing. Borrowers can choose a short-term or a long-term loan according to their requirements. A long-term loan provides substantial cash that allows for making necessary investments. However, there are pros and cons to consider. Pros of Getting a Long-Term Loan Apply for a Business Loan online for the long-term to avail these benefits: Lower interest rates Easy EMIs Fixed payment terms Lower processing charges Opportunity to build credit Ideal for expanding business However, a long-term Business Loan has the following drawbacks: Lengthy application and approval process More documentation requirements A high credit score required Keeps indebted for longer Consider the pros and cons of long-term Business Loans, and get the needed funds quickly without any hass

Many people want to study abroad but lack resources. A Personal Loan for education helps them achieve their dreams and plan for a successful profession ahead. It is an unsecured loan that covers educational costs with easy application, fast approval, and low loans for education interest rates. Why is a Personal Loan for higher education recommended? Well, there are several reasons for that. Cover All Expenses With One Loan: A Personal Loan for education covers all expenses required to study abroad, including admission tuition, accommodation, books, laptop, travel, visa, health insurance, etc. Flexible Loan Amount and Tenure: Borrowers can choose a loan amount and payback term according to their budget and repayment capacity. Hassle-Free Application: Technologically advanced NBFCs have made loan applications straightforward and fast these days. You can apply for an education loan and get the required funds within a few hours without leaving your abode. Quick Approval: Online NBFCs u

Among several consumer debt products, the demand for Personal Loans is rising. According to RBI data, the outstanding Personal Loan amount stood at ₹35.2 trillion in June 2022, which is 18% more than the previous year’s statistics. However, one thing that most people are concerned about is personal loan interest rates. After all, they make up a large part of the loan’s total cost. While looking for a Personal Loan, you will notice that different lending institutions offer different personal loan interest rates in India . Apart from their internal policies, NBFCs determine interest rates based on several factors, including the applicant’s income, credit rating, financial obligations, repayment history, employment, loan amount, repayment tenure, etc. Maintain a high credit score, reduce the DTI ratio, and borrow less to get the lowest personal loan interest rates . Selecting a shorter loan term also reduces the interest cost, increasing the EMI amount and saving the total payable inte

A Personal Loan for education is an unsecured funding source that helps cover various education-related expenses, including fees, accommodation, travel, visa, equipment, study material, etc. Here are a few tips to boost approval chances for those planning to apply for a loan: Check the lending institution’s eligibility criteria before applying to avoid unnecessary rejection. Calculate the expenses and decide on a reasonable loan amount. Use the NBFC’s Personal Loan eligibility calculator to see how much you can borrow, based on which plan the application form. Maintain an Experian credit score of 630 or above to get fast approval, competitive interest rates, and higher loan amount. Pay off existing loans and credit card bills to reduce the debt-to-income ratio. Avoid credit card usage to reduce the credit utilization rate. Avoid applying for multiple loans, as it reduces your credit score and projects you as a credit-hungry individual. Adding a co-borrower, increasing income, opting f

Transforming your old home into the house of your dreams is a stressful affair that needs a lot of planning and finances. However, through a modern financial tool like a Home Renovation Loan , renovating a home is possible without burning a hole in the pocket. These loans provide funds to homeowners at attractive interest rates, minimal documentation, and flexible repayment tenures. Follow these steps to apply for a home improvement loan: Fill out the application form with details like name, address, contact information, income, qualifications, financial obligations, etc. Provide documents in support of the details provided in the application form. The lending institution examines the details and verifies the documents to make their lending decision. Based on the details provided, the financer approves the loan and offers the applicant a loan amount and Home Renovation Loan interest rate . Once the applicant accepts the loan offer, the finance provider disburses the loan to their a

Personal Loans are collateral-free loans ideal for meeting various immediate funding requirements. They are multi-purpose in nature, and you can use them for any purpose, including a home renovation, wedding, travel, education, medical emergency, and more. Moreover, an Urgent Personal Loan has no end-use restrictions and helps build credit faster. That is why many people look to these funding options in times of financial emergencies. Looking for instant loan approval to offset a financial crisis? Here are a few tips that help: Apply Online: Many financial institutions support 100% online loan procedures that accelerate approval. Maintain a Decent Credit Score: Individuals with a decent credit score (for example – an Experian credit score of 630) get easier and faster approval without hassle. Keep Documents in Order: Although technologically advanced NBFCs have minimal documentation requirements, keep the necessary documents to streamline the process. An urgent Personal Loan is an