How to Compare and Apply for a Personal Loan Calculator?
The requirement for a personal loan can arise anytime. A personal loan can be used for expenses on education, wedding, house renovations, medical emergencies, etc.
Before you choose and apply for a personal loan, you should compare your options.
When looking for a personal loan, remember to check the following:
● Check the loan amount offered by the lending institution.
● Check the repayment term of the lending institution
● Check the approval and disbursal process
Most importantly, check the credit score and minimum salary requirements of different lending institutions before finalising and applying for a personal loan. For example – Clix Capital can consider a credit score of 630, while some other NBFCs ask for more than 700. You can also use the personal loan calculator to check the EMI per the interest rate and the amount you wish to apply for.
To apply online, you can go to their website, register with your mobile number, provide some personal and professional details for verification and get instant approval and quick disbursal of the loan amount into your account.