CITI Bank Personal Loan Details

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Citi Bank Personal Services are considered one of the best personal loan services around INDIA. By the help of CITI BANK PERSONAL LOAN you can complete your personal requirements (wedding, education, medical, holiday, home renovation etc). Citi Bank gives you personal loan at lowest interest rate. It takes minimum documentation and 48 hours to approve the loan. What is the point of personal loan if you don’t get it in time

All about CIBIL Score

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CIBIL (Credit Information Bureau India Limited) is India’s one of the oldest and most reliable and trustable Credits Information Company (CIC) which provides all credit-related services to its members all over India. CIBIL started to provide its service since 2000. CIBIL Score or credit score is numerical expression represents a level analysis of a person’s loan repayment history. CIBIL SCORE/ CREDIT SCORE is a three digit number ranges from 300 to 900. 300 are the lowest CREDIT SCORE and 900 are the highest CREDIT SCORE it represents the more financially trustworthy a person is. Lenders such as Banks, NBFCs, Credit Card companies, use credit score to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. Lenders use CREDIT SCORE to take decision who qualifies for a loan, at what interest rate, and what credit limits.

Bank of India Personal Loan Details

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Personal Loan is a kind of loan where you can take a loan without mortgaging anything to full feel your own personal needs (wedding, vacation, and education, medical). The best thing about a personal loan if you don’t have to disclose the reason for taking it. This loan is given by the bank basing the monthly income of the applicant. Bank doesn’t need so many documents to give you this loan.

Interest Rate of All Bank’s Personal Loan 2019

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It’s an unsecured loan taken by individuals to full feel his/her personal needs(vacation, education, medical, repair, purchase ) from a bank or financial company. The repayment time of this loan is 2 to 6 years. From the age group of 21 to 60 years people, People who are working from last 2 years and have a great CIBIL score (minimum 650) can get that loan. As it is an unsecured loan we mentioned before, consumers who don’t qualify mentioned verifications can’t get the personal loan. They offered secured loan by the bank. The interest rate is from 10% to 36%.

Important points about flexi loan

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Flexi loan is a new age loan that efficiently caters to the immediate financial requirement of customers.Financial products is not an exception for this. Simply put, a flexi loan is an overdraft facility offered by banks or NBFCs to its loyal customers. It is a pre-approved cash limit that can be withdrawn whenever the customer is in need. Many leading lenders like ICICI Bank and Bajaj Finserv offer this loan product to their trusted customers.

ALL about Indusind Bank Credit Card

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IndusInd Bank was established by S.P Hinduja on 1994 at Mumbai. IndusInd Bank has started with the capital of 1Billion. The 60% of this amount was raised by the Indian residents and the other 40% was raised by non resident Indians. IndusInd Bank is a new generation bank so this bank uses the most updated technologies to secure their customers. The name of IndusInd Bank has inspired from Indus Valley Civilization. IndusInd Bank has 1,004 branches and they also have 1885 ATM brunches across the country. IndusInd Bank offers variety of credit cards to fulfill the requirements of their customers. With the help of IndusInd Bank Credit Card you can complete your luxury and also your need. The interest rate they charges for their credit card is so low and also with the help of IndusInd Bank Credit Card you can improve your Credit Score which is very helpful.