top of page
Personal Loan
Explore our personal loan category for expert insights and tips. Whether you need funds for a major expense or want to consolidate debt, our resources will guide you through the loan process. Discover eligibility criteria, interest rates, and repayment options to make informed decisions. Take control of your financial journey with our expert advice on personal loans.
Personal Loan Eligibility: Who Can Apply in India?
Understand who can apply for a personal loan in India, what lenders may assess, which documents you may need and how to prepare before submitting an application.
Pravin Ghadge
7 days ago7 min read
Personal Loan Cost Beyond Interest Rate: Processing Fees, Foreclosure and Other Charges
The interest rate is only one part of a personal loan’s cost. Learn how processing fees, GST, foreclosure charges and other fees affect your total borrowing cost.
Pravin Ghadge
Oct 1610 min read
Fixed vs Floating Interest Rate: Which Loan Structure Should You Choose?
Choosing between fixed and floating interest rates involves more than comparing EMIs. Understand rate predictability, potential rate changes, loan costs and the key terms to review before choosing a loan structure.
Pravin Ghadge
Oct 149 min read
RBI Repo Rate Changes and Loans: What Borrowers Should Understand About Floating-Rate Loans
RBI repo-rate changes can affect floating-rate loans, but the impact depends on the benchmark, lender spread, reset cycle and loan terms. Learn what borrowers should check before making a borrowing or refinancing decision.
Pravin Ghadge
Oct 912 min read
How to Choose the Right Loan Consultant in Mumbai, Navi Mumbai and Thane
Choosing a loan consultant is about more than finding someone who promises approval. Learn how to evaluate a loan consultant in Mumbai, Navi Mumbai and Thane based on lender relationships, fees, documentation, communication and responsible loan-processing practices.
Pravin Ghadge
Oct 714 min read
How to Improve Your CIBIL Score Before Applying for a Loan
Learn how to improve your CIBIL Score before applying for a loan. Understand payment history, credit utilisation, credit enquiries, report errors and practical steps to strengthen your credit profile.
Pravin Ghadge
Sep 2213 min read
CIBIL Score Explained: What It Means and How It Affects Your Loan Approval
Your CIBIL Score is an important part of your credit profile, but it does not guarantee loan approval. Learn how CIBIL works, what affects your score and how lenders evaluate your overall profile.
Pravin Ghadge
Sep 2114 min read
How Many Personal Loan Applications Should You Make? Does Multiple Loan Enquiry Hurt CIBIL?
Applying for multiple personal loans can create multiple credit enquiries. Learn how loan enquiries may affect your CIBIL Score, why there is no universal safe number of applications, and how to compare lenders before applying.
Pravin Ghadge
Sep 2010 min read
Can I Get a Personal Loan If I Already Have Existing EMIs?
Already paying EMIs and need another personal loan? Learn how existing obligations, income, CIBIL Score, repayment capacity and lender policy can affect your eligibility.
Pravin Ghadge
Sep 1913 min read
Personal Loan Top-Up: Who Can Get It and When Is It Useful?
A Personal Loan Top-Up can provide additional funds to existing borrowers, but eligibility and cost depend on the lender and borrower profile. Learn who may qualify, when a top-up can be useful, what it costs and what to check before accepting one.
Pravin Ghadge
Sep 1813 min read
Personal Loan Balance Transfer: When Does It Actually Make Sense?
Personal Loan Balance Transfer can reduce borrowing costs, but only when the potential savings outweigh transfer charges and other costs. Learn when transferring your loan actually makes financial sense.
Pravin Ghadge
Sep 1712 min read
Personal Loan vs Credit Card EMI: Which Is Better?
Personal Loan vs Credit Card EMI explained. Compare interest, fees, tenure, credit-limit impact, total repayment cost and flexibility before choosing the right borrowing option.
Pravin Ghadge
Sep 1611 min read
Personal Loan EMI: How Is Your Monthly EMI Calculated?
Learn how personal loan EMI is calculated using the loan amount, interest rate and tenure, with practical examples showing monthly EMI, principal, interest and total repayment.
Pravin Ghadge
Sep 1511 min read
Personal Loan Interest Rates in India: What Determines Your Rate?
Learn what determines personal loan interest rates in India, including credit profile, income, existing EMIs, lender policy, loan tenure, market conditions and other factors that can influence the rate offered to you.
Pravin Ghadge
Sep 1411 min read
How to Improve Personal Loan Eligibility Before Applying
Learn how to improve personal loan eligibility before applying by checking your CIBIL report, managing existing EMIs, controlling credit utilisation, preparing documents and choosing a lender that fits your financial profile.
Pravin Ghadge
Sep 1310 min read
Why Is My Personal Loan Application Rejected? 15 Common Reasons
Personal loan rejected? Learn the 15 common reasons why applications are declined, including low CIBIL Score, high existing EMIs, income or employment concerns, documentation issues, credit-report discrepancies and lender-specific eligibility criteria.
Pravin Ghadge
Sep 1211 min read
Documents Required for a Personal Loan: Complete Checklist
Learn which documents are commonly required for a personal loan in India, including KYC, income proof, bank statements and additional documents for salaried and self-employed applicants.
Pravin Ghadge
Sep 1110 min read
What CIBIL Score Is Required for a Personal Loan?
What CIBIL Score is needed for a personal loan? Learn why 750+ is a useful benchmark and how income, EMIs, credit history and lender policy also affect approval.
Pravin Ghadge
Sep 1010 min read
How Much Personal Loan Can I Get on My Salary?
Find out how salary, existing EMIs, CIBIL Score, employment and repayment capacity can affect the personal loan amount you may be eligible for.
Pravin Ghadge
Sep 913 min read
Personal Loan Eligibility: How Banks Decide How Much You Can Borrow
Understand how banks and NBFCs assess personal loan eligibility using income, existing EMIs, CIBIL Score, employment, repayment capacity and other factors.
Pravin Ghadge
Sep 814 min read
bottom of page