Personal loan is a short to medium term unsecured loan granted to salaried
individual based on certain factors like CIBIL score, monthly salary, repayment capacity, employment history etc.
You can apply for personal loan online and get money between till Rs.10,00,000 in short duration with minimal documentation. The tenure of loan is between 1 year and 5 years.
Personal loan is taken for expenses such as marriage, planning for vacation, medical emergency, renovating your home,shopping for appliance like fridge TV etc.