There are various types of loans that cater to the different requirements of a person. There are various people who do not possess any collateral and therefore does not get qualified for secured loans. For such people, a loan scheme has been designed that does not require any asset to pledge. This loan is known as -Personal Loan-. It is a convenient option for the people who do not want to risk their valuable assets.
A Personal Loan is tailored to meet the personal requirements of the people. It is an all purpose loan that can be availed to meet a variety of personal works. Usually a person applies for this loan for the following purposes:
Going for an expensive and luxurious occasion.
Wedding in the family.
Paying medical bills or electricity bills.
Purchasing a new vehicle.
Home renovations or improvements.
Expanding the existing business and many more.
There are many financial firms that offer personal loan to the people at an attractive rate of interest. The major banks in India that provide unsecured loan are HDFC, SBI, PNB, Fullerton, Citibank and so on. So, there are various options that come up to a person. The person should have a good plan to get the best Loan in the market. One should check and compare the various deals and make a wise decision.
As a personal loan is unsecured in nature, the lender has nothing to authenticate in case of non repayment of the loan. Therefore, it is offered at a high rate of interest as compared to secured loans. In case, the person does not refund the loan in time the lender can easily avail the money through interest rates. But, it is a better opportunity for the people who are unable to provide collateral.
The basic requirements to apply for a personal loan are income and credit score of the person. The loan is sanctioned on the basis of the repayment capability of the person. A person with poor credit and low income cannot apply for this loan. The minimum credit rating required to avail this loan is 650. The tenure of the loan ranges from 5 to 10 years. This tenure can be extended by some lenders in case of a big loan amount. The person should always go through the details of the loan before applying for it. This is because it is the person who has to pay the loan in the future.
People in India often have sudden urgency of money for
different purposes such as marriages, child education, and treatment for
critical illness or accidents. There are many government and private
banks of International reputation operating in India having branches in
different parts. However, people do not know how to get financial help
from them. Banks offer different type of loans. People do not know which
type of loan is best suitable for them. What is the documentation
procedure? How loans can be approved in least time?
Loan4India is here to answer all your queries and
help in getting loans quickly for any purpose. Besides this we extend
our assistance for different financial products and services. A team of
financial experts help you in investing in different schemes that can
offer you high returns of your money. Insurance advisors help you in
selecting a suitable insurance plan according to your purpose and
expectations. Loan4India.com is also helpful for people who want to
purchase, sell or rent any commercial property or residential property
anywhere in India. Expert tax consultants working with us assess annual
tax and monthly tax according to latest tax slab for individuals and
companies. They also provide tax saving tips, guide you on tax exemption
and tax rebate schemes.
On this website, you will find useful
information regarding all kinds of loans, insurance plans, investments,
tax planning and real estate investment. The benefit is that you do not
have to go to different websites or companies to resolve your queries on
different topics related with finance and investment. You can do all
comparisons at one place.
You can contact us through phone, e-mail or chat for any query. We are
not associated with any bank, Insurance Company or any other financial
organization. Our aim is to provide detailed information on different
kinds of financial schemes and help people in selecting schemes, making
documentation procedure easier and least time taking.
A- Fill the the some details about your income and loan requirement.
B- Select bank name which you want to compare your loan rate of interest and fees
C- Select best option which have given by bank and lenders.
State Bank of India said it will extend its 8 % concessional home loan scheme, popularly called teaser rates, by another 3 months till December. “We will extend it(concessional home loan scheme) till December,” SBI Chairman O P Bhatt told reporters on the sidelines of an event to launch Para Military Salary Package here. The popular home loan and car loan scheme by SBI was due to expire on September 30. Bhatt’s comments came close on the heels of HDFC relaunching its teaser rates and its chairman Deepak Parekh’s announcement that the schemes were going to stay permanently. For the first year, SBI home loan is offered at 8 % interest rate and at 9 % for the second and the third year. From the fourth year onwards, home loans up to Rs 50 lakh attract 9.25 % interest while higher loans carry 9.75 % interest rate. At present, the scheme carries 10 % interest rate from the fourth year onwards. SBI Car loan is also available at 10 % concessional rate. SBI had last extended the special scheme till September 30 from June 30, 2010, owing to a huge demand from its customers. The scheme was originally supposed to end by April 30, 2010. Meanwhile, SBI launched specially designed products and services for the Central Para Military Forces Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB), Border Security Force (BSF), National Security Guards (NSG), Indo Tibetan Border Police (ITBP) and the Central Industrial Security Force (CISF). A number of concessions in interest rates on loans and waivers in service charges are extended to account holders, he said. Other features, which form the Para Military Salary Package include waiver of service charges for non-maintenance of minimum balances in salary accounts, free drafts, free cheque books, free remittances within the bank and other benefits, he said. Last year, SBI had designed special packages for the Armed Forces–Defence Salary Packages for the Army, Navy and Air Force–through which the bank garnered about 13,00,000 accounts
Grab the best gold loans in India within 24 hours with ease. Yes, it is feasible now to avail the low interest gold finance from any of the loan providing companies in India. Besides it, you are also getting privilege to grab loan against gold from any of the Indian banks.
Gold is a precious metal which is in high demand these days. Most of the people like to use gold in the form jewelries or other gold items. But the market value of this metal is touching the sky day by day. However, it is going to be very difficult for a common person to purchase the costly gold jewelries or other items under the limited salary. In this condition, you may have to apply for gold loan from any of the loan providing companies in India. If you are seeking for the best gold finance providing company, you need to rush to any of the Indian banks which are offering loans at low rate of interest.
India is a hub of varied loan providing companies which have offered you finance at the low rate of interest. Some of the highly acclaimed gold finance providing firms are Kosamattam finance (P) Ltd, Manappuram finance, Muthoot finance Ltd etc. All these banks have come with the profitable loan plans for all finance seekers. However, it is convenient to apply for gold loans in india from any of the popular finance providing company with ease. The loan amount can be sanctioned in your banks account as soon as possible after applying.
The latest loan offer is loan against gold plan. Under this plan, you can easily avail the finance against your gold jewelries or other items. However, the borrower has privilege to grab the cash against the gold in short span of time. You need to apply for the loan and lender will transfer the amount in your banks account within 24 hours. However, the borrower can easily manage to gain the worth of gold stored in the banks lockers or home.
Overseas loan seekers can have privilege to apply for gold loan through the website of Indian banks. You just need to fill the form online and cash will be transferred in your banks account as soon as possible. However, this kind of online service is beneficial for all finance consumers and also save time and money. You can also compare the best loan plans on the website of Indian banks. On the website of Indian banks, you can also grab the information about varied types of loans like home loan, personal loans, credit card loan, education loan etc. These types of finances are also available at the low rate of interest from India banks. You can apply for any kind of finance through the website of Indian banks.
Go for the best gold loan plan of India banks and accomplish the dream to purchase the costly gold jewelries or other gold items with ease.
Payday loan, credit refinance, mortgage, real estate, and other related websites and blogs are hard to promote because of the very tight competition. This high paying niche is a favorite of everyone who is making money online through blogging adsense and even in CPA (Cost per action) programs. It is very easy to create a payday loan website but I can assure you that the promotion is really hard if you have no budget to compete with PPC (pay per click advertising).
But for some people like me who have been in web promotion for several years, promoting such websites is not a big deal. There are a lot of ways promoting your payday loan blog or credit repair business for free. Especially if you have time to do it with yourself, the result will be more exciting.
Joining in payday loan forums, credit repair online communities, mortgage forums, and other finance forums is the first step. There are a lot of highly-populated loan forums where you can introduce your blog or website for free. But of course you must follow the particular forums rules before jumping into posting that may lead you to having banned due to spamming.
Posting in related forums results not only backlinks but immediate traffic. A lot of borrowers and people who have bad credits are looking for some advice in forums. You can post your site in your signatures or you can post the link directly if a member is asking for a specific question and you think your blog or website can answer.
If have no time to do it, instead of paying for an expensive PPC, I would better suggest you to hire a freelancer from India or from Philippines and have him post your link in forums where you want your ad to appear. Indians and Filipinos are hardworking people and you can expect cheaper service with high quality output.