The rate of Interest
Travel Loan
These personal loan schemes are for people who love travelling. This loan is called by many names, including Travel Loan, vacation loan, and holiday loan. You can avail this loan to travel around the world, and pay the bills latrine affordable EMIs. You can also get travel insurance as an added benefit with this loan.
Wedding Loan
Weddings in India come with a long list of expenses. It's once in a lifetime experience for everyone and to make it more memorable many people often need financial support. Therefore, many lenders have started providing Personal Loans for Weddings These loans are availed by the would-be brides and grooms or their family members to pay for the wedding related expenses like venue booking, catering, honeymoon vacation, etc.
Festival Loan
These loans are offered for celebrating festivals, parties, and functions. Festival loans help you in preparing for the festivities and hosting parties.
Consumer Durable Loan
As the name suggests, this personal loan variant is availed for the purchase of appliances or consumer durables.
Pension Loan
Pension loans can be availed by retired personnel to fulfil their financial needs like paying medical bills, meeting daily expenses, etc. Under pension loans, banks provide a few times the amount of pension the pensioner has drawn in previous months before submitting the loan application.
Home Renovation Loan
These loans are provided for the purpose of renovation, repair, purchase of new material, and other house-related expenses.
Education Loan
You can use these loans for paying the tuition fees of your child, or any other big academic requirements like going abroad.
Computers and Mobile Phones Loan
Many lenders nowadays are offering computer loans and mobile phone loans for the purchase of computers, laptops, and smartphones. Some lenders even offer insurance with the loan.
