November 23, 2024 07:08 (IST)
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Tips to Get a Low Interest Personal Loan in India

The popularity of personal loans has been changing the scenario of the Indian lending market. As per stats released by the Reserve Bank of India, personal loans accounted for as much as 96% of non-food credits in the year 2018.

Make Sure You are Eligible for Personal Loan in 2020 with these Tips

For a common person in India who is salaried, lives in an urban area on rent, it is hard to get a loan without any credit. Especially in situations where the money is required to meet any personal need or an emergency, a common man is not expected to get the loan from banks or financial institutions without any collateral. However, with the popularity of personal loans increasing each day, this fact is quickly turning into a myth.