Personal Loan in Pune

Top 7 Reasons to Fund Your Expenses with an Unsecured Personal Loan

Personal Loans

Pune is a thriving city known as the IT hub of India. When it’s time to meet your planned or unplanned expenses, you require money to fund them without digging into your savings. This is where an unsecured personal loan comes to your support. 

Without any end-use restrictions, you may use an unsecured personal loan in Pune the way you like to fund your expenses. These are the top 7 reasons that make an unsecured personal loan worth it:

  • No Collateral Requirement: What makes these loans a favourite among Pune people is their unsecured nature. You may avail of them without any collateral, security, or guarantor.
  • Competitive Interest Rates: Personal loans have lower interest rates than credit cards and other loan options.
  • Online Application Process: Most NBFCs have websites and apps through which you can apply for an unsecured personal loan online without leaving your house.
  • Easy Eligibility Criteria: When you conduct a personal loan eligibility check, you will find that the eligibility conditions are pretty simple, which include your age, income, and employment.
  • Minimal Documentation: NBFCs require minimal documentation, including your address, identity, and income proof.
  • 100% Paperless Loan Procedure: You may upload scanned copies of your documents to avail of a personal loan in Pune. Therefore, the procedure is 100% paperless.
  • Flexible Repayment: NBFCs offer flexible repayment terms that you may choose according to your monthly budget. 

Before applying for a personal loan, conduct a personal loan eligibility check and compare the lender’s terms and conditions to make an informed decision. If you are confident about repayment, applying for a personal loan makes sense.

Additional Read: What Is A Better Way To Apply For Loan, Online Or In-person?

Thinking of Availing a Personal Loan in Pune?

With the ongoing rise in expenses that come with living in a city like Pune, personal loans have become a popular type of credit line these days. One of the important reasons personal loans are becoming so popular is the degree of flexibility one gets in using these funds.

If you need a personal loan in Pune to seek opportunities that will fulfill your dreams, you can easily avail of a hassle-free personal loan instantly with Fullerton India, which requires minimal documentation.

Benefits of Personal Loans

A personal loan can help you cover all your expenses. This is termed ‘unsecured’ as it does not require any collateral to secure it. Some of the benefits of these types of loans are –

  • You do not need a guarantor or collateral.
  • Fast approval process.
  • The interest rate is much lower than that of credit cards.

Personal Loan Eligibility Check

  • The applicant should be a resident of India.
  • The person should be self-employed and between the age group of 21-65 years.
  • The minimum salary required with which one can apply for a personal loan is Rs. 20,000, with a year of work experience.

Whether you need a loan to make a down payment for a new car or a medical emergency – you can instantly avail of a personal loan through Fullerton India by going through the personal loan eligibility check online. You can also apply offline by visiting your nearest Fullerton India Branch and getting your loan processed at the branch directly.

Must Read: PERSONAL LOAN:5 IMPORTANT FACTORS TO CONSIDER WHILE CHOOSING THE RIGHT PERSONAL LOAN