Companies that offer personal loan in India

All over the world personal loans are one of the main source of finance that is available to people.

People all over the world need a personal loan for their financial needs. Lets face it in today's times when finance is a major concern for people all over the world; people do want to know how they can get themselves a personal loan. Though such information is not classified finding the right information is not as easy as it is thought to be. But the good news is that Ekikrat, an initiative to bring together a world of information right at the click of a button for people in India is changing all of that.

What is Ekikrat is looking to change is not only access to free resourceful information but also how information is made available on the internet and how people can benefit from the same. Usually people will visit a few banks to gather information about what services each bank as to offer in terms of personal loans. But when you can read all information about personal loans products offered by a number of different banks right on your PC it means you have access to authentic information. You can read all of that information and then short list the banks that you think will be helpful in your search for a personal loan.

In India banks such as Axis Bank, ICICI Bank, HDFC Bank and SBI offer personal loan. You can read about IDBI personal loan and compare their personal loan product offers with that of other banks and then arrive at a decision as to which one you find the most attractive in terms of policy matter, interest rates, eligibility, EMI etc.

Banks have different eligibility criteria for salaried people and those people who are self employed, similarly there are special offers for government employees. The time taken for processing of a personal loan is usually 7 working days but it could take longer if your documents are incomplete or for other reasons as stated by the bank you are dealing with.

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