Personal Loan: If you are in urgent need of money then a personal loan is probably the best option. There are many types of personal loans, although most people are not aware of it. Today we are going to tell you about them :-
wedding loan
- The purpose of this loan is to meet the wedding expenses and help the needy family.
- During the wedding season, the interest rates on this loan are usually higher as compared to the off-season.
home renovation
- If you want to do any renovation work in your house then you can take this loan.
- Not everyone has the money to complete the renovation. In such a situation, this loan can be very useful for you.
vacation loan
- You can take this loan if you want to go somewhere for a holiday and there is no risk on your savings or investments.
- Travel documents to be submitted for availing this loan include airline tickets, hotel reservations, passport or visa information for international travel, etc.
consumer durable
- Consumer durable loans are also available with banks at no cost EMI.
- With the help of this loan, you can buy any consumer durable item. These include phones, refrigerators, furniture, washing machines, microwaves etc.
pension loan
- In the event of a financial emergency, a retirement person can take a loan of at least 7 to 10 times the value of his pension.
- This loan can usually be availed only from the bank where the pensioner gets his pension.
Read also:
Multibagger Stock Tips: This penny stock did amazing, gave 881 percent return to the shareholders in 8 months
Earn money: By investing only 15000 rupees, you can also do this work, in 3 months you will earn 3 lakhs, know how?
,
