Loans FAQs
Explore various loan options with our detailed FAQs. Access clear, concise information to choose the most suitable financing solutions for your needs.
- Posted:30th May, 2025
- Updated:30th May, 2025
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Closing a personal loan account is a straightforward process, but it requires following specific steps to ensure a smooth and hassle-free closure.
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Yes, some lenders may accept investments or savings as collateral for personal loans.
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Financial institutions may offer options to change your Equated Monthly Instalment (EMI) amount during the loan tenure.
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Secured personal loans are a type of financing option offered by lending institutions, where borrowers are required to provide collateral as security against the loan.
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Missing a personal loan Equated Monthly Instalment (EMI) payment can have several repercussions.
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Personal loan prepayment might involve charges, depending on your financial institution's policies.
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Prepayment of personal loans before the end of the tenure is generally allowed by financial institutions.
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