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:19th August, 2025
- Updated:19th August, 2025
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In India, there are many common misconceptions regarding personal loans, many of which can cause uncertainty or hesitancy when thinking about this type of loan.
Read More - Posted:19th August, 2025
- Updated:19th August, 2025
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Your personal information is treated with high importance and care during the personal loan process in India, especially with the introduction of stricter data protection regulations in 2025.
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- Updated:19th August, 2025
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https://www.shriramfinance.in/financial-faqs-loans - 227
Applying for a personal loan jointly with another person—such as a spouse, parent, or close family member—can significantly increase your chances of approval, especially in the current lending climate of June 2025.
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- Updated:19th August, 2025
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Defaulting on personal loan can lead to a series of serious financial, legal, and personal consequences, especially as per the latest guidelines in June 2025.
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- Updated:19th August, 2025
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https://www.shriramfinance.in/financial-faqs-loans - 195
Yes, you can apply for a personal loan even if you already have existing debt, but your eligibility will depend on many important factors that lenders closely examine.
Read More - Posted:19th August, 2025
- Updated:19th August, 2025
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Nationality and residency status are important factors that determine your eligibility for a personal loan in India.
Read More - Posted:19th August, 2025
- Updated:19th August, 2025
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Yes, there are clear age restrictions for personal loan applicants in India, and these are set by lenders to ensure that borrowers are both legally eligible and financially capable of repaying the loan within the chosen tenure.
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