INSURANCE

Most lenders specify the eligibility criteria that you will need to meet for your loan application to be approved on their respective websites. You can also use the personal loan eligibility calculator tool, which you will find on the websites of banks and financial institutions and on third-party financial services websites like Soulartsoffinance.com,you need to fill the form and the executive will get in touch with you very soon.

Almost all banks/financial institutions allow borrowers to choose a loan tenure between 1 year and 5 years, based on their convenience.

For pre-approved customer, the loan amount will be disbursed to your account quickly. It may take 48 working hours . If you are applying through offline channels, you will need to submit the required documents and wait for your loan request to be approved, post which you will receive the loan amount. If you apply through third-party financial services websites like Soulartsoffinance.com, your loan amount will be disbursed in a timely manner once your application is approved.

As mentioned earlier, it is important to do your research before applying for a personal loan. It is advisable to use a third-party aggregator website like BankBazaar.com to compare loans offered by different banks and financial institutions. You can, thus, check and compare the interest rate charged, processing fee charged, loan amount offered, etc., by different lenders and make a decision accordingly.