Knowledge Center - Personal Loan

Vinayaka Chaturthi, also commonly known as Ganesh Chaturthi, is a cherished festival across…

Pre-wedding photography has become an essential part of modern wedding preparations. This cosy…

Life is a continuous journey of growth and self-improvement. As we navigate our personal and…

Disneyland, the magical world created by Walt Disney, enchants everyone young and old. If you…

While pursuing higher studies can open doors to greater career prospects, it comes with several…

If you are a beach lover with an adventurous spirit, the beautiful beaches of Goa should be next…

From a considerable medical bill to a chance to study abroad situations where you need…

Life is full of surprises—sometimes unwelcome ones like unexpected expenses or a cash crunch. If…

Introduction--> Paperless personal loans provide the convenience of applying for a…

Introduction--> Whether it's a medical emergency, home repairs, or an unexpected…

With Raksha Bandhan just around the corner, it can be challenging to find unique Rakhi gift…

Introduction Managing multiple debts at the same time can be challenging and stressful…

As we celebrate the spirit of Independence Day, it is important to also focus on breaking free…

A promissory note is an agreement between two parties in which one party promises to pay the…

Taking out a loan comes with a commitment to repay the borrowed amount according to the…

Have you ever wondered how lending institutions approve or reject loan applications? While there…

Ever faced an expense or purchase that exceeds your immediate funds? Instead of risking…

A small personal loan is an unsecured loan provided for a short term to cover urgent personal…

When considering borrowing options, one of the main considerations for the applicants is the…

Planning a last-minute summer vacation? With summer being the peak travel season for Indian…

Whether you require funds to fuel business growth or cover unexpected expenses like machinery…

The Unique Identification Authority of India (UIDAI) started issuing Aadhaar cards in 2009. This…

The debt-to-income ratio (DTI) is a financial measure used to assess an individual's monthly…

Studying abroad has become a top choice for many students due to several reasons. Apart from…

A personal loan can help you cover an unexpected medical bill, home repairs, credit card payment…

Whether a debt is ‘good’ or ‘bad’ depends on how it is used or managed. If a debt adds to your…

In the journey towards financial stability and freedom, understanding and effectively managing…

In a bid to earn more money, thoughts of managing it can often take a back seat. However, money…

Does taking out a personal loan hurt your credit score? Or will a personal loan quickly fix your…

Debt consolidation involves combining multiple debts into a single payment, often with a lower…

Are you feeling overwhelmed with numerous loans and struggling to keep up with payments? Worry…

Anyone who moves to different states with a car or bike knows the pain of transferring the…

A payslip or salary slip can act as a financial legal document for you that proves your…

If the thought of the cold, breezy wind along with a serene, beautiful view mesmerizes you, then…

Understanding loan amortization is crucial for anyone navigating financial commitments. An…

If you are preparing for tax season, it is important to understand Form 26AS. This document…

On Thursday, February 1, 2024, the honourable Finance Minister, Mrs. Nirmala Sitharaman,…

The loan approval process involves multiple steps, aiming to grasp the borrower's profile and…

The festival of colors is just around the corner. Holi marks the arrival of spring and is all…

In the current times, technology has set its foot in every industry, and the automobile industry…

NMI, an abbreviation for Net Monthly Income, holds significant weight in the Indian lending…

Valentine's Day 2024 is quickly approaching, and it's the perfect time to show your love with a…

While applying for personal loans, two terms are often…

As a taxpayer, if you are unaware of the penalties for late filing of your ITR, understanding…

In finance, there exists a fundamental concept known as the Cash Reserve Ratio (CRR) that plays…

With the Interim Budget 2024 to be unveiled within a month, several new announcements are…

In today's digital age, e-Aadhaar cards have emerged as a vital identity document, greatly…

In the dynamic landscape of banking, Customer Information File (CIF) number emerges as a pivotal…

Are you looking forward to planning your next Christmas vacation but need help deciding where to…

With the ever-increasing need for laptops, finding one that won’t stretch our budget can be…

A laptop is as indispensable as a notebook and pen. They are used by professionals, students,…

Personal loans have emerged as a versatile financial solution for various financial needs.…

A term loan is a financial arrangement where a lender provides a borrower with a specific amount…

Buying a car for yourself can be a matter of great pride. Finding a reliable and reasonable…

Purchasing your first car can be a milestone achievement that you will remember for years! As…

When it comes to securing a loan, lenders take a comprehensive approach to assessing the…

An income tax refund is a refund amount initiated by the income tax department if the amount…

In today's rapidly evolving job market, technical skills alone are no longer enough to guarantee…

In the realm of financial institutions, NBFCs have emerged as influential players. The NBFC full…

Durga Puja, a festival celebrated with grandeur across India, not only symbolizes the victory of…

Durga Pooja, a vibrant and grand celebration, holds a significant place in the hearts of…

Navratri celebrations are marked by intense devotion, customs, and divine festivities, which…

Navratri celebrations are a perfect blend of culture, food, dance, and divineness. This nine-…

Karwa Chauth, a celebration of love, devotion, and the unbreakable bond between husband and wife…

In an era where everything around us is being digitized, the aspect of identification and…

In the pursuit of higher education, students often encounter the challenge of funding their…

Finding the ideal gadget that combines performance, functionality, and comes at an affordable…

The search for a dependable yet cost-effective secondhand car is a popular one in India's…

In the ever-evolving landscape of the automobile industry, fuel efficiency is a paramount…

In today's rapidly evolving technological landscape, mobile phones have morphed into…

In recent years, the automotive industry in India has undergone a spectacular transformation as…

A new era of innovation in the field of affordable automobiles is emerging as the Indian…

The quest for the ideal sports bike under INR 1.5 lakh that strikes the perfect balance of…

In an era where fuel efficiency and sustainability are gaining prominence, choosing a car that…

In a country like India, where owning a car is not only a mode of transportation but also a…

In the ever-evolving landscape of the Indian automobile market, fuel efficiency remains a…

The search for the best used car under INR 5 Lakhs that is economical yet dependable is still a…

A lot of us are crazy about sports bikes, ranging from a TVS Raider to a Bajaj Pulsar. For a few…

As the monsoon bids farewell and the pleasant autumn breeze sets in, September is a fantastic…

India is a country with many different cultures, traditions, and festivals that are dear to its…

India, a country rich in diversity and culture, is decorated with a variety of festivals that…

The Bhagavad Gita, which contains Lord Krishna's teachings, is a timeless text that contains…

It’s here! The season of divinity, prosperity, and happiness! The blessed celebration of…

India, a land of diverse cultures and traditions, is known for its rich tapestry of festivals…

Raksha Bandhan, a celebration of the bond between siblings, is a time-honored tradition in India…

Raksha Bandhan, a celebration of the unique bond between brothers and sisters, is a time-honored…

Life is unpredictable, and emergencies can happen at any time, leaving you in severe need of…

Home is more than a physical location; it's an emotional state that involves feelings of comfort…

The digital revolution has changed our lives, spending habits, and transactions. We can now…

Living in the digital age, the need for a high-quality laptop has become nearly indispensable,…

Travelers from all over the world are drawn to India because it is a melting pot of cultural…

In the realm of entrepreneurship, women are progressively making their mark. They are shattering…

In today's era, a smartphone is much more than just a tool for communication; rather, it is an…

Dental checkups are recommended a few times a year. Our teeth need regular maintenance just as…

As the world continues to shift towards sustainable energy, electric cars have gained immense…

Dental treatment is an essential aspect of maintaining good oral health, but the costs…

Travelling with the family is an excellent way to create lasting memories and strengthen family…

The living room is the most visible space in your home. It's the place where family and friends…

Medical equipment rental is an often-overlooked option for healthcare providers who need the…

EMI, or Equated Monthly Installment, is a convenient way to pay for big-ticket purchases or…

As the country continues to shift towards sustainable modes of transportation, electric scooters…

It is a great feeling to be the owner of a car. Purchasing a car of your own can be a milestone…

Freelancing is a great way to make a living by using your creative talents. It can also be an…

Loan repayment is an important financial factor that has an impact on an individual's finances.…

An Executive MBA (EMBA) is a great way to gain the skills and qualifications that can give your…

In India, CIBIL (Credit Information Bureau (…

Tax exemption for women can greatly impact their financial stability and future. Whether you're…

Securing a personal loan can be a challenge. Especially if you have bad credit or limited income…

Your credit rating is an important factor for a variety of financial activities, such as…

Personal loans are great financial tools for assistance when you need to cater to applications…

There’s something special about getting married on a foreign shore. The beauty of the…

Taxes can be a significant expense for many individuals in India, but there are ways to minimize…

The preparation and filing of taxes in India can be a complex task, with various provisions and…

In today's world, it has become easy and quick to avail of external financial support like…

Tax planning is essential for salaried employees to optimize their budget. Due to limited…

Filing Income Tax Returns is a crucial yearly obligation for most taxpayers. Beyond mere…

Personal loans are a popular financial tool for many people, whether they are looking to pay off…

Non-Banking Financial Corporations (NBFCs) are a crucial component of the Indian financial…

When faced with high debt balances and interest rates, there are options available to you. One…

An interest rate calculator, also known as EMI calculator, is a tool that can be used to…

Have you ever found yourself short of cash for an emergency, only to find out that your account…

A quality education is essential in today's dynamic environment. Pursuing our professional…

Are you ready to escape the everyday grind and explore the world on this World Tourism Day? Look…

Lohri is a popular festival celebrated in the northern region of India, particularly by the…

We're heading into 2023, and it's time to plan your finances, budget, and investments. Start…

In India, loans are taken up for a variety of reasons. Personal loans, business loans, and home…

When it comes to borrowing money, personal loans are often a popular option due to their…

It usually takes about 3 to 7 business days to acquire a personal loan from a licensed lending…

Nothing can beat the chilliness of the divine winters. Now that the winter season is almost here…

Celebrating New Year in Europe is a dream for many, and people from all over the globe are…

There's no better time than Christmas to travel across Europe and explore the exquisite…

Regardless of how short your break is, it is just the right time to refuel yourself, recharge,…

Planning the perfect and romantic honeymoon can often be daunting when the exquisite locations…

One of the things you can wish for when you are taking up a loan is financial security. When you…

With the pandemic came dozens of profitable business ideas from home. Working from home has…

iPhones stay on everybody’s mind when they are launched. From style to functionality, iPhones…

One of the most pride-filled moments of a parent’s life is to witness the daughter's marriage.…

There are various aspects of taking up external financial support from a lending institution.…

When winter approaches, schools and offices announce long winter breaks. This is the best time…

Weddings are occasions of great celebration and happiness all over India. During these times, we…

Weddings are expensive affairs, and borrowing money from your friend to meet the expenses is…

A wedding is a once-in-a-lifetime experience and is best celebrated as a lavish affair. The cost…

Weddings are the happiest times of our lives! When we finally get to spend the rest of our lives…

As winter starts to peep through, the newlyweds and couples scour their options to visit…

India is known for its breath-taking beauty and unexplored diversity. Every year, thousands of…

For students, holidays are the best way to recharge and forget completely about their academic…

Speaking of magical and romantic places, nothing can beat India to the top spot. The season of…

Choosing a destination for a holiday is indeed tricky. Packing and making reservations are…

With the festive season just around the corner, every family in India is looking forward to…

NBFC stands for Non-Banking Financial Company. Personal loans from NBFCs are given to…

Women in India are seeing massive development both personally and professionally. Many women are…

In India, many people take up a personal loan to finance their dreams of owning their own houses…

After working in the corporate world for a few years, a lot of individuals wish to add on higher…

Bonds and loans are similar terminologies but differ in several factors. These terms are often…

It is best to be prepared for medical emergencies in advance to be able to deal with those…

Dhanteras is also called Dhanatrayodashi or Dhanvantari Trayodashi. It remarks on the onset of…

The festive seasons are the most awaited times of the year, which often bring celebrations in…

The festive season is here, and the eCommerce sector, lending institutions, and retail stores…

Bhai Dooj is a festival celebrated all over India to mark the bond among siblings. It is…

Investment and gold go hand-in-hand for Indians. On the auspicious occasion of Dhanteras,…

The months after September in India are popularly known as the festive seasons. This is the time…

Diwali is almost here, and we can’t wait to celebrate the festival of light with utmost joy and…

If you need a loan for personal reasons like funding your holiday, paying credit dues, financing…

Eid-e-Milad commences in just a few days, which marks the annual commemoration of the birth…

We are finally getting close to the month when celebrations are around the corner. Dussehra is a…

This prosperous time of the year we call Dussehra is when we commemorate the triumph of virtue…

Mahatma Gandhi is popularly known as “The Father of the Nation” and is the primary face of India…

KYC helps financial institutions to understand their customers and their financial patterns…

When it comes to your wedding, don’t compromise on your dreams. After all, it's the biggest day…

Simple interest is one of the easiest ways to calculate the annual interest expenses and income…

We have to pay interest to the lender for credit and loans. On savings or money accumulated, the…

The world is evolving, technology is developing, and digitalization is booming. A person’s life…

We all wish to have a place to come back to at the end of the day. For most people, it is their…

We Indians belong to a country that is still developing. To be entirely developed is still a…

Do you know, like every person is given a credit score based on their credit history, businesses…

In the event of a sudden financial crisis or meeting any short-term financial requirements, it’s…

Everyone dreams of having a grand destination wedding. Somewhere far with close family &…

How do you know your lender has approved your personal loan application? It’s the issuance of a…

Indian weddings are known for their extended celebrations, which span for over 2-3 days and…

A personal loan is the go-to financing option when you are in dire need of funds or meet any of…

In the personal loan category, there are two types of loan offerings by the lenders- one is the…

Wedding loans can be used to help cover the costs of a wedding. The interest rate charged and…

Indian weddings are often known to be extravagant affairs with celebrations continuing for days…

A personal loan is one of the most popular and easily available…

In this ever-changing world, you need to constantly learn and acquire new skills to elevate your…

Indian weddings undoubtedly are a whole lot of fun. But they are also tremendously hectic. Not…

Despite the general mindset of a loan equating to liability, not all loans are bad. …

If you are a businessman in the early stages of your venture, availing a…

In times of financial emergencies or severe cash crunch, a personal loan can be your savior as…

Numerous times individuals are prepared to surrender their investment funds/ savings for…

A financially established young generation does tend to spend a substantial share of their…

Developing good financial habits is the mark of a successful financial planner. Your family and…

Over the last ten years, the advancement of web technologies has been a boon for the financial…

Traveling is one of the  most enriching and fun experiences. Thanks to rising incomes and…

BNPL or buy now pay later credit services are the latest trend, especially among millennials and…

Emergencies do not come with prior warnings. No matter how prepared you are, they can come…

Loans today are one of the most popular forms of financing your requirements. More and more…

Christmas is the perfect time to let your hair down and celebrate the season of giving. Having…

Are you ready to celebrate New Year 2024 in style? Look no further than Dubai, the dynamic heart…

The need for financial assistance can arise at any time. Institutionalised lenders typically…

The annual or monthly amount that an employee receives from the employer against services…

According to a recent publication, consumer and online personal loans have an 87% share in NBFC-…

Who does not want to have the glitz and the glamour of a big fat Indian wedding? The sangeet and…

Banks and non-banking financial companies (NBFCs) offer various…

For Indian households, the kitchen is arguably its most important part. Nutritious breakfasts,…

The pandemic has changed the global landscape completely. The common man has been significantly…

You can apply for a personal loan to arrange funds for any purpose including buying an…

There may be times when funds are required quickly - for a wedding in the family, a holiday, or…

One of the most attractive features of a personal loan that makes it unique is, there is no end-…

When you need funds urgently and without having to worry about pledging any collateral, then you…

Diwali is just around the corner. The festive season last year was not celebrated with its usual…

This festive season, shower your loved ones with Diwali sweets, delicacies, and gifts. Spare no…

Diwali is that time of the year when you drench your home in pretty lights. With festivities in…

In our culture and tradition, festivals play a key role in the prosperous growth of the society…

Rejection of any kind never feels good. However, it is an emotion that the majority of us have…

Lending institutions often think twice before providing a personal loan to proprietorship…

A wedding is likely to be a once-in-a-lifetime event. Therefore you may want to make it special…

Personal loan frauds through mobile loan apps have become common nowadays. And, in most cases,…

There will never come a time when doctors will not be in demand. Whether it is a normal world…

The biggest season on the Indian festive calendar is upon us! How to celebrate Dussehra, Durga…

By renovating your house, you can transform it into a lovely home suited to your family’s…

Borrowers avail personal loans for a host of reasons. These reasons could range between managing…

Used cars come with multiple benefits. Pricing is what draws us the most towards purchasing a…

Opting for a loan is a convenient manner to finance expenditure that cannot be financed out of…

You may have heard the term, guarantor, which means, a person who is willing to give a guarantee…

Personal loans can help in filling a void in your budget without compromising any of your assets…

While preferring to opt for loans to finance one’s needs, a common question that occurs to most…

For anyone, servicing multiple loan accounts is a challenging task. Apart from the risk of…

An instant personal loan is a form of unsecured loan that is…

In today’s world, you can apply for a personal loan easily and quickly. If you are applying…

A person generally takes a personal loan at times of financial need or to meet some large and…

The common man’s finances have had to bear the hardest blow as a result of the COVID-19 pandemic…

The pandemic has severely altered our livelihood process and has led to greater uncertainty due…

Same Day Loans fall under the category of unsecured personal loans and have an easier and…

There may be unforeseen times in your life when you may be in need of a sizable amount of funds…

Funds are not just an essential commodity to meet your everyday needs. Today, it can be termed…

The salary advance loan is getting highly popular among salaried professionals due to the…

For most of us, salary is the primary source of income, using which we fulfill our daily needs…

Shortage of funds- a situation no one wants to experience. However, there may be situations in…

There are three factors or qualities we often look for in a lender when…

A personal loan is the most versatile loan product, which can be used in meeting any type of…

Close friends and family members are always willing to bail us out of difficult situations. It…

‘Debt trap’ denotes negativity but what is a debt trap? A debt trap means that one owes a huge…

The choice of personal loan interest rates, fixed or floating interest rate always confuses…

There may be moments in your life when you need some extra money to meet your short-term or long…

SMFG India Credit is completely committed to making your entire loan journey an extremely smooth…

A designer outfit, exquisite food arrangements, or entering one’s wedding venue in a horse-…

With the growing needs of the average Indian consumer, personal loans are now witnessing a huge…

Taking an active role to manage your funds is a sign of a good financial planner. If you look…

If you are in need of immediate funds to finance a personal expense but do not have any…

The roadmap of your loan consists mainly of applying for a loan, the loan is approved, repaying…

As lifestyles are improving, people have higher disposable income, abundant choices available…

Personal loans are used to arrange funds for a variety of purposes including going on a holiday…

In India, quality healthcare services are still out of reach of millions, mostly in rural areas…

Sometimes, funds may be needed at a short notice. Today, there are many options which one can…

Personal loans have become tremendously popular as they can be used for any purpose. Availing…

Let’s say you have a lot of existing debt – credit cards, student loans, consumer durable loans…

We are all spending everyday working on our careers, families and lives, but it is only when the…

Personal loans are extremely useful. One can avail a personal loan…

Whenever you need funds for some purpose, you are likely to take a loan. Thus you don’t need to…

Personal loans are collateral-free loans that can fulfil your every desire, wish, dream or…

Personal loans don’t require collateral and are quickly disbursed. They can be used for a…

During the period ranging between 2015 and 2018, unsecured loans have witnessed a growth of…

Between 2015 and 2018, unsecured loans have witnessed a growth of approximately 4 times bank…

There can be a host of reasons why individuals choose to get a loan. That said, the general…

Due to the ongoing pandemic, you may have had to shelve your travel plans. However, with…

The pandemic that has swept the world has resulted in a huge financial crisis for many…

In recent times, the cost of education in all stages of academic career has increased several…

Our lifestyle defines how we live our daily life, our choices, how much we spend, and finally…

According to a study conducted by The Global Burden of Disease Study, critical illnesses…

Loan restructuring is one of the most sought-after processes when any private/public company or…

Today’s women are looking to advance in their space by focusing on the skills that make them…

Personal loans for most people have become synonymous with everyday life. Be it buying…

It is expected that India’s e-commerce sector will be worth an impressive $ 150 billion by 2022…

A Personal loan is an unsecured loan. Hence, financial…

/personal-loan-process.aspxPersonal loans have taken…

Similar to credit cards, a personal line of credit is a revolving credit account that lets you…

India's economy has undergone a significant transformation over the years. This has also led to…

“When you buy from a small business, an owner does a happy dance” goes the popular saying and…

We all wish to lead a physically fit and healthy life, but in this high-paced environment,…

According to data provided by the Reserve Bank of India, personal loans consisted of…

A referral partner is a symbiotic associate or business partner who recommends a company's…

According to data provided by the Reserve Bank of India, the volume of…

With RBI allowing Indian lenders to onboard new customers via the video KYC process, it has…

IVF treatments are increasingly being brought to the forefront of fertility treatments in India…

If you require funds urgently, then one of the best ways would be to apply for a personal loan.…

Isn't it empowering to control every aspect of our lives right from what we wear to how we look…

As we have seen from recent trends, students these days are not only smart and talented but also…

We never know when an emergency would strike, which invariably puts a lot of pressure on our…

Personal loans are a boon because let us find happiness through our achievements. The past few…

Education Loan is one of the most popular …

Personal loans are a common method of availing funds to fulfill a number of individual or…

Life is not a bed of roses; it has its ups and downs which we have to endure with grit and…

Organisations across the world cannot function without funds. It is an essential part of a…

Loans are an extremely convenient way of meeting requirements and dealing with your financial…

Term loans are borrowings from banks or other financial institutions for a fixed tenor, where…

There are a lot of technical terminologies around loans and mortgages; it could be a home loan,…

Are you in dire need of funds due to a medical emergency?…

According to data provided by The Reserve Bank of India, the number of credit cards in use has…

A personal loan can be an attractive option to access quick and easy funds to make investments.…

A wedding, or medical expenses, a dream vacation, buying a new device/gadget or any other…

An education loan is the choice of many when it comes to meeting expenses linked to higher…

Being an unsecured loan type that comes with flexible loan…

Why would one need a personal loan? Is the process of obtaining a personal loan any different…

In the event of a sudden financial emergency, your only way out may be a loan. Under such…

Making changes to your home once in a while is quite common. Be it improving your bedroom style…

When in need of liquid funds, you can go either the personal loan route or pay it off with a…

There is no fit-to-all formula for managing personal finances. Some people live a frugal life…

After taking a personal loan, you can keep track of all your…

A personal loan is an unsecured loan offered by financial…

Personal loans are unsecured loans offered by financial institutions that help you to finance…

Life is unpredictable. There may be unexpected events beyond your control, which raises the need…

Personal loans are unsecured loans offered by banks and financial institutions that help you…

Lower the interest rates in a personal loan, better it is to take care of one’s financial needs…

In our fast-paced and sometimes hectic lives, we rarely get the opportunity to make our little…

Personal Loan is unsecured, which you do not have to pledge assets. You are eligible to apply…

An Unsecured Loan is a loan provided solely based on the creditworthiness of the borrower…

Personal Loan feels like a boon when you have a large expense to make, regardless of whether it…

A Personal Loan is amongst the most popular financing options…

Personal loan eligibility criteria vary between lenders. To avoid rejection, make sure that you…

SMFG India Credit Personal Loans are synonymous with transparency, competitive personal loan…

Personal loans are widely popular in India, with various types available. The recent years have…

Introduction to Tax Benefits on Personal Loans Personal loans are a convenient way to…

Unplanned expenses can come knocking to your door any time without warning. It could be an…

We all have been hearing big talk about the technological revolution and digitization and how…

It is no secret that the cost of education in India and abroad is skyrocketing every year.…

Bali is a beautiful tropical island in Indonesia and among the…

“Everybody in this country should learn to program a computer because it teaches us how to think…

According to CRISIL, a large chunk of people taking personal loans in India are the working…

Several banks and lending institutions provide personal loans for borrowers. Personal loans are…

Personal loans are not just the preferred form of borrowing for individuals; they are also a…

Personal loans have become one of the most popular types of financial products availed by people…

Introduction Personal loans are one of the most popular types of loans as they do not…

In certain parts of India, even the idea of borrowing money invokes deep fear, tarnished by…

You have given your child the needed headstart in life by choosing the best schools and colleges…

Your child’s wedding is probably one of the most important occasions in your life. It's a time…

You’ve always dreamt of having that SUV or sedan or even a sports car. And every time you see it…

Looking to transform your house with comfortable and cosy areas that reflect your personality?…

Planning a family holiday to your dream destination but not sure what’s the best way to finance…

You may be faced with expenses such as buying your dream car, a smartphone, going for a dream…