Personal loan tips: Key factors to consider for low interest rates and processing feesPersonal loan tips: At times, an unforeseen exigency arises, demanding an urgent influx of funds for sundry expenses such as children's education, marriage ceremonies, medical bills, or home repairs. Unlike home loans or gold loans, personal loans can be procured from banks without the requirement of collateral. However, one must tread cautiously as personal loans often entail higher interest rates. Keep an eye on intriguing optimal interest rates and seasonal offers by banks: To unlock the treasure trove of the most favorable personal loan offer, one must compare interest rates and processing fees across various banks. However, upon factoring in the processing fees and GST, the burden borne by customers tends to balloon.

Source: dna May 27, 2023 10:37 UTC