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FAQ:- personal loan

What is a personal loan, and how does it work?
A personal loan is an unsecured loan that helps you cover various expenses like medical emergencies, travel, or home renovations. You borrow a fixed amount from a lender and repay it in monthly installments with interest.
What are the eligibility criteria for a personal loan?
Eligibility depends on factors like age, income, credit score, and employment status. Most lenders require applicants to be salaried or self-employed with a stable income.
How can I apply for a personal loan online?
You can apply through QuickIndia.in by comparing multiple lenders, checking their interest rates, and submitting your details for a hassle-free loan application process.
What is the minimum and maximum loan amount I can get?
The loan amount varies by lender but typically ranges from ₹10,000 to ₹50 lakhs, depending on your creditworthiness and repayment capacity.
How long does it take to get a personal loan approved?
Many lenders offer instant approval, and funds can be disbursed within 24 to 48 hours, provided you meet the eligibility criteria and submit the required documents.
 

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