Ganesh Chaturthi is right around the corner. It is the time to bring home Bappa and celebrate him. Ganesh Chaturthi includes scrumptious food, festivities, and celebrations. It is also considered an auspicious time to buy something new – a bike, a car, electronics, or an appliance for your home. You can also take a trip and spend quality time with your family. But how do you pay for these?
The answer is simple – through personal loans.
What is a personal loan?
Personal loans are multipurpose loans available for funding your personal and commercial needs. You can get a personal loan for buying something new for your home or even to travel. It is a collateral-free loan that does not require any security. You get a loan simply based on your monthly income and other eligibility parameters.
This Ganesh Chaturthi, a personal loan can be your go-to solution to celebrate with your family. Here are some reasons why –
Benefits of personal loans
As mentioned earlier, personal loans do not require any collateral security. As such, you don’t have to pledge your assets to get the loan. This makes personal loans suitable for all types of borrowers, even those who don’t have too many assets to their name.
- Easy availability
There are many banks and NBFCs that offer personal loans for your needs. Moreover, the online application process makes it easier and more convenient to get the funds. As such, you can avail of the loan easily, whenever you need it.
- Affordable and flexible repayments
Personal loan interest rates are affordable. Moreover, you get repayment tenures going up to 60 months or more to choose from. This makes it easy to repay the loan. Moreover, you get the flexibility of choosing a tenure that gives you the most affordable EMIs.
- Simple eligibility and documentation
Personal loans have simplified eligibility parameters making the loan accessible to all. Moreover, when it comes to documentation, minimal documents are needed to apply for the loan. Both these factors convert to quick loan processing and instant sanction of funds.
- Multipurpose use
Personal loans are multipurpose loans that you can use to fund any financial need that you have. As such, you can avail of the loan this Ganesh Chaturthi and fulfill your shopping wishlist without any hassles.
How to apply for a personal loan?
There are two ways in which you can apply for a personal loan. These are as follows –
To apply offline you can visit the branch of a bank or NBFC or get in touch with a loan agent and make your application. You would have to fill up an offline application form and submit it with a copy of your documents and the processing fee. The lender would process your application and sanction the loan if everything is found in order.
As mentioned earlier, personal loan applications have gone digital. You can make an online application for the loan and get the funds sanctioned at the earliest. Just fill up an online application form, upload your documents and pay the processing fee digitally. The lender gets your application in real-time, processes it, and sanctions the funds.
How do Ruloans help?
With Ruloans you can get instant personal loans online. Ruloans is partnered with leading banks across India offering loans to salaried individuals. With Ruloans get –
- Personal loans up to Rs.25 lakhs
- Aadhaar-based e-KYC for loans within 24 to 48 hours
- Online calculators to find the most affordable EMIs
- Digital support in your loan journey
- Expert guidance when availing of the loan
- The facility to compare personal loans offered by different banks and NBFCs so that you can choose the lowest personal loan interest rates
Getting personal loans from Ruloans is a simple four-step process.
- Check your eligibility criteria
- Apply for the loan online
- Fill in the online application form
- Submit the form online
The loan would be processed and sanctioned at the earliest. So, this Ganesh Chaturthi, buy what you need. A new refrigerator or a Smart TV or your first microwave. Plan a trip with your family and spend quality time. For your funding needs opt for a personal loan from Ruloans and double the celebrations.