Personal Loans in Hyderabad

Arka Loans Provide Personal Loans in Hyderabad, ✓Lowest EMI Choose ✓From Many Options ✓Compare Personal Loan Interest rates ✓No foreclosure charges for above 10lacs loan amounts ✓Get the Best Quotes and Offers on Personal Loans in Hyderabad A personal loan is a loan for your personal use, be it your child’s wedding, a dream vacation, or a shopping extravaganza. A personal loan does not require any security or collateral and can be availed without much fuss. Typically, personal loans range from Rs. 50,000 to Rs. 100 Lacs with a

tenure typically ranging from one to five years. Getting a Personal loan is quite stress-free and there are typically a number of offers in the market most of the time.

Apart from the rate of interest banks also charge some fees which are usually of two types. Once when you are applying for the loan and once when you are pre-closing the loan. The fees when charged at the time of processing called Processing Fees vary from 2-3% of the loan amount. This could be reduced if you have the ability to bargain. the second charge is the prepayment penalty paid at the time of

pre-closure. This too varies from 2 – 3 %. Similar to processing charges, you can also try to get these fees reduced.

Benefits ✓Lowest EMI Choose ✓From Many Options ✓Compare Personal Loan Interest rates ✓No foreclosure charges for above 10lacs loan amounts ✓Get the Best Quotes and Offers on Personal Loans