As an Unsecured Personal Loan it is issued and supported only by the borrower's credit worthiness, rather than by a type of collateral. An Unsecured Personal Loan may be a good option for individuals who do not have enough equity in their homes to be approved for a home equity loan.
Silent Features:
- No collateral/ guarantor / security required
- Speedy approvals
- Funds can be used for business expansion, working capital, child's education or home renovation.
- No specification about the end purpose of the loan amount.
- Loans available for salaried, self employed and Professionals like doctors, chartered accountants, engineers, architects, company secretaries, and ICWAI graduates.