Plan your personal finance with ease
Plan your finances smartly
Personal loans are often disbursed quickly, useful for improved cash flow during emergencies.
Know your exact monthly outflow (EMI) to better manage your household budget.
Check how different interest rates affect your EMI to choose the best lender.
Plan to consolidate high-interest debts into a single, manageable personal loan EMI.
Personal loans are unsecured, meaning you don't need to pledge any assets as security.
Use the funds for any purpose - travel, wedding, medical urgency, or home renovation.
Personal Loan EMI is the monthly installment you pay to clear your unsecured personal loan. Since personal loans do not require collateral, they typically have higher interest rates compared to home or car loans.
None (Unsecured)
Fast & Minimal Docs
Usually Higher
Common queries about Personal Loans
Most banks use the reducing balance method, where interest is charged only on the outstanding principal. Some lenders may use a flat rate method, which makes the effective interest rate much higher.