A Personal loan is a type of an unsecured loan, availed to meet unforeseen, emergency purposes and for genuine financial demands. Be it a medical emergency, buying your wished-for automobile, to pay the educational fees, to fund a holiday trip, to meet wedding expenses, for home improvements, to pay off other smaller debts, or any unexpected expenses, a Personal loan could be the best possible solution to overcome any personal financial issues.
Most personal cash loans are unsecured short-term loans that do not need any collateral to be placed as a guarantee. Since these low rate personal loans do not need any asset as surety, the borrower’s creditworthiness & financial record are considered before providing them.
They are probably the most convenient types of loans that can be availed for personal financial emergencies within a short period of time. Apart from having a relatively quicker processing and turnaround times, personal loans also do not need very complicated paperwork as they require lesser documentation.
Qwick Loans is now spread across India, avail Personal loans now from anywhere to any bank. Just fill out the form and we will process your request and connect you to our financiers from our network. You can apply conveniently up to 75 lakhs* for a short tenure of 1 – 5 years at reasonable interest rates through a hassle-free process. Although there are not many restrictions imposed on them, it is aforethought to use personal loan funds for genuine purposes. As a thumb rule, fast personal loans should not be availed for purchasing fixed property, to invest in the stock market, or be spent on luxuries.
According to the current rate offered by our network of lenders, you can avail the loan with lowest interest rates from 10.25% to 15.05%. With the lenders taking just 2-3 days’ time for the loan approval, you can get the loan approved once all your submitted documents are verified. You will get your money disbursed within no time.
At Qwick Loans, we make sure the whole process goes on smoothly from applying for a suitable loan to the disbursal of your amount.
There is no need to pledge any asset for availing loan from the lender.
Except for speculative reasons, there is no restriction on the usage of the loan amount.
Loan using for the home renovation can a tax deduction of up to 2 lakhs under section 24B.
INR 1,00,000/- taken as a loan amount over a loan tenure of 12-months at an annual interest rate of 10.25% will have a total payback amount of Rs. 1,05,639/- with a total payable interest amount of Rs. 5,639/- and a monthly EMI of 8,803/-.
Qwick Loans is a financial advisory platform in India, that connects creditworthy borrowers with trustworthy financial institutions like the banks & NBFCs, to provide suitable fundraising options for individual applicants & for businesses across India, at the most considerable interest rates. The finally imposed interest rates will be dependent on various aspects like the borrowing loan amount, loan type, loan tenure, borrower’s credit score, financial record, employment details, income, and other relevant factors. The borrowed loan amount will have to be paid back as per the scheduled repayment plan, as decided by the borrower & the financier.
| Interest rates | Starts from 10.5% |
|---|---|
| Processing fee | It ranges from ₹3499 - 3% and differs according to the banks |
| Loan Tenure | 12 months to 96 months |
| Loan Amount | ₹ 1 Lakh - ₹ 1 Crore |
| Lock-in period | It depends on lender to lender |
| Pre-closure charges | It depends on lender to lender |
| Guarantor Required | It depends on the conditions |
Loan Quantum Of Up To 75 Lakhs*
Loan Quantum Of Up To 75 Lakhs*
Loan Quantum Of Up To 75 Lakhs*
Loan Quantum Of Up To 75 Lakhs*
Loan Quantum Of Up To 75 Lakhs*
Loan Quantum Of Up To 75 Lakhs*
There is no restriction on the end use of personal loan. It can be used to finance anything and everything.
There are certain eligibility criteria that you need to fulfil and only then you will be approved with the loan. Check the eligibility criteria before going further.
Once you submit all the documents, the lender will move your application further and within no time the amount will be disbursed.
