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A personal loan is usually of a smaller amount than a mortgage and used for personal purposes, instead of commercial/business needs. It includes loans for reasons like going on vacation, wedding, buying of new furniture and various other needs that arise for an individual. Personal Loans are collateral free money with flexible repayment tenures. The competitive interest rates & high approval rates are unique features of online personal loans. It can help in accessing your financial crunch.
Characteristic of Personal Loan
Requires the least bit of paper-work and is usually approved within 48 hours of application submission
Additional to the processing fee, charges for late payment penalty, pre-payment fee, administration charges and cheque bounce charges are also included in the personal loan
As one of the leading loan & finance company in India, Mystic Moneymart provides you with an unbiased platform to analyze and decide upon the available deals in the market.
Since banks follow strict procedures while lending loan for property, it is requested you be well versed with all the rules and regulations.With providing you details on status of your eligibility, amount you can borrow against the property as loan and terms & conditions
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