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Blog Collection

What is the CIBIL Score Required for Personal Loans?

Posted on Friday, April 28th, 2017 | By IndusInd Bank

What is the CIBIL Score Required for Personal Loans?

One can’t predict when a sudden need for funds might arise. It is, therefore, advisable to keep your credit record spotless. A bad credit/CIBIL score, arising from late payment or non-payment of credit card bills, can severely hamper your attempt to procure a personal loan. However, having a good CIBIL score will considerably improve your…

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Category : Personal Loan

5 Tips on How to Pay Off Your Personal Loan Faster

Posted on Thursday, April 27th, 2017 | By IndusInd Bank

5 Tips on How to Pay Off Your Personal Loan Faster

Taking a personal loan comes with the obligation of repaying the amount in fixed monthly instalments over a decided period of time. If you fail to repay on time, however, you are liable to pay penalties for late payment, which nullifies the benefits of availing a personal loan in the first place. In addition to…

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Category : Personal Loan

Advantages of Pre and Part- Payments of Personal Loan

Posted on Wednesday, September 7th, 2016 | By IndusInd Bank

Before diverting the extra cash or savings towards pre-payment or part-payment of your personal loan, you shall always consider its impact. Whether the decision of not serving the entire loan tenure would be beneficial or not shall always be your primary concern. Pre-paying your loan can be beneficial but such benefit depends on the sum…

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Category : Personal Loan

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