Co-applicants apply for a mortgage with the primary applicant. Co-applicants with good credit can help pay off the loan. Someone with moderate credit can be the principal applicant.
If the borrower cannot make their mortgage payments and a co-signer is required, the co-signer must return the debt in full. In contrast, a co-applicant would not be responsible unless they were listed in the mortgage agreement as jointly liable.
Need a personal loan? Consider a Small Personal Loan instead of your savings or others. If you have the required paperwork, you'll get immediate approval at inexpensive interest rates.
Our modest fast loans have straightforward eligibility criteria and flexible repayments to help you reach your financial goals. Our Small Personal Loan can be used for any urgent financial need.
Personal loan interest
A personal loan is an option among the available financial services. A personal loan can help you out financially in several ways. Personal loans are readily available from several Indian financial institutions; applications can be submitted electronically or in person. You should compare the interest rates offered by several banks before applying for a personal loan, as they can range from 7.90% p.a. to 49% p.a.
How to get a Personal Loan in 5 steps. From required paperwork to how to apply, we cover everything.
Determine your requirement
Calculate monthly instalments
Approach the bank
Submit documents
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