Pre-qualified Loans
Now Car Loans, Credit Card, Home Loans and Personal Loans, all at the click of your mouse.
In this manner, can I get personal loan if my salary is 15000?
Income: In order to be eligible for a personal loan through a bank, you have to draw a minimum salary every month, which varies from bank to bank. But generally, if you are earning at least Rs. 15,000 every month, you will be eligible for a personal loan.
| 7 types of loans | |
|---|---|
| Loan type | Purpose |
| 1. Personal loan | Funds for a wide array of personal needs and desires |
| 2. Mortgage | Borrow your way to owning a home |
| 3. Student loan | Federal, state or privately-issued debt to cover education costs |
Thereof, what are 7 types of loans?
To help you navigate the process, here are seven common types of loans and what they cover.
- Conventional Loans. …
- Conforming Loans. …
- Non-Conforming Loans. …
- Secured Loans. …
- Unsecured Loans. …
- Open-ended Loans. …
- Close-ended Loans.
What are the 4 common types of consumer loans?
Types of Consumer Loans
- Mortgages. …
- Credit cards: Used by consumers to finance everyday purchases.
- Auto loans: Used by consumers to finance the purchase of a vehicle.
- Student loans: Used by consumers to finance education.
- Personal loans: Used by consumers for personal purposes.
What are the 4 types of loans?
- Personal Loans: Most banks offer personal loans to their customers and the money can be used for any expense like paying a bill or purchasing a new television. …
- Credit Card Loans: …
- Home Loans: …
- Car Loans: …
- Two-Wheeler Loans: …
- Small Business Loans: …
- Payday Loans: …
- Cash Advances:
What are the types of Icici Bank?
What are two types of loans?
Lenders offer two types of consumer loans – secured and unsecured – that are based on the amount of risk both parties are willing to take. Secured loans mean the borrower has put up collateral to back the promise that the loan will be repaid.
What is EMI full form?
An equated monthly instalment (EMI) is a set monthly payment provided by a borrower to a creditor on a set day, each month. EMIs apply to both interest and principal each month, and the loan is paid off in full over some years.
What is MAB for ICICI Bank?
| Minimum monthly average balance (MAB) | Rs. 5000 |
|---|---|
| ATM Interchange (Non ICICI Bank ATMs) | First 5 transactions in a month (inclusive of financial and non financial) – Free Thereafter, Rs.20 per financial transaction and Rs. 8.50 per non financial transaction |
What is the salary of ICICI Bank?
ICICI Bank Salaries
| Designation | Avg. Salary |
|---|---|
| Deputy Manager – (8.9k Salaries) | 4.8L |
| Assistant Manager – (5.8k Salaries) | 3.4L |
| Relationship Manager – (4.5k Salaries) | 5.1L |
| Senior Officer – (3.7k Salaries) | 2.5L |
Which account is best in ICICI Bank?
ICICI Bank Savings Account Interest Rates & Minimum Balance Required Updated on 2019
| Savings Account | Interest Rate | Minimum Balance Required |
|---|---|---|
| Pocket Savings Account | 3.00% | Not Required |
| Young Stars Account | 3.00% | INR 2,500 |
| Advantage Women’s Savings Account | 3.00% | INR 10,000 |
| Senior Citizens Savings Account | 3.00% | INR 5,000 |
Which bank gives loan easily?
HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre- approved for a Personal Loan, they can easily apply for it. Lower interest rates: Interest rates on Personal Loans are lower than other sources.
Which loan is best for home?
10,000. Advantages:
| Rate of interest on home loans | Best rate | Highest rate |
|---|---|---|
| For salaried individuals | 6.66%* | 7.80% |
| For self-employed individuals | 6.66%* | 7.90% |
Which type of loan is best?
Best for lower interest rates
Secured personal loans often come with lower interest rates than unsecured personal loans. That’s because the lender may consider a secured loan to be less risky — there’s an asset backing up your loan.