A personal loan in Our Partnered NBFCs is the best route to fulfill your financial pursuits as the interest rates start at, as low as, 12.5%. At such a competent rate of interest, the borrower isn't burdened with the load of the monthly installments and the EMIs (Equated Monthly Installments) can be smoothly paid. With Our NBFC Partners, you get much better options that are highly affordable, comprehensive, and easy to access.
Also, looking at the completely online way offered by Dosina Finserv to apply for a personal loan in Our Partnered NBFCs, this emerges as the most comforting factor for the loan seekers as they can easily escape the traditional loan processes and save their valuable time, money, and efforts. This new-age manner of applying for a personal loan is the smartest approach a loan seeker could have.
The financial institution through which the final loan disbursement occurs, charges some administrative processing charges – these are not a much higher percentage of the personal loan – generally, the range of the loan processing fees is between 0-2% (excluding taxes); but the final details may vary.
In the context of personal loans, pre-payment refers to the loan repayment done before the decided tenure. Though many financial institutions offer zero foreclosure charges, the final details depend individually on the financial institution.
There are various factors that must be considered while you plan a personal loan. From your monthly income to monthly expenses – every inflow and outflow of your money needs to be kept in mind while planning a personal loan. Also, you can have much clarity with the EMI calculator.
As there is no collateral guarantee provided to the lender, the loan applicant's profile is the only aspect that reflects the repayment capabilities. Generally, the following are the factors that are put into consideration:
This option is great to be on the safer side as there is no guarantee of market fluctuations! Having a fixed interest rate also helps you in planning the repayment in an efficient manner. For the ones who want to be safe from the market ups and downs, the fixed rate personal loan remains the ideal choice.
A business loan can be useful at any stage of your business operations. Applying for a Business Loan in Our Partnered NBFCs is beneficial due to the attractive interest rate offered – which starts at 11.5%. Such convenient interest rates allow you to manage your business finances comfortably without getting overburdened. Before applying for a loan, you must plan it by considering all the crucial aspects like EMIs, loan tenure, etc.
A business loan can be useful at any stage of your business operations. Applying for a Business Loan in Our Partnered NBFCs is beneficial due to the attractive interest rate offered – which starts at 11.5%. Such convenient interest rates allow you to manage your business finances comfortably without getting overburdened. Before applying for a loan, you must plan it by considering all the crucial aspects like EMIs, loan tenure, etc.
The processing fee is the amount that is charged by the financial institution through which you would receive the loan approval. Generally, this is the amount charged against the administrative processes carried out for your loan process – it is usually in the range of 0-2% (without taxes) – but, the final details may vary.
When you repay your loan entirely before the decided loan tenure, this is known as prepayment. While there are many financial institutions that charge nothing for this, there are some that charge prepayment fees as well.
This is very crucial for you to gain a clear picture of the EMI amount you are capable of paying. For this, consider all the monthly transactions involving your finances – your income, your expenses, everything! And yes, you can always use an EMI calculator for your convenience.
Because there is no guarantee given to the financial institution/lender, the loan applicant's documents (credit score and profile too) are the only factor that provides the required confidence to the lenders. Usually, the following are the factors that are taken into consideration:
Thank you for choosing Dosina Finserv for your financial needs. We look forward to serving you with our easy personal and business loan solutions, including top-up loans.