How to get personal loan in just five simple steps

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How to get personal loan in just five simple
steps
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• This is the day and age where everything and
  everyone is online. From your estate agent to
  even your doctor everything is be done online and
  instant personal loans are no exception.
• One of the key benefits of getting an instant
  personal loan is that you can go paperless. This
  is not only beneficial to the earth, but its
  also convenient.
• Going paperless means you dont need to keep a
  track of a million documents all the time.
• You can keep everything on your phone and carry
  it with you easily.

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• Getting a personal loan online has many benefits.
  Its super easy, you can do it yourself without
  going through any agents and it can be done
  easily from the comfort of your living room.
• By applying online you get an easy personal loan
  EMI calculator without going through the hassle
  of doing it yourself.
• Its also a very easy process to applying for a
  loan physically.

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Step by step guide
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Step 1

• Find an online personal loan EMI calculator and
  with that calculate the right amount for your
  loan and the monthly EMIs you will have to pay.
• Its very important that you know the amount
  beforehand because if you fail to pay, you can be
  levied with a very heavy penalty.

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Step 2

• Always compare. Personal loan interest rates can
  be highly competitive. Since this type of loan
  does not require you to keep any assets as
  collateral it sees a lot of takers.
• It also means that interest rates for this type
  of loan can be very high. But if you do proper
  research you can find an instant personal loan at
  very competitive rates.

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Step 3

• Check your credit score. Your credit or CIBIL
  score is determined by taking various factors
  into consideration like your income, your
  expenditure and your previous loan history.
• Multiple loan applications can adversely affect
  your credit score. Your personal loan interest
  rate is determined on the basis of your CIBIL
  score.

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Step 4

• Go to the vendor website and fill in your
  application. You will require your AADHAAR, you
  PAN number and your bank statements.
• An online personal loan application can be filled
  out easily without any hassle. Once youve filled
  out the online form you need to call the vendor
  and give them all your personal details verbally.
  

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Step 5

• You can get personal loan approved in just 24
  hours. But before you apply do read all the offer
  documents carefully so that you know all the
  payments and charges you will have to incur.

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Thank You