How Technology has Changed the Way We Apply for a Personal Loan

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HOW TECHNOLOGY HAS CHANGED THE WAY WE APPLY FOR
A PERSONAL LOAN?
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Check Out How Technology Has Changed the Way of
Applying a Personal Loan

1. Finding and Comparing Lenders is now Easier
2. Online Personal Loan Application
3. Free Online Tools and Calculators
4. Quicker Loan Approval

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Finding and Comparing Lenders is now Easier
Technology has made finding and comparing
suitable lenders easier. Compared to earlier
days, applying for a personal loan is now much
easier than it was before. You can now compare
interest rates, eligibility criteria and maximum
loan amount online with greater ease.
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Online Personal Loan Application
Now you can easily apply for a personal loan
online, thanks to the technological advancement
you don't need to visit a bank for a pplying for
a personal loan. You need to upload KYC
documents like Aadhar Card, and PAN Card for the
verification process.
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Free Online Tools and Calculators

• Nowadays, you can easily use free online tools to
  calculate your EMI and eligibility free EMI
  Calculator and Eligibility Calculator.
• This helps you know the EMI amount for a
  repayment tenure, thus easing your overall
  personal loan journey.

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Quicker Loan Approval

• With Technology, it has become easier for lenders
  to approve personal loans for everyone. As PAN
  Cards and Aadhar Cards are linked to mobile
  numbers these days, this speeds up the complete
  process.

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Referral URL h ttps//www.fullertonindia.com/know
ledge-center/how-technology-changed-
personal-loan.aspx h ttps//en.wikipedia.org/wiki
/Loan