Short term Personal loans - Answering a Few common questions

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Short Term Personal loans - Answering a Few
common Questions
If you are in sudden need and trying to gather
information about short-term personal loans, then
this guide can help you through thick and thin
with various answers to all your questions and
doubts. It is very essential to stay updated
before you jump and go for a personal
loan application. See-through the various
questions and find answers to all your doubts.  

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What is a short-term personal loan? 

• A short-term personal loan is a debt given off
  for a short period. Such a type of loan is
  available only for a short period and you need to
  pay back the amount within that time. You may
  need a small number of funds instantly, and that
  is how a short-term personal loan can work. It
  comes with a low tenure and finishes off quickly.

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What is the tenure of a short-term personal loan? 
A short term loan is available only for a short
period. You can expect to go for tenure for 24
months. You can choose your tenure within that
and pay off the entire loan amount in easy
installment. This will ensure that you meet your
short-term cash requirement and finish off the
debt within a short period.
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• What is the interest rate of a short-term
  personal loan? 

• The short term instant personal loan comes with a
  high rate of interest as compared to a long term
  loan. The tenure is less and the rate of interest
  is high. You will have to pay a high rate of
  interest compared to long tenure, as it will end
  within a few months. So, if you require
  short-term cash, then only go for a short-term
  personal loan with a high rate of interest.

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• What are the documents needed? 

• For a short-term personal loan, you will need
  your Aadhar card, Pan card, address proof, income
  proof, employment proof, bank account statement,
  and other documents. A personal loan
  calculator will help you manage your debt and get
  the right EMI amount. Use the debt amount in the
  right way and pay it off on time, to manage
  finances well.

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Clix Capital Services Pvt. Ltd.

• Address
• 901b, 9th Floor, Two Horizon Centre, DLF Phase V
• Gurgaon, Haryana, India 122002
• Phone Number 1800 200 9898
• Website https//www.clix.capital/personal-loan/

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