Personal Loan

A Personal Loan is an unsecured loan offered by banks and NBFCs to meet urgent financial needs such as medical expenses, education, weddings, travel, home renovation, or debt consolidation. Since no collateral is required, approval is based on income, credit score, and repayment capacity.

Personal loans come with fixed EMIs, quick approval, and flexible usage, but they carry higher interest rates compared to secured loans. They are best used for genuine needs and should be taken only when repayment is comfortably manageable.

With My Advisers, borrowers receive expert guidance, access to multiple lenders, transparent terms, and support in choosing the right loan amount and affordable EMI, ensuring financial stability rather than stress.