Short term Personal loans - Answering a Few common questions
                     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.
 
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.
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.
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.
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.
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/