Know Pros & Cons of Long Term Personal Loan
                     Know Pros & Cons of 
Long Term Personal Loan 
Pros of personal 
loan
 Flexibility in use: A personal loan is 
flexible and you can use the fund for 
anything you wish. Be it a small purchase 
or a large investment, a personal loan gets 
you covered. It helps you to meet all your 
expenses without any obligations.
 Quick approval: In a personal loan you get 
instant credit in your account. It gives you 
access to funding when you need it. If you 
don’t have money when you need it, it is 
not worth it. In a personal loan, the 
disbursement happens within a very short 
period. You get funds when you wish to 
have them.
No collateral: A personal loan will not ask 
for any collateral. It is an unsecured loan 
and you don’t need to give away any kind 
of security or property with the bank. You 
can apply without any collateral.
Easy repayment: There will be 
repayment flexibility. You can choose 
your tenure and then go on to choose 
your EMI as per your capability to pay.
Cons of personal loan
 High-interest rate: In a personal loan you 
may get a loan at a high rate of interest. 
There may be a situation where you are 
charged a high rate of interest that makes 
an EMI burden to your income.
 Credit eligibility: To get a personal loan, 
there will be a lot of eligibility criteria set. 
Since it is an unsecured loan, you need to 
keep up a good credit record to get a 
loan.
Apply Personal loan In 
Bangalore
A personal loan is the 
best option if you need 
funds for an urgent need 
or a short period. It can 
be availed for any 
purpose. Apply for 
personal loan in 
Bangalore online on Clix 
Capital by just filling a 
few personal details.
Address: 4th Floor, Kailash Building, 
Kasturba Gandhi Marg, Connaught Place, 
New Delhi-110001
Phone: 1800 200 9898
Email us: [email protected]
Website: www.clix.capital 
Clix Capital Services Private 
Limited
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