Uploaded on Aug 18, 2020
A personal loan is one of the best options if you need urgent funds for a short time period. Here you can find out which mode of loan application is better suited for you. Usually, there are two ways to apply for personal loans. Firstly you can visit the lender’s branch or apply online when you have time. Know what documents are required when you opting for a personal loan. Visit here: https://www.fullertonindia.com/personal-loan-documents-required.aspx
Personal Loans (Online vs Offline): What to Opt For?
Applying for a Personal
Loan
(Online vs. Offline)
ONLINE OFFLINE
Apply for online
You can only apply when
anywhere or you choose
lender official available.
the best suitable time.
ONLINE OFFLINE
Upload your documents Submit all the
online and get approval documents with a lender
instantly. official and wait for
verification.
ONLINE OFFLINE
You can compare You will have to go to
multiple offers online each lender individually
simultaneously. to compare the latest
offers.
ONLINE OFFLINE
There is no chance for Corrupt executives can
any agent to ask you for take advantage of your
additional charges. urgency and maybe ask
for money.
ONLINE OFFLINE
The offline personal loan
The entire personal loan
process takes time as
process is faster.
each step.
References
https://en.wikipedia.org/wiki/Loan
https://www.fullertonindia.com/personal-loan.aspx
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