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You can use a personal loan for most of your financial needs - for the expenses of a medical emergency, your child’s education, to consolidate debt, or even manage the finances of a home renovation project.(Shutterstock)

Applying for a personal loan? Improve your eligibility first

UPDATED ON JUN 30, 2020 04:02 PM IST
Usually, personal loan eligibility depends on factors such as your age, city of residence, salary and employment, financial standing, and existing debt.
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A good rule of thumb to follow to avail the loan is to meet the lender’s eligibility criteria(Bajaj Finserv)
A good rule of thumb to follow to avail the loan is to meet the lender’s eligibility criteria(Bajaj Finserv)

Five factors that affect your personal loan approval

By Brand Post
UPDATED ON AUG 01, 2019 06:18 PM IST
Getting them right can help you access funds quickly and fulfil your financial needs with ease.
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