How to apply for a personal loan from Livemint? A step-by-step guide | Mint

A personal loan provides a convenient method of funding unexpected travel, house repairs, weddings, or doctor’s bills. Through the provision of an easy online portal that connects borrowers with top Indian lenders, Livemint makes the loan application process simpler. A step-by-step guide on how to apply for one through Livemint will be covered here.

What is a personal loan?

A personal loan is an unsecured loan without collateral that banks or other financial institutions provide. Borrowers can use the loan amount for any purpose without end-use restriction. Based on the lender’s conditions, these loans have fixed interest rates and time intervals of repayment varying from a couple of months to a number of years.

How to apply for a personal loan from Livemint?

Applying for a personal loan from Livemint is an easy and hassle free process, follow the below steps to apply.

In conclusion, the process for applying for a personal loan through Livemint is simple and assures that applicants will have few challenges getting the best borrowing offers. Before applying, it is important to assess your ability to repay the loan, compare options, and apply for the option that best meets your finance needs.

Disclaimer: Mint has a tie-up with fin-techs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.