Want to get a low interest personal loan to set your financial situation under control? You are at the right spot. At financenu, we assist you to get the best loan offerings according to your needs with the least interest rates and most conveniently. Taking on a personal loan at a low interest rate would be a big favour to your pocket, be it to consolidate debt, finance a medical emergency, home renovation or finance education.

What are the reasons behind low interest personal loans?

A low interest personal loan is one of the financial products that will enable you to borrow money at a competitive rate of interest and in most cases at a non-collateralized basis. Among the most important factors that one has to consider when taking a loan is the interest rate. A lower rate signifies a slower EMI, reduced total amount of finance paid, and over a long period it will generate less financial strain.

This is one thing that financenu is aware of and hence works hard to connect you to banks and NBFCs that provide loans with reasonable interest rates depending on your profile. You may compare the rates and characteristics of loans and select the most suitable one on the basis of your special needs in association with our trusted lending partners.

Seven main advantages of Low interest personal loans in Financenu

1. Competitive rate of interest

Our affiliated lenders give out some of the best interest rates possible. We assist you to take a low interest personal loan which depends on your credit score, your income and your repayment ability.

2. Convenient Online Application

It is fully-online, and you can receive a loan with Financenu. There are no long queues, and no paperwork frustration. All you need is to go to https://www.financenu.com/personal-loan and enter a quick form.

3. Fast Quotation and Release

The loan is issued to your bank account as soon as your documents are checked and once the application is accepted, which can take a maximum of 24-48 hours.

4. No Securities Needed

The majority of cheap interest personal loans we have available in our system are unsecured, which means that you do not have to provide any asset or property to guarantee money.

5. Adjustable Term Loan

Select a term of repayment that meets your financial capacity monthly. Partner lenders of Financenu have a loan tenure of 12 to 60 months.

6. Transparent Process

We are of the opinion that transparency matters. No fine print, no surprise just after you signed. Before you make a commitment, you have a clear outline of processing fees, prepayment charges, as well as other costs.

Financial Enu Financial How to Get a Low Interest Personal Loan

Step 1: See If You Qualify

Check out our online site and see the eligibility calculator in a simple way. This assists you in knowing your eligibility for a low interest personal loan in relation to your profile.

Step 2: Loan Apples to Apples

We give you individual lending proposals of several lending options. Compare the interest rates, the amounts of EMI, tenure and processing fees.

Step 3: Online Application

Enter the details on the application form and attach your supporting documentation (that is, PAN, Aadhaar, income proof, and bank statements).

Step 4: Approval and Disbursement

As soon as your loan is accepted, the money will be securely transferred to your bank account.

The greater the number of factors working against your interest rate, the higher your interest rate will be.

Factors That Affect Your Loan Interest Rate

Though the process of taking a low interest personal loan may be made with the help of Financenu, the actual interest rate will still be dependent on a variety of variables:

1. Credit Score: Better credit scores are likely to lead to lower interests.

2. Income: Stable income will ease the lenders on whether one will be able to settle the loan.

3. Employer Profile: You have a better chance to work with a reputed company.

4. Current Debt: Low Current EMIs will get you the better deals.

5. Tenure: Short tenures can deal with cheaper lending rates.

You can never miss the best personal loans in future provided that you keep your credit profile intact and also have a great repayment record.

Why Financenu?

We want the process of financing to be efficient and free of stress at Financenu. Millions of users have used our website to compare and find the justifiable personal loans in India. We are the right platform to take a low interest personal loan and be confident because of our technology, partnerships and customer service.