A Comprehensive Guide on Peer2Peer Lending and How It Works

Leveraging the limits of the traditional credit system, Peer2Peer lending has become popular across the country in recent times. It is a system where: People borrow within the communities to meet their financial requirements There is no involvement of an official financial institution  To know more about this new lending system, how it works, the …

Getting a Personal Loan with a Credit Score of 650

If you are planning to apply for a personal loan for CIBIL score of 650, you may wonder whether lenders will approve your request. The good news is that a score of 650 is still considered fair. Your income, employment stability and overall repayment capacity also play a major role in the decision.  While a …

Punishment for Non-payment of Personal Loans in India

Taking a personal loan can ease your financial burdens, but defaulting on repayment can be a serious issue. Many borrowers wonder: ‘Can I go to jail for not paying online loans’ in India?   Let’s explore the legal consequences of non-payment, understand the rules and rights of both lenders and borrowers and learn how to navigate …

Personal Loan for Corporate Employees: A Quick Guide

A personal loan for corporate employees is an easily accessible and popular credit option. This unsecured loan is customised for employees of large organisations so that you can get it quickly and affordably. Whether you are a government employee or working at an MNC, you can manage sudden and planned expenses without burdening your budget …

Personal Loan for Gifting: 5 Ways To Make Your Celebration Special

Availing of a personal loan for gifting is a straightforward and rapid solution for arranging the funds you need. The funding you get comes with no restrictions, so you can use it for umpteen expenses, including giving special gifts to your loved ones.  Read on to know why you should choose a personal loan for …

Can we take two personal loans at a time: All you need to know

‘Can we take two personal loans at a time?’ is a common question you may have when you need substantial financing. The good news is that you do so. These additional funds allow you to handle various unexpected or planned expenses like: Read on to know more about getting two personal loans simultaneously, important things …

Mortgage Loan vs Personal Loan: Key Difference

The main difference between a mortgage loan vs personal loan is simple. A mortgage loan is a secured loan backed by property, while a personal loan is unsecured and can be used for many personal needs. This one decision affects your interest rate, loan amount and repayment period as a borrower. If you are confused …

RBI Guidelines for Personal Loans in 2026: Detailed Borrower’s Guide

The RBI guidelines for personal loans set the rules that every bank and NBFC must follow. These guidelines decide how lenders charge interest, verify applications, share loan details and recover EMIs. They exist to keep the borrowing process fair, transparent and safe for every customer. They also protect you from hidden charges and unethical recovery …

Need a Small Personal Loan? All you need to know about mini loans

Several lenders offer small personal loans online, making them easily accessible and therefore, a popular option. These short-term loans are best suited for tackling your small needs. You can get the required funds quickly and repay comfortably in your chosen tenure. Some of the ways in which you can use the funding are:  Managing medical …