Personal loans: What is an instant loan? All you need to know

Personal loans: What is an instant loan? All you need to know

Instant personal loan is a type of unsecured loan which gives quick access to money with minimal documentation and fast approval, sometimes within minutes or a few hours. Instant personal loans are generally offered by banks, non-banking financial companies (NBFCs), or fintech lenders and are quite handy to address short-term financial needs, which include but … Read more

Credit Cards: Can banks levy GST on interest component of personal loan EMIs?

Credit Cards: Can banks levy GST on interest component of personal loan EMIs?

If you want to raise an instant loan to meet immediate financial need which could range from a medical emergency to paying for a vacation, make sure that you get the best deal possible. One of the key factors to consider is that the interest on personal loan does not carry any GST on it. When a … Read more