unsecured personal loans no proof income and GST detail in india

In today's era everyone needs a loan. If you do not have the money and you want to buy something then taking a loan is a convenient option for this. Besides, in the event of a financial disaster, loan also makes our life very easy.

In today's era everyone needs a loan. If you do not have the money and you want to buy something then taking a loan is a convenient option for this.

Have you ever noticed how the financial institution giving you loans lays the interest rate on your loan? This is the role of lien loan, loan repayment time and interest rate etc. We are telling you the seven ways, with the help of which you can take a loan immediately. Before reading this story, do not forget to make sure that the loan should be taken only when it is very urgent. Always try to keep the loan amount at least.

If you can not repay the loan amount in time, you can get trapped in debt trap.

Take your Employer Loan Loan Many companies lend a portion of the salary to Impla as Advance. It can be up to six times your monthly salary. You can repay this amount from your salary for the next 24 months.
https://www.paisabazaar.com/personal-loan/

Rate of Interest: 5-8% (Many times this interest rate can also be zero.)
Benefits: You can find this amount in three days.
Disadvantages: It is a part of your salary, according to which you will have to pay tax on it. If you spend this amount on health facilities, and it is less than Rs. 20,000 then it can get tax rebate benefits.

Home Loan Top Up
 
You can take up to 50 lakh rupees as a home loan top up for a period up to 20 years. If your home loan is short, you will get the loan accordingly. The total value of mortgage and top up loan can not exceed 75% of the value of the house.



Interest Rate: 9-13%
Advantages: You can get this loan in three days.
Disadvantages: If you make a default in repaying your loan, then you will have to pay a higher price.

Personal loan
You can find this loan from 30 minutes to three days. It depend on you're rehearsal with the bank. If there is a pre-approved loan offer on your account, then the process becomes very easy.

Interest Rate: 13-24%
Benefits: Immediate payment of personal loan from your bank
Disadvantages: As a processing fee, charge is 2-3%. Apart from this, you have to pay GST on monthly installments. If the loan is paid before time, then the charge of 2-3 per cent seems different for that too.

Loan for property
If you have a home and you want to take a big loan then you can take a loan from the bank instead of that property. In this way, you can take a loan of Rs 5 lakh to Rs 10 crore. The loan period can be between 2 to 15 years.

Banks give up to 65% of the property's value. 
It is important for the house to be insured. The processing fee is 1.5-2% while the loan repayment fee is 2-3% in advance.

Interest Rate: 9.5-13%
Benefits: Low interest, getting big money
Disadvantages: It can take up to 3-10 days to take a loan.

Loans for shares
You can also take a loan in lieu of your share, mutual fund, fixed deposit or insurance policy. In case of mutual funds and shares the bank gives you up to 50% of the amount of investment. In the case of Fixed Deposit, you can get up to 75% interest on the investment amount.

Interest Rate: 9-15%
Advantages: instant payment, low interest rate
Disadvantages: If the value of the portfolio falls, then you will have to have more funds with the lending institution.

Gold loan
You can also take a loan in exchange for gold or gold jewelry held by you. Banks can give loans ranging from Rs 10,000 to Rs 25 lakh in lieu of gold value. Typically loan repayment period ranges from 6-12 months.
 
When you repay the loan amount, you get the gold placed in mortgages.

Interest rate: 10-17% from the bank, 14-26% from non-banking finance company
Advantages: Loan is available in a few hours.
Disadvantages: Asleep charge of gold can be up to Rs 250 to 2500. If you can not afford a loan, then your gold can be confiscated.

Cash withdrawal from credit card
You can withdraw up to 40-80% of your credit card limit. Sometimes credit card companies also set limits on daily cash withdrawals. In this you may have to pay over limit fees.

Rate of interest: 2-3.5% months
Advantages: Cash is available in minutes.
Disadvantages: 2.5-3 per cent of the transaction fee has to be paid. From the day you have taken the money, interest starts from that day.

For regular updates on stock market and personal finance, please click on our Facebook page.

unsecured personal loans no proof income and GST detail in india

unsecured personal loans no proof income and GST detail in india

In today's era everyone needs a loan. If you do not have the money and you want to buy something then taking a loan is a convenient option for this. Besides, in the event of a financial disaster, loan also makes our life very easy.

In today's era everyone needs a loan. If you do not have the money and you want to buy something then taking a loan is a convenient option for this.

Have you ever noticed how the financial institution giving you loans lays the interest rate on your loan? This is the role of lien loan, loan repayment time and interest rate etc. We are telling you the seven ways, with the help of which you can take a loan immediately. Before reading this story, do not forget to make sure that the loan should be taken only when it is very urgent. Always try to keep the loan amount at least.

If you can not repay the loan amount in time, you can get trapped in debt trap.

Take your Employer Loan Loan Many companies lend a portion of the salary to Impla as Advance. It can be up to six times your monthly salary. You can repay this amount from your salary for the next 24 months.
https://www.paisabazaar.com/personal-loan/

Rate of Interest: 5-8% (Many times this interest rate can also be zero.)
Benefits: You can find this amount in three days.
Disadvantages: It is a part of your salary, according to which you will have to pay tax on it. If you spend this amount on health facilities, and it is less than Rs. 20,000 then it can get tax rebate benefits.

Home Loan Top Up
 
You can take up to 50 lakh rupees as a home loan top up for a period up to 20 years. If your home loan is short, you will get the loan accordingly. The total value of mortgage and top up loan can not exceed 75% of the value of the house.



Interest Rate: 9-13%
Advantages: You can get this loan in three days.
Disadvantages: If you make a default in repaying your loan, then you will have to pay a higher price.

Personal loan
You can find this loan from 30 minutes to three days. It depend on you're rehearsal with the bank. If there is a pre-approved loan offer on your account, then the process becomes very easy.

Interest Rate: 13-24%
Benefits: Immediate payment of personal loan from your bank
Disadvantages: As a processing fee, charge is 2-3%. Apart from this, you have to pay GST on monthly installments. If the loan is paid before time, then the charge of 2-3 per cent seems different for that too.

Loan for property
If you have a home and you want to take a big loan then you can take a loan from the bank instead of that property. In this way, you can take a loan of Rs 5 lakh to Rs 10 crore. The loan period can be between 2 to 15 years.

Banks give up to 65% of the property's value. 
It is important for the house to be insured. The processing fee is 1.5-2% while the loan repayment fee is 2-3% in advance.

Interest Rate: 9.5-13%
Benefits: Low interest, getting big money
Disadvantages: It can take up to 3-10 days to take a loan.

Loans for shares
You can also take a loan in lieu of your share, mutual fund, fixed deposit or insurance policy. In case of mutual funds and shares the bank gives you up to 50% of the amount of investment. In the case of Fixed Deposit, you can get up to 75% interest on the investment amount.

Interest Rate: 9-15%
Advantages: instant payment, low interest rate
Disadvantages: If the value of the portfolio falls, then you will have to have more funds with the lending institution.

Gold loan
You can also take a loan in exchange for gold or gold jewelry held by you. Banks can give loans ranging from Rs 10,000 to Rs 25 lakh in lieu of gold value. Typically loan repayment period ranges from 6-12 months.
 
When you repay the loan amount, you get the gold placed in mortgages.

Interest rate: 10-17% from the bank, 14-26% from non-banking finance company
Advantages: Loan is available in a few hours.
Disadvantages: Asleep charge of gold can be up to Rs 250 to 2500. If you can not afford a loan, then your gold can be confiscated.

Cash withdrawal from credit card
You can withdraw up to 40-80% of your credit card limit. Sometimes credit card companies also set limits on daily cash withdrawals. In this you may have to pay over limit fees.

Rate of interest: 2-3.5% months
Advantages: Cash is available in minutes.
Disadvantages: 2.5-3 per cent of the transaction fee has to be paid. From the day you have taken the money, interest starts from that day.

For regular updates on stock market and personal finance, please click on our Facebook page.

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