personal loan eligibility

You may require emergency funds for different reasons like home renovation, the wedding of a family member, medical treatment, debt, repayments, deal with losses in your business, etc. If you did not plan in advance and do not want to drain your savings, consider applying for a personal loan. Personal loans are mortgage-free and you can repay back in EMI (Equated Monthly Instalments). But there are certain personal loan eligibility criteria, that you have to fulfil since the lenders place much importance on them. Read on to know about the conditions and documentation process of personal loans in detail. The…