Saturday, May 16, 2009

Reason behind popularity of online personal loan these days

What do you think about online process? You may say that this is true a great factor in current generation not because it is advance but because it’s like a shopping mall where everything is flocked and you can easily find what do you want. In same fashion it is also very much true that find an affordable personal loan from an online lender in not a difficult task.

Online personal loan is a category of loan which is provide by online lenders and getting popular day by day. Reason of its popularity is not only because it is so fast in service there are so many other reason also and let know about them .

1) Online personal loan is available for you of your any personal needs; it may be debt consolidation, business updating, car buying and anything which is personal.

2) It is available online in both secure and unsecured format.

3) Bad credit holders can also apply for these loans and they will be providing a chance to improve their credit score by pay their repayment on time.

So online personal loan seems to be very much user friendly and any one can apply for it whether he has bad credit history or good credit history.

Friday, May 15, 2009

Punjab national bank new personal loan credit scheme- find detail online to apply personal loan

The famous Indian bank PNB is now proving personal loan for people to meet all type of personal needs and these personal loan are only applicable for Indians.

To find criteria of bank just click here and see full and brief review of PNB personal loan requirement.

Mainly personal loan repayment age is up to 5 years to 25 years and you will get it on a affordable interest rate to view full interest rate chart just search online for PNB interest rate for personal loan or click here.

Amount of your personal loan will be minimum Rs-50000 and maximum it may be around Rs-400000. And you have give guarantee that should be acceptable to the bank.

There will be some document charges and they are like:

1) Rs.270/- upto Rs.2 Lac + Service Tax and Education Cess
2) Rs.450/- over Rs.2 Lac + Service Tax and Education Cess

There will be some relief in personal loan if you are Employees of Govt./Institutions / Army Officers

To find full details of personal loan scheme of Panjab national bank , India just log on to