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A personal loan does not require any collateral or security and can be obtained with minimal documentation. Just like most loans, however, they must be repaid in monthly instalments.
You can use it to fund any expense including education, a wedding, a trip, home renovation, medical expenses, and even to buy a gadget. You can even use the money to help out with the day-to-day expenses in case of a cash flow crunch.
You can get a re-payment tenure that suits your needs. And then you have to make the payments in equated monthly instalments or EMI. This instalment amount is calculated using the loan amount, the payment tenure, and the interest rate.
Visit at : https://www.quickfinanceservice.com/hdfc-personal-loan/
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