Personal Loan Application Status – Check Now

Personal Loan Application Status. We all are well aware about the process of banks and finance companies. Some time ago lots of loan applications were pending for processing in PSU banks due to heavy work load and less manpower. Due to the same customers had to follow up with the concern bank and checked their loan application status.

Normally only government banks were proving the loan facility before incorporation of private sector banks in India. But now time has changed and private sector banks has come in to market and they are providing huge funding on all kind of loans, banks are offering secured and unsecured both types of loans in market. Apart from loans, banks have some very attractive cash credit, over draft facility against fixed deposit or against gold or machinery. Customer did not need to check loan application status from private sector banks.

Personal Loan Application Status – DealsofLoan

Another very good product they are providing bank guaranty against the delivery. Banks providing home loans and mortgage loan for new and old property means loan is available for resale property also. Banks provide approximate fine value as loan taken against  security collateral of customer’s residential or commercial property. Unsecured loan is one of the fastest growing loan products in market. There are three types of unsecured loan available in market namely Personal loan, Business loan and consumer durable loan. Banks provide a wide range of personal loan & business loan product program on banks to bank basis. Minimum loan amount start from Rs. 50 thousand and goes upto  30 lacs. Interest is the key factor in any loan. All the banks customers want to get the loan service at lowest interest rates. Generally, banks provide competitive interest rates on all loans.

Normally personal loan and business loan is availed in market on an average rate of  13% to 22% per year and reducing balance basis. HDFC, ICICI, AXIS and KOTAK are providing the very competitive interest rates of personal loan & business loans. Apart from unsecured loan, these banks are providing a wide range of Secured Personal Loan product program which cater maximum customer base. Check your loan application status online.

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