With Diwali just a few weeks away, you and your family are probably making a list of all that you want to buy for the celebrations. New clothes, appliances, jewellery, and gadgets are usually top your list, along with the expenses to redecorate your home. To ease yourself of the financial burden, you can avail a Personal Loan in Mumbai. In fact, the Diwali season is one of the best times to take a loan as most Business Loan providers in Mumbai launch a wide range of offers and schemes for the benefit of customers.
Read on to learn about some of the most popular benefits you can avail, with a Personal Loan Diwali offer.
Interest Rate Discounts
Come Diwali, and lenders give out a slash in Personal Loan interest rates. Additionally, banks also offer schemes, which are especially designed for government employees and defence personnel. So if you fall into this category, you may get a bigger discount than others. Sometimes, salaried individuals are also offered partial waivers on the existing rates of interest.
Always enquire about such discounts before deciding upon a lender. You can also use a Personal Loan EMI calculator to figure out which financial institution gives you benefits that suit your requirements and financial stability.
Fee Waivers
One of the best Personal Loan offers in Mumbai that you can avail is a complete waiver on documentation charges, processing fees, prepayment penalties etc. Though it might not seem like big amounts individually, a sum of all these charges can turn out to be quite a high figure. So why not make the most of such an offer and save every rupee possible?
Contests
Lending institutions also organise contests for their potential customers. For example, if you apply for a Personal Loan and participate in their contests, you can win prizes like a MacBook, a Sony TV, online shopping vouchers, an air conditioner, etc. Some banks and NBFCs also give away cash-back offers to the winners. So, taking a Personal Loan this Diwali can even help you bring home an additional big bonus!
Referrals
Banks and NBFCs have also launched referral systems, where you are rewarded for referring your friend or relative to your lender. The more the number of people you refer, the more you will earn.
Festival Loan
To help you meet all your festival-related expenses, banks often launch festival loans during the Diwali season. This is a Personal Loan with lower interest rates. This allows you to celebrate the festival of lights with grandeur, bringing joy to you and your family.
To get the best Personal Loan in Mumbai, begin by comparing all the Diwali offers and schemes. A comparative analysis helps you narrow down your choices and help you find a lender with the best rates and offers. Shop, celebrate and enjoy the festival of lights with Personal Loan!
