Festival Loan: In India, festivals are of great importance, and by celebrating with full fervor and enthusiasm, we increase our expenses. Festival loan is a short-term loan that the bank offers to meet your expenses. Since the expenses of most festivals are not very high, the loan limit for these types of loans is very low. And also, its interest rate is also low.
Home Renovation Loan: You do not renovate your house every day, that is why it is better that you make all the changes at once. With a home renovation loan, you can do this without exhausting your savings. Another benefit of this loan is that the interest you pay on it gets a tax exemption of up to Rs 30,000.
Loans against consumer use items: Every day, some new and better technology is emerging in the market. Do you like to keep up to date with information about consumer use items like electronic appliances and home appliances? If yes, then you don't have to worry about money. Loans on consumer use items are specially designed to meet these needs.
Marital Loan: Most people have to have a fabulous wedding, but not everyone can do it. A matrimonial loan is a great way to take care of some or all of your wedding needs. Which includes expenses or decoration expenses for sarees or jewelry. Many people choose such loans so that their expenses go away with less worries.
Holiday Loans: Not sure how to spend your plain savings in your next family trip? With a holiday loan, you can enjoy your vacation and enjoy your savings. The interest rate of this type of loan is slightly higher than other loans but still it is a good idea when you know that big expenses are in front of you and you need time to arrange money. The total loan amount for which you are eligible depends on your vacation location and previous credit.