New Delhi, Feb. 24 -- If you are looking for apersonal loan and you have a couple of offers in hand from different banks, it is vital that you opt for the one which suits you the most. For instance, when it comes to the interest rate, you are recommended to opt for the bank which charges a lower rate of interest but make sure to factor in processing charges before zeroing in on the bank.

These are some of the key factors that you should consider before you take a final call.

I.Interest rate: At the outset, you should compare theinterest rates of different banks. And obviously, you would choose the one which is the lowest of all.

II.Bank's reputation: Another key factor that you need to consider is the reputation of the bank. For instan...