New Delhi, April 7 -- Personal loans are easy solutions for immediate financial needs, such as paying hospital bills, funding higher education, or renovating your home. However, high interest rates can make repayment a burden.

Leading banks in India, including HDFC Bank, SBI, ICICI Bank, Aditya Birla Capital, among others, charge interest rates starting from 10.15% up to 30%. That's why it is important to choose the best loan option, factoring in key aspects like interest rates, repayment terms, flexibility provided, processing fees, and more.

Here are six practical tips to help you secure a personal loan at a competitive rate and make the entire process seamless.

Your credit score is your financial report card. A credit score above 75...