New Delhi, March 12 -- Personal loans are generally taken in India for satisfying one's current financial needs, but do remember a higher rate of interest can increase repayment difficulties. Now, it is interesting to note that, even when you've taken a loan, there are certain methods which you can adopt so as to lower your personal loan rate of interest and lighten your overall financial burden.

Below are some important points to take into consideration, so that you can aim at reducing your personal loan interest rate, even post availing a loan:

It is essential to have a good credit score so that you can obtain good terms of a loan. A good credit score informs and assures the lender that you are a reliable borrower, for which you get l...