New Delhi, June 18 -- Think about a loan offer without applying for a loan? Does that sound strange? A pre-approved personal loan is exactly that, an offer from lending institutions such as a bank, or non-banking financial company (NBFC), that have estimated their eligibility based on their financial profile and credit rating.
Let's focus on everything you need to know about this simple and easy loan option.
A pre-approved personal loan is a direct loan offered to a specific group of people who meet certain eligibility criteria set out by a lender. Typically, pre-approved personal loans are given to:
Whether the paperwork is limited or not, it is much easier than a normal loan. Generally, the offer is received by email, SMS, internet b...
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