• Bridge Loan : A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. It is usually called a bridging loan in the United Kingdom, also known as a "caveat loan," and also known in some applications as a swing loan
• VA Loan : A VA loan is a home mortgage backed by the Department of Veterans Affairs (VA). Those who served or are actively serving in the Armed Forces or National

• No end-usage restriction

• Interest rate starting from 12.36% per annum

• Repayment tenure of up to 4 years, which may exceed on case to case basis

• Personal loans are available for periods as short as 12 months. The average tenure for a Personal Loan is between 12 and 45 months, depending on the loan amount.

• Minimal documentation

• When there is a cash crunch

• Paying for a holiday

• Debt consolidation from other loans or credit cards

• Buying high-end electronic gadgets, household appliances, wedding expenses, emergency medical expenses, home renovations, etc.

• Creating high value purchases

Online Apply Through The Bank’s Website

• Go to the bank’s website.

• Under the loans section, choose personal loans

• Click on ‘Apply Now’

• Enter the details in the application form and submit

• The bank will evaluate your application and ask you to submit the required KYC documents.

• You can apply for a personal loan online, with a bank, or any financial institution.

• The official website of most of the banks and NBFCs have the facility to apply for a personal loan with a single click.

• Your personal loan eligibility is decided based on various factors like your credit score, income, age, employment type, and a few other factors.

• If the financial institution feels that your eligibility criteria are favorable, they will approve your personal loan and disburse the amount into your account.

• Now, the personal loan amount could be disbursed as cash into your account or the lender may provide you with a pre-loaded card that can be used for your purchases.