Need Of Bad Credit Personal Loans In India
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Need of Bad Credit Personal Loans in India

Junior Marketing Manager
See interview of Anu  Gupta
So, now you must be thinking why I choose these to be written. Personal loans are good; they are even approved in few time periods, then why Bad Credit Personal loans now? Well I have an answer to your question; you might have heard something called as CIBIL score as they call it in India or Credit Score history, as they call it in other foreign countries. It is one and the same thing, just having different names with same format.

If you are able to meet some eligibility criteria’s, then getting Bad Credit Personal loans is not an issue. Bad CIBIL score is a result of various precipitous transactions in your account, including Non payment of previous loan instalments for 2-3 continuous times, delaying payment of credit cards often, loan enquires at multiple places, instant closing of multiple credit cards, large amount of deposits and withdrawal of amount from the savings account.

Now, if you are meeting following eligibility criteria, then you can get some very good deals for Personal loans with bad credits online too.

  1. Must be 18 years or more in Age(Applicant must not be a minor Citizen).
  2. He/She should have a Indian Citizenship proof, which includes PAN Card, Election Voting Card, Aadhar Card, Valid Driving Licence of any Indian State.
  3. Applicant should be Salaried or Self Employed person.
  4. He/She should have a stable source of income to pay the instalments on time.

All the banks with few private institutes are offering Bad Credit Personal loans now, and getting a deal that meets your requirements and eligibility criteria both will surely keep customers in a win-win situation.

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