5 Personal Loan Apps With the Affordable Interest Rates in India
Due to the introduction of personal loan apps, accessing credit no longer requires completing lengthy paperwork or multiple bank visits. Among the various options available, a few offer s affordability and transparency in interest rates. Choosing the right app is important as it ensures swift disbursal and affordable borrowing costs in the long term. This article lists five personal loans along with their features that make them preferable for different kinds of borrowers. PaySense PaySense can be preferred for its simple and swift application process. It offers personal loans to both salaried and self-employed individuals, along with options for customising EMIs. Interest rates are structured while prioritising affordability. This is especially for borrowers with a steady income. The app also allows borrowers to consolidate multiple loans into one to reduce the repayment responsibilities. All the charges and repayment terms are provided before loan approval to en...