To cater to the ever-evolving financial needs of today’s engineers major lenders such as NBFCs offer unsecured, custom personal finance. This is a hassle-free financing option which can be availed upon meeting the eligibility criteria of the loa provider.
There are many benefits of this personal loan for engineers-
- Engineers can easily apply for personal finance for engineers online via the lender’s official website. The process is secure and does not require elaborate paperwork.
- Engineers can avail up to Rs. 25 lakhs of high value loan at an affordable rate of interest and flexible repayment tenure ranging between 12 to 72 months.
- This is an all purpose loan which can be used to cater to several financial obligations of the engineer’s such as travel, wedding, higher studies, to name just a few.
- Being unsecured in nature the loan can be obtained without having to pledge any collateral toward it.
- Upon meeting the criteria of the lender eligible applicants can avail instant approval and quick disbursement of the loan.
- The loan can be maintained online and tracked from anywhere, at anytime letting you take decisions faster and to manage the loan better.
- Lenders offer the Flexi loan facility to manage the loan well. According to this unique feature you can borrow as per your needs from the loan amount sanctioned on a daily basis. Interest is charged on these daily withdrawals which helps to keep the EMIs lower by up to 45%. Thus, letting you repay the loan without affecting your routine expenses.