Personal Loans are generally sanctioned by commercial banks as Clean Loans i.e. The loan is not secured by any tangible security. As the risk factor in clean loans is higher is higher than that in secured loans, the rate of interest and other charges in personal loans are higher.
Any legitimate purpose whatsoever (e.g. expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability, such as marriage of son/daughter, educational expenses of wards, meeting margins for purchase of consumer durables, vehicles, other assets etc.)
the personal loan limit is determined by your income and repayment capacity.
It is suggested that before finalising your deal for personal loan with a bank, you make detailed enquiries from various banks regarding the rate of interest, processing charges, prepayment charges and other charges. An informed decision will result in substantial saving in the cost of the loan.
|Income Tax Slabs AY 2017-18||Income Tax Calculator AY 2017-18|
|Income Tax Slabs AY 2018-19||Income Tax Calculator AY 2018-19|
|Advance Tax Calculator||Indexed Cost & LTCG Calculator|
|Intt. u/s 234 Calculator||ITR Form no. & Mode of Filing|
|TDS Rates AY 2017-18||TDS Calculator AY 2017-18|
|Income Tax Calculator (Non-Individuals) AY 2017-18||Income Tax Calculator (Non-Individuals) AY 2018-19|
|Allowable Deductions||Incomes Exempt from tax|
|Maximize Tax Savings||Challan 280 in Excel|
|TDS Form 16 in Excel||PPF Calculators|
|Sukanya Samriddhi Calculator||Fillable forms in Excel/Word/PDF|
|Small Savings Calculator||View 26 AS|
|Fillable PAN TAN forms||Fillable VAT forms|
|Fillable Post Office forms||Fillable RTO forms|
|Ramayana Prashnavali||Taxability of Allowances|