A personal loan is an unsecured loan which can be used to meet immediate financial needs such as marriage, vacation, home refurbishing or interiors, paying off credit card bills, and others. Since, these loans are unsecured and do not require any security or collateral, they are much easy to obtain. Personal Loans are the most preferred type of financing among millenials because they are quick to obtain, need lesser documentation and are multipurpose. For faster loan processing, and a variety of options to choose from, and low interest rates, apply online for a Personal Loan with mymoneymantra.
Note on part prepayment
Amount - How much do you want to part prepay?
Month - When do you want to prepay? If you availed your loan in Jan’16 and want to part pay in Jan’17, then please enter 12 months.