Salaried Personal Loan

A personal loans a type of loan that an individual gets without keeping any security or collateral to the lending bank. As it does not contains any security it is at a high risk for the lender and usually have a high interest rate. In salaried personal loan the lender checks the monthly salary of an individual and if he fits to the norms of minimum salary requirement of the lender then the individual will be provided by the loan. The minimum salary requirement of an individual is different for various banks.

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