Monday 3 November 2014

How to find your personal loan eligibility online using BankBazaar.com

A common anxiety of many people who plans to take loans is about the EMI. How it would be? How to plan the finances to manage the EMIs? What is the ideal tenure to opt for to manage the EMI? The doubts go endless. The convenience of knowing your EMI in advance helps a lot for everyone not only to plan their finances in advance, but also to make plans on how much they should borrow, how much to make other arrangements etc, especially if someone is taking personal loans for  expenses like wedding, overseas travel, home renovation etc.

BankBazaar.com's personal loan eligibility calculator tool  is an ideal and easy to use tool for anyone to know their eligible loan amount, EMIs and thereby plan their finances well in advance. With this tool which can be operated from your home, office or even on the go, you can know your personal loan eligibility, EMI, plan your tenure or even get a pre-approval from the bank of your choice in few clicks.

How to use BankBazaar.com's Personal Loan Eligibility Calculator

If you are looking out to take a personal loan, unlike previous years you need not visit several bank branches or talk to the executives of various banks to get the best deal. All you need to do is go online at BankBazaar.com, check the best options provided by all the banks of your choice and zero down to a preferred bank. You can also check with BankBazaar’s forum to see how various customers have been telling about the bank and its personal loans.

Now after choosing the bank, you need to enter few personal and official details on the online application form provided by BankBazaar.com. This includes you name, date of birth, address, office name, monthly salary, other liabilities and few others like loan amount you wish to apply and preferred tenure. 




On entering this BankBazaar.com’s personal loan eligibility calculator tool instantly checks your personal loan eligibility as per the particular bank’s norm and let you know if you are eligible for the loan. If you are not eligible to the applied quantum of loan, the online eligibility calculator tool will let know the maximum loan amount possible for you from that bank. If suppose you are not eligible for a personal loan able under any income related circumstances, the tool will let you know about this instantly, so that you have the option to check with some other bank using the same tool and without leaving the page.


BankBazaar.com’s personal loan eligibility calculator tool is easy to use and anyone who has very little knowledge about internet can easily operate it. Once you have confirmed your preferred loan amount and tenure you can click submit to submit your online application with the bank of your choice. BankBazaar.com sends you an instant loan pre-approval and a number for tracking your loan further with the bank. The details you entered on BankBazaar.com, along with your customer number will be electronically transferred to the concerned bank’s branch nearest you, so that you can get in touch with the bank, or the bank representative may call you for submitting the documents in original.

0 comments:

Post a Comment