Check Your Personal Loan Eligibility Before Applying For It

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Check Your Personal Loan Eligibility Before
Applying For It
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Check Eligibility of the Loan amount

• Personal loan eligibility calculator is a tool
  that enables borrower to experiment with the loan
  amount, rate of interest, repayment term, etc.
• This customized results helps the borrower to
  figure out the required loan amount that suits
  the best to his/her income.
• This tool is free of cost.
• A rejected loan application harms your Credit
  Score.
• It is better to know in advance about minimum EMI
  to be paid and how much loan amount one apply
  for.
• Increases the chances of loan approval.
• It assists the borrower in making informed
  decisions.

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Tips to boost your loan eligibility

1. It is recommended before applying for a new loan,
   you dont have existing loans or EMIs. It is
   better to clear them off. If there are loans in
   your account, then the lender consider it as a
   risk. As your loan repayment capacity can be
   compromised.
2. Maintain a good Credit Score by paying existing
   EMIs and Credit card bills on-time or
   before-time.
3. Choosing a longer tenure for a loan increases
   your eligibility. It signifies to the lender that
   the borrower can repay the loan for a certain
   time in the future. Hence, no risk evolve for the
   lender.
4. If you have any residential or commercial
   property on rent then the rent you earn from it
   is known as rental income. A rental income is a
   good add-on to your existing financial situation
   when you apply for the loan.

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ICICI Bank Personal Loan Eligibility Calculator

• The steps for using the ICICI Bank personal loan
  eligibility calculator
• Visit the website of the ICICI Bank.
• Select the Check your Eligibility option.
• Enter basic details like the city you live, date
  of birth, first name last name, select your
  relationship with the ICICI Bank from the
  dropdown, select your type of employment from the
  dropdown and tick on the declaration.
• Lastly, click on the Check Eligibility button and
  you are done.

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Benefits of ICICI Personal Loan

• Quick Loan Approval
• Online Loan Process
• Simple Minimal Documentation
• Repayment Flexibility
• User-friendly Interface
• No Security Needed
• No Borrower faces funds delay on ICICI Personal
  Loan

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Thank You !!!