CONSUMER LOAN APPLICATION (APPCENTER VERSION) 2025

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Minimum Cibil Score of 700. Maximum Loan amount 150% of the Credit Card limit.
Common examples include home loans, vehicle loans, and loans against securities. These loans usually have lower interest rates due to the security offered.
The Basics of Consumer Loans. There are two primary types of debt: secured and unsecured. Your loan is secured when you put up security or collateral to guarantee it. The lender can sell the collateral if you fail to repay.
a consumer loan, you must consider your specific financial needs and goals. If you are looking to purchase a particular item, a consumer loan might be the better option. However, if you need funds for a broader range of purposes, a personal loan offers more flexibility.
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