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Are you looking for a loan that does not need your valuables to be pledged? That’s where unsecured personal loans or signature loans come in, where no collateral, no security, just your credit score and identity. Unsecured loans without collateral offer instant financial support with no collateral required. These loans are given based on the borrower’s creditworthiness instead of collateral. Here, you do not have to mortgage your property or pledge your valuables to access funds. These funds are for those individuals who need quick funds and prefer not to risk their valuables. Types of Unsecured Loans Without Collateral Here are the most common types of Unsecured Loans without collateral available in India: Personal Loans: Personal loans are the most popular unsecured loans and are easy to get in no time. They can be used for various personal purposes and have flexible end uses. Education Loans: Student loans are available to support a student's education without co...

The Reserve Bank of India has recently provided big relief to Home Buyers by making a significant move and cutting the repo rate in its latest policy review. The repo rate, which directly influences lending rates, has dropped to 5.5%, the lowest in 3 years, offering a great opportunity for home loan borrowers. This was announced by the Reserve Bank of India (RBI) on June 6, 2025. If you have a floating-rate home loan, you could benefit from lower monthly EMIs. The RBI announced a 50-basis-point (bps) reduction in the repo rate. This marks the third consecutive rate cut of the year. For the home loan customers, it means that banks adjust their interest rate downwards. Potentially, it will result in lower EMI. Here’s how a minor fall in the repo rate benefits you and your lending experience.  What is a Repo rate? Repo rate is the rate at which money is lent to commercial banks by the Reserve Bank of India. When the repo rate falls, banks usually extend this advantage to borrowers, ...

  Are you thinking about taking a personal loan in India? We all know the basic eligibility criteria you must fulfill for a quick personal loan. CIBIL score is the main factor when you are applying for personal loans. Personal loans are usually unsecured loans where you do not need to submit any collateral. Hence, the CIBIL score is the score that represents your financial attitude to your lender. This blog will make you understand exactly why a good credit score is key to getting a  personal loan quickly ! What is a CIBIL Score? CIBIL score is a three-digit number derived by TransUnion CIBIL Limited for each profile. CIBIL score is prepared based on the data enclosed in the Credit Information Report(CIR). In simple words, a credit score reflects personal financial behaviour a person is cultivating towards financial responsibilities such as timely repayments, credit mix and credit utilization. The score helps lenders analyze your creditworthiness. Credit score ranges are as gi...