KreditBee or Credset Whom will you place on the Priority List at the time of Emergency Funding?

Almost all of us feel uneasy when we inquire with a bank for a financial loan. But we don’t know that, rather than banks, there are lots of NBFCs where we can apply for an immediate loan for emergencies. It’s also rather common. But it’s solely because we’ve been brought up as a culture that appealing for financial assistance is an indication of weakness. All of these presumptions are extremely foolish. Loans, when utilized appropriately, may become an incredibly loyal companion. And your closest friend, a personal loan.

A personal loan is a collateral-free financial instrument that can be applied to almost anything. Until you use a personal loan, you will not experience what could be the best financial decision that ever came to you.

In life, money is needed at every step. You can’t step a foot forward without money. Sometimes we become very careless about emergency funding or saving for the future. On the other hand, sometimes we cannot save a little because the present market rate is so high, from toothbrushes to socks, that we spend all our hard-earned money on our everyday needs.

But emergencies never come knocking at the door. It comes suddenly as a mad storm, and sometimes it does not offer us a little time to handle the situation. So in case you are predicting an emergency, be alert and have the advantages of a personal loan to overcome the situation easily without financial burden. 

You can Have a look at the Table below to get a Financial Solution 

	KreditBee Personal Loan	Credset Personal Loan
Minimum Salary	16000/-Per Month	25000/-Per Month
Rate of Interest	1.5% to 3% (Fixed)	18% to 30% (Reducing)
Loan Amount	Rs.1000 – Rs.3 Lakh	50k to 5 Lakh
Processing Charge	6% of the loan amount	3%-5%
Loan Tenure	12 Month to 36 Month	3 Month to 12 Month
CIBIL Score	550+	650+
Location	PAN India	Delhi NCR
Applicant Age	18 Year to 60 Year	21 to 60 Year
Minimum Job Experience	3 Months	6 Months
Current Employer Business Vintage	3 Month Salary credit in ac	1 Year
Part Payment Allowed	No	Yes

The above table will help you a little bit to decide and choose the best option that will meet your specific needs.

Conclusion 

In any situation, for any purpose, don’t let yourself down or get nervous due to financial strain. Whatever the situation—a medical emergency, a critical surgery for a family member, a wedding ceremony, a holiday trip with colleagues, or whatever—don’t overthink managing money for any specific situation. Personal loans are now the best option for choosing from the vast majority of financial instruments available to you.