{"id":1950,"date":"2021-03-18T08:21:26","date_gmt":"2021-03-18T08:21:26","guid":{"rendered":"https:\/\/www.scooprockets.com\/?p=1950"},"modified":"2021-03-18T08:21:26","modified_gmt":"2021-03-18T08:21:26","slug":"loan-against-securities-or-personal-loan-which-one-is-best","status":"publish","type":"post","link":"https:\/\/www.scooprockets.com\/loan-against-securities-or-personal-loan-which-one-is-best\/","title":{"rendered":"Loan Against securities Or Personal Loan: Which one Is Best?"},"content":{"rendered":"
Emergencies can strike you at any time and you must have a backup plan prepared for it. There are various financial tools available for getting an instant loan approved, like personal loans and loans against securities. While both have similar terms, let us have a closer look at each. It will help in determining which is better, personal loan or Loan Against securities.\u00a0<\/span><\/p>\n A form of a loan, in which the borrower pledges their shares, mutual funds, or life insurance policies as collateral to get a loan from the bank is known as a loan against securities.<\/span><\/p>\n Benefits of Loan Against Securities:<\/strong><\/p>\n An unsecured loan option, where the borrower does not pledge any security as collateral and can get the loan approved based on their income, CIBIl score, and other important details, is known as a personal loan.<\/span><\/p>\n Benefits of Personal Loan:<\/strong><\/p>\n The above definition clearly shows that both have their set of benefits and through both the loan options, you can get an instant personal loan, so how do we decide which one is better?<\/span><\/p>\n While opting for a loan, there are important factors that must be considered to get a Fullerton India instant personal loan<\/a>. These are the factors that will help you decide if a personal loan or Loan Against Securities is better.<\/span><\/p>\n However, there is always a scope of negotiation which you can make with your lender.<\/span><\/p>\n Choosing a personal loan or loan against securities can be made based on the above points. What is more important is that you first evaluate why you need the loan and how you plan on using the loan amount. It will help you plan for the loan better. You can use the personal EMI calculator to ensure an efficient repayment tenure, keeping in mind the monthly expenses that you can incur.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Emergencies can strike you at any time and you must have a backup plan prepared for it. There are various financial tools available for getting an instant loan approved, like personal loans and loans against…<\/p>\n","protected":false},"author":18,"featured_media":1951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[460,459,457,458],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/posts\/1950"}],"collection":[{"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/comments?post=1950"}],"version-history":[{"count":1,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/posts\/1950\/revisions"}],"predecessor-version":[{"id":1952,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/posts\/1950\/revisions\/1952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/media\/1951"}],"wp:attachment":[{"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/media?parent=1950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/categories?post=1950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scooprockets.com\/wp-json\/wp\/v2\/tags?post=1950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is Loan Against Securities?<\/b><\/h2>\n
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What is Personal Loan?<\/b><\/h2>\n
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Personal loan or Loan Against securities, which is better<\/b><\/h2>\n
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Conclusion<\/span><\/h3>\n