Citi Knowledge Center
Quick reads to keep you up-to-date on money matters.
Personal Loan

Why is a personal loan your best friend this festive season?

Any kind of celebration is incomplete without family and friends and the advent of the festive season invariably means more shopping, gifting and celebrations. During festivals, it is a common practice in India for guests to come home and carry gifts for the hosts to wish them prosperity and success.

Whether you decide to go on a shopping spree, celebrate with your family, or go on a vacation, don’t let your finances hold you back. With easy documentation and quick disbursal, a personal loan is your ideal friend when you need to bridge the money gap. And in this digital age, you can get an instant personal loan disbursed in 20 minutes, flat!

Give your home a face lift

Does your den need an upgrade to the latest TV screen and a home theatre system to go with it? Or do you want to do up the interiors of your house to give it that modern look? You don’t have to wait, get it done before the festive season begins.

That special gift

Fancy gifting your wife a matching necklace to go with the solitaire you gave her on her birthday? Let the value of the person who receives the gift; decide what you gift, rather than its price. More brownie points for the taking!

What about shopping?

Shop and pamper yourself this festive season. Overhaul your wardrobe to keep up with the latest fashion trends. You can also get the latest gadget, to up your ante among your friends and relatives.

First, plan your expenses and budget

You can get a personal loan up to Rs.30 lakhs with interest rates as low as 11.49% per annum depending on your repayment ability. So you choose the amount that meets your expense need. You can also choose a repayment tenure that suits your convenience, ranging from 12 to 60 months.

A personal loan is your best friend on festive occasions, as it can help you live those special moments exactly the way you want.