Financial woe scan arise at any time. You may need funds to pay for educational expenses for your children or a wedding in the house. There could also be unexpected medical bills to deal with.

Availing a Personal Loan as an additional back-up is something you could consider if you find yourself in a tough spot. Some people take Personal Loans to consolidate their credit card debt. You too can do this and pay off your existing credit card outstanding amount. MyMoneyMantra has products which offer Personal Loans for home renovation as well as consumer durables like a television or a refrigerator - the possibilities are endless.

A decade or so ago, taking a Personal Loans was not common. Now, with rising incomes and increased competition among banks to improve their credit portfolios, Personal Loans have become more accessible to get. There are various advantages of taking Personal Loans. Banks these days offer attractive interest rates as well as the flexibility of repayment.

MyMoneyMantra can help you decide on a Personal Loan with options from over 70+ banks and NBFCs (Non-Banking Financial Companies).