{"id":16527,"date":"2025-03-18T14:57:30","date_gmt":"2025-03-18T09:27:30","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=16527"},"modified":"2025-03-26T12:45:46","modified_gmt":"2025-03-26T07:15:46","slug":"faq-personal-loan-tickertape","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/faq-personal-loan-tickertape\/","title":{"rendered":"FAQs about Personal Loan on Tickertape"},"content":{"rendered":"\n

Curious about personal loans<\/a>? This blog answers the most common queries about personal loans, covering eligibility, interest rates, repayment, and more to help you make informed borrowing decisions.<\/p>\n\n\n\n

In case you do not find your question here or want more information, you can reach out to us at support@tickertape.in<\/a>.<\/p>\n\n\n\n

Q1: Who can get a personal loan?<\/strong>
<\/strong>Your eligibility depends on factors like credit score<\/a>, credit history, and financial stability, as determined by our lending partners.<\/p>\n\n\n\n

Q2: Do I need collateral for a personal loan?<\/strong>
<\/strong>No, personal loans on Tickertape don\u2019t require any collateral.<\/p>\n\n\n\n

Q3: Will taking a personal loan affect my credit score?<\/strong>
<\/strong>Starting the application won\u2019t impact your credit score. However, once you take the loan, timely EMI payments can improve your score, while missed payments can lower it.<\/p>\n\n\n\n

Q4: How much loan can I get?<\/strong>
<\/strong>You can borrow between \u20b950,000 and \u20b95 lakh, depending on your eligibility.<\/p>\n\n\n\n

Q5: What is the interest rate<\/a> on personal loans on Tickertape?<\/strong>
<\/strong>The interest rate is determined by the lender based on factors such as your credit profile and financial history. Tickertape provides attractive interest rates, starting at just 15%.<\/p>\n\n\n\n

Q6: What is the loan tenure?<\/strong>
<\/strong>Loan tenure ranges from 1 to 4 years. The minimum tenure is 12 months, but you can prepay after the first EMI without extra charges.<\/p>\n\n\n\n

Q.7 What are the various charges and fees included in a personal loan?<\/strong><\/p>\n\n\n\n

Here is the list of charges and fees – <\/p>\n\n\n\n

Type of Fee<\/strong><\/td>Applicable Charges<\/strong><\/td><\/tr>
Processing Fee<\/td>2% of loan amount<\/td><\/tr>
Late Payment of EMI (after bounced EMI)<\/td>Penal Interest @ 2% per month<\/td><\/tr>
Bounce Charges (for failed EMI)<\/td>\u20b9750 per bounce<\/td><\/tr>
Foreclosure Charges<\/td>NIL<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Q8: What are the benefits of loan insurance?<\/strong>
<\/strong>Loan insurance covers your EMIs in case of unforeseen events like hospitalisation, disability, or accidental death. It can cover up to 3 EMIs for hospitalisation and the full loan amount for accidental death or disability.<\/p>\n\n\n\n

Q9: Why don\u2019t I have a loan offer on Tickertape?<\/strong>
<\/strong>Loan offers are rolled out gradually based on eligibility checks conducted by the lender. You\u2019ll be notified when one is available.<\/p>\n\n\n\n

Q10: Who provides the loan?<\/strong>
<\/strong>Loans are provided through Tickertape\u2019s partnership with Aditya Birla Finance Ltd.<\/p>\n\n\n\n

Q11: How many loans can I take at a time?<\/strong>
<\/strong>You can take only one personal loan at a time.<\/p>\n","protected":false},"excerpt":{"rendered":"

From eligibility criteria to the application process, here\u2019s everything you need to know about personal loans on Tickertape.<\/p>\n","protected":false},"author":131,"featured_media":16595,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1754],"tags":[],"acf":[],"modified_by":"Harshit Singh","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2025\/03\/FAQs-on-Personal-Loan-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/16527"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=16527"}],"version-history":[{"count":3,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/16527\/revisions"}],"predecessor-version":[{"id":16533,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/16527\/revisions\/16533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/16595"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=16527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=16527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=16527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}