How to get a pre-approved personal loan? If you want to take a pre-approved personal loan, keep these things in mind before taking it.

If you want to take a pre-approved personal loan, keep these things in mind before taking it. While hearing a pre-approved loan offer sounds tempting, 

It may not be beneficial for you. However, the fact is that these offers are no different from ordinary taxes.

Let us tell you by example whether taking a pre-approved loan is beneficial for you or not.

How to get a pre-approved personal loan, Recently, Mumbai-based media professional Karthik got a call in the bank this morning that he has received a pre-approved loan offer of ₹ 1,00,000 from the bank. In such a situation, Karthik's salary account is in this bank.

Tells Karthik of Telecaller that if they agree then a bank executive will come to Karthik's house to get the required documents and accompany Karthik on some documents. And. Within 3 days the loan amount is sent to Karthik's account That is, it is deposited. In such a situation, like Karti, you will also have such phone calls, calls, emails and SMS. 

In addition to personal loans, banks also use loans from home loans to car loans. Now the question is whether this type of loan sitting at home is beneficial for you or not, the truth of pre-approved loan and also whether such loan is beneficial for you or not.

What are these pre-approved loans?  

If you think that banks are offering you expenses without you knowing about them, then you are completely wrong. However, bad never offer a loan to an unknown person by looking at his documents. With the help of the data of the customers with the bank, they prepare a track record. Banks have information about every transaction of the bank. Are you paying for it on time or not? Banks have information about all the things. Based on such information, the bank decides you on the mount and interest side of the loan.

Why is a pre-approved loan expensive?

For information, let us tell you that on hearing more of the pre-approved loans, there is a feeling in the mind. But they are not going to prove to be more beneficial for you. In fact, these offers are not separate from holding loans. The first thing is that when the bank gives you a loan without any documents i.e. FD, land documents or gold, then its interest rates are also higher than the normal loan.

However, let us also tell you that many banks also give you a discount on the interest rate, but keep in mind that the processing fee of a pre-approved loan becomes more than normal. Also, it is important to know that if you have been offered a loan, then open a bank. Will also give loans from hands. You can also cancel your loan.

Can these be beneficial for you?

The pre-approved loan depends on your requirement. If you need 50 or more than ₹ 1,00,000 for some period, then it can prove beneficial for you, because for this you do not need to go to the bank at all.

Let us tell you that your documents are already with the bank. In such a situation, there is no need for much paperwork. But also keep in mind that your CIBIL score should be made better because if your CIBIL score is bad then the bank can also cancel your loan and you also need to know That once a loan application is cancelled can it harm your CIBIL score.

If you get an offer from the bank, keep this in mind.

A pre-approved loan sounds good, but keep this in mind. These loans are the only way to get into the debt trap. First, decide whether you really need the loan or not. ? Keep in mind that the bank gives this offer for a very limited period only. In such a situation, think about whether you need money in that limited period or not? 

If the need arises, not when it is not needed. Do not take a loan at all. If you feel the need. So the loan amount can meet your requirement. Apart from this. Compare it with the other phones available in the market. To know and understand. Five are showing in the fun or whether it is evil in it or not. After considering everything, you should take a loan and take this bath according to your need.