Skip to main content

HOW TO OVERCOME A MONEY CRISIS AMID COVID-19 LOCKDOWN


    Nowadays, the coronavirus outbreak has affected our lives in countless ways. The deadly virus has made its presence felt in everyone’s personal and professional way such as from shopping groceries, socializing with people or commuting to workplace. It has also a negative impact on the country’s economy leading to widespread layoffs and pay cuts that have taken a toll on salaried individuals. If you are also a salaried employee and facing a loss of income then ShubhBank have stepped in with few options to guide you that how to overcome a money crisis amid "Covid-19 Lockdown". We are happy to help you over this financial crunch by offering Loan against Insurance Policy and online Personal Loan to raise funds.

Online Personal Loan:
many banks and NBFCs have rolled out many personal loan offers for existing customers and who hold salary as well as pension accounts in their financial institutions in this lockdown period. You could also take the advantage of "Online Personal Loan" from ShubhBank as the entire loan application process is digital and paperless which means one doesn’t have to do physical meetings or document signings with the lending institution. If you are eligible and get approved, you’ll get the money credited to your bank account within few business days. You can get started by simply applying for the loan at our website ShubhBank.com. We will help you to choose the best deal by comparing various lenders and the interest rates offered by them to make your loan journey pocket friendly, easy and convenient.

A Loan against Insurance Policy: However, you always look for a personal loan in a short term financial crises but you need to pay a high rate of interest on personal loan as the repayment period is very short. In that case, you can look upon other opportunities to meet the requirements. An alternative to this is to secure a Loan against Insurance Policy, the investment you have made for yourself and your family. It is an easy loan option as the processing fee, interest rate and documentation on Loan against Insurance Policy from ShubhBank is quite less and hassle free compared to other financial products. One of the major benefits of taking this loan is that you have the full tenure of policy to repay the loan but it is also a double-edged sword, so you should not default on premium or interest otherwise your policy will lapse and insurer has right to recover the dues from surrender value of the policy.

    The above discussion in article sounds interesting and beneficial, so if your savings are declining and your cash inflow has slowed up, lay back and just think over the few options we have planned for you to tide over the cash crunch, you are facing in this pandemic. Avail a personal loan or Loan against Insurance Policy from ShubhBank to deal with various facets of your finances. Sounds great? If you need help to raise funds and want to bounce back to healthy financial life, just click on our website Shubhbank.com.

Comments

Popular posts from this blog

A COMPREHENSIVE GUIDE TO APPLYING FOR A USED CAR LOAN ONLINE

In today's fast-paced world, possessing a car isn't simply an extravagance but a need. For many, a used car is a magnificent choice to satisfy their transportation needs without breaking the bank. Notwithstanding, financing a used car purchase could appear to be daunting. Fortunately, to apply for a used car loan online has become a convenient and accessible choice. Here is a comprehensive guide to navigating the process without a hitch. Understanding Used Car Loans Before jumping into the application process, it's crucial to grasp the fundamentals of used car loans. These loans are specifically designed for purchasing pre-owned vehicles. Lenders offer varying terms and interest rates based on factors like credit history, upfront installment, and the vehicle's age and condition. Preparing for the Application 1. Know Your Budget: Decide your budget by assessing your financial situation. Consider factors like a month-to-month income, existing expenses, and potential init...

DRIVING TOWARDS APPROVAL: UNRAVELING THE CRITERIA FOR USED CAR LOAN ELIGIBILITY

In today's speedy world, possessing a car is, as of now, not simply an extravagance but a need for some. Nonetheless, buying a pristine car may not generally be squeezed into everybody's financial plan. This is where the choice of purchasing a used car becomes engaging. Used cars offer a more affordable other option, permitting people to claim a vehicle without burning through every last dollar. To work with the purchase of these pre-owned vehicles, financial organizations give used car loans. However, what are the " Used Car Loan Eligibility Criteria " for acquiring such loans? We should dive into the subtleties. Understanding Used Car Loan Eligibility Used car loan eligibility alludes to the arrangement of conditions that people should meet to fit the bill for a loan to purchase a recycled vehicle. Lenders lay out these criteria to survey the borrower's financial capacity and limit the gamble related to loaning. Essential Criteria for Used Car Loan Eligibility ...

UNLOCKING THE BEST DEALS BY EXPLORING THE LANDSCAPE OF CHEAPEST LOANS IN INDIA

In the vibrant landscape of India's financial sector, finding the cheapest loans is akin to finding an unlikely treasure. With various lenders, products, and interest rates in play, navigating the realm of loans can be both daunting and rewarding. In this aid, we dig into the intricacies of getting the " Cheapest Loans In India " exploring key aspects and choices available to borrowers. Understanding the Dynamics of Cheapest Loans in India In the journey for affordable financing, it's essential to fathom the factors that impact loan costs. Interest rates, loan tenure, processing fees, and eligibility criteria all shape the affordability of the remainder of a loan. Borrowers should assess these components prudently to unearth the most financially savvy borrowing choices tailored to their requirements. Exploring Loan Choices ● Personal Loans: A versatile financial instrument, personal loans offer adaptability and comfort for various costs, ranging from medical emerg...