I am a 25 year old engineering graduate. I am preparing for government exam and I am pretty sure that till next Nov I will qualify for at least clerical post. Can I apply for a loan
Roy (CA) (64 Points)
28 July 2016I am a 25 year old engineering graduate. I am preparing for government exam and I am pretty sure that till next Nov I will qualify for at least clerical post. Can I apply for a loan
gvgr
(Others)
(246 Points)
Replied 29 July 2016
| Originally posted by : Roy | ||
 |
I am a 25 year old engineering graduate. I am preparing for government exam and I am pretty sure that till next Nov I will qualify for at least clerical post. Can I apply for a loan |  |
Apply for CreditCards from 3 to 4 banks and then convert in to EMIs......
Shruthi
(Student Others)
(25 Points)
Replied 23 November 2017
Don’t worry. Even though you are unemployed you can get a loan through these options-
1. Apply for a loan under Prime Minister Rozgar Yojana’. You are eligible for this loan as per your age and education. If your family’s yearly income is below Rs.40,000 you will get quick loans under this scheme.
2. Contact Peer-to-Peer lending companies also known as P2P lenders through online P2P websites. From them you can get loan at an interest rate lower than the banks.
3. Go for ‘Loan against FD’ or ‘Loan against Life Policy’ with banks where you have accounts with. You will get up to 70% to 80% of the amount that you have in the account, though you have to pay 2% to 3% more than the usual interest rate.
Best wishes for your exam!
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
