Introduction While an array of loan products exist on financial markets today, they require cumbersome documentation and are usually taken to meet large scale capital expenses in mind. However, there are times when you require small capital of up to Rs. 5 Lakhs to meet urgent obligations such as medical bills, tuition fees, travel and more. In such a scenario, few formal lenders are willing to take the risk and facilitate you for such small sums. Even if they agree to extend the loan, they follow the same protocol they…
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