How Do Online Personal Loans Work in India?
Jun 16, 2025
New Delhi [India], June 16: In the digital era of today, applying for an online loan no longer requires visiting a bank branch and filling out lengthy paperwork. Growing internet access and financial digitisation have made online personal loans a preferred mode to handle financial emergencies. The application is simplified, swift, and can be carried out virtually from any place. However, you need to know how these loans work to be able to make informed decisions. This article will take you through the complete application process and can help you understand what to expect when taking up a personal loan online.