Bank Loan Vs NBFC Loan – Konsa Better Hai Aapke Liye? | Loansathi.in
Bank Loan Vs NBFC Loan – Konsa Better Hai Aapke Liye?
Loansathi.in ke experts kehte hain ki loan lene se pehle applicant ko yeh samajhna chahiye ki Bank aur NBFC loans me difference kya hai. Har borrower ka financial background alag hota hai, aur sahi option chunne par interest kam lagta hai, approval fast milta hai aur CIBIL par bhi positive impact padta hai.
► Bank Loan Kya Hota Hai?
Banks RBI-regulated financial institutions hain jo loan approve karne ke liye strict eligibility aur documents verify karte hain. Yahan approval process thoda slow hota hai lekin interest rate comparatively low milta hai.
Common Bank Loan Types:
Advantages of Bank Loans:
- • Low interest rate (10%–14%)
- • Long tenure flexibility
- • High trust and transparency
Disadvantages: Documentation strict hoti hai, processing time zyada lagta hai aur low CIBIL score par rejection ka risk high hota hai.
► NBFC Loan Kya Hota Hai?
NBFCs (Non-Banking Financial Companies) wo institutions hain jo banking license ke bina loans provide karte hain, lekin RBI ke norms follow karte hain. Yeh loans fast approval ke liye famous hain, aur documents bhi kam lagte hain.
Advantages of NBFC Loans:
- • Approval in 24–48 hours
- • Flexible eligibility (CIBIL 600+ par bhi approval)
- • Less documentation required
- • Instant Loan aur Quick Loan category available
Disadvantages: Interest thoda high (14%–24%), short tenure aur late payment penalty comparatively zyada hoti hai.
► Bank Vs NBFC – Major Differences
| Criteria | Bank Loan | NBFC Loan |
|---|---|---|
| Interest Rate | Low (10%–14%) | High (14%–24%) |
| Processing Time | 3–7 Days | 24–48 Hours |
| Documents | Strict & Detailed | Minimal & Flexible |
| Eligibility | CIBIL 700+ | CIBIL 600+ (Considered) |
| Customer Support | Branch + Online | Mostly Digital |
► Konsa Option Choose Karna Chahiye?
Agar aapka CIBIL score high hai (700+), aur aapko low-interest long tenure chahiye, to Bank Loan best option hai.
Agar aapko urgent funds chahiye aur CIBIL moderate hai (600–650), to NBFC Instant Loan aapke liye better rahega.
Loansathi.in dono category ke 150+ lenders ke saath tie-up rakhta hai — yahan aap comparison karke apply kar sakte hain bina CIBIL affect kiye.
Loan Approval Tips (Trusted by Loansathi.in)
- • Documents ready rakhein – ID, Address, Bank Statement, ITR
- • EMI on-time pay karein – ye credit score ko boost karta hai
- • Don’t apply to multiple lenders at once – single platform (Loansathi) best hai
- • Agar self-employed ho, to Business Loan category par apply karein
Loansathi.in ek trusted digital loan platform hai jahan aap multiple lenders ke offers compare karke apna best option choose kar sakte hain. Low CIBIL, fast approval aur instant disbursal ke liye humara platform most preferred hai.
