Hi,
I don’t think you will have any issue if you want to take another pre-approved personal loan after paying off the first one. As per my knowledge, you can apply for another PAAL as soon as you have a good credit history and are capable of paying off another loan easily. This is the general eligibility criteria that most banks follow for PAPL:
You should be an existing customer of the bank. (Some banks lend to new customers as well.)
You should have a good credit history.
You must have a clean record of repaying debts.
I suggest you talk to your bank regarding this.
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Related Questions
Leave an answer
You must login or register to add a new answer .
Recently I completed paying my PAPL loan and how can i get again a loan
Kranti
376 Views
1
4 Year
2021-11-15T10:53:40+00:00 2021-11-16T18:06:22+00:00Comment
Share