icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

Recently I completed paying my PAPL loan and how can i get again a loan

view 376 Views

1

4 Year

Comment

whatsapp [#222222128] Created with Sketch. Send

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.

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners