A Festival Loan is a type of personal loan specifically designed to help cover expenses during festive seasons, such as shopping for gifts, decorations, and other festival-related items.
Key Features:
Lower interest rates than regular personal loans.
Flexible repayment options.
Minimal or no processing fees.
No prepayment charges.
No-cost EMIs.
Quick approval and disbursement.
Minimal documentation requirements.
Benefits:
Competitive Interest Rates: Shop loans typically offer competitive interest rates, making them a financially attractive option for small businesses.
Loan Amounts Tailored to Needs: Lenders offer flexible loan amounts to accommodate the specific financial requirements of different shop owners.