About Rupee Bridge Unsecured Term Loan
For businesses and individuals looking for a fixed loan amount with a clear repayment schedule, our Unsecured Term Loan provides the financial support you need without the requirement of collateral. With competitive interest rates and predictable payments, it's ideal for long-term financial planning. Whether it's for expanding your business, financing a new project, or consolidating debts, the Unsecured Term Loan from Rupee Bridge offers a reliable and straightforward solution for your funding needs.
No Collateral Required
Access funds without the need for assets to back the loan.
Fixed Repayment Terms
Clear and fixed repayment schedule, making it easier to manage your finances.
Key Benefits of Our Unsecured Term Loan
Access fixed-term financing without the need for collateral—ideal for long-term planning and growth.
No Collateral Required
Borrow based on your creditworthiness—no assets needed.
Fixed Repayment Terms
Know exactly what to pay and when—no surprises.
Predictable Cash Flow
Plan your finances with fixed monthly payments.
Ideal for Long-Term Goals
Perfect for funding expansion, equipment, or major projects.
Frequently Asked Questions
What is an Unsecured Term Loan?
An Unsecured Term Loan is a type of loan that does not require any collateral or security. It is issued based on the borrower’s creditworthiness, income, and repayment capacity. These loans are typically repaid in fixed monthly installments over a predefined term.
What is the rate of interest for Unsecured Term Loans?
Interest rates vary based on borrower profile and lender, but typically fall between 10% and 24% per annum. Rupee Bridge helps you compare and find the best rates from our wide lender network.
What is the repayment structure?
You repay the loan in equated monthly installments (EMIs). The EMI includes both the principal and interest, and the loan term can be selected based on your repayment capacity.
Is a guarantor required for Unsecured Term Loans?
Generally, no guarantor is required, but for higher amounts or applicants with lower credit scores, some lenders may ask for a co-applicant or personal guarantor.
Will applying for an Unsecured Term Loan affect my credit score?
Yes, applying for a loan results in a credit inquiry. Multiple loan applications within a short period can negatively impact your CIBIL score. However, once approved and if repaid on time, the loan will positively influence your credit history.
How long does it take for loan approval and disbursement?
Loan approval can happen within 24 to 72 hours and Disbursement is often done within 2 to 5 working days depending on the completeness of documents and lender processes.