Personal loans, Aug. 27 -- Getting a loan offer from a bank or fintech platform is not an uphill task. If the loan applicant enjoys a good credit score, they can secure a good personal loan in no time. All the person needs to do is share their mobile number, get the eKYC done, and submit the necessary documents with the application.

Based on the credit profile, the lender makes an offer, which the customer needs to accept later. But is it wise to look for a personal loan offer from another lender despite having an offer in hand? You can take this decision based on these factors.

A. Time period: Typically, a bank's loan offer is valid only for a short while, and one must claim it before it expires. So, there is not much time to consider ...