12 Month Loans
12 month loans are available under two formats - secured as well as unsecured. You can choose the depending on your current needs. Being short term in nature, you will get money for tenure of fifteen days. As soon as you get your next pay cheque, it is expected that you pay off leaned amount. If you have opted for secured format then you are asked to pledge collateral against the leaned amount and the interest rate charged is also comparatively low. On the other hand is unsecured format, where you have to place no collateral against loan amount. However rate of interest charged is higher.