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3 Awesome things to do with an Instant Personal Loan this Pongal

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With the season of harvest knocking at our doors, the country is steadily witnessing a festive fervor. For the uninitiated, Pongal is celebrated to pay homage to the Sun God for a round of successful harvest. The festival lasts for four days where every day bears a special significance. But what does a quick loan have to do amid these festivities? The answer is simple: it helps fuel the fun and double the festive mirth. You can use this loan to buy something special, take a holiday, or finance the renovation project you had been waiting for all along. In this article, we will discuss some of the best things you can do with a quick loan this Pongal. So, keep reading for more ideas. 

Take a Holiday

This year, Pongal will be celebrated on the 15th of January across the country. Since it’s a Wednesday, you can take two more holidays on the subsequent Thursday and Friday. Next, book your tickets and head out for the exotic vacation you had always looked forward to. Here, a quick loan will be especially useful if you’re not willing to use your emergency funds for travel. Take the instant loan to finance your vacation from scratch. Since you do not need to state a purpose for availing this financing option, the loan amount can be used for purchasing flight tickets, booking hotel rooms, taking short trips, paying for food, and covering any other expense in between. 

Make a Big Purchase

Festivities are one of the best times to make a big purchase. Since the prices of most products are slashed, this is one of those rare instances when you can make the most of your money. Check out leading eCommerce platforms for the best deals on TV, refrigerators, air conditioners, or anything else you seem to need. If you’re short on funds, finance the purchase with a quick loan. Available at affordable interest rates and extending to flexible tenures ranging from 1 year to 5 years, this is one of the easiest ways to source funds for your big purchases. Since these loans are also collateral-free, there’s no risk of losing your asset or properties either. 

Fund Your Home Renovation Project

If you’ve been stalling your home renovation project due to the lack of funds, it is high time you considered getting it done this Pongal. Since most dealers offer attractive discounts on home renovation materials, make use of these offers to get your necessities at the lowest prices. Most lenders offer quick loans from Rs 1 lakh to Rs 15 lakh. So, choose your preferred amount and make your renovation project finally work. 

Bottom Line

While taking a quick loan for either of these expenses is an excellent idea, only consider the financing option when you can afford to repay it. If you are not confident about paying off the outstanding installments, it is best to reduce your ticket size or wait it out before finally making the purchases. This way, you can make the most of your money, without falling prey to a vicious cycle of debts. 

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