Personal loan v/s Personal loan on Credit Card What's the Difference?

Normal personal loan gets an additional cibil enquiry which leads to decrease in score while personal loan on cc doesn't initiate a cibil enquiry so always choose personal loan on cc if available

You pay extra GST of 18% on interest component.

Loan on CC for x% interest is almost equal to x+2% interest of Regular Personal Loan.

I would not recommend Loan on card until and unless you get it for at an interest of 12% or Less.

JUsbazZE wrote:

You pay extra GST of 18% on interest component.

Loan on CC for x% interest is almost equal to x+2% interest of Regular Personal Loan.

I would not recommend Loan on card until and unless you get it for at an interest of 12% or Less.

Then take Personal loan.