What is the maximum loan duration for the Personal Loan?

Q. What is the maximum loan duration for the Personal Loan?
Answer: 1-5 years
Notes: Maximum loan duration for the Personal Loan can be 1 to 5 years or 12 to 60 months. Shorter or longer tenures may be allowed on a case by case basis, but it is rare.

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📌 Question Number: 23 in Loans and Credit Ratings in the above course in App.