A personal loan is one that is secured by your signature. Reliance offers you two options for Personal Loans; fixed rate and term; and variable rate.
Fixed Rate Personal Loan:
You can borrow the money for up to six years. This longer term makes the payment easily affordable.
Variable Rate Line of Credit:
Once approved, you only pay when you draw the money. This loan is convenient because you only apply once.
Your payments can be conveniently transferred from your savings or checking automatically by us or through Virtual Branch.
Protecting Your Loan:
As with most other Reliance loan products, you can protect your loan payments with low cost insurance.