A personal loan is an excellent option to meet short-term financial emergencies. Borrowers seek personal loans to take care of their immediate expenses like funding a wedding, education, business, home improvement project, debt consolidation and travel over-looking the rate of interest. Quick disbursal of the loan amount and minimal documentation makes it even more attractive. However, being unsecured, personal loans often incur a high-interest rate. A borrower may take the loan during the need of the hour, but it slowly burdens them when they have to pay hefty EMIs. A personal loan balance transfer is a suitable option to lower...