Loan Singh wishes all readers with “Navratri srestha subhecchao”. Best wishes of Navratri to one and all. Being the next milestone after Onam, in the long trail of festivals ending with Christmas, Navratri brings with it the emotions of prayer, fasting and penance. It also brings the fervor of festivity, dance and fashion. A festival without gaiety and pomp is unheard of. This is where Loan Singh comes in. Loan Singh is a digital lending platform that serves the underserved salaried individuals. So, whatever your Navrati needs are, you can easily avail a personal loan from Loan Singh and celebrate without any financial stress.
Before we show you how to avail an online personal loan, let’s first take a look at the significance of Navratri and why it is every shopper’s dream festival.
The Navratri Festival
Navratri is a nine days Hindu festival – celebrated twice each year in India. It is celebrated differently in various parts of the country. These 9 days are separated as a set of 3 days each. Each day is devoted to the nine incarnations of Maa Durga. Navratri that is celebrated during the month of March/April is called Chaitra Navratri.
The nine days of Navratri are very significant in keeping alive the rich folk traditions of India. In Navratri, one celebrates the power, intellect and wealth of Maa Durga. Hence, the 9 days are segregated into 3-day sets to honour Maa Durga, Maa Lakshmi and Maa Saraswati, respectively. The serene, yet powerful, rituals during the nine days are complemented by rich and vibrant festivities. The nine days are believed to assure protection and healing from any destructive force.
With proper fasting, rituals and self-discipline, every devotee’s wishes are believed to be fulfilled. Devotees need to abstain from regular table salt and instead use sea salt (sendha) in cooking. The food eaten during the nine days of Navratri are fried or boiled potatoes, banana chips, lassi, curd, fruits and fruit juices, sabudana kheer, aloo sabzi, etc.
Celebrations include stage decorations, enactments of folklore, chanting of scriptures, garba dance and Dandiya night. Cultural fanfare is visible with patterned pandals and classical folk dances. On the final day, i.e. Vijayadashami or Dussehra, the statues symbolizing the evil are burnt with fireworks marking end of evil. The festival also starts the preparation for one of India’s most important and widely celebrated festival of Diwali which is celebrated 20 days after Dussehra.
Nine Days of Navratri
Maa Durga is adored, in her nine different avatars, on each day of Navratri. On the first six days, the festival and devotion is restricted to the home. The Navratri celebration gets into a more festive form from the seventh day onwards.
- The first day is devoted to Goddess Shailputri.
- She is the embodiment of collective power of Brahma, Vishnu and Mahesh
- The color of the first day is Red which depicts action and vigor.
- The second day is devoted to Goddess Brahmacharini
- She embodies devout austerity, happiness, prosperity and grace
- She is the way to emancipation or moksha
- The color for this day is Royal blue which signifies calmness
- The third day is devoted to Goddess Chandraghantha
- She represents beauty and grace
- She is the apostle of bravery and possesses strength
- The color for this day is Yellow.
- The fourth day is devoted to Goddess Kushmanda
- She is considered as the creator of the universe.
- She symbolizes good humor and spread of vegetation
- Aptly, the color for this day is Green.
- The fifth day is devoted to Goddess Skanda
- She has the ability to change into a storm cloud when the need arises
- The color for this day is Grey.
- The sixth day is devoted to Goddess Katyanani
- Born to a sage, she exhibits immense courage
- The color for this day is Orange.
- The seventh day is devoted to Goddess Kalrati
- She is black like the Goddess Kali but dressed in white
- The color for this day is White.
- The eighth day is devoted to Goddess Gauri
- She signifies calmness and endorses wisdom
- The color for this day is Pink
- The ninth day is devoted to Goddess Siddhidatri
- She is always happy and blesses all gods, saints, and yogis
- The color for this day is Sky blue
The tenth day of the festive period is known as Vijayadashami or Dussehra. Each year, it signals the end of Navratri. The day helps remind us of Maa Durga’s victory over demons and restoring Dharma. It also marks the end of Ramlila, and likens to Lord Rama’s victory over the demon Ravana. Towering effigies of Ravana is burnt with fireworks.
The nine days of Navratri allow devotees to not only maintain reverence during fasting, but also to wear the best of clothes, purchase the best accessories to go with the clothes, utilities for rituals, pandal set-up, etc. Although not on the level of Diwali or Onam, Navratri shopping does generate a lot of buzz and frenzy at shopping outlets.
We delight ourselves by greeting our guests and friends, with the best sweets. We don’t want to fall short in impressing the deity at home, and also to our loved ones. New clothes, jewelry and household items need to be bought. Whether it be heavy traffic, incessant rains or difficulty in finance, we always find a way to get the funds required to celebrate. There is also the case of the best fireworks and gorgeous lighting to be bought. The huge dance get-togethers, called Dandiya Nights, need the best of clothing; and we cannot wear just anything, but the best.
Some of us avid in buying stocks, flock to brokers to get the trading done. Mahurat trading is crucial and is another avenue for our spending. Even the beggars cannot be sent back empty handed. It is that time when there has to be funds in our hands. Dhanteras is less than a month away, but many of us will spend on gold. Consumers prefer pure gold over diamond or lightweight jewelry as the flavor of the season.
How to quench your shopping urge?
To cater to the 10 days of festivities, during Navratri, it is obvious that you need a source of funds to celebrate the festival in all its pomp and fervor. Personal loans are unsecured loans that are availed to meet these exact fund requirements. As it is an unsecured loan, it does not require any collateral.
The best place to get a really quick and easy personal loan is a digital lending platform – such as Loan Singh. For salaried individuals, to gather up funds to celebrate Navratri within a short span of time is possible only through digital means; as traditional banking solutions would take up to weeks to disburse the funds. For a personal loan, the borrower’s credit worthiness determines if he/she can pay the loan EMIs regularly and, that too, without straining his/her daily living. Your credit report acts like a gauge for Loan Singh. It shows how prompt you have been in your previous credit responsibilities and how trustworthy you are. Loan Singh is perfect because of
No collateral – Having no collateral gives personal loan an advantage over secured loan. Even if you do not own any fixed assets, you can at least get funds from Loan Singh.
Multiple purposes – A personal loan can be availed for a number of purposes such as shopping for Navratri, purchase of household appliances, electronic gadgets, purchase gold, holiday travel, home improvement, relocation of job, medical expenses, home renovation, marriage, etc.
Being Loan Singh eligible
Before you begin the quick and easy application process at Loan Singh, check the following eligibility criteria required for a personal loan.
To avail a personal loan from Loan Singh, you need to be a salaried individual with a monthly salary of minimum Rs.15,000.
Loan Singh looks at your credit score, to evaluate your credit worthiness, before approving the loan. A credit worthy borrower is someone who has been prompt in his/her previous loan EMI payments, maintains a good credit utilization ratio, has been paying off his/her credit card bill on time and has never overspent over the credit card limit. If you have never availed of a loan before, you will have no credit history. In that case, you need to be salaried for at least 3 months to be eligible for a loan at Loan Singh. The lower your credit score, the lower your chances of being eligible for a personal loan.
You need to be at least 21 years of age to be considered eligible for availing a personal loan with Loan Singh. As mentioned above, you must be of Indian nationality and salaried, as well.
You need to have a stable monthly income. A good budget is advised to avoid times when you might find it hard to pay-off the loan EMIs.
Application process at Loan Singh
Not only is personal loan the best alternative for quick funds, Loan Singh’s quick and easy application process also helps you get the funds you need for any financial emergency. The process to get an easy and quick loan with Loan Singh is mentioned below:
Get Started Page – Select ‘PERSONAL LOAN’ from the drop-down for ‘Loan Type’ and enter the loan amount with the desired repayment tenure.
Registration page – Add your contact number, personal email ID and corporate email ID
Social Authorization – Connect your Facebook, Google+ and LinkedIn profiles for discounted rates
Profile Page – Fill in your name, gender, father’s name, number of dependents and PAN Details. We use your PAN Card Number to check your Credit Score and as a KYC document.
Address Page – Choose your type of residence; mention your street address, city, state and pin code.
Job Profile Page – Mention your current designation, total work experience, company name, highest qualification, last institution attended and monthly salary.
Financials page – Upload your latest 6 months bank statement from your computer, your GMail account or from your net-banking account.
Auto Debit Page – Provide permissions to your bank name, account number and IFSC code so that Loan Singh can auto debit the EMI amount from your account every month. This way you don’t need to set reminders or miss-out on any loan EMI repayments.