Loans

When a lender goes through a loan application, the borrower’s credit score is one of the important factors linked to the approval. The lenders want to be assured that the borrower has shown a decent repayment track record with no defaults in the past.

A good education gives wings to an individual to fly higher in the career. It is a stepping stone to achieve their ambitions in life. However, not all have the means to fund their studies from their own pockets considering the rising cost of education.

When it comes to getting funds for the immediate needs such as wedding, medical expenses, vacation, education, buying durables etc, a personal loan is the most convenient way to accomplish it.

Reserve Bank of India (RBI) has asked all banks and NBFCs to move to MCLR based interest rate instead of base rate which was followed before. All new loans on or after April 1st, 2016 will be sanctioned based on MCLR rates.

Education is one of the greatest gift a parent can bestow upon their children. As the saying goes “Buy a man a fish, he will eat for a day. Teach him to fish, you feed him for a lifetime.” If you give a child the proper education, you set them up for life.

Technology has reached every nook and corner and it has made a prominent impact on every business. Over 80 million people in India are employed in Small and Medium Enterprises contributing a major portion in country’s GDP.

Everybody at one point in time, dream of running their own business and not working under someone, become the next Steve Jobs or Bill Gates, but only a few try to live that dream. This is because starting a business is scary and risky. You are venturing into the unknown with just your business plan and your trust in it.

A credit report gives a snapshot of an individual’s credit accounts, repayment history and various other financial dealings. The credit score is calculated based on the above factors. Creditors check the credit score before taking a decision to extend credit to their customers.

Owning a two-wheeler gives a lot of comfort to commute from one place to another especially in busy metro cities where travelling in public transport could turn out to be quite a nightmare.

There was a time when taking a loan was considered taboo by our parents and grandparents. They were under the impression that taking a loan is risky

There are three types of people in the world when it comes to those in need of money – one with good credit score looking to borrow money for their immediate needs like buying a home, medical need, education purposes etc.

You might have been called by a banking employee regarding a loan offer often for personal loans with a promise of quick disbursal. After submitting a host of documents, when you so eagerly wait for the loan, you get the shocking news of ‘Loan Rejected

I am pretty sure you all would have got those repeated calls from tele-callers talking about pre-approved bank products that you can avail.

It is highly probable that multiple loans might bring chaos into your financial management. Moreover, managing several loans while going through a bad credit might seem even more an arduous job.

Whenever we go to get a loan be it housing or personal loan the bankers talk about underwriting that it will take some time for underwriting process etc.

When life throws too many problems at a time, it becomes difficult to solve all of them. Wouldn’t it be a relief if all the problems are combined into one?

The main reason loans are popular or work is because of the time the loan is required. The quick approval loans or Insta-loans as some banks call them are there for the sole purpose of satisfying an emergency any person will have.

Gone are the days when laptops were considered a commodity or essential of business executives alone. It has become an essential tool for students as well where some colleges have even made it mandatory that students own one.

A bad credit should not be a deterrent to your education which promises a rewarding future. Know about the ways to fund your studies even with a bad credit.

Agriculture loan in Canara bank - Know all the details about Canara banks agriculture loan from eligibility, document requirement, interest rate to how to apply, all in one place.

Taking a Home Loan is a big responsibility to shoulder. There are multiple factors associated with a Home Loan and it’s not always possible to take this on single-handedly. Sometimes, things like eligibility, income, and the loan amount and tenure can be a tad difficult to handle with a single income.