Loans

Are you planning to take a home loan to buy your dream home? The most important things you need to consider before taking a home loan are the equated monthly instalments and the interest payable.

Businessmen need funds to establish their businesses. Once their business is established also, they need working capital for expansion, sales, day-to-day operations, and so on. However, if you are a businessman, you need to choose a credible lender to take the business loan.

Most Indians apply for car loans as purchasing cars is a dream of every Indian. The Indian population is one of the most urban populations in the world. And most of the population lives in cities, so the demand for cars is much higher in them than other countries.

Taking a loan nowadays has become easy due to the increase in digitization. Applying for the loan, processing it, and disbursing it can be done completely online. While this is quick and easy, it has given rise to loan fraud.

Individuals are increasingly looking at ways to improve credit scores so that they can get quick loan approvals and other credit options. It is not only simple to achieve a great credit score, even ones with a bad credit score can make some amends and get a higher credit score.

Buy Now Pay Later is the new credit option available for millions of consumers who don’t possess a traditional credit card. Learn more about this scheme to get maximum benefit out of it.

Banks and lenders in India are mandated to follow certain norms while dealing with a loan default case. For defaults on repayment of secured loans such as a home or car loan, borrowers are mostly concerned about losing the financed asset like the house, car etc. However, borrowers must note that in case of default, they do have some basic rights that have to be adhered to by the lender.

Facebook India has tied up with financial technologies start-up, Indifi, to offer loans to small business owners, as part of its ‘Small Business Loan Initiative’. SMBs in over 200 cities across India can now avail of loans of up to Rs.50 lakhs to help develop and grow their small business.

Debt Consolidation is a key strategy of debt management that allows you to pay off long-standing debts that are eating into your finances. This measure helps you to save a considerable amount in terms of interest dues and other charges.

MSME Loans are also known as Micro-Small-and-Medium Enterprise loans. They are a massive help to small businesses and entrepreneurs. An MSME loan can be used for various business purposes like purchasing inventory, upgrading equipment, expanding the office space, paying salary to staff and more.

The loan moratorium and restructuring announced by the Reserve Bank of India (RBI) as part of Covid-19 pandemic-related financial relief measures allowed some breathing time to borrowers as they faced a severe cash crunch.

Defaulted on your home loan, car loan or any other EMI? Continue reading to find out the rights you’re entitled to.

The fast-paced lifestyle in which we live makes us want everything in a jiffy. Borrowers are now looking out for instant solutions to manage their emergency cash requirements. Thanks to digital banking, customer-friendly instant loan platforms are increasingly becoming popular.

Loans have become an inevitable aspect of our life, required for many reasons including personal or professional. Loans are classified into secured and unsecured loans.

New home buyers often get confused about whether they should apply for a loan from a housing finance company (HFC) or a bank. The liquidity crisis brought about by the Covid-19 pandemic has hit the non-banking finance companies (NBFCs) hard.

A home is a lifetime investment for many in India. So, the buyer wants to ensure that the house they buy meets all their requirements - convenience, location, size, quality of materials used and more.

Payday loans are both easy and deceptive. Without a doubt, you will procure immediate cash in the event of an emergency.

Secured loans give borrowers the option to get funds without worrying about selling their assets or changing their key financial plans and goals.

A payday loan is an ultra-short, flexible amount, high-interest loan that is offered based on your salary. They are also called ‘Instant Loans’ owing to their quick disbursal and completely online application process.

A home loan is the only option for many of us to fund our dream home. Shopping for the best home loan in the market is a meticulous process. The current home loan market is very competitive and most banks offer similar interest rates.

Buying our dream car is an important milestone in everyone’s lives. A vast majority of us allocate a part of our monthly savings towards this goal. Car down payments do form a considerable part of the ‘Dream Car’ project and the higher the down payment, the better the car loan terms you can avail.