Interested in financial products
Processing
Top 5 Reasons Why A Home Loan Can Be Rejected After Sanction

Owning a home is among the top aspirations of individuals. Investment in real estate is often for life and costs a lot, making it difficult to own them just out of your personal funds/ savings. Availability of a home loan comes as a big savior here.

9 months agoRead More
How Bad Is Your Bad Credit Score?

Your credit score is assigned by the credit bureaus on the basis on information provided by your lenders regarding actions related to your credit cards and loans. Each action like application to a loan or card, to prompt payments on loans or credit card outstanding to the closure of the loan or cards, all of them affect your credit score.

9 months agoRead More
Importance Of Having A Home Insurance Policy in India

It is the dream of majority of Indian folk to buy a house, and it is the single largest and costliest investment that anyone makes in their lifetime. After you purchase a beautiful house, it’s important that you give a complete protection to your assets against any unfortunate incidents. Catastrophic events such as a fire accident, cyclone, flood, earthquake and burglary can throw you in the most difficult situation of your life. In such circumstances, having a house insurance can spare you from the horror of rebuilding your house all over again or getting a refund for the valuable items lost. 

9 months agoRead More
What All Factors Lead to a Low Credit Score

Your loan application is rejected’- a message like this could bring a lot of disappointment especially when you need financial aid for an emergency. While there could be ways to get money, not knowing the reasons for the rejection could deter you from taking further steps to improving the chances of getting approved for your upcoming loan application.  

9 months agoRead More
Collaterals That Could Be Used To Avail a Loan

Over our lifetime, we accumulate a number of assets which may include high-value ones like a home, a piece of land or other real estate investments; other assets like gold, vehicles; or investments like stocks and shares, etc. And in life, we face many emergencies and situations where we need money to tide through the crisis.

9 months agoRead More
Can Multiple Card Payments During a Month Raise Your Credit Score?

Rajeev is a middle-aged banker and has recently started using a credit card. He is a person who is wary of excessive debts and is aware of the interest charges being levied on credit card debt. And some of his family members have advised him to pay off the credit card outstanding as soon as possible, so he does not even wait for the bill date, he ends up making multiple payments during the month.  

9 months agoRead More
All About Personal Loan EMI

Loans or any form of credit has become an important part of our modern day life. People have moved over the attitude of fear and reluctance towards credit and are going in for more loans for meeting their needs. Loans, especially personal loans, can help you meet a variety of your needs right from catering to a personal emergency situation to planning a wedding or holiday, buying that latest gadget in the market, for house renovation, or just about anything. 

9 months agoRead More
How Does Your Credit Score Affect Your Life?

There may still be a lot of individuals who do not understand what a credit score is and its importance in our lives. And there may be many more who know about credit scores but not about the role it plays. Whether we accept it or deny it, credit score does play a big role in our financial lives, unless someone manages to live their entire life without credit.  

9 months agoRead More
10 Things the Banks Ask When You Need A Business Loan

According to Global Entrepreneurship Monitor (GEM) report, the entrepreneurship levels are stable and increasing gradually across the globe. There are about 100 million start-ups launched every year worldwide. With the easy access to business loans from banks, NBFCs and online lenders, starting a new business is possible for anyone who has the determination to succeed as an entrepreneur.

9 months agoRead More
Business Loans or Business Credit Cards: Which is better financing option for a Small Business Owner?

Establishing and running a business require continuous inflow of cash, both for long-term and short-term use. There are different avenues of financing available for a business owner depending upon their need; be it the duration of financing required, interest rate charged, the ease of obtaining the finance, etc.  

9 months agoRead More
Ways to Build Credit Worthiness After a Low Credit Score

Credit score has taken an important place in the financial world off late. To be able to avail any kind of credit, a good credit score above 750 is essential. The requirement for credit could arise at any moment and a low credit score might have grave consequences of a loan rejection.  

9 months agoRead More
Understanding and Building Your Credit Score

If you notice, you would not like to lend money or any of your personal belongings to a complete stranger as you have no guarantee over if your money or belongings will be returned or taken care of in the right manner.  

9 months agoRead More
Major Mistakes People Make With Travel Rewards Credit Cards

Credit Cards bring in a great amount of convenience and ease in making payments, and when used carefully, they can act as a resource to help manage certain periods of cash crunch as well. Credit cards cater to various needs of the individuals, like a card specially catered for online shopping or lifestyle credit cards that reward you for spending in that particular category, etc.  

9 months agoRead More
Zero Balance Account through Pradhan Mantri Jan Dhan Yojana

Pradhan Mantri Jan Dhan Yojana is a scheme that was launched by the Government of India to ensure the financial inclusion of all the Indian citizens who do not have a bank account in India. It was a nationwide scheme that was launched in August 2014. This particular scheme aims to provide access to financial services such as banking, saving accounts, deposits, credit, insurance and pensions in an accessible manner to all Indian citizens.

9 months agoRead More
5 Best Lenders for Personal Loans in India

Personal loans are one of the easier forms of loans that can be availed without much documentation and within a shorter processing time. Moreover, personal loans are not bound by a particular purpose like other secured loans. Any other loan like a home loan or a vehicle loan can only be availed for that particular purpose and in addition, the asset purchased out of the loan needs to be hypothecated or pledged with the lender till the loan is cleared off.  

10 months agoRead More
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was formerly known as the National Rural Employment Guarantee Act. This Act was notified on the 7th of September, 2005.  

10 months agoRead More
How To Clean Up Your Credit Report?

A credit report is an important part of any individual's financial journey. It is important because we all come across the need for credit one or the other time in life. It may be for a purchase of an asset like a home or a vehicle, to fund education, meet emergency situations like medical emergencies, funding a wedding, a holiday, or to ease the crunch at the end of the month.

10 months agoRead More
Savings Account for Women

There have been several schemes launched in our country to empower women to become self-reliant and independent. You may have noticed that there are special conveniences offered to women such as separate seating arrangements in public transport, special coaches in trains, reservation in jobs, exclusive scholarships, interest rate concession in education loan schemes and special insurance schemes, etc.

10 months agoRead More
How Does Hard Inquiry Affect Your Credit Score?

Rajesh is a software professional based out of Hyderabad. He had just started working and had moved to Hyderabad from his town. On his outings to the malls, there were always people asking him to apply for a loan or credit card. Without giving much thought, he applied to all that was offered to him. He even applied for loans offered over the phone or email. 

10 months agoRead More
10 Things You Should Know About Credit Score

Just after you finish your studies, you enter a job and start you career. Your responsibilities increase, you start to pay your bills and take care of all your expenses. On certain instances, you may have to approach a bank for a loan to manage an immediate financial obligation. Now is the time for you to become familiar with the term ‘Credit Score’.

10 months agoRead More
5 Important Tips To Improve Your Chances of Availing a Small Business Loan

A business is established on the premises of the owner seeing value in his/ her idea and expecting growth of the same. To ensure growth of the business, there is need for funds, which could come either from the owner’s pocket or from an external agency.

10 months agoRead More

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.