Individuals with low credit scores face numerous challenges when trying to secure a loan. Defaults and missed loan repayments make it difficult for defaulters to get an emergency loan. A poor credit score can negatively impact one’s financial ....
Read MoreNot everyone knows that their identity card, the Aadhaar card can double as a safety net. Yes, your Aadhaar card with its unique 12 digit number is an identity card that you can use to avail a loan of up to ₹50,000 in an emergency situation. I....
Read MoreHome delivery has become a very common concept recently, with people being able to order something and have it delivered to their doorsteps. It is not just consumer goods and food but services are also being delivered to doorsteps. Similarly,....
Read MoreOverdraft Facility allows an individual to borrow a certain sum of money for a fixed tenure, even if they do not have any savings in their account, and even when their account balance is zero. The interest rates for overdraft loans are fixed and....
Read MoreA loan is made up of two components, the principal amount and the interest amount, both of which must be paid to the lender within a stipulated duration. Almost all banks calculate the interest rate similarly. As a result, this interest rate is ....
Read MoreWhen you need a specific amount of money to fulfil certain needs and wants, availing a loan may be your only option. However, if you do not own a PAN card can you still get a loan? Most lenders do not provide personal loans to borrowers who d....
Read MoreMany middle-class families aspire to own and live in their dream home. The idea of a dream home varies from person to person, as some prefer flats, others row houses, and yet others like to purchase their own plot and build a custom home. Irr....
Read MoreIntroduced in the year 2000, the CGTMSE or Credit Guarantee Fund Trust for Micro and Small Enterprises is the Indian government and SIDBI or the Small Industries Development Bank of India’s scheme. Put simply, the CGTMSE provides collateral fr....
Read MorePradhan Mantri Mudra Yojana, also known as PMMY, is a scheme created for borrowers who are in need to immediate financial aid. The SBI operates this scheme on behalf of the government, so it is commonly known as the SBI Mudra Loan. This scheme w....
Read MoreLoans in India are divided into two types, secured loans and unsecured loans. Secured loans are those which are offered against a security, and its types are: Home Loans This is a loan where the lender pays a certain amount, so that th....
Read MoreRunning a successful business requires a consistent flow of money. Hence, both banks and the government of India offer financial support for businesses and fledgling startups. In this brief guide, let's explore India's 5 most popular government ....
Read MoreThis comes as equity investors who had gained a lot within the last year are now concerned on retaining the profits in the event the stock market turns bearish. They are keen to expand their interest to other kinds of assets that are non-equi....
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