What is that one thing that impresses lenders the most when they review a personal loan application? Is it the income of the applicant, his/her workplace or something else? Well, lenders do scrutinize income and workplace before approving a personal...
Read MoreWhat is the Maximum Loan Tenure Offered to NRI Salaried Customer for Purchase House/Flat
Keeping in mind the increasing demand of Home Loan among NRI and unique regulatory requirements. Banks and housing finance companies have curated specialized schemes for Home Loans for NRI. And NRIs can avail Home Loan from any corner of the world...
Read MoreWhat is the Best Way to Buy a House?
In an ideal world, the best way to buy a house will be to pay its price in one go, instead of doing so with a home loan and paying interest on the same. But given the real estate prices, many can’t buy a house without a loan. On average, the...
Read MoreWhat Makes Individuals Default on Loans and Credit Cards?
Today, you can get a loan for buying even consumer durables, far away from the time when loans were for just a few things. Similarly, people are increasingly using credit cards for travelling and shopping. What's more, they can get a loan against a...
Read MoreWill Taking a Loan on a Credit Card Affect My CIBIL Score?
A credit card enables so many things for individuals from booking their travel tickets to letting them enjoy the meals of restaurants. Besides, it saves for you with rewards, discounts and cashbacks on your transactions. What if we tell you can get...
Read MoreWhich Bank Should I Apply at If I want a Personal Loan?
The demand for a personal loan is always high given that you can take it for multiple purposes - marriage, education, travel, medical emergency, etc. But you should not apply for a personal loan without any thought. Yes, the interest rate can be...
Read MoreDifferent Home Loan Repayment Options Explained
Given the current property rates, the home loan amount will most likely be in the range of INR 20 lakh to INR 60 lakh. It will keep the Equated Monthly Installment (EMI) relatively high. It's all good when you keep paying the EMIs on time. Not only...
Read MoreInterest Cashback Scheme 2020 on Business Loan Interest Charged During Moratorium
In the month of March 2020, the central government has announced a moratorium period of 3 months during which the individuals were allowed to skip the EMIs on exiting business loans. Later on, the moratorium period was extended to August 2020. But...
Read MoreGet Interest Cashback on Credit Card Interest Charged During Moratorium Period
During the lockdown period when the whole nation was at rest, the government had announced 3 months moratorium period in which the credit cardholders can skip their payment of credit card bills. The moratorium was from March to May. Later, the...
Read MoreHow Much Interest Cashback Will You Get on a Personal Loan?
Did you take a moratorium for your personal loan from March 1 to August 31, 2020? Or did you pay the loan EMIs as usual? Whatever the case may be, you will get interest cashback on your personal loan repayment. The government has announced an...
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