No, you must not break your fixed deposit to get a home loan. As you know FD is a long term investment and there are zero market risks. You can borrow a home loan to purchase, construct, renovate and extend a housing unit. The loan will be given at...
Read MoreWhat Does the Mutual Fund Industry Expect from Union Budget 2020?
The capital market had gone through the highs and lows in the year 2019. If the corporate tax rate cut announcement made the market jump for 5-6 consecutive trading sessions, the hike in the additional surcharge on Foreign Portfolio Investors...
Read MoreThese Lenders Offer Personal Loans to Salaried Working in Proprietorship/Partnership Firms!
India’s corporate landscape is diverse with several large, small, medium and micro enterprises. Not only that, if you look into the classification, the landscape will be seen even more diverse with private/public limited companies, as well as...
Read MoreBusiness Loan for Shop
Any kind of shop you are running you required time to time fund for growing your shop. You can look at the various options of non-financial institutions that have business loans for the shop. These are some of the non-banking financial institutions...
Read MoreTop-up Business Loan
Sometimes you need to fulfil your business dreams but due to lack of funds, you step out. But you have another option to fulfil the business requirement by taking the top-up facility. It offers a 1-2% lower interest rate on your ongoing loan. So...
Read MoreCollateral Free Business Loan for Traders
As everyone knows that your business is built with great hard work, honesty and responsibility. Traders play an important role between the manufacturer and consumer goods. If you need immediate money without collateral then you are at the right...
Read MoreHow do Lenders Charge Interest on a Personal loan?
The loan interest rate is the deciding factor while applying for a personal loan. As you know in personal loans users don't need to provide any assets. That's why lenders charge a higher interest rate on personal loans compared to loans backed by...
Read MoreCan I Apply For a Credit Card And Loan at the Same Time?
YES, YOU CAN APPLY FOR A CREDIT CARD AND A LOAN AT THE SAME TIME. You can apply for both the credit facilities at the same time. But the approval will most likely depend on your credit score. There are many credit information agencies such as...
Read MoreHow & When to Part Pay Your Home Loan?
A 20-year home loan of ₹50 lakh at an interest rate of 8.50% per annum will mean interest obligations of ₹54,13,879, more than the principal amount. But you can reduce the interest payment by making a part payment of say ₹1 lakh after the...
Read MoreDebt Mutual Fund Schemes Show Negative Returns as Franklin Writes off Vodafone Idea Debt Papers
Franklin Templeton has written down debt papers worth ₹2,050 crores it got from the crisis-ridden telecom giant Vodafone Idea. The movement comes on the backdrop of the Supreme Court order on Adjusted Gross Revenue (AGR) dues that went against...
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