Category Archives: Loans

Common Personal Loan myths busted!

A personal loan is a saviour when you need short term liquidity, don’t you agree? The hassle free application process and quicker disbursement has made personal loans the choice and millions. Despite its popularity, certain myths about personal loans make it look like a debt trap as people don’t bother to confirm these misconceptions. Let’s clarify them for you so you know the facts and you know exactly what you’re getting into when you apply for a personal loan.

Home Loan Rates as on 16th Oct 2015: When it Rains, it Pours!

[table id=39 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

Home Loans: Why Your Application Might Be Rejected

The journey between deciding to buy a house and actually moving in is a long and tedious one. Planning and research is key. Sometimes we look at the big picture and lose track of the trivial details. A rejection by the bank is probably one’s biggest fear. Here are some ‘unusual’ reasons for your Home Loan application getting rejected.

The Circle of Life: How Your Entrepreneurial Dreams Unknowingly Finance Others

Gone are the days when people were scared to experiment and stuck to their mundane jobs for the sake of a livelihood. Today, the world is filled with entrepreneurs who are not afraid to take risks; putting their careers and savings at stake to make a mark for themselves in this competitive era. India is… Read More »

Home Loan Rates as on 9th Oct 2015: It’s Raining Rate Cuts!

[table id=38 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

5 Smart Tips to get the Best Interest Rates on Your Car Loan

So you’ve picked out a beautiful sleek car after a lot of nail biting and you’re already imagining driving it. Stop. Are you sure you’re ready for your car loan though? Getting a car loan may look simple in today’s instant loan era, but getting the best rate for your car loan is the most… Read More »

Can Small Finance Banks be the Angels Entrepreneurs Are Looking For?

Missed a funding round by Tiger Global? Passed over by Catamaran Ventures? Wondering what it’d take to land an angel investor or seed funder when everyone who’s anyone is getting funded? Fret not. Small finance banks are here! Budding and wannabe entrepreneurs can breathe a bit easy now. Late last month, the RBI granted new… Read More »

SBI’s Home Loan Rate Tweak: Existing Customers Stand to Benefit

For the State Bank of India (SBI), the market leader in the home loans segment, old certainly seems to be gold. That is, old customers are gold. Nothing else explains the latest rate tweak by the leading lender, which has kept home loan spreads unchanged for existing borrowers but has increased the same for new customers.… Read More »