Most often, due to lack of marketing or unawareness of the products that various banks offer, most people resort to availing a personal loan for their financing their needs. But little do they realize that their stubbornness to get their product and availing a personal loan at exorbitant rates of interest is not going to… Read More »
Availing a loan is not a crime. It is a finance option where an individual is required to take at the time of any financial requirement. But if you take this debt for granted, it sure will consume your life savings. In case of an education loan, things are pretty simple in this case as… Read More »
This move from the RBI came after the complaint that was sent to RBI by a few chairmen of various public sector banks. These officials were accusing the gold financiers of not adhering to the norms of KYC. Muthoot Finance and Manappuram General Finance & Leasing are the largest gold financiers that are listed on… Read More »
If you thought that only people who earn fat salaries and are financially secure, are the ones who are eligible to a loan by financial institutions, then its time you change your perspective. Although it is true that, just by presenting their bank account statement, they will be entitled to hassle free loan availing process,… Read More »
While school and college fees are relatively low, it is not the case with higher studies, especially when it is pursued abroad. Hence banks and financial institutions provide educational loans to fund studies. These are special purpose loans that help the students cover the cost of pursuing a higher degree or some specialized courses. They… Read More »
Under the scheme, loan amounts up to Rs 30 lakh would be offered at 9.9 per cent, loans between Rs 30-lakh-Rs 75 lakh at 10.35 per cent and loans of Rs 75-lakh-Rs 1.5-crore can be availed at 10.75 per cent. This scheme provides an option to customers to convert to a fixed rate scheme for… Read More »
Well, it is obvious that, for a great holiday you need deep pockets that can cover up all your expenses that your family is bound to make. But have you thought how handy can a loan come in this kind of a situation? So, this vacation you have thought about a foreign holiday. Greece, Paris… Read More »
With vacations and festivities in the corner, it is generally observed in this period, that there is a sudden surge in the real estate market. Not only from the buyers’ share in the entire property market, there is a good demand for lenders and developers. If you are one of the buyers then make sure… Read More »
This is what any prudent loaner will do. If you want to enjoy lower interest rates on your home loan during the course of your home loan tenure, do not change your lender. Ravi(39) had borrowed a home loan in the year 2005 which was at 5%, now with the inflation, and rising prices, the… Read More »
With the global economic recession, and the resistance of the Indian economy to withstand the global pressure, The realty sector of our country faced a short slowdown in 2008-09. But with the increase in the consumers’ confidence and lower interest rates which the banks provided at that time, the demand for properties began to surge.… Read More »