Loans

Personal loans are usually disbursed to individuals either by banks or by other financial institutions like Non-Banking Financial Companies (NBFCs), to help cover their personal expenses like marriage, home building, children’s education, purchasing cars, etc. They are generally availed when one is short on funds or is faced with a financial emergency. These loans are unsecured and do not require the borrower to pledge any collateral asset. What is the difference between banks and NBFCs? The major difference between the two is that a bank is a licensed financial institution which is authorized by the government to provide banking and financial services. On the other hand, a private company which provides banking services but does not hold a banking license is termed as NBFC. All banks

Housing loan is a long term commitment which requires tremendous patience and a large sum from your monthly income which goes off as the EMI. One may tend to feel the loan as a burden over the course of loan tenure because of the high rate of interest charged. A home loan balance transfer is the utmost solution of sailing through the home loan tenure by shifting from the present lender with the high rate of interest to another lender who has a low rate of interest on offer. A home loan balance transfer is also known as refinancing. It is an excellent option if one wishes to save on some money that would have gone as interest. As a borrower, it is, however, necessary to get to know all the details and understand the process of the home loan balance transfer. Why should one opt for a hom...

Everyone must consider the importance of funding before beginning with any kind of business. Having a good amount of fund helps in better establishment of the businesses and this must be done by keeping in mind the market situation and the financial condition. Be it any startup or established business, to fulfil the objectives of the businesses, proper fundraising is necessary. Focusing on the various ways of fundraising is necessary, and so is the funding procedure. These two significant business components are required for getting a better potential for the fast growth of the business. There are different types of business funding options present in the market and opting for those helps in sustained business growth which is undoubtedly necessary for all the companies. Whenever any inv...

If you’re looking for a payday loan, there’s every chance that you’re under immediate financial pressure and have something urgent to pay for, like a critical bill, the kids school fees or groceries. There’s no shame in it. Practically everyone experiences financial strain at some point or another and there’s not always a friend or family member available to help you out, or the option of a personal loan from a bank if your credit rating has suffered. Short term low value loans, payday loans, are available for just this kind of emergency. They’re not the cheapest way to access finance and they won’t suit everyone but if you’re in a financial pickle, they might be the best solution for you. In Australia, there are significant protections in place for payday loan borrowers and the sector i

Renovating your house can brighten up the entire atmosphere. Getting that chef-style kitchen or changing the interior of the house, renovation of a home can be a costly affair. People often delay refurbishing their houses due to lack of financial assistance. Moreover, they end up compromising while re-decorating the house for the same reasons. Every house requires certain changes or repairs after a few years. Renovation not only refreshes the interior of the house, but it also maintains your house in good condition. One should not procrastinate the restoration of the house. Though home renovations require a considerable amount, it does not mean you have to prepare the funds on your own. You can always borrow a house renovation loan to repair or renovate the house. You can use the funds pr...

Life’s uncertain situations can crop anytime and to meet the immediate monetary assistance, one can go for Personal loans. While you take care of your life’s unexpected demands, ICICI Bank Personal loans have your back. Personal loan is most popular amongst masses, to avail immediate cash, in times of monetary shortfall. Personal loans have emerged as a great way, in the past decade to fund for urgencies, which otherwise becomes a challenge with regular income. ICICI Bank Personal loan Interest Rates are best in the market which offers user friendly EMI’s to its customers. You can apply Personal loans from ICICI Bank upto Rs 20 lakh to meet your immediate financial requirements. All you have to do is either apply online or visit your nearest bank branch. You will have to fill up the appl

Used cars are becoming popular all across India. In 2018-2019, sales  of used cars crossed 4 million for the first time. Comparatively, only about 3.3 million new cars were sold. There are multiple reasons behind this. However, the ease in availability of used car loans has been one of the major drivers. Most borrowers have several questions about used car loans. Here is a comprehensive guide that informs everything about used car loans Which Used Cars can Get Financing? Almost all used cars can be financed. Except for maybe certain imported variants or old cars. Lenders usually approve financing for used cars on a case to case basis. Other aspects covered are the kilometres covered, the purpose of usage (personal or commercial), place where the car would be used (for example, a used

  Mortgage encompasses lots of elements viz., funding amount, rates of interest, period, costs, and settlement and so on. To have a thorough understanding on how each of these variables shall affect your financial resources, you can utilize Mortgage calculators. It not only educates you yet conserves your time while handling mortgage loan provider. How Much Finance? Based upon your existing and also future funds, you can ascertain the amount of lending you will be qualified for, using mortgage loan calculator. You can additionally get to the monthly installment amounts for the lending taken and you can examine if you can make such payments. What Form of Lending? Most prominent forms of Mortgages are fixed rate as well as interest just Mortgages. While a set rate mortgage amortize...

  It is one thing to aspire for a dream but another to make it a reality. Buying a home is that. While many of us aspire to own our homes, very few turn it into a reality. One of the most important aspects of home-buying is to find the finances to fund your home purchase. If you cannot fund it with your own financial resources you can always look up to Tata Capital who can extend a housing loan to you. Thus, a home loan becomes a vital funding resource and as such you have to pay careful attention to the various aspects associated with it. Know your EMI                 Although a housing loan gives you the funds to help you acquire your new home, it is a reality that you must repay the home loan amount you have borrowed along with the interest charged on the loan. In order to hel