Most Indians take their family on vacation in summer since most of the schools, universities and educational institutions are on break. It sometimes becomes confusing to find the perfect vacation spot with so many travel packages and travel recommendations.
Personal loans can be used for a variety of purposes, including education, marriage, vehicles, medical care, and more. However, the amount of a loan varies from person to person, so its a good idea to figure out your financial needs before applying for a personal loan
Weddings are a massive event, especially in India. Even after the big day, there involve many traditions, and rituals, which add up to the overall cost of the event.
As medical technology advances and peoples purchasing power increases, more and more Indians are using medical services, the key to which is medical stores. Medicines are seeing about 17% inflation every year.
Serious illnesses could significantly affect your lifestyle and impair your ability to earn. These diseases require special care and treatment which makes them expensive. You will need to shell out a large amount for this purpose
A medical emergency can happen at any time. Sometimes paying a medical bill right away is not easy. This is a problem even when you have medical insurance. This may be because the plan you have will not be able to recover all the expenses
Many medical professionals have the ambition to set up their clinic, dispensary, or diagnostic centre. Right plans and making a roadmap of what to do is vital in case you want to start a diagnostic centre.
Building a hospital is expensive and challenging. A few of the challenges include large capital requirements, location of the hospital, electricity, and water, adopting green building strategies, approvals, certifications, licenses, manpower availability, regulations, and guidelines.
Micro, small, and medium enterprises (MSMEs) are among the largest employment providers in India. The total contribution of MSMEs to the overall employment in the country is 69%.
A small business incurs many expenses, from stocking inventory, and repairing machinery, to managing payroll for daily working capital needs. As small business owners, they have limited cash flow and capital.
Many times, you may find that your earnings are not enough to meet the urgent expenses. A Personal Loan can help you manage your situation better and save the day!
Getting a business loan is easy and opens many options for growth and expansion. While getting a Business Loan is relatively easy, provided you choose the right lender, using the proceeds of the Business Loan correctly is a challenging task.
Why do individuals, firms and businesses choose to borrow money from lenders? This is all because we need the money for all the situations.
As per capita income increased in India, people started spending more on cars. If you are planning to take a loan to buy a new car, then you need to approach the lending market for a suitable car loan.
Most small and medium-sized businesses need to raise funds from time to time to take the company to the next level. These businesses have always been the backbone of the economy.
Collateral-free loan refers to any loan that does not require any asset, security deposit or the backing of a guarantor. These are also called unsecured loans.
Getting a personal loan approved has become a much simpler process. You can easily get a personal loan with minimal documentation. Having said that, you need to have a precise understanding of how to repay your loan quickly.
Loans provide financial assistance, from necessities like medical expenses to buying a home to planning a vacation or luxuries like buying an expensive smartphone. We avail of loans for a variety of reasons.
A personal loan is an effective option to meet your immediate and unplanned financial needs. Whether it’s something planned like a wedding or remodeling a kitchen, or a contingency like a medical emergency,
There are many options for consumers when it comes to buying a new car. It is not just about choosing the model and brand of the car, but the question is whether you want to buy a new car or a used car.
Applying for a personal loan without due deliberation can lead to its rejection. The next time you try to qualify for a loan, bear in mind the reasons for which the loan may get rejected so that you can stay away from those reasons.
Working capital refers to the money needed to perform day-to-day business operations. These loans are not used to buy or invest in long-term assets and are instead used to meet the short-term operating needs of businesses.
In India, lenders keenly watch the credit score when it comes to lending to an individual. So, one must know about their CIBIL score and the ways to improve it. The loan is given by a lender to a borrower in whom the lender has full confidence.
Coronavirus has changed the norms of finance around the world. Indian banks were performing well and progressing well before the arrival of Covid-19. And this was despite increasing competition from NBFCs and financial setbacks.
Do you have a wedding wish list? The perfect location, that gorgeous ring, mouth-watering food, dreamy decor, and well-matched wedding dresses, among other things? Now you can have all this and much more without worrying about money.
Hospitals need to keep stock of an all-inclusive supply of medical equipment to be prepared to deal with anything that might come through their doors. For example, equipment and furniture for an OPD consultation room may typically include doctors tables and chairs
Hospitals need to keep stock of an all-inclusive supply of medical equipment to be prepared to deal with anything that might come through their doors. For example, equipment and furniture for an OPD consultation room may typically include doctors tables and chairs
One of the most important benefits of applying for a personal loan is that you do not need to specify the purpose behind taking it.
A business loan is any loan given for business-related expenses. The borrower who applies for a business loan can be a small to medium-sized enterprise (SME), a micro, small, and medium-sized enterprise (MSME), or the largest business to exist.
At times, you need funds for paying off your pending bills, servicing debt, making wedding preparations, buying the latest gadget, or taking a quick vacation.
These days, small retail businesses look for business loans to aid the expansion of their enterprise. One such type of small enterprise is a shop or a retail enterprise.
In todays time, most homemakers manage their homes and try to meet the needs of their family members. But even they have their own needs that can be sometimes best met with a loan. Can a housewife take a loan if she does not have a stable income? Yes, she can!
A loan is the lending of money to a borrower with the underlying premise that the borrower will return the borrowed principal amount along with pre-decided interest within a specific timeframe.
Due to restrictions on movement caused by the COVID pandemic, there has been a shift towards digital payments. We can see examples of this in our day-to-day life. We prefer to do all our payments digitally rather than visit local grocery stores, malls, and markets.
A Business Loan is an unsecured loan from a lender to a borrower, intended to cater to the needs of a Business. Business loans do not directly have any effect on the amount of taxes owed. As per the Income Tax Act 1961, money that is borrowed does not qualify as income in a business.
Want a life-changing experience of studying abroad but dont have enough resources? Craving for your academic and professional development but lacking funds? A personal loan for education can help you achieve your dreams
A Personal Loan is a type of unsecured loan extended to an individual for various purposes such as home improvement, debt consolidation, a significant purchase, or a financial emergency.
Personal loans are "all-purpose loans". You can use them to meet any personal or financial need, such as paying expensive medical bills, financing a business venture, arranging lavish wedding ceremonies, investment purposes, etc.
What, if your CIBIL score is high? Why the CIBIL score is so important? If you are looking for answers to these questions, we’ve got the answers ready for you. A credit score is a 3-digit score given by any of the credit bureaus - CIBIL, Experian, Equifax or CRIF High Mark, based on your past and present credit behavior.
Every medical practitioner knows the importance of medical equipment to provide high-quality care. But keeping up with the latest technology is not always easy. You should be able to maintain your day-to-day practice while covering this significant expense.
Personal loans are a great option for financial emergencies as they do not require collateral and have simple formalities. But did you know that you can improve your credit score with a personal loan? You must have heard that it is also necessary to have a good credit score to get a personal loan in the first place.
With different monthly payments on different dates, paying off multiple loans often becomes difficult. Here, the easiest route to hassle-free repayment is debt consolidation, i.e., combining all your debts into one loan.
Ever since the Startup India campaign was announced in the year 2015, the number of new Micro, Small, and Medium Enterprises (MSMEs) has been on the rise. The program is based on an action plan aimed at promoting bank financing for startups
Everyone needs financial assistance from time to time, and people tend to find loan options to avail of it. However, there are many options out there, and you may have difficulty deciding between them. Gold loans and personal loans have fast become well-known options for emergency cash infusions.
When it comes to home loans, many financial terms confuse applicants. Mostly, borrowers get confused between a home loan and a loan against property, and their features and benefits become more confusing for them.
A loan against property or LAP is one type of secured loan in India. A secured loan is a loan where a lender, typically a bank or non-banking financial company (NBFC), lends funds to a borrower in exchange for collateral.
A mortgage loan is one of the most preferred types of secured loans. A secured loan is one where a borrower can pledge their property to a lender in exchange for receiving funds. Banks or non-banking financial companies (NBFCs) are the usual mortgage loans lenders.
A loan against property can be used for various financial requirements. It can assist you with anything, right from purchasing a new home to the establishment of a new business. However, it is essential to understand the factors determining the loan against property interest rate.
A loan against property or LAP is a secured multi-purpose loan given by lending institutions like a bank or non-banking financial institution (NBFC) to a borrower in exchange for holding their property as collateral.
A loan against property or mortgage is a type of secured loan that allows you to pledge or keep your property on hold to receive funds. Secured loans are where the lender has a sure source of getting their loaned money back from the borrowers assets.
In India, obtaining a personal loan is at your fingertips, thanks to the digitalised solution offered by numerous financial institutions. With only a few papers and without visiting the lenders office, you can get immediate approval.
Unlike a secured loan, a personal loan allows you to borrow money without having to pledge collateral. For those who do not want to risk pledging their assets with secured loans, a personal loan is one of the most popular options.
Every business goes through ups and downs before it becomes an established business. Every business, whatever its size and age, will face both profit and loss at some point in its journey. Such profits and losses have a profound impact on a business when it is in its initial stages.
If you are planning to take a personal loan, it is essential to have as much knowledge as possible about the loan and the entire approval, disbursement, and repayment process. Especially to fund a financial emergency, you should try to know as much as possible about the loan disbursement process.
A personal loan is an unsecured loan. It lets you borrow funds from a lending institution without pledging any collateral or asset like an immovable property, a vehicle, or a life insurance policy. You can use a personal loan for various purposes
The process involved in selling a financed car is not complicated, it is simple but time-consuming. When the car is financed, three parties will be part of the deal – you (the owner), the buyer, and the bank that gave you the loan.
Most types of loans offered by banks and financial institutions are designated for a specific end-use, such as a home loan, education loan, or car loan. A personal loan is more ubiquitous because you need not provide a reason to apply, leaving you free to use it for a variety of purposes.
A personal loan is an unsecured loan. There is no requirement that you pledge any asset as collateral or security. When you take a home loan, you purchase a new home. Similarly, a car loan helps you buy a new car.
As a business owner, you might often wonder about the best possible way to fund a particular business need. A business loan can help you fulfil various purposes, such as expanding a business, purchasing additional assets like land or leasing a factory, buying equipment or inventory
The availability of various loans have made our life easier and more convenient. You can borrow these loans and use them to fulfil all your financial requirements without any hassles.
The famous saying that life is unpredictable is not an exaggeration. Sometimes life throws curveballs at you when you least expect them. While it is good to plan for such contingencies, it may not always be possible.
Real estate assets always have the potential to cater to your different financial needs. When you need funds, you realise how valuable owning a piece of land is. Trading your property for money is one of the most cost-effective ways to arrange funds.
No matter how small, medium or large a business is, they will always require additional cash flow to meet their daily needs. The purpose of getting a loan varies depending on whether you need it to start, run, or expand your business.
Getting a business loan is easy in most cases. The business owner just needs to fill out an application form with a particular lender to get a business loan. Along with filling out the application form applicants must fulfill the eligibility criteria of that lender.
Your dental practice requires a lot of sophisticated tools and machines, whether drills, physio dispensers, dental chairs or accessories, dental lasers, handpieces, sterilization, and general equipment.
Taking a loan today is easier than ever. Commercial banks (private and public sector) along with non-banking financial corporations (NBFCs) make it quite easy for borrowers to get loans to meet their various financial needs.
Starting a business and establishing it in the market can be a difficult chore. It takes a significant amount of effort, experience, and, most importantly, money. If you dont have easy access to funds, your business will suffer, but so can your personal finances.
Being a small business owner, you know what it takes to start a business from scratch and expand it to greater heights. You might have faced several challenges during your business journey.
Over the last few years, Indias banking and financial services industry has evolved considerably. In the past, getting a loan was a tough nut to crack. In those days, people relied on their friends, relatives, or non-registered moneylenders for their urgent financial needs.
Credit cards are a reliable source of money to use for purchases, service bills, vacations, or emergencies. With the help of a credit card, you can make your expenses now, and pay them later, before the deadline.
The medical profession is a noble profession. It is one of the oldest and most respected professions. It not only allows you to earn a good amount of money but also provides an opportunity to serve humankind in a truly remarkable way.
You must know about the different types of loans available in the market. For example, there are car loans for purchasing a new car, home loans for buying a new home, and business loans to establish and expand your business.
Medical spaces and equipment require quite a hefty investment, with each machine costing a significant amount after you have already spent a small fortune on college. Since this amount can be too much for any single person to afford, there are other avenues these days that can help you finance your practice and fulfil your dream.
Your home is not just a roof over your head. Its the place where you live with your loved ones and spend the maximum time of your life. It is also a reflection of your social status, pride, personality, and accomplishment.
And since personal loans are collateral-free loans, lenders won’t ask you for security or guarantor. It means that you are not required to put any of your personal or professional assets on the line to qualify for financing.
Banks and financial institutions provide personal loans to help meet personal financial goals, such as organizing a dream wedding, planning an exotic vacation, or clearing medical emergency expenses. A common question in the minds of most borrowers is - how much personal loan can I get?
Summer is the best time to relax. This is a wonderful time to holiday as schools and colleges also take a long break. So, families are on the go during summer! Honeymooners, couples, friends, and families can enjoy their summer vacation at numerous locations around the world.
Digitalization has made it easier to get paperless loans online. Such paperless loans are usually approved within minutes or hours once they have been submitted. What`s more? You can apply for an online personal loan from the comfort of your home by simply visiting the preferred lender`s website.
If you are a doctor planning to start your career or someone who is about to open a clinic, you will need to invest in medical equipment and technology and that is where a medical equipment loan comes in.
Buying a house is one of the most critical purchase decisions of ones life, and many people wish to have their home built exactly the way they want instead of settling for an apartment or pre-constructed property.
The last two years have been very stressful for all of us due to the COVID-19 pandemic. The pandemic ravaged the entire world and resulted in massive loss of lives and the economy. Most of us were forced to stay inside our homes, and working from home became the new normal.
Pre-approved loans are instant loans disbursed by banks and NBFCs to select customers. They require minimum documentation and no collateral or security. The loan interest rate varies based on the borrowers profile.
A home is not just a roof over your head. It is a reflection of your social status, pride, and accomplishment. After all, not everyone can afford to own a house with the inflation rate increasing perennially.
Personal loans are one of the widely used funding methods that aid millions of people through difficult times.
Marriage is the start of a meaningful, long-lasting relationship. But preparing for marriage is a different ballgame altogether.
A personal loan can help you immensely when you need urgent finances. Be it tackling a medical emergency, paying for your wedding expenses, planning a dream vacation, or renovating your home; a personal loan can help you meet your various financial requirements in a hassle-free manner.
A loan against property or LAP can be an excellent alternative to a personal loan. It can help you access finances in the hour of need and meet your various financial requirements.
Whenever we face a financial emergency, the first thing that comes to our mind is applying for a loan. By taking a loan from a lender, we can access urgent finances and meet our requirements.
Personal loans have made our lives easier and more convenient. From tackling a medical emergency to planning a dream vacation with your family to renovating your house, you can get a personal loan and meet all your financial requirements without any hassles.
Countless people dream of owning a home. But due to the soaring land prices, only a tiny percentage of people can realise this dream.
When you borrow money, you may have a plan to repay in some time. But you may find yourself in a situation where you cannot meet your obligations.
Personal loans are the go-to option for meeting financial goals and requirements. They are unsecured loans and do not require any collateral.
Buying a house is a dream for everyone. It not only fills you with a sense of pride but also protects you from paying monthly rent and searching for a new house every time your landlord asks you to vacate their property.
Buying a house is like a dream come true for everyone. Living in your self-owned home, no matter how big or small it is, is an entirely satisfying experience.
The Coronavirus pandemic has taught us the importance of saving money so that one can address a health or any other personal emergency.
Personal and professional loans serve different purposes today in the financial and business sectors. Gone are the days when you had to sit back due to a lack of funds to start a new business or to upscale yourself.
Buying a car is a luxury for some and a requirement for some. Even during the COVID-19 period, the importance of owning a car was felt by many individuals when they could not use public transport freely.
Running a small business in India is very tough. The increasing competition, low-profit margins, and innovative business models are making it tough for small businesses to stay afloat.
There would be times in your life when you may need additional funds for any personal or professional requirements.
An investment made for buying a house or for home improvement is considered a wise choice in our society.
We need money to fulfil any dream we have that we may not always be able to achieve because of financial limitations. But does that mean we should stop dreaming at all.
Getting behind the wheels of your car is a wonderful experience. But finding the right car that fits your budget and aspirations is not a cakewalk.
One applies for a loan to meet various needs in life. These loans include business loans, personal loans, auto loans, education loans, home loans, etc.
The COVID-19 pandemic has changed urban mobility in several ways. Most people have started to avoid public transportation modes, including buses, autos, local trains, and taxis.
If you have a CIBIL score of 750 and above, the chances of getting a loan at an attractive interest rate are higher. The CIBIL credit score is usually a value between 300 and 900.
The micro, small, and medium-sized enterprises (MSMEs) are the growth engines of the Indian economy.
Technology and medicine go hand in hand in today’s times. With the rapid advancement in the field of technology and medicine, being up to date is essential for any doctor or medical professional.
Personal loans are often the preferred financial instrument to finance people who need funding, either to achieve their personal goals or to take care of an emergency.
From business credit cards to investor loans, there are quite a few ways to raise funds to grow your business.
When unexpected needs arise against ones preparedness, many people turn to personal loans for help.
