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6 Reasons Why Your Credit Card Application May Get Declined

Category : Financial Insights

Poonawalla Fincorp Team • Jan 19, 2024 • 996 views

Are you worried about your denied credit card application? A credit card application rejection can sometimes be demotivating. With digitalisation and improvements in banking services, you can apply for a credit card within a few minutes from anywhere and at any time. However, your bank can deny a credit card application.

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Tax Benefit on Loan Against Property

Category : Financial Insights

Poonawalla Fincorp Team • Jan 19, 2024 • 2618 views

Wondering if you can avail tax benefits on a Loan Against Property? And if yes, how? Getting a Loan Against Property (LAP) could be a great option for individuals as well as businesses. Along with tax benefits, a mortgage loan will also provide you with financial support.

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How To Get the Password Of e-Aadhaar?

Category : Financial Insights

Poonawalla Fincorp Team • Jan 19, 2024 • 1173 views

A password of e-Aadhaar provides security to your digital Aadhaar when you download your e-Aadhaar card from the official website of UIDAI. The password helps you protect from any identity theft and privacy infringement.

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Understanding the Key Differences Between Term Loans and Cash Credit

Category : Financial Insights

Poonawalla Fincorp Team • Jan 17, 2024 • 7414 views

A term loan is a type of loan that provides you with a lump sum of money upfront, which is to be repaid over a predetermined period, typically in fixed monthly instalments. If you need to borrow a large sum for buying a home, buying business equipment, or buying a car, you can opt for this kind of loan. The repayment tenure for term loans can vary, ranging from a few months to several years, depending on the lender and the purpose of the loan.

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How to Calculate Interest on a Loan?

Category : Financial Insights

Poonawalla Fincorp Team • Jan 17, 2024 • 4241 views

If you want to buy a new home, starting a new business or pursue higher education, accomplishing these dreams may require financial support. One of the best ways to get the funds you need is to apply for a loan. But you must know that loans come with interest. It is the amount you pay the lender for lending you the money when needed.

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How to Check Active Loans Using Your PAN Card: A Step-By-Step Guide

Category : Financial Insights

Poonawalla Fincorp Team • Jan 17, 2024 • 16184 views

PAN card not only serves as identification proof but also helps in checking active loans. Besides, the tax department uses the PAN number to track taxpayers. With the PAN number and Aadhaar card, you can make seamless loan applications and check your active loan account.

thumbnail image maximizing business potential through credit enhancement
Maximising Business Potential Through Credit Enhancement

Category : Financial Insights

Poonawalla Fincorp Team • Jan 16, 2024 • 3448 views

Organisations are always on the lookout for new financial strategies to enhance growth. A robust approach many businesses in India take is credit enhancement. India holds approximately 18-20% of credit enhancement as a ratio to its overall resource capacity. This article discusses the intricacies of credit enhancement, including its meaning, best practices, and how to utilise it for your business growth. Read on!

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Navigating Salary Advance Loans for Quick Cash

Category : Financial Insights

Poonawalla Fincorp Team • Jan 16, 2024 • 7382 views

If youe a salaried professional dealing with urgent financial needs, you can rely on a Salary Advance Loan to fulfil your monthly obligations. This unsecured short-term loan is exclusively for salaried employees like you. Its quick application process ensures funds are disbursed to your account within days for added convenience and the repayment process begins after your paycheck is deposited.

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Empowering Consumers: A Look at Consumer Finance

Category : Financial Insights

Poonawalla Fincorp Team • Jan 16, 2024 • 4506 views

Consumer finance is a lending scheme that enables customers to pay for products over time. It makes cash flow predictable. This financing option helps to convert passive browsers into active buyers and promotes customer loyalty.

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Paying Loan EMI Online: A Guide to Seamless Repayment Transactions

Category : Financial Insights

Poonawalla Fincorp Team • Jan 16, 2024 • 152946 views

Are you tired of the hassle of paying loan EMIs through traditional methods? Do you want to learn about a more convenient and user-friendly way to make your monthly payments? Look no further than online loan EMI payments.

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How Does Credit Card Refund Work?

Category : Financial Insights

Poonawalla Fincorp Team • Jan 15, 2024 • 3206 views

Often, purchasing things with a credit card is convenient and has various benefits, such as cashback, rewards, and protection from fraud. However, sometimes you might want to return the product because it was defective, or you placed an order by mistake. Thankfully, with the credit card refund option, you can get your money back on time. Keep reading to know how!

thumbnail image redefining finance peer to peer lending platforms
Redefining Finance: Peer-to-Peer Lending Platforms

Category : Financial Insights

Poonawalla Fincorp Team • Jan 15, 2024 • 3024 views

When you think about getting a loan, banks and NBFCs might be the first options that come to mind, but guess what? There is another alternative available, known as the peer-to-peer lending system or P2P lending. This lets you borrow directly from individuals or investors through online platforms. It is a fresh way to get loans with potentially lower rates and a simple process. 

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