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Moratorium Period
What is Moratorium Period for Loans and How to Apply for it?

Category : Financial Insights

Poonawalla Fincorp Team • May 28, 2023 • 2631 views

Sometimes, borrowers may face difficulties in repaying their loans during times of financial distress or unforeseen circumstances. To provide relief and flexibility, financial institutions offer a moratorium period.

Loans vs. Advances
5 Key Differences Between Loans and Advances

Category : Financial Insights

Poonawalla Fincorp Team • May 26, 2023 • 1903 views

Loans and advances are financial products provided by financial institutions to meet various funding needs. While these terms are often used interchangeably, they have distinct differences in terms of nature, purpose, and features.

Personal Loan EMI Calculation
Personal Loan EMI Calculation Formula & Function in MS Excel

Category : Personal Loan

Poonawalla Fincorp Team • May 26, 2023 • 26509 views

When it comes to managing personal finances, understanding how to calculate the Equated Monthly Installment (EMI) for a Personal Loan is essential.

Factors affecting on Working capital
9 Key Factors Affecting Your Working Capital

Category : Business Loan

Poonawalla Fincorp Team • May 25, 2023 • 17413 views

A company has to maintain a proportionate amount of working capital to stay in business. Working capital is among the most important aspects of any business.

Line of credit
Line of Credit (LOC) – Meaning, Types and Examples

Category : Financial Insights

Poonawalla Fincorp Team • May 24, 2023 • 2737 views

People, businesses, institutions, and even governments have their own financial needs. They face various situations in which they have to manage available finances and avail of external help in the form of loans.

EMI FUll Form
What is the Meaning and Full Form of EMI and How to Calculate it?

Category : Financial Insights

Poonawalla Fincorp Team • May 23, 2023 • 7500 views

As businesses and individuals continue to navigate the world of finance, understanding key terms like EMI becomes crucial. EMI, short for Equated Monthly Installment, is a widely used concept in the corporate landscape.

Write-Off Loan vs. Waive-off Loan
Write-Off Loan vs. Waive-off Loan - Its Meaning, Difference & Benefits

Category : Financial Insights

Poonawalla Fincorp Team • May 22, 2023 • 2782 views

In the realm of loans, the terms "Write-Off Loan" and "Waive-Off Loan" often create confusion. This blog post aims to clarify their meanings, highlight the differences, and outline their benefits.

CO applicant and co signer
Co-Applicant & Co-Signer - Its Meaning, Differences, and Pros & Cons

Category : Financial Insights

Poonawalla Fincorp Team • May 21, 2023 • 2374 views

While applying for a loan, there are several terms that you come across which can be challenging to understand. The terms "co-applicant" and "co-signer" come up often, but few understand their distinct differences.

Tips to improve CIBIL Score
How To Improve CIBIL Score After Settlement?

Category : CIBIL Score

Poonawalla Fincorp Team • May 21, 2023 • 12281 views

A CIBIL score, commonly known as a credit score is a three-digit number that represents a borrower’s creditworthiness. It indicates to the lender the credit handling ability and reliability of an individual.

Disadvantages of a Low CIBIL Score to Avail Personal Loan
Disadvantages of Having a Low CIBIL Score to Get a Personal Loan

Category : CIBIL Score

Poonawalla Fincorp Team • May 19, 2023 • 2829 views

Financial stability is essential for guaranteeing an enjoyable life in todays fast-paced world. There may be times when unexpected events or pressing needs necessitate instant financial aid.

CIBIL Score Calculation
Everything You Need to Know About CIBIL Score

Category : CIBIL Score

Poonawalla Fincorp Team • May 19, 2023 • 12186 views

A credit score is a three-digit number that signifies an individuals creditworthiness or reliability when borrowing money from a lender.

Difference Between Credit Score And Cibil Score
Understanding The Difference Between Credit Score And Cibil Score

Category : CIBIL Score

Poonawalla Fincorp Team • May 18, 2023 • 2635 views

In the world of financial instruments, creditworthiness and credit reliability is a crucial factor that lenders consider when evaluating loan applications.

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