Category : Financial Insights
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.
Category : Business Loan
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.
Category : Financial Insights
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.
Category : Financial Insights
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.
Category : Financial Insights
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.
Category : Financial Insights
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.
Category : CIBIL Score
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.
Category : CIBIL Score
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.
Category : CIBIL Score
A credit score is a three-digit number that signifies an individuals creditworthiness or reliability when borrowing money from a lender.
Category : CIBIL Score
In the world of financial instruments, creditworthiness and credit reliability is a crucial factor that lenders consider when evaluating loan applications.
Category : CIBIL Score
CIBIL score for loan applications is one criterion that is required to be fulfilled even when booking a car or Pre-owned Car Loan. For getting a car loan or Pre-owned Car Loan, a good CIBIL score is required as it ensures the lender about the individual’s financial discipline and ability to repay on time.
Category : CIBIL Score
In todays fast-paced world which practically functions on credit and lending industries to fund the modern lifestyle, maintaining a good credit score is of paramount importance.