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Loans vs. Advances
5 Key Differences Between Loans and Advances

Category : Financial Insights

Poonawalla Fincorp Team • May 26, 2023 • 3082 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.

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

Category : Business Loan

Poonawalla Fincorp Team • May 25, 2023 • 21514 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 • 4451 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 • 8758 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 • 4553 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 • 3573 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 • 20843 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 • 4053 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 • 15894 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 • 3835 views

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

CIBIL Score for Car Loan
What is a Good CIBIL Score For a Car Loan?

Category : CIBIL Score

Poonawalla Fincorp Team • May 17, 2023 • 3889 views

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.

CIBIL Login Process
What are the Steps To Login On CIBIL Portal?

Category : CIBIL Score

Poonawalla Fincorp Team • May 16, 2023 • 5765 views

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.

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