Category : Financial Insights
Interest amount amortization is a financial process where you systematically pay off both the interest and the principal over a pre-determined fixed period and as per the agreed terms and conditions.
Category : Personal Loan
Life has a way of surprising us with unexpected financial emergencies, whether its a sudden medical bill, an urgent home repair, or other unforeseen expenses.
Category : Personal Loan
In the age of mobile banking and digital payments, applying for a loan online has become easier than ever before. NBFCs, like Poonawalla Fincorp offer fully digital, which make the application and approval process seamless.
Category : Financial Insights
Lenders offer various financial tools, such as loans and credit cards, to meet your financial needs. However, finance charges are levied in case of default in repayment. Credit cards are versatile financial tools that allow you to purchase without cash, but finance charges can quickly increase your monthly credit card bills.
Category : Machinery Loan
Machinery Finance is a crucial tool for business growth, enabling companies to access the latest technology and equipment to stay ahead of the competition. By investing in upgraded machinery and equipment, you can increase productivity, reduce operational costs, and improve product or service quality.
Category : Personal Loan
In todays world, loans are like financial lifelines, helping us achieve everything from buying a home to launching a dream business. As we increasingly rely on loans, a negative aspect has emerged, the Personal Loan scams.
Category : Business Loan
In this blog, we discuss two types of Business Loans – Fixed Capital Loan and Working Capital and explore the differences between the two.
Category : Financial Insights
Credit cards have seamlessly integrated into our lives, providing a streamlined means to conduct transactions both online and offline. Read on to learn the historical trajectory and technological advancements of credit cards in India.
Category : Financial Insights
The CIF number is your unique financial fingerprint, functioning as your banking lifeline. This number connects all your accounts and safeguards your financial information.
Category : Financial Insights
India witnessed an increase in inflation leading to an overall increase in prices. As the effects of inflation reshape the economic landscape, borrowers face a unique set of challenges and opportunities.
Category : CIBIL Score
Credit utilisation is one of the major factors that influences your credit score. It is an indicator of the lending risk, and lenders assess this ratio to comprehend how well you can manage your revolving credit.
Category : Personal Loan
A personal Loan is a form on unsecured credit that you can avail yourself to meet your emergency and aspirational financial needs. It gives you access to funds immediately and the flexibility to use the money for any legitimate purposes you want.