Get Personal Loans up to 2 Lakhs in 6 minutes
Get Personal Loans up to 2 Lakhs in 6 minutes
Understanding a loan repayment schedule is crucial for anyone planning to take a loan. It’s a detailed plan that outlines how a loan will be paid back over time, including the amount of each payment and the frequency of payments. This schedule can help borrowers manage their finances effectively and ensure timely loan repayments. Tools […]
मोबाइल लोन क्या है? मोबाइल के आने से कई ऐसे काम चुटकियों में हो जाते हैं जिनमें पहले बहुत मेहनत और समय लगता था. किसी बैंक या एनबीएफसी से लोन लेना भी इन कामों में से एक है. जब आप अपने फोन में किसी लोन ऐप को डाउनलोड करके उसके द्वारा लोन लेते हैं तो […]
In this age of digitisation, having a reliable laptop is no longer a luxury but a necessity. Whether it’s for professional work, educational purposes, or personal use, the demand for the best laptop brands is constantly on the rise in India. However, the cost of acquiring a top-quality laptop can be a significant hurdle for […]
Securing a ₹50,000 personal loan without a pre-existing Credit Score may sound difficult, but the modern fintech landscape, driven by RBI-regulated digital lenders and NBFCs (Non-Banking Financial Companies), is changing that narrative. These institutions now leverage sophisticated data models and alternative data points like bank account activity and utility bill payments to assess the creditworthiness […]
Credit information plays a crucial role in financial decision-making, and this is where commercial CIBIL and consumer CIBIL come into the picture. While both serve the fundamental purpose of tracking credit histories, they cater to distinct segments of the financial market. Consumer CIBIL, primarily focused on individual credit histories, plays a pivotal role in personal […]
Payday loans and personal loans are two common forms of credit that cater to different needs and financial situations. The difference between payday loans and personal loans is significant, impacting both the borrower’s repayment strategy and financial health. Payday loans, often seen as a quick fix for immediate cash needs, differ vastly in terms of […]
A credit report has multiple components using which the overall credit score of an individual is determined. If you know these components in detail, managing your finances while maintaining a higher credit rating can become a smooth process. Among these components, STD, LSS, and DPD play significant roles. STD meaning in CIBIL refers to ‘Standard’, […]
MCLR, which stands for Marginal Cost of Funds based Lending Rate, is a benchmark rate set by banks to determine the interest rates on loans. This rate reflects the cost incurred by banks to fund their loan products and is crucial in determining the MCLR interest rate for borrowers. The MCLR rate for personal loans […]
Have you ever been puzzled after your personal loan application rejected? You’re not alone. Many of us have been there, trying to figure out the personal loan rejection reasons. It’s a common hurdle in the journey of managing personal finances. Whether it’s due to credit score issues or other loan rejection reasons, understanding why it […]
A simple interest rate is a straightforward method of calculating the interest charge on a loan or investment. Understanding the concept of a simple interest rate is crucial if you are dealing with loans and investments. Simple interest operates on a straightforward principle: interest is calculated solely on the principal amount. This means that for […]
Apply Now Have you ever found yourself wondering whether to make a part payment on your loan, go for a full prepayment, or even consider a pre-closure? Understanding the essentials of personal loan pre-closure, part repayment and prepayment is important because it will help you decide which option is best suited for your financial needs. Part […]
When considering a personal loan, one of the critical decisions is choosing between a fixed interest rate and a floating interest rate. Understanding fixed vs floating interest rate is crucial for borrowers to make an informed borrowing decision. A fixed interest rate remains constant throughout the loan tenure, offering predictability and stability in repayments. What […]
