Get Personal Loans up to 5 Lakhs in 10 minutes
Get Personal Loans up to 5 Lakhs in 10 minutes
A credit score is a key factor in determining your financial health. It impacts loan application, credit approval, rent and, even your job acceptance in some cases. So, what happens when you have a bad credit score? It is imperative to understand what factors contribute to a bad credit score and take measures to improve […]
When you take any type of loan like a personal loan, home loan or education loan, the loan repayment can be done in several ways. One of the ways for loan repayment is advance EMI. Advance EMI is a smart option to choose as it gives you the flexibility to pay off the loan early […]
Are you planning to buy property soon? If so, you’ve probably come across terms like Pre-EMI and Full EMI. Understanding these payment options is crucial for making an informed decision. Want to know more about what they mean, their benefits, key differences, and the tax implications? Let’s understand it step by step! What is Pre-EMI? […]
Investing in mutual funds is a great way to grow your money over time, but it’s important to weigh the risks and rewards. Finding the right balance between the two is key to making the best choice for your financial future. To help you out, here’s a simple guide that will walk you through mutual […]
What is a CRIF Credit Report? A CRIF (Centre for Research in International Finance) Credit Report is an overview report of your credit history. It is created by CRIF High Mark, a credit bureau in India. This report shows your financial behaviour which includes borrowing habits, loan and credit card details, repayment history. It also […]
Personal loans and business loans each serve a different financial purpose. Depending upon your financial requirement, you can opt for the type of loan that best suits you. Understanding the key differences between both will help you to make the best choice. This blog explores key differences between personal loans and business loans, and the […]
Buying a car is exciting, but let’s be honest – it can also be a pretty big expense. Whether you’re eyeing a budget-friendly ride or something that fits your lifestyle, the options are endless. But paying for a car upfront isn’t always realistic, which is where financing comes in. When it comes to financing, two […]
What is a Personal Loan? A personal loan is a type of unsecured loan offered by banks or financial institutions to help individuals meet their financial requirements. While a secured loan requires collateral, personal loans do not require any collateral, making them a convenient option to access funds. The loan is repaid in fixed monthly […]
What is a Non-Performing Loan? A non-performing loan (NPL) is one where the borrower has not made any repayments of scheduled principal or interest for at least 90 days. To align with global standards, the Reserve Bank of India (RBI) has implemented the 90-day loan overdue norm (applicable since March 2004). NPLs are further categorized […]
What is Credit Repair? Credit repair is the process of improving your credit history that may have been hampered due to varied financial reasons. This includes removing or disputing any errors or cases of identity theft. Credit repair helps to improve your credit score by addressing all the factors that hamper it. You may hire […]
The full form of NACH is the National Automated Clearing House. Managed by the National Payments Corporation of India (NPCI), it facilitates electronic transactions between financial institutions. It is a system that allows banks and other such financial institutions to automate recurring payments. This ensures faster transactions and timely payments. It is mostly used for […]
A Non-Banking Financial Corporation (NBFC) is a company that is registered under the Companies Act, 1956 whose operations are managed by the Ministry of Corporate Affairs and the Reserve Bank of India. They offer financial services like instant personal loans, asset financing, insurance services,investment services, microfinance, real estate financing, deposit services, credit cards and securitization. […]
