Get Personal Loans up to 5 Lakhs in 10 minutes
Get Personal Loans up to 5 Lakhs in 10 minutes
Key Takeaways Penal charges are fees added when you break loan terms, such as missing an EMI. Default penalties should be charged as penal charges, not added as extra interest on your loan rate. As per RBI, penal charges should not be capitalized, so lenders should not charge further interest on them. Always check your […]
Turning 18 is a big deal. You can vote, drive, and legally enter into financial contracts. But can you get a personal loan for an 18-year-old in India? The short answer is yes, but only under certain conditions. Most traditional banks set their minimum age at 21, while a growing number of NBFCs and fintech […]
Understanding the difference between old and new tax regime can leave one confused. One promises lower tax rates. The other gives you more deductions. The real question is not which regime is “best” in general, but which one leaves you with lower tax after applying your actual salary, deductions, and exemptions. For many salaried individuals […]
If you have looked at TVs recently, online or in a store, you have probably felt a little lost. There are too many options, too many screen types, and too many brands claiming they offer the best experience. That is what makes choosing among the top TV brands in India harder than it should be. […]
Key Takeaways A lien amount is money the bank has blocked for a specific reason. You may see it in your balance, but you cannot use it freely. It is usually linked to dues, charges, or a deposit used as security. The lien is removed only after the related issue is resolved. If it looks […]
Planning a wedding is exciting, but it can also get expensive very quickly. Venue bookings, jewelry, clothes, catering, travel, gifts, photography, and last-minute add-ons can all pile up before you realise it. That is why many people search for terms like Pradhan Mantri Marriage Loan Scheme, hoping there is a simple government-backed option or some […]
Key Takeaways Instant loan apps are usually more relevant for applicants with regular income, such as interns or salaried professionals. Before applying, always check eligibility, total charges, repayment terms, and whether the lender is linked to an RBI-registered NBFC or bank. Students without income may find education loans more suitable than instant personal loan apps. […]
Key Takeaways You can check your PF balance in four practical ways: the EPFO passbook portal, the UMANG app, SMS, and missed call. The EPFO portal and UMANG are best if you want to see your passbook in detail. SMS and missed call are better if you just want a quick balance update. For SMS […]
Key Takeaways The base rate is the minimum rate below which banks usually do not lend, except in limited RBI-approved cases. RBI introduced the base rate on July 1, 2010, to replace the BPLR system and improve transparency in loan pricing. Each bank sets and reviews its own base rate at least once every quarter. […]
Key Takeaways Freelancers can get personal loans in India, though the process may be tougher than for salaried individuals. Lenders typically require consistent income proof and good credit scores from freelancers. Bank statements and ITR documents strengthen loan applications for freelancers. Maintaining financial discipline improves approval chances. The freelancing economy has grown tremendously. Lakhs of […]
Key Takeaways A payday loan is a short-term loan designed to cover urgent expenses until your next salary. It typically involves quick approval, minimal documentation, and fast disbursal. While convenient, payday loans usually come with higher interest rates. It is important to evaluate repayment capacity before borrowing. Introduction Imagine your salary is still a few […]
Key takeaways Insurance premiums in India are taxed under GST because insurance is treated as a service. The standard GST rate on most insurance policies is 18%, replacing the earlier 15% service tax. GST 2.0, effective September 22, 2025, exempts individual life and health insurance from GST entirely, reducing the rate from 18% to 0% […]
