Get Personal Loans up to 5 Lakhs in 10 minutes
Get Personal Loans up to 5 Lakhs in 10 minutes
An early salary loan is a short-term loan that helps salaried individuals access money before their next salary date. People often use it for urgent expenses, salary gaps, medical bills, rent, travel, repairs, or other needs that cannot wait until payday. Recently, some state-level employee schemes have also explored earned salary access to help workers […]
Key Takeaways Prepaying a personal loan can help you save interest and become debt-free sooner. It works best when the interest saving is higher than any prepayment or foreclosure charge. Prepayment usually saves more when done in the early or middle part of the loan tenure. Part-prepayment may reduce either your EMI or loan tenure, […]
Key Takeaways Quick loans are typically for smaller amounts with a short application process Express loans are usually pre-approved, with instant disbursal Quick loans and express loans are both designed for faster borrowing. Your CIBIL score, income, and repayment history affect eligibility for both Always review the Key Fact Statement (KFS) before accepting any loan […]
Key Takeaways A personal loan gives you more flexibility because the money is usually credited to your bank account. A consumer durable loan is mainly used to buy one specific product, such as a refrigerator, TV, laptop, phone, AC, or washing machine. Consumer durable loans may look cheaper because of no-cost EMI offers, but you […]
In-hand salary is the amount that gets credited to your bank account after deductions like PF, tax, professional tax, insurance, and other company deductions. It is also called a net salary or take-home salary. Key Takeaways In-hand salary is the actual amount credited to your bank account after all deductions. It is always lower than […]
Yes, you can buy an AC on EMI without a credit card. You can use options like a personal loan, consumer durable loan, BNPL, or debit card EMI, depending on your eligibility and where you are buying the AC from. Key Takeaways You can buy an AC on EMI without using a credit card. Personal […]
Key Takeaways A credit card is not the only option to buy a refrigerator on EMI. Personal loans give you more flexibility to buy from online or offline stores. Consumer durable loans may work well at partner stores but can have brand or retailer limits. Debit card EMI and BNPL can be convenient, but eligibility, […]
Key Takeaways You can easily buy an iPhone on EMI. A personal loan, debit card EMI, BNPL, or cardless financing are some options you can explore. Each one can help spread the cost, but the best option is the one with an affordable EMI, a comfortable repayment plan, clear charges, and the lowest total cost. […]
Key Takeaways There is no single interest rate available to every doctor. Your profession may help you access tailored offers, but your credit score, income, existing EMIs, loan amount and tenure play a major role in the final pricing. The interest rate is only one part of the cost. Review the APR, processing fee, net […]
Key Takeaways You can borrow against your PPF account between the 3rd and 6th financial year The loan limit is 25% of your PPF balance from 2 years before your application Current interest rate: 8.1% per annum (PPF rate of 7.1% + 1%) Repayment must be done within 36 months The loan facility closes after […]
Key Takeaways Form 10C is used to claim EPS benefits, not your full EPF balance It applies when you’ve served less than 10 years (withdrawal) or more than 10 years (scheme certificate) You can file it online through the EPFO member portal without visiting a PF office KYC must be updated and verified before you […]
So, you may have missed a few EMI’s, you are tired of the constant calls, and the lender offers to settle the loan. But before you agree to that, it is important to know what loan settlement means. Many borrowers often get confused between a loan closure vs loan settlement, however, they mean different things. […]
