Loans Against Property for MSME (2020) The latest move by RBI of removing risk weight from loans against property will leave the banks with more capital to lend. This is important for those hit by the pandemic. Riskier assets have a higher risk of weight. This means that the asset will have a lower value. […]
Much as a personal loan, the usage of the profits from a loan against property is unlimited. You can use loan against property funds to finance college and wedding for your kids, build a home for yourself, meet medical costs, buy personal or commercial vehicles, even finance your business. How can I pick from the […]
What are the misconceptions that one can fall for? The most prevalent myths that one can fall for in loan against property are as follows: Direct loan application letter: Some things are very important that every applicant needs to consider is that multiple loan applications to various banks reduces the credit score multiple times, and […]
Loans are generally taken if the person is running short of money. Loans can be taken by two sources. One is via formal sources and the other is via informal sources. The formal source includes bank and informal includes loans taken from relatives, friends or someone with whom you share a good personal relationship. Both […]
