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 […]
Points that help you enhance your home loan eligibility: Before you apply for a home loan, knowledge of the factors that affect your home loan eligibility criteria is necessary which includes: Applicant’s age Applicant’s income Credit score Location of property Market value of property Repayments capacity, etc 1. Build a strong credit score: So here […]
In your 20s You first have to locate a boss that can give you all the financial incentives that come with a decent career after you get out of school. That requires PF, benefits, travel licenses, ESOPs and so on. This allows you to continue your financial path right from the start and enables you […]
Here are the 7 basic things everyone must know about pan Card Migration. 1. What is the meaning of PAN migration? Pan card transfer is the method of moving from the current AO to a different AO that has authority over the new permanent address. The new AO will manage income tax returns (ITRs), which […]
HDFC Bank Ltd. is a popular Indian Banking service. It is one of the largest private-sector lenders. The bank was founded in 1994 and since then has many branches across the country to provide bunch of financial services to the public. It has a range of loan products such as education loan, overdraft loan, personal […]
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 […]
CIBIL stands for the Credit Information Bureau (India) Ltd. This keeps track of your credit score. Your CIBIL score is verified by the authorities in the bank before issuing loans. It ensures your credibility. It tells the bank how well you can pay the loan back with interest. Here are some things you should know […]
What is a business loan? Before expanding up any business, you need to have capital resources. Depending upon the scale of your business, you need to know how much amount of money would be required by you. When you specifically borrow a particular amount of money to start your business or to meet up the […]
Personal loans are assets borrowed from some financial institutions or banks for any purpose, be it for buying a car, buying home, higher education, loans for vacation etc. The money is used for meeting any financial emergencies like wedding or health issues. The best part of the personal loans are that you don’t have to […]
