When you take a loan, whether it’s for a home, car, or any other purpose, the word “amortization” comes multiple times. But what does loan amortization really mean, and how does it impact your EMIs... Read more

A home loan sanction letter is an official document from a bank. It means the bank has reviewed your loan application, checked your financial history, and agreed to approve your home loan. However, the loan comes wi... Read more

When managing money, small mistakes can lead to big financial problems. Many people make common but costly errors that can slow down their financial progress. Let’s look at some of these mistakes and how you c... Read more

Those who know how to handle credit then they are finance managing experts but unfortunately, many people deal with with credit card balances, bad loans, and CIBIL scores, while a select few have mastered the art of... Read more

What happens if you want to repay your home loan earlier than the agreed tenure? You need to know the foreclosure charges involved! Let’s understand in detail! What Is Home Loan Foreclosure? Home loan fo... Read more

Applying for a personal loan is easy if you know what documents you need. Whether you're planning a wedding, covering medical bills, or consolidating debt, having your documents ready makes the process smooth an... Read more

Before driving your dream car, you need to get a car loan, and the right documents are important. Ready? Let’s go through the essentials! 1. Identity Proof Commonly Accepted Identity Proofs: Aad... Read more

1. Damage to Your Credit Score (CIBIL Score) As everyone knows how CIBIL score is important. Ignoring your loan payments leads to negative reporting on your credit profile. How It Works: Each late pay... Read more

1. Understand and Leverage Your Credit Score One of the most important factors that determine the interest rate on your loan is your credit score. A higher credit score (750 or above) gives you better bargaining ... Read more

1. Ignoring a Monthly Budget Imagine you are driving to an unknown place without a map or GPS. That’s what managing your finances is like without a monthly budget. Many people think budgeting is boring, but... Read more

Transferring your home loan, also known as home loan balance transfer. It can help you save money on interest or get better loan terms. Although it seems simple, but it's very important to do it the right way to... Read more

Getting a personal loan can be difficult if your CIBIL score is not very good, but it’s not impossible! Whether you’re planning for a medical emergency, a wedding, or consolidating your debts, there are ... Read more

Home loans help people and families buy their dream homes by providing the needed funds with easy repayment options. One key factor to consider when choosing a home loan is the interest rate, as it affects the total... Read more

In your 40s, your financial priorities have changed, with responsibilities like your kids' education, caring for parents, and planning for retirement. Taking a home loan at this stage can feel challenging, but w... Read more

Before we jump into a comparison, let's clarify what each loan details. What is a Personal Loan? A personal loan is an unsecured loan, meaning you don’t need to offer any assets as collateral. It can... Read more

As you know technology is developing like the speed of a rocket, nowadays AI has changed everything and this will change the future as well. Wonder what the borrowing look like in 5 years? Let’s imagine here. ... Read more

Imagine this: You’ve been paying your home loan for years, and now you’re close to finishing it. But what does settling your home loan really involve? In this blog, we’ll explain the entire process... Read more

Imagine you’re buying your dream house, but the construction is not yet complete. You’ve secured a home loan and are ready to move forward, but your lender mentions something called "Pre-EMI." ... Read more

What Does Write-Off Mean? In simple terms, a write-off happens when a bank decides that a borrower probably won't repay the loan. This usually occurs when the loan has become a non-performing asset (NPA), mea... Read more

Getting a loan approved can feel like a daunting task, but it doesn’t have to be. With a little bit of preparation and the right approach, you can greatly improve your chances of securing a loan that meets you... Read more

Financial planning is more than just saving money; it’s about setting goals, making smart investments, and creating a secure future for you and your family. Whether you’re starting your first job or thin... Read more

Festival season is full of fun and enjoyable festivals for you. However, every retailer, online platform, company, bank, and every one offers discounts, cashback, offers, and many more to attract customers. But duri... Read more

There are many myths about loans that can confuse people. If you're considering a home loan, personal loan, or business loan, it’s easy to get the wrong idea. It's important to know what’s true a... Read more

Are you planning to buy a car but can’t decide between a brand-new model and a second-hand car? Choosing the right car loan can be a game-changer! Let’s discuss everything about car loans for new and use... Read more

When managing a loan, one question pops up: "Can I pay my EMI (Equated Monthly Installment) in advance?" The short answer is yes, but you should know the ways of doing this. Paying EMIs early can save you ... Read more

The short answer is yes, but it’s very important to understand the factors, risks, and implications involved before jumping into multiple loans. Can You Apply for Multiple Loans Simultaneously? Yes, it&r... Read more

Building a strong credit profile is very important for financial stability and flexibility. Good credit opens doors to better loan rates, higher credit limits, and various financial opportunities. For those new to c... Read more

1. Compare Loan Interest Rates: Don’t Settle for the First Offer Interest rates can be very different from one lender to another, so it's important to compare offers from different banks or financial in... Read more

As a student, stepping into the world of loans can be very confusing, and difficult to understand everything related to loans. However, taking a loan comes with responsibilities, and it’s important to understa... Read more

Applying personal loan for the first time can be confusing and irritating with the loan terms and different things but make sure you read these important tips which will really help you. 1. Determine Your Loan Pu... Read more

1. Start Saving Early and Consistently Expert Tip: "Start as early as you can. The earlier you start, the more wealth you can build through the power of compounding." – Warren Buffett Starting ... Read more

As you know, the CIBIL score (Credit Information Bureau (India) Limited) is a three-digit number ranging from 300 to 900, representing your creditworthiness based on your credit history. Lenders use this score to se... Read more

Your CIBIL score can be the key factor that determines how much loan you qualify for, the interest rate, and the repayment terms. A high CIBIL score opens the door to higher loan amounts, lower interest rates, and q... Read more

There’s no official limit on how many credit cards you can have or apply for at the same time. However, banks look at things like your credit score, stable income, and financial health before they approve your... Read more

Personal loans is one of the most popular financial products due to their flexibility, quick disbursement, and no collateral requirement. Whether you're looking to finance a wedding, handle medical emergencies, ... Read more

The home loan process is a bit more complex than processing other loans such as personal loans because it involves a huge amount and risks also. So many people want to know how the process is, so let’s look at... Read more

Understanding how banks decide if you can get a home loan is important for reaching your dream of homeownership. Eligibility is not just about having a good income or a high credit score; banks look at many factors,... Read more

What exactly is ROI for a Home Loan? ROI (Return on Investment) shows how profitable an investment is compared to its costs. For a home loan, ROI is usually calculated based on: Property Appreciation: Ho... Read more

There is always a FOMO for buying a phone whether it’s an iPhone or other brands. But what if your budget doesn’t allow for the latest model you need? Enter mobile financing options—an easy way to ... Read more

Both men and women are eligible for tax benefits but what are the benefits? Let’s discuss here. The Basics of Home Loan Tax Benefits Whether you’re a man or a woman, taking a home loan comes with a... Read more

Taking a loan for the first time can be confusing like how to choose, the terms you need to understand. Let’s understand here the important things you should never miss. 1. Understand Why You Need the Loan ... Read more

These loans are designed to meet immediate financial needs—whether it’s for a medical emergency, an urgent bill payment, or a quick upgrade for your phone or laptop. Mini loans offer a hassle-free way to... Read more

Managing multiple loans can be stressful. Whether you have a personal loan, home loan, or credit card debt, keeping track of different due dates, interest rates, and monthly payments (EMIs) can become too much to ha... Read more

When a friend or family member asks to borrow money, it can be difficult to say no. However, lending to loved ones can be complicated, so it’s important to handle it carefully to avoid misunderstandings and ke... Read more

When you apply for a loan, it can feel like you are lost in a sea of unknown words. Terms like "APR," "collateral," and "debt-to-income ratio" might sound confusing, but understanding t... Read more

When taking out a loan, you will be offered called “loan insurance.” But what exactly is it? Is it mandatory for every borrower? And if not, should you consider opting for it anyway? Let’s understa... Read more

You take a loan for various things such as for a home, car, or unexpected expenses. But, not all lenders have your best interest at heart. Some may engage in unfair practices or offer terms that could lead to financ... Read more

Credit card have a lot of rewards, benefits, cashback, travel benefits, and even improve your credit score. The main thing is to understand how to use it wisely to make the most of its offerings and at the same time... Read more

Consumer durable loans make it easy to buy any home items like furniture, TV,s and other things. Here’s a complete guide on how to take a loan for consumer durables and ensure a hassle-free experience. What... Read more

Why Should You Link Your Aadhaar Card to Your Mobile Number? Linking Aadhaar to your mobile number is necessary for the following reasons: KYC Requirements: It fulfills the Know Your Customer (KYC) rules... Read more

For those looking to get a loan quickly but struggling with a low or have no CIBIL score, there’s good news: not all loans require a high credit score! various banks and NBFCs offer flexible loan options that ... Read more

Taking out a loan is a big financial decision, especially because it can have long-term effects. Whether it's for a home, personal expenses, education, or a business, it's very important to have a solid fina... Read more

Each bank offers unique terms, interest rates, and benefits, making it very important to compare and choose wisely. With a little knowledge and strategy, you can find the best loan that matches your financial needs ... Read more

There comes a time when you might want to close or cancel your credit card—whether because you have too many, aren’t using it, struggling with debt management, or have found better alternative credit car... Read more

Section 80E of the Income Tax Act allows you to claim tax deductions on the interest paid on an education loan. Here’s what you need to know: Deduction Only on Interest: The Section 80E deduction only... Read more

Choosing the right lender for a business loan is a big decision—one that can directly impact the growth and stability of your business. With multiple banks, NBFCs, and online lending platforms in India offerin... Read more

When you apply for a personal loan, the loan tenure you choose affects your monthly payments and the total interest you'll pay. Picking the right tenure helps you manage your EMIs comfortably without straining y... Read more

When borrowing or investing, Non-Banking Financial Companies (NBFCs) are a more popular choice than traditional banks. With many options available, how do you choose the best NBFC for your needs? Whether you need a ... Read more

There are two main credit scores: the CIBIL Score and the Experian Score. These scores are well-known and used by banks and financial institutions to check how reliable you are as a borrower. They serve the same pur... Read more

Understanding the terms like "credit line" and "credit limit" can sometimes feel confusing but these two terms have different meanings and roles in managing credit and debt. Let’s understan... Read more

Understanding basic statements in a card sometimes can be confusing but don’t worry, let’s understand here. Your credit card statement is a monthly report that gives you important information about ho... Read more

Missing an EMI can be stressful, but it doesn’t mean everything is over. There are ways to handle the situation and protect your finances and CIBIL score in the long run. Let’s understand what should ... Read more

The BNPL model offers a great alternative to credit cards, especially for younger people looking for flexibility. Let’s understand what BNPL is, how it works, and why it’s becoming a favorite payment opt... Read more

When it comes to loans—whether it’s a home loan, personal loan, or educational loan—you confuse the term moratorium period. But what does it mean, and how does it affect your loan repayments? Let&r... Read more

If you have closed the home loan that’s absolutely great. You’ve reached a major milestone. But there is one document you need to get from a bank which is: No Objection Certificate (NOC). This document i... Read more

Debt is a double-edged sword: Debt can either help you grow financially or hold you back. But how can you tell the difference between debt that benefits you and debt that slows you down? Let’s explore the conc... Read more

You take a loan when buying a new home, car, or even starting a business one of the first questions people have is about the down payment—how much should it be? This initial amount, which is paid upfront, can ... Read more

Buying a new phone, laptop, or any expensive item is easier with No-Cost EMI. You may have seen this term in stores or online, but what does it really mean? Is it truly free of interest, and how can you benefit from... Read more

A mortgage loan is when you borrow money and use your property to secure it. You agree to pay back the loan in monthly payments (called EMIs) over a certain period. If you don’t make the payments, the lender c... Read more

Home buyers are constantly looking for flexible loan options that can help them save on interest and manage funds effectively. One such innovative option is the Home Loan Overdraft Facility. This type of loan is dif... Read more

Managing loans can sometimes complicated, but one document can make it a lot easier – the Loan Statement. This statement helps you keep track of your loan’s health, know what you’ve already paid, a... Read more

Foreclosure, also called loan prepayment, means settling the full loan amount before the due date. This can save you money on interest, which is good for business owners with extra cash. However, banks may charge a ... Read more

Many people think a home loan means it’s just for a home but what exactly is the meaning? It can be a home purchase loan, home construction loan, and other things. Let’s clarify here. 1. Home Purchase... Read more

As you know, a joint home loan is a loan taken by two or more people to purchase a home. Joint home loans are commonly taken by: Spouses Parents and children Siblings With a joint ho... Read more

Transferring your home loan from one bank to another can help you get better interest rates, lower EMIs, and sometimes additional benefits like top-up loans. Known as a balance transfer, this great move is a very po... Read more

1. Know Your Exact Loan Requirement Before applying, understand exactly how much you need and make sure that you don’t borrow more than required. Over-borrowing is always leads to unnecessary interest payme... Read more

When you need any loans, you’re probably choosing between applying through traditional banks or going with an NBFC (Non-Banking Financial Companies). While banks are the go-to choice for many people, NBFCs are... Read more

Refinancing a home loan means replacing your current loan with a new one, usually with a better interest rate or loan terms. This can be a good choice, but many people have misunderstandings about it. Let’s cl... Read more

1. Understand Your Financial Readiness The very first thing to evaluate before buying a home is your financial situation. It’s very important to have a clear picture of your monthly income, savings, and exi... Read more

Buying a used vehicle with a loan can be a smart way to get the car you want without putting pressure on your finances. However, there are important things to consider to ensure you get the best deal. This guide hig... Read more

Financial problems can be very stressful. Whether it's paying bills, loans, or planning for the future, these challenges can affect your feelings and mood. The good news is that there are simple steps you can ta... Read more

Credit cards can be very useful if you use them wisely! They offer great deals, cashback, and rewards that can make life easier. But are you getting the best out of your credit card? Here are five easy tips to help ... Read more

When you need money quickly, a personal loan seem like the best choice. But, did you know? there are other options that could give you more flexibility, lower interest rates, or quicker approval times, depending on ... Read more

Inflation is mostly talked about in the news, but not everyone knows how it affects their daily lives, especially regarding loans. For anyone thinking about taking a loan—like a home loan, personal loan, or bu... Read more

Credit cards are really convenient for everyone, offering convenience, flexibility, and perks like rewards and cashback. However, they also have some complexities and lesser-known details. Understanding these hidden... Read more

Both men and women are eligible for tax benefits but what are the benefits? Let’s discuss here. The Basics of Home Loan Tax Benefits Whether you’re a man or a woman, taking a home loan comes with a... Read more

Taking a loan for the first time can be confusing like how to choose, the terms you need to understand. Let’s understand here the important things you should never miss. 1. Understand Why You Need the Loan ... Read more

When making financial decisions, many people often struggle with this question: Should I save money or repay my loan early? Both options have their pros and cons, and making the right choice depends on factors like ... Read more

Electric scooters are booming in India now a days. With fuel prices climbing and environmental concerns growing, an EV scooter can be a great solution. But what if you don’t want to pay the entire cost upfront... Read more

A vacation is a chance to relax and explore new places. But what if your dream trip costs more than you have saved? Don’t worry—a personal loan for a vacation could be the answer! Whether you're plan... Read more

Traveling is a great way to see new cultures, relax, and make unforgettable memories. But, paying for your trip might need some help from a personal loan or a credit card. Both options have their own benefits, but w... Read more

Managing multiple loans can be stressful. Whether you have a personal loan, home loan, or credit card debt, keeping track of different due dates, interest rates, and monthly payments (EMIs) can become too much to ha... Read more

When a friend or family member asks to borrow money, it can be difficult to say no. However, lending to loved ones can be complicated, so it’s important to handle it carefully to avoid misunderstandings and ke... Read more

What is a Term Loan? A term loan is a loan taken for a set period (or “term”) that has a fixed repayment schedule. The borrower agrees to repay the principal amount plus interest over a specified time... Read more

Taking a loan is a big decision, so it's important to think carefully about whether it's the right time for you. Whether you're looking at a home loan, personal loan, or business loan, borrowing money sh... Read more

As you know loan scams are everywhere, those who know the trick to prevent them don’t fall into the trap, those who don’t know they of course fall into a loan trap and lose their hard-earned money. Also,... Read more

At this age, many of us are handling our personal lives and jobs while trying to save money for the future. It can be confusing to know where to start. But don’t worry—we can help! We will discuss the be... Read more

If you want to save money safely and earn steady returns, Term Deposits and Fixed Deposits are popular options. They seem similar, but there are important differences that can affect your financial goals. Here&rsquo... Read more

When it comes to taking a loan many people are confused: Should you choose a Bank or an NBFC? Both banks and NBFCs have their unique advantages, but understanding which one suits your needs can make a big difference... Read more

Most borrower always confusing this is the right time to take a home loan. Because home loans involve large financial obligations and it has to be decided in a very effective manner. So, let’s discuss what are... Read more

Understanding the terms like "credit line" and "credit limit" can sometimes feel confusing but these two terms have different meanings and roles in managing credit and debt. Let’s understan... Read more

Understanding basic statements in a card sometimes can be confusing but don’t worry, let’s understand here. Your credit card statement is a monthly report that gives you important information about ho... Read more

Your credit score is an important factor that decides if you’ll get the loan or credit card you applied for. But what exactly is a good credit score, and what’s considered poor or bad? Knowing your credi... Read more

If you're struggling to manage multiple loans—such as credit card debt, car loans, or education loans—it might be attractive to consider taking a personal loan to consolidate or repay those debts. Bu... Read more

The terms "mortgage" and "collateral" are mostly used together, but they are not the same. A mortgage is a specific type of loan used to buy a home. Collateral is something valuable you give to a... Read more

When we talk about borrowing money, two common terms are loans and bonds. Both help provide money, but they work in different ways. Whether you are an individual buying a house, a business need money to grow, or a g... Read more

Let’s understand the following things here: What security-based lending is? How it works. Key advantages and risks. Types of assets used in security-based lending. How ... Read more

A salary advance loan is a short-term financial solution for people who need money from their salary before the month ends. It helps you to access funds you’ve already earned but haven’t received yet. Un... Read more

You know how important it is for payments to go smoothly, right? Whether you're paying bills, making loan payments, or getting your salary, digital platforms have changed how we pay. One important system that he... Read more

As you know, managing regular money payments can be a stressful task. Remembering different due dates for things like loan payments, insurance, and bills can be irritating. That’s where NACH (National Automate... Read more

You took a loan but after a few months, sometimes, even with your best efforts, you might struggle to repay a loan. In these situations, loan settlement is one choice that you can explore. But what is loan settlemen... Read more

Whether you're opening a new bank account, applying for a loan, or investing in financial products, eKYC is an important tool for quickly and securely verifying identities. But what is eKYC? How does it work, an... Read more

When you're buying something big, like a car, a house, or a large appliance, you might hear the term "down payment." This is an important term, and knowing what it means can help you plan better for th... Read more

A digital wallet is a tool you use on your phone or computer to make online payments. It connects to your bank account or credit card. You can use it to buy things, send money to others, and store personal informati... Read more

A debt trap happens when an individual or household finds it increasingly difficult to pay back their debts because the debt keeps growing faster than their income. This can cause them to borrow more money just to c... Read more

To keep a good credit score, many people think only about making payments on time and keeping debt low. But there’s another important part: credit mix. If you’re not sure what that is and want to learn m... Read more

Buying gold is not just a tradition; it’s also a smart money choice. In this blog, we will share five important things to remember when buying gold this Dhanteras. From checking the purity of the gold to picki... Read more

While Dussehra just passed, the grand festival of Diwali is fast approaching on October 31st, and with it comes the perfect time to make the most of your shopping, gifting, and travel plans. What better way to enjoy... Read more

From personal loans to credit card debts, many people struggle to manage their loans while handling different types of debts. But the truth is, being free of debt isn't just a dream. With the right plans, you ca... Read more

Dhanteras is the start of the five-day Diwali festival. It is a special day for buying items, especially gold and silver. Buying these metals is seen as lucky because they represent wealth and prosperity. However, a... Read more

Many companies roll out Diwali bonuses to improve employee engagement but many people waste their bonuses on very unnecessary shopping. To secure your financial future and make the best use of any extra money, it... Read more

Diwali is always a great time of joy, celebrations, and shopping! Whether it's renovating your home, buying gifts, or hosting a grand Diwali party, the festive season brings a lot of excitement – and expen... Read more

Diwali costs can add up fast, from new clothes and home decorations to gifts and big celebrations. For many people, a personal loan can be a great way to pay for these expenses without hurting their savings. But ... Read more

Whether it’s for a home, car, education, or personal reasons, effectively managing your loan properly is very important to avoid financial failures. Let’s understand what is the best loan management that... Read more

If you are one who has a low CIBIL score or no prior credit history, that’s where secured credit cards come into the picture. They are a great financial tool designed for those who struggle to get approval for... Read more

When we think about loans, we mostly think of banks as the main source. Many people know about NDFC, but they don’t know the actual concept behind NBFC. Let’s understand in detail. What is an NBFC? ... Read more

Whether you're applying for a loan, opening a bank account, setting up electronic payment mandates, or making investments, you've probably been asked to submit a cancelled cheque. But what exactly is it? Why... Read more

A credit card can help you when you need money, giving you access to funds. But if you don’t use it wisely, you can end up with a lot of debt. One important thing to know is the grace period. People forget abo... Read more

A credit card balance transfer allows you to move the amount you owe on one credit card to another credit card. Example: You owe ₹10,000 on Card A with an interest rate of 20%. You transfer tha... Read more

Taking a personal loan one of the great benefits is you can use this loan for almost anything like a medical emergency, vacation, education, wedding, or any personal things. However, many people are confused about t... Read more

KYC stands for Know Your Customer. It is a process that banks and financial companies use to check who you are and where you live and other things. Both people and businesses must complete KYC to use services like b... Read more

When you need cash quickly, two common options are personal loans and salary advance loans. Both can help cover financial gaps, but they have important differences in eligibility, repayment structure, and benefits. ... Read more

When you take a loan, like a personal loan or a home loan, you need to sign a loan agreement with the lender. This agreement is an official document that explains the rules of the loan, such as how and when to pay i... Read more

A term loan is money you borrow from a bank or financial institution that you pay back over a specific period. Example: Borrowing: You take a loan of ₹1,00,000. Loan Tenure: You agree to pay it... Read more

Annual Percentage Rate (APR) is a percentage that shows how much it costs to borrow money each year. It includes both the interest rate and any extra fees. APR gives you a clearer idea of what you will actually pay ... Read more

A personal loan is a great way to deal with any financial emergencies or personal needs. But many people make these top 5 mistakes and they never realize what going to happen. What are these? 1. Not Checking Your... Read more

As you know, personal loans are one of the most common financial tools used by individuals to meet various needs like emergency expenses, weddings, travel, or even consolidating debt. But the loan can be very helpfu... Read more

Loans help you buy a house, pay for education, or start a business. They give you money when you need it. But borrowing money has risks. If something unexpected happens, like losing your job or getting sick, you mig... Read more

How Does EMI Work? Before understanding the best way to buy a bike on EMI, let's break down what EMI is. EMI stands for Equated Monthly Installments. It’s a fixed amount you pay every month to repay ... Read more

As you know, running a business requires a huge amount of capital investment, and to meet the financial needs that’s where business loan come. But many people might not know that business loan also have tax be... Read more

As you know, the best part of a home renovation loan is you can get tax benefits. But what are the benefits you will get? Let’s understand here. What is a Home Renovation Loan? A home renovation loan is ... Read more

Personal loans help people manage expenses, cover emergencies, or buy big things. They are easy to get, offer flexible repayment plans, and can be used for any purpose. This makes them a popular option for quick fin... Read more

As you know, physical gold has some problems, like safety issues, storage costs, and risks of impurity. The better option is Sovereign Gold Bonds (SGBs), which are a secure investment from the Government of India. S... Read more

You know, there are plenty of money-making opportunities that can be looked for from the comfort of your home. With the rise of work from home option, earning an income as a stay-at-home parent has never been easier... Read more

This is the most asked and confusing question. Let’s clear the doubt here. As you know, an Electric Vehicle (EV) is powered by an electric motor that uses electricity from a battery. Unlike regular cars that ... Read more

Everything is going digital, from online shopping to mobile banking and digital wallets. While this is really good, it obviously has risks like fraud and data breaches. To stay safe, it’s important to follow b... Read more

A credit card transaction reversal happens when money charged to your credit card is refunded or canceled. This usually occurs when: You were charged incorrectly (e.g., double billing or wrong amount). ... Read more

The Reserve Bank of India (RBI) has created rules to protect both borrowers and lenders. These rules help keep consumer rights safe while making sure banks stay financially healthy. Let’s look at these guideli... Read more

The festival season is a great time to buy a new home. Lenders offer special deals, developers give discounts, and it's considered a lucky time to make this big decision. However, getting a home loan is a seriou... Read more

During the festival season, there are lots of exciting offers around. Many people want to buy big things, like new cars. Banks are giving special deals on car loans, making it easier and cheaper to buy a car. But be... Read more

When buying a home, one key thing is the "down payment," which is the money you pay upfront. Many people use their savings, but not everyone can save a lot. In that case, a personal loan for the down payme... Read more

Before we get into details, it’s important to know that when you take a loan, you have to pay back the original amount and the interest over time, usually through EMIs. However, these repayment plans can be fl... Read more

When you need money for emergencies, unexpected expenses, or big purchases, picking the right way to borrow is very important. Two popular options are overdrafts and personal loans. Both allow you to access funds, b... Read more

Non-Performing Assets (NPAs) are loans that no longer earn money for the bank. When a borrower fails to pay back the loan or interest for a certain time, the bank marks it as an NPA. The RBI says that if a loan is n... Read more

With the growth of e-commerce and the need for affordable payment options, No Cost EMI has become a popular choice for shoppers. But what exactly is No Cost EMI, and how does it work? Let’s understand here.... Read more

In the online banking system, NEFT is most common. But what exactly is NEFT, and how does it work? Let’s understand here! What is the Full Form of NEFT? NEFT stands for National Electronic Funds Transfer... Read more

Loan settlement is an agreement between you and the lender to pay back less money than you owe. People usually choose this option when they can’t afford to pay the full amount because of money problems. You ca... Read more

A loan sanction letter is an official document from a bank that says your loan has been approved. It means the bank agrees to give you money based on your application. The letter includes details like the loan amoun... Read more

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, contributing 30% of India's GDP and It is estimated that the sector provides employment to over 110 million people across va... Read more

Whether you own a business and need cash or you’re an individual facing unexpected expenses, a Line of Credit (LOC) can really help. But what is a Line of Credit, and how does it work? Let’s break it dow... Read more

Most people think of taking personal loans by themselves. But did you know, that a joint personal loan can be a good option if you want to combine finances with a partner, friend, or family member? Whether you&rsquo... Read more

Did you know? In FY24 several frauds in the banking sector rose to 47%. In the last 6 months India saw a 101% growth in fraud volumes and around 40% of fraud is voice scams! That’s a huge spike in numbers. The... Read more

Many people are applying for a business loan but it might take a few days or weeks to approve it or reject it. But what exactly is the strategy to get as soon as possible business loan? Let’s understand here. ... Read more

Debt is the only one that is holding you to making a happier life. Debt is stressful and if not managed well, it will be extremely stressful and it can spiral into a debt trap—a situation where you're unab... Read more

As you know, an adhaar is a 12-digit ID number by the Unique Identification Authority of India (UIDAI). It serves as proof of your identity and address. Aadhaar also includes your fingerprint and iris scan, as well ... Read more

When you take any loan, the first and most important decision you make is to choose the right loan tenure. But why? Tenure directly impacts your overall EMI and interest rate. As you know, the personal loan tenure, ... Read more

Credit cards provide convenience, rewards, and can even serve as emergency funds. But what if you want to apply for the same credit card twice? Can you do it? And if so, how can you apply without hurting your credit... Read more

An instant cash loan is basically a short-term loan that gives you money quickly, usually within a few hours to a day. People like these loans because they are fast and easy to get, especially during emergencies. Al... Read more

As you know, your CIBIL score is a three-digit number that represents your creditworthiness. It ranges from 300 to 900, with higher scores indicating better credit behavior and lower scores suggesting potential risk... Read more

Not sure but you might have heard from your bank manager or financial adviser the term “CASA”. What exactly does it mean? More importantly, why should it matter to you as a bank customer? Let’s und... Read more

When you apply for a loan, lenders check if you can repay it. One key way they do this is by looking at your Fixed Obligation to Income Ratio (FOIR). It's important to understand FOIR for any type of loan, wheth... Read more

Financial literacy means knowing how to handle money well. This includes skills like: Budgeting: Planning how to spend your money. Saving: Setting aside money for the future. Investing: Putt... Read more

Life can be surprising, and you might need money for unexpected things like medical bills, home repairs, or urgent business costs. Having money ready can help a lot. In these cases, you can consider two main options... Read more

The big question is: Which is better—digital gold or physical gold? Both have their own pros and cons, and knowing these is important for making the right choice for your investment goals. Let’s take a c... Read more

Before we going into the types of credit cards available for people with bad credit scores, let's first understand what is considered a bad CIBIL score. CIBIL Score Range: A CIBIL score ranges from 300 to 900... Read more

What is Direct Tax? A direct tax is a tax that you pay directly to the government, and you can’t shift the cost to someone else. Example: If you earn a salary, you pay income tax directly to the gover... Read more

What is a Credit Card? A credit card is a tool that allows you to borrow money from a bank. You can use it to buy things, pay bills, or take out cash (although this is typically not recommended due to high fees).... Read more

Debt financing might sound new, but it's the most common way for businesses to raise money. Whether you're a startup wanting to grow or an established company needing funds for daily operations, debt financi... Read more

Managing credit card debt can sometimes be difficult due to various reasons. If you find it difficult to pay off your credit card bills completely, you might think about a credit card settlement. However, this optio... Read more

If you're a young entrepreneur starting a business or someone needing money, collateral-free loans can help you without putting your property at risk. Let’s learn more about it. 1. What is a Collateral-... Read more

You better understand how important a CIBIL score is, right? Every small to big loan approval credit score is the only way to boost chances. If there are some disputes in the CIBIL then how can you solve it?, what e... Read more

The documentation process is important for lenders because it helps them: Check your identity, income, and financial situation. See if you can repay the loan. Decide how much money you can borrow and what ... Read more

With the skyrocketing growth of the stock market many people want to join and make profit but if you don’t have sufficient money Can you invest in the stock market with a loan? Let’s discuss this here. ... Read more

What is Buy Now Pay Later (BNPL)? Buy Now Pay Later (BNPL) is a way to shop where you can buy things now and pay for them later, usually without any interest. This option has become very popular, especially for o... Read more

Many people face the problem but don’t worry let’s understand what options you might have. Why Does This Happen? Common Reasons Behind ATM Errors Before jumping into solutions, it’s important... Read more

If you are an entrepreneur or small business owner, you might be wondering: Am I eligible for an MSME loan? Let’s understand if you’re eligible or not. What is an MSME Loan? An MSME loan is a speci... Read more

In life, we can have unexpected money problems, like medical emergencies, home repairs, losing a job, or needing to travel suddenly. It’s important to manage your money well in these times. Don’t worry&m... Read more

There are various types of loans and these can be confusing to you but let’s understand every loan here in a very easy way. Before we get into the different types of loans, it’s really important to un... Read more

As you know, how important managing your money, right? Whether you're saving for something big, paying off debt, or planning for retirement, good money management is the path to reaching your financial goals. Bu... Read more

1. Plan Your Budget Wisely During festivals, you will likely spend more money right? This includes buying new clothes, gifts, home decorations, and snacks for the family. These costs can add up quickly. So, it... Read more

When we think of some weird things, we mostly think of ghosts and scary stories. But you know, bad financial choices can be just as scary. They can hurt you for a long time. By learning and planning well, you can av... Read more

Many borrowers have their personal loan applications rejected and often don’t understand why. So, what’s the issue? Let’s explore the reasons behind it. 1. Low Credit Score or Poor Credit Histor... Read more

If you're saving for the future, paying off debt, or managing monthly expenses, making and following a budget is the gateway to financial success. But, many people make mistakes that can make their budget less e... Read more

Have you ever thought about how lenders decide if you can get credit? They use something called the 5 Cs of Credit to check if you are a good borrower. Know these 5 factors to get a loan or credit more easily and ke... Read more

As retirement approaches, many people think they don’t require a good CIBIL score and other negative thoughts. But you know these are below 4 reasons that your credit score is very important. Let’s under... Read more

You can easily take a personal loan but what about managing EMIs every month? Note the strategies below to improve your management of personal loan EMI payments. 1. Set Up an EMI Calendar and Automate Payments ... Read more

Well, adding a co-applicant in your home loan will be a game changer for lowering interest rates, better terms, quick approval, and more. But the question is who can be a co-applicant? Let’s clarify here:) ... Read more

Running a successful business requires more than just a great idea and hard work; it also demands the right financial resources at the right time. One of the most common ways businesses secure these resources is thr... Read more

When handling a home loan, you might look at ways to either lessen your financial stress or get extra funds. Two common options are a Home Loan Balance Transfer and a Top-up Loan. Each has its own benefits and is us... Read more

When you take out a loan, it’s very important to understand how the interest is calculated. Many people get confused by the terms. There are two main methods: Flat Rate Interest and Reducing Rate Interest. The... Read more

When renting properties, it's important to know about Tax Deducted at Source (TDS) on rent. TDS is a way for the Income Tax Department of India to collect tax directly from the source of income. According to Sec... Read more

Tax things are complex to understand but we will make sure you understand section 54 easily here: Let’s get started Before we get into the details of Section 54, it’s essential to understand what capi... Read more

Tax-related things are complicated to understand but you know what we will understand you in such a way that you will not have any doubt after reading this blog. Let’s get started! Understanding Section 24 ... Read more

The term “margin money” is really confusing for first-time homebuyers, but it’s an essential part of the home loan process. Margin money is the part of the property’s price that you have to p... Read more

For big expenses like business growth, buying equipment, or covering major personal costs, term loans are a common choice. Term loan means it helps in borrowing a set amount of money for a short-term (usually 12-18 ... Read more

Sometimes the worst things happen in life. This can be a job loss, medical emergency, or any important thing. This impacts paying EMIs on a monthly basis but this defaulting is not the end of getting money from a ba... Read more

Many people find it difficult to understand tax things but we will discuss them in such a way that everyone including you can understand easily. Let’s get started! An under-construction property is a proper... Read more

Capital is only a gateway to invest and grow the business with the right approach and strategy. There are plenty of options to raise money for a business. You can raise money from venture capitalists, seed investors... Read more

CIBIL Score is really important for any loan, not only just a personal loan. If you have a score of 750+ you can easily get a loan below 600. You are in a danger zone even approving a small amount of loan. The quest... Read more

Investing can help you grow your wealth, but if you’re thinking about using a loan to fund your investments, it’s very important to consider the risks and rewards. Borrowing money for investing, known as... Read more

Many people think there’s only one type of interest rate i.e. fixed, but that's not true. There are several types of interest rates, each with its own features. Knowing these can help you negotiate better ... Read more

A moratorium simply means a temporary pause on loan repayment but interest on the loan may continue to accrue. This sounds great, right? Sometimes RBI needs to make this decision by understanding economic situations... Read more

The importance of quick cash is really important in case you have any emergencies such as medical, job loss, a big purchase, or any other financial need. The best and quickest option is loan against credit card. Thi... Read more

When you're in the process of applying for a housing loan, one of the most important steps you'll have to face is the legal and technical verification. The process is meant to protect both the lender and the... Read more

A loan against property means using your house or land as security to borrow money from a bank, also known as a mortgage loan. People usually take this loan when they need a large sum of money for things like starti... Read more

Many people thinks that the home loan process itself is very lengthy and time-consuming but the reality is not really, the average time to approve a home loan is 1-2 weeks but it can go further based on the complica... Read more

Well, interest rate is one of the important concerns for everyone especially in home loans because these loans have longer tenure. So, reducing interest rates on home loans can help you to save a lot of money in the... Read more

The best part is a credit card you can get right away. Tons of credit cards are there in the market to cater to your various needs. But if you are one of them, using credit cards aggressively and not following the b... Read more

Applying for a home loan takes a few weeks and many documents are required but what if you can control for a smooth home loan sanctioning and disbursement process? You just need to have the right strategy. Let&rsquo... Read more

Finding the right loan and bank can be tricky, but a loan broker can help. They find the best loan options for you and connect you with the right bank. Let’s look at what a loan broker actually does. What i... Read more

Whether you're looking for a home loan, personal loan, or car loan, knowing the basics of finance helps you make better decisions. Understanding finance can prevent costly mistakes and help secure your financial... Read more

Want to secure a personal loan without facing rejection? One effective way is to add a co-signer. This is especially important if you have a low credit score. Your co-signer should have a strong credit score to impr... Read more

Knowing why we spend money the way we do is key to sticking to a budget. Interestingly, a math idea called Fibonacci, which is over 800 years old, can actually help with financial decisions. While Fibonacci is famou... Read more

You must be aware that in recent years digital and instant loans are skyrocketing. Many application companies are offering instant personal loans. Instant personal loan means Instant personal loans are quick, unsecu... Read more

Digitalization is excellent! But the main problem is it comes with various scams, frauds, and many more. By clearly understanding what are the scams you can prevent if anything happens in the future. So, don’t... Read more

The economic environment affects how easy it is to get a loan, how much you can borrow, and the interest rates you’ll pay. When you apply for a loan, like a personal, home, or business loan, the state of the e... Read more

When considering a personal loan, one of the most really important factors that will change the game is “the overall cost of the loan is the tenure—or the duration—over which the loan is to be repa... Read more

In the year 2000, if a product cost ₹100, it now costs 50% more due to inflation. Understanding how inflation affects loan repayments will help you manage your money better. What exactly the inflation? Inflatio... Read more

A Loan Top-Up simply means extra money you can borrow on top of your existing loan. It’s usually offered to people who already have a home loan or other secured loans. For example, if you have a home loan and ... Read more

Payday loans are short-term loans that you usually need to repay by your next payday. They typically up to 2 lakh and need to be paid back in 7 to 30 days. These loans are meant for urgent expenses, like medical bil... Read more

When selling a property, it’s important to know about Tax Deducted at Source (TDS). TDS is a way for the government to collect tax directly from the income source. In property sales, the buyer deducts TDS from... Read more

Sometimes what are we planning goes wrong and what we did also fails but the best thing is: this is temporary, not permanent! Handling this pressure situation effectively is the only way to tackle the challenge. You... Read more

If not you then your parents really understand the value and importance of investing in Gold. People might think it’s sometimes worthless to invest money in gold but that’s not true the fact is you can u... Read more

Many people often confuse the tax benefits on a second home but let’s clear everything here:) Before understanding the tax benefits, it’s really important to understand what qualifies as a second home... Read more

Unclaimed bank deposits are money in bank accounts that haven't been used for a long time, often because the account holder forgot about it, passed away, or for other reasons. This can include money in savings a... Read more

A home loan balance transfer means moving your existing loan from one bank to another. People do this to get a lower interest rate from the new lender. The main benefit is that it can save you money on interest over... Read more

Property valuation is figuring out how much a property is worth. This is important when buying, selling, or renting real estate. For rental properties, it helps set the right rental price to get a good return on inv... Read more

According to a report from Skill Financing 2023 around 78% of young people around the country lack practical skills. Also, India ranks 60th globally in terms of skill proficiency. To fill up the gap we need to skill... Read more

Did you know? If you have a Provident Fund (PF) account, you can withdraw funds to finance your home loan! The Employee Provident Fund Organization (EPFO) allows partial withdrawal from your PF account for specific ... Read more

Many people think the loan process is complex and also the waiting period and verification process can be time-consuming. But the best part is absolutely not. The loan disbursement period can vary depending on what ... Read more

Managing your money is key to a secure and stress-free life, but mistakes like overspending, debt, or not saving can have long-term effects. Let’s look at how to correct these mistakes. What’s wrong? ... Read more

If you are reading this blog you might be a student or sometimes a working professional who has never taken a loan and wants to build a credit score from scratch. Well, you are in the right place. Let’s unders... Read more

As real estate prices go up, many people need home loans. While banks are the usual choice for these loans, Non-Banking Financial Companies (NBFCs) are also becoming popular. NBFCs offer various home loan options wi... Read more

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, contributing 30% of India's GDP and It is estimated that the sector provides employment to over 110 million people across va... Read more

When you get a home loan, it's important to understand all the details, including the "moratorium period." This term can be confusing, but it's an important part of managing your loan and finances.... Read more

Every person who has defaulted on their loans thinks this is the end and will not get any loans from any banks but do you know what the good news is? Yes, you can still get a loan by using the right approach and str... Read more

The answer is yes, but it comes with certain considerations and implications are very important for you to understand. Let’s know what these are. What is a Home Loan? A home loan is a type of loan where ... Read more

When you apply for a business loan, it can be stressful waiting for approval. Knowing how to check the status of your application helps reduce anxiety and allows you to plan what to do next. Different lenders have d... Read more

Rental income is a type of income that you need to pay taxes on, according to the Income Tax Act. Although paying these taxes is required, there are legal ways to lower the amount you owe. Let’s explore how yo... Read more

Well this is an interesting question that everyone has in their mind. With a proper planning and using the right strategy you can save tax on long term capital gains. Let’s understand how! What are Long-Ter... Read more

Many people are always confused about where to complain. The Reserve Bank of India (RBI) offers a straightforward and effective method to address grievances through its Banking Ombudsman Scheme. If you’ve ever... Read more

90% of the people who take loans don’t understand how to read a credit or CIBIL report. You might be one of them, but don't worry; we have discussed every point so that you will have a basic understanding ... Read more

Purchasing a home is a great thing but paying the home loan for a longer period of time such as 30 years can be scary! But if you use the right strategy and approach you can pay off the loan faster. Let’s unde... Read more

Most people apply for a loan with a good credit score regardless of the terms and conditions, interest rates, and any other thing they accept without having a negotiation. But you should understand how to negotiate ... Read more

Many people will wonder if they can also improve their credit score using a credit card. Welcome to this blog if you are one of those who is yet to learn how this can happen. This will not change your credit score d... Read more

Welcome to the world of credit cards where you can get access to instant cash but manage the cash responsibly. If you are one who has just entered this world and doesn’t know how to get a credit card then you ... Read more

When you start or grow a business, you often need money to do so, and a business loan is a common way to get that money. However, getting a loan can be difficult if you don't have an Income Tax Return (ITR) to s... Read more

Closing a loan early means it’s a sign that you are going in the right direction of financial discipline. You save interest, and burden on loans and make a great step towards your financial goals. However many... Read more

A CIBIL report is a detailed record of your credit history, provided by TransUnion CIBIL, a major credit information company in India. It includes your CIBIL score (a number from 300 to 900) and a summary of your cr... Read more

Personal loans can be a lifesaver when you need quick access to funds, whether it's an emergency, wedding, or even a vacation. However, did you know there are hidden charges in a personal loan and how they can a... Read more

Pradhan Mantri Awas Yojana (PMAY) is a program by the Indian government to provide affordable housing for the urban poor. Started in 2015, it has two parts: PMAY-Urban (PMAY-U) and PMAY-Gramin (PMAY-G). The aim is t... Read more

Well, this is the most common question everyone asks so, can you still apply for a home loan with a low income the answer is “Yes” with the right approach. But what are the approaches? Let’s unders... Read more

RBI take major decision for our economy. One of the important decision RBI takes in every quarter is repo rate. The repo rate is really important that influences everything from inflation to the interest you pay on ... Read more

Many people get various credit cards but in the end, they fail to make payments. Credit cards are handy for managing money, earning rewards, and building credit. However, having many credit cards can be both helpful... Read more

A balance transfer, where you shift the outstanding loan amount from one lender to another for better terms, can offer several advantages. Did you know? Transferring balance can also impact your credit score. Let... Read more

Money is the source that you can invest in your business or ideas but what is actually behind the scenes is your idea and strategy that you use to increase the business. Using the money efficiently can help you to i... Read more

When it comes to borrowing large sums of money, particularly for significant life events such as purchasing a home or funding a major expense, most people are confused about which one to choose: a personal loan or a... Read more

Many people don’t understand the importance of insurance not just for a home but overall for him and their family. When you are applying for a home there is also an insurance part, this helps you in case of an... Read more

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, contributing 30% of India's GDP and It is estimated that the sector provides employment to over 110 million people across va... Read more

When you are in an emergency should you choose a gold loan or a personal loan? Let’s understand which one is best for you. Understanding Gold Loans What is a Gold Loan? A gold loan is a secured loan w... Read more

Financial planning will not make you a millionaire overnight but with patience and the right strategy, can be. The 9 to 5 jobs are boring and also the salary is sometimes less than expected but with the right planni... Read more

Buying a home is one of the most important financial commitments and a dream of an individual to convert the dream most of the people take home loan. There are various option for a home loan and one of the common op... Read more

There is nothing much impossible to be wealthy but an effective strategy and thinking will have much impact on your financial goals. Want to know how you can be wealthy? by gaining just basic financial things and ap... Read more

Many people focus on getting a loan with the lowest interest rate, but it's also important to consider other factors like extra charges, customer support, and more. Let’s see what else you should check bes... Read more

Yes, after taking a home loan there are a lot of problems that you might face. But what are the complications or problems? We will discuss the points and you should understand the complications before taking a home ... Read more

A freelancer or self-individual employee often faces challenges when they are trying to get a loan! They often struggle with irregular income and lack of traditional proof of income, making it harder to get a loan b... Read more

We purchase different things online but you must have seen the “use a credit card to get a discount” message on every product. So, only the cash benefits available using credit card or something more int... Read more

Refinancing a loan is a popular choice for many people. It can be helpful for home, personal, or auto loans. However, it also has its own pros and cons. We’ll look at both the benefits and drawbacks of refinan... Read more

When you have big expenses like home renovations, education, or medical emergencies, a Top-up Home Loan can be very helpful. It gives you extra money on top of your current Home Loan and can also offer tax benefits ... Read more

P2P lending, which has become popular with digital platforms, helps investors earn good returns and gives borrowers easy access to credit. It offers an alternative to traditional banks for both lending and borrowing... Read more

Who Was Dr. Sarvepalli Radhakrishnan? Let's first understand who Dr. Radhakrishnan was. Born on September 5, 1888, in a small town in Tamil Nadu, Dr. Sarvepalli Radhakrishnan became one of India's top thi... Read more

During the pandemic time economic growth has slowed down, job loss, life loss, and many more. These fluctuations have obvious;y impacted you as an individual, making it challenging to keep up with loan repayments. F... Read more

Before you receive your salary or any other source of income there is a system called TDS will be deducted. You can claim it at the end of the financial year. The person who pays you deducts the tax and sends it dir... Read more

The below top 8 smart strategies can change your financial life, whether you’re a young professional just starting out, a middle-aged individual planning for retirement, or someone simply looking to improve yo... Read more

You have successfully applied for a business loan but after waiting for a few days you got a surprise message that your loan application has been rejected! What are the reasons behind this? Let’s understand he... Read more

If you want to earn extra money, support your family, or fund a dream, starting a business with quick cash flow is a good way to reach your financial goals. Our diverse market has many opportunities for fast earning... Read more

Our government and financial institutions have created special business loan schemes for women to help them succeed in business. These schemes offer financial support and good terms to encourage more women to start ... Read more

Did you know? Loans also have tax benefits. But which loans do you have? Mostly we will discuss three loans: Home Loans, Education Loans, and Loans Against Property. Let’s understand! 1.Home Loans: A Double... Read more

Personal loan is the great way to meet any financial crisis or any emergency but in some extreme cases the borrower misses the payment for a longer period of time and at the end it defaults. Then, in this case there... Read more

MCLR is known as Marginal Cost of Funds-Based Lending rate. It was replaced by an older rate system called BPLR (Benchmark Prime Lending Rate). It was introduced by the RBI (Reserve Bank of India) on April 1, 2016. ... Read more

Before getting a home loan, many people believe it's a secured loan where the house itself is the only collateral. However, not everyone knows about "Interim Security" in home loans. Let’s unders... Read more

Gold has always been important for many families, not just as jewelry but also as a valuable asset. A gold loan is flexible and allows you to use your gold as collateral to get cash quickly. During in an emergency o... Read more

When buying a home, getting a home loan is a critical step. A key factor in home loans is the tenure, which decides how many years you'll be paying off the loan. Typical home loan tenures are starting from 10 ye... Read more

Over the past few years the government has been doing an aggressive campaign on “Women Empowerment” under this government has introduced various initiatives, schemes to empower women in India. Nowadays w... Read more

You better understand how many documents are required for approving the loan amount. Banks ask for various documents starting from identity to physical verifications. But after carefully evaluating the documents tha... Read more

Well, if you are reading this blog it might be a 60% chance that you are not aware about Housing Finance Company (HFC). Well, let’s introduce what HFC means. HFCs are a legally recognized corporate organizatio... Read more

CIBIL Score is really important not only for home loan but for any loan. By analyzing the score banks give loans. What is CIBIL Score? A CIBIL score is a three-digit number ranging from 300 to 900 that represents yo... Read more

CIBIL Score is one of the most important things for approving a loan whether it’s a home, personal, car or any other loans. It gives assurance to the lender that you can pay the home loan. But what if your CIB... Read more

Choosing the right types of loan is really important. Understanding how you can choose the right type of loan can help you to reduce risk and overall money. Let’s understand how you can choose smartly! Unde... Read more

Your CIBIL score is a three-digit number ranging from 300 to 900, that tells lenders how likely you are to repay a loan or credit card bills on time. It's based on your credit history, including how much you'... Read more

Gold has always been important for many families, not just as jewelry but also as a valuable asset. A gold loan is flexible and allows you to use your gold as collateral to get cash quickly. This is a convenient opt... Read more

Banks offer various types of loan such as car loan, personal loan, home loan, plot loan and other. Sometimes many people have a doubt before applying for a home loan that is “How is home finance different from... Read more

Joint loans are one of common home loans in india. As a joint loan reduces the risk of lending money to a person, most of the banks prefer to do this in home loan. But sometimes due to unfortunate events the joint b... Read more

Most of the people in case of any emergency they apply for personal loan but they might have no idea about the top-up loan. This is also a greater option if you have an active home loan. Let’s understand every... Read more

Improving your credit history and score is important for getting better loan terms and financial stability. A good credit score can greatly impact your financial life, whether you're applying for a home loan, pe... Read more

We generally understand that a senior citizen is a person who is above 60 years of age. This is the age for retirement and making the most out of life for the rest of their years, but sometimes senior citizens also ... Read more

As many people have got their annual bonuses. Congratulations! If you are one of them. People often use their annual bonuses as they wish to do, such as some go for vacations, some use for buying a vehicle, purchasi... Read more

In general, a No Objection Certificate (NOC) is a formal document issued by an authority (Government and Private authority) , any builder, society or any organization, or individual showing that they have no objecti... Read more

Alright you want to transfer your balance of your home loan from one bank to another for better interest rate, better customer service and many other things this is simply called “Home Loan Balance Transfer&rd... Read more

You have successfully evaluated the home and lenders. After this step you need to evaluate the home loan like interest rates, tenure and many other things. Here while evaluating the loan many people have a donut in ... Read more

A Loan Against Property (LAP) is a type of loan where you pledge your property, such as a house or land, as collateral to borrow money from a bank or financial institution. The loan amount is usually a percentage of... Read more

Buying a car is a big financial decision, and most people need a car loan to help pay for it. While a loan can make it easier to buy a car, making mistakes during the application process can lead to higher costs and... Read more

Buying a home is a big decision, and applying for a home loan is a key part of it. While loans make buying a property easier, the process can be confusing. Many first-time buyers make mistakes that can cause financi... Read more

When planning to invest in real estate, one of the key decisions you’ll need to make is whether to apply for a plot loan or a home loan. Many people confuse what is the difference between what is a plot and ho... Read more

The Reserve Bank of India (RBI) regularly updates its rules to keep the financial sector, including home loans, stable and fair. These rules help make sure both lenders and borrowers follow practices that promote fi... Read more

Home insurance helps safeguard your home and belongings from theft, fires, and natural disasters. However, what many people don’t realize is that some home insurance policies can also cover your pet dog. Yes, ... Read more

A PPF so called Public Provident Fund is a savings account and a long term investment plan backed by the government. It gives attractive interest rates and a tax free investment return. If you need a loan such as fo... Read more

Loan against property is nothing new, almost every bank now offers this service. But what does this mean? Let’s understand first! Loans against rented properties (LARP) are secured loans where a borrower us... Read more

Applying for a home loan is an important step toward owning your dream home. It can feel overwhelming, especially when it comes to gathering the needed documents. We will help you understand all the documents you ne... Read more

It’s a dream for everyone to build a home. To convert the dream many people take home loans and plot loans. The home loan includes the tax benefit under Section 80(C) and Section 24 (b) but people are confused... Read more

In October 2020, the Reserve Bank of India (RBI) changed the rules for calculating the risk weights on home loans. This was done to make home loans easier and cheaper for borrowers while keeping the financial system... Read more

Your CIBIL score is a three-digit number ranging from 300 to 900, that tells lenders how likely you are to repay a loan or credit card bills on time. It's based on your credit history, including how much you'... Read more

Buying a home is a big milestone for many Indians, and home loans help make this possible. One major benefit of a home loan is the tax savings it offers. Knowing these tax benefits and the Pre-EMI scheme can help ho... Read more

This is a common question that everyone thinks about before deciding to buy a home: "Should I invest in a plot or buy a flat or pre-built house?" People have different preferences. If you choose a home loa... Read more

Car loan is one of the ways to purchase your dream car under a certain budget. As you know, interest rate is one of the major expenses towards the car loan. But do you know how you can get the lowest car loan intere... Read more

Loans against property (LAP) are a popular option for securing a loan. However, several myths surrounding this LAP and it also cause confusion. Let’s clear the myths in this blog! Myth 1: You Will Lose Your... Read more

Securing the best home loan interest rate can save you a significant amount of money over the life of your loan. Finding the right loan at the right rate is really important. Let’s understand some strategic ti... Read more

If you really want to become financially independent then you need to understand the goals. Let’s discuss the top 5 goals that you should make to be financially independent. Goal 1: Create a Solid Budget ... Read more

Getting a business loan is an important step for growing your business, but it can be challenging. Banks and financial institutions have strict requirements for approving loans. These requirements might include havi... Read more

Getting a loan can help with finances, but repaying it might seem tough. Paying off loans quickly saves money on interest and gives you financial freedom. Here are some tips to repay your loans faster. 1.Round-Up... Read more

A Loan Against Property (LAP) is a secured loan where you pledge your residential or commercial property as collateral to borrow funds from a Bank or NBFC. The loan amount is typically a percentage of the property&#... Read more

Business loans are one of the most important ways to secure money to run a business. While applying for a business loan many people commonly make mistakes. But these mistakes could lead to rejection of the loan appl... Read more

Buying a home is a big step, and finding the right home loan can make it easier and cheaper. In India, many banks and financial companies offer home loans. It is completely understandable that choosing the best one ... Read more

Home and plot loans are different. A plot loan is a loan meant for buying land or a plot you can not take a plot loan for building or constructing a home. Whereas a home loan helps you purchase a ready-built house, ... Read more

You have planned to apply for a home loan to convert your dream home into reality and research about different lenders, finally you have applied for it. But here is the most frustrating part of the loan when you gat... Read more

If you don’t know anything related to personal loan now is the right time to think about financial independence and how to use personal loan to take advantage. A personal loan is a flexible loan that can help ... Read more

To run a business capital is top most required. Many people such as entrepreneurs, retail shops, manufacturers and others raise money through different ways such as from their relatives, venture capitalists, selling... Read more

As we will celebrate the 77th Independence Day on August 15, 2024, there’s no better time to reflect on achieving personal independence — Financial freedom lets you live how you want, without always worr... Read more

Before applying for a home loan, it’s important to know the different types available. This helps you compare options and choose the one that best fits your needs. Let’s look at the types of home loans y... Read more

2As you know buying a home it’s a dream for everyone, to fulfil this dream many people take home loan and buy a home. But sometimes unfortunate things happen where you missed the home loan EMI for a certain pe... Read more

Raksha Bandhan is a moment of celebration between brother and sister. It's a time to exchange gifts, share sweets, and enjoy the joy of togetherness. Raksha Bandhan can put a strain on your finances if you don&r... Read more

Buying land is a big investment that lets you build your dream home or develop the property as you like. Since buying land can be costly, plot loans are a good option for many Indians. We’ll look at the best b... Read more

Before getting a home loan, many people believe it's a secured loan where the house itself is the only collateral. However, not everyone knows about "Interim Security" in home loans. Let’s unders... Read more

This 77th Independence Day is a great time to think about personal independence and owning your own home. Buying a home is more than just a financial goal; it’s a dream that means security, stability, and free... Read more

Before applying for a home loan people need to understand what are the basic principles of home loan? Knowing the basic principles of home loans is key to handling the process well. We will explain the key aspects o... Read more

Important points in this blog: MCLR is known as Marginal Cost of Funds-Based Lending rate. It was replaced by an older rate system called BPLR (Benchmark Prime Lending Rate). MCLR introduced by RBI ... Read more

As India celebrates Independence Day on August 15th, it’s a great time to think about financial freedom. Many people aim for financial independence, but having financial freedom requires planning, discipline, ... Read more

As you know, a home loan transfer, also known as loan refinancing, is when you move your existing home loan from one lender to another. People do this to get lower interest rates, better loan terms, or improved cust... Read more

According to a source from Economic Times May 31, 2024, bank frauds rose nearly 300% in the last two years and digital frauds rose 708%. Have you noticed how home loan scams are increasing in India? They include mis... Read more

In every loan such as personal, car, higher education, home and other the basic general criteria for approving a loan is income, age, LTV ratio, employment status and one of the important criteria banks see is a Cre... Read more

A Loan Against Property (LAP) is when you use your home or business property as security to get a loan from a bank. They usually lend you a part of your property's value, which can be up to 70%. For example: If ... Read more

Closing your home loan is really a big step towards your financial and mental health. A big chunk of money has been paid from you to closing a loan. But never forget to remember these things while closing your home ... Read more

You know that home loan EMIs are a huge amount and sometimes you need to think strategically to reduce home loan burden. You know we have written some strategic ways to reduce your home loan EMIs. Read carefully to ... Read more

If you took out a home loan 10 years ago, you likely compared lenders, interest rates, and terms at that time. Over the years, the home loan market has evolved, and your current loan might not be as flexible or offe... Read more

In today’s financial landscape, choosing the right type of loan that meets your requirement is really important. Two most popular options to borrow are Loan Against Property and Personal Loan. Loan Against Pro... Read more

Many people apply for personal loans for expenses like medical bills, education, travel, or weddings. However, some face rejection. Let’s look at how you can increase your chances of getting approved. 1.Imp... Read more

A secured loan is backed by collateral, like a house or car, which the lender can take if you don't pay back the loan. You know, secured loans are easily approved and also the interest rates are low? Well, Loan ... Read more

Many banks and NBFCs in India allow you to apply for personal loans online. Knowing the steps to apply online can make the process easy and convenient, without needing to visit a branch. Let’s see how you can ... Read more

Many people have a dream to buy a car. But since the average pricing of a good car can be 10 lakh and to buy at this price point can not be affordable by people. Here people choose to go for a pre-owned car so that ... Read more

Emergency can come at any time without your permission! And they can put a significant stress on you and your financial health. The emergency can be any type whether it’s a medical emergency, urgent home repai... Read more

A personal loan is a flexible loan that can help you meet various financial needs, such as home renovation, medical expenses, education costs, or even a dream vacation. The best part is most of the personal loans ar... Read more

Balance transfer is a great financial strategy where you transfer your outstanding debt from one credit card or loan to another credit card or loan, usually with better terms such as interest rate, good service and ... Read more

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, contributing 30% of India's GDP and It is estimated that the sector provides employment to over 110 million people across va... Read more

A repo rate is a really important tool used by the RBI (Reserve Bank of India) to control inflation and stabilize our country’s economy. You should know details about repo rate which directly impact your inter... Read more

Financial institutions play a major role in the Indian economy, they help boost the spending power of individual and overall growth. The primary types of financial institutions are Banks and NBFCs so called Non Bank... Read more

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India's economy, contributing 30% of India's GDP and It is estimated that the sector provides employment to over 110 million people across va... Read more

When a borrower passes away, the process of managing his/her personal loan is itself a complex process both for their family member and lender. So, what really happens in that case? Let’s try to understand in ... Read more

There are plenty of options to raise money for a business. You can raise money from venture capitalists, seed investors, family and friends and many others. One of the common uses for your business funding is the &l... Read more

Financial planning is really an important thing to manage your finances effectively. Whether you are taking a car loan, personal, home or any loan, an EMI calculator can help you to identify accurate interest and pr... Read more

Refinancing your home loan can be a great financial move. It helps to lower your monthly payments and overall burden of EMI but the questions arise in your mind when and why to consider loan refinancing? Let’s... Read more

You have no idea about emergencies because it can come at any time. The emergencies can be any type such as medical, emergency travel and other in this case if you want a loan then a suitable loan is a personal loan... Read more

Our life is full of events such as weddings, vacations, ceremonies and this is uncountable. A personal loan will help you in fulfilling your major life event dreams into reality! This will give financial flexibility... Read more

As we have completed half of the year 2024 and the rest half will be gone in a very quick way. So whatever you have done till the half of the year 2024 regarding financial indiscipline just think about it and m... Read more

KYC is an important process that helps banks and financial institutions verify the identity of their customers. From 2002, RBI has introduced KYC guidelines to verify both identity and address of all customers who a... Read more

Well, you are taking a loan whether it’s a personal, home, education, gold or any other that alright! But if you don’t know the tax benefits related to the loans then you waste a lot of money by not clai... Read more

Personal loan is an effective and quicker financial tool that everyone needs. Starting from medical emergencies, wedding, travel and many more personal loan is a flexible option when anyone wants a loan but how does... Read more

A Loan Against Property is a great way to access a significant amount of money from banks but there is a value associated with your property, banks give loans by understanding your property value, if your property v... Read more

Within this page we will use Loan Against Property as LAP so wherever it has mentioned LAP means it’s Loan Against Property. A LAP is a very famous financial tool for every homeowner. Since it has many advanta... Read more

Alright, you want to buy your dream home and it’s a really exciting milestone for you but a home loan is a complex process. By not understanding properly about these things you might have potential problems. L... Read more

There are many possibilities that your credit score will impact. Understanding what factors influence your score is crucial for maintaining a healthy credit profile. You have a question in your mind: what can be the... Read more

In today’s world if you want to apply for a loan whether it’s a personal, home, car loan or others you need to find a lender, check everything and make a decision. We EazyBankLoan understand your problem... Read more

You want a loan and apply for a loan such as personal, home, car or any loan but after applying for a loan the lender will calculate DTI (Debt to Income) Ratio to understand financial health. We will discuss in deta... Read more

Building a home it’s a dream for everyone. To fulfill the dream most of the people avail a home loan from a financial institute. In the loan the timing or purchasing a home is really important because it helps... Read more

Ever wondered how we match you with the best banks? In our busy world today, getting the right loan that fits your needs can be hard. But don't worry! EazyBankLoan is here to help. They compare different loan op... Read more

Are you finding it hard to deal with lots of debts? Having to pay different loans, credit card bills, and other money stuff can be tough and confusing. Maybe getting a personal loan to put everything together could ... Read more

India's GDP grew by a huge 8.2% in the financial year 2023-24, showing fast and steady growth compared to other big economies in the world. For many entrepreneurs, expanding their business in India could be a bi... Read more

Getting a loan can seem confusing, but it doesn't have to be! This guide will take you through each part of the process, step by step. You'll learn how to apply for a loan, what papers you need, and tips to ... Read more

Today, lots of people choose personal loans to handle their money. Whether you have surprise bills, big plans coming up, or want to combine what you owe, personal loans are handy and easy. This blog will tell you th... Read more

Buying your first home is a big step and can feel too much, especially in a diverse place like our country with lots of options. But don't worry! With the right advice, you can make it through this process smoot... Read more

In today's busy world, having money when you need it can really help. Personal loans can be useful for things like paying off debts, fixing your home, or dealing with unexpected costs. But before you apply fo... Read more

Micro, Small, and Medium Enterprises (MSMEs) are important for India's economy, contributing over 30% to India’s GDP and creating a lot of jobs. To help them grow, banks and other financial institutions pr... Read more

These days, a lot of people in India use personal loans for things like unexpected bills, putting all their debts together, or buying big stuff. But with so many choices, it can be hard to know which loan is best. T... Read more

Understanding home loans might seem scary because people believe many things that aren't true. This makes many people in India feel confused and worried about getting a home loan. But in this blog, we'll exp... Read more

Purchasing a home is a significant milestone in anyone's life. Today the avg. home loan amount in 2023 is approx. 25 lakhs and the median home prices in major Indian cities have increased by nearly 20% in the la... Read more

Getting a loan is a big money choice that can affect your life for a long time. It could be for buying a house, starting a business, or handling surprise bills. Knowing about loans is super important. This blog want... Read more

In the vibrant world of business, securing the right financing is very important for growth and sustainability. If you're a business owner, no matter what kind of business you have—like a shop, a company, ... Read more

When you're starting or growing a business, you might need more money, and getting a business loan can help. But it's important to know how you'll pay it back. In this guide, we'll talk about the dif... Read more

Loans are really important for different money needs, like buying a house, starting a business, or paying for school. But there are lots of wrong ideas about loans. In this blog, we'll clear up these myths and g... Read more

Having trouble getting a loan approved? No worries! We're here to help you understand why it might be happening. Getting rejected for a loan can be tough, but we'll explain the common reasons why it might be... Read more

Having a good credit score is super important when you want to get a loan. It decides if you'll get approved for the loan, and even affects how much interest you'll have to pay. By the end, you'll know w... Read more

Are you planning to take a loan? You should understand the interest rate such as fixed and variable. Understanding the type of interest rate, you choose can significantly impact your financial planning and repayment... Read more

Suppose you take a loan of 1 lakh from the bank and expect to receive the full amount, you might be surprised to find that you've received only 90,000 Rupees. Wondering where the 10K went? That's because of ... Read more

You must have heard plenty of times that your friend, colleague or relatives have defaulted on loans due to bad repayment strategies. They don’t have a proper plan and without having a plan they are taking loa... Read more

When you apply for a large loan, like an education loan over 10 lakhs, banks often require a co-signer. This reduces their risk because the co-signer shares responsibility if there are issues with loan repayment. De... Read more

Getting a loan can be tough. Lenders there often ask for something valuable, called collateral such as property, gold, fixed deposits, and other valuable assets. to make sure they don't lose money if you can'... Read more

Majority of people in India don’t know about legal rights and responsibility! Yes, that’s true. If you’re reading this article, there is a high probability that you are also not aware about the rig... Read more

Falling behind on a loan can cause big problems, more than just money trouble. It can hurt your credit score, making it hard to get loans later on or get good interest rates. It can mess up other parts of your money... Read more

When applying for a loan, the tenure—or the length of time you have to repay the loan—is a critical factor that can significantly impact the total interest paid over the life of the loan. We will explore... Read more

You must have known that owning a home nowadays is how much cost that you will be paying for EMI each month! Before applying for a home loan “Down Payment” plays a crucial role in home loan approval and ... Read more

Many people have different opinions about credit cards. Some believe they are not good, while others see them as useful for emergencies or earning rewards. There are many myths about credit cards, but let's find... Read more

Most people confuse which one should they choose. When considering financing options for your business, you’ll encounter two main types of loans: secured and unsecured. Both have their own sets of benefits and... Read more

Are you considering closing your loan early?  If so and you think this is the right time, you must evaluate a few things before you close your loan early such as pre-payment charges, benefits, impacts and many ... Read more

Credit Cards and Personal Loan have their own pros and cons and they are different types of credit. When financial emergencies strike, it’s crucial to have a plan for accessing funds quickly. Both personal loa... Read more

A freelancer or self individual employees often face challenges when they are trying to get a loan! They often struggle with irregular income and lack of traditional proof of income, making it harder to secure loans... Read more

Owning a home is a dream for many, and to achieve this dream, people often take loans from banks. Before taking a loan, they carefully evaluate details, including property valuation. This is important because it det... Read more

Are you someone who uses credit cards frequently but struggles to pay off your debts? You're in the right place! Managing credit card debts can be tough, but with these helpful tips, you can pay off your balance... Read more

According to a report on Business Today 47% of urban Indian households report one or more financial frauds and one of the most common types of fraud is in the list is credit card fraud. If you’re reading this ... Read more

Nowadays, we have a lot of options for choosing which financial corporation is suitable for us such as banks, NBFCs, Peer to Peer lending and a lot of innovative ways for a loan, you have more options than ever befo... Read more

When you want to reach your money goals, like buying a house or starting a business, getting a loan can be a big help. But getting a loan isn't always easy. We'll talk about mistakes people often make when t... Read more

Did you know in India MSME GDP contributes over 30%. That’s huge! Starting and expanding a small business can be tough, especially when it comes to getting money. Luckily, the Indian government has different l... Read more

Owning a home in the picturesque city of Bhubaneswar is a dream for many. As the capital of the state of Odisha, this city offers a harmonious blend of modernity and rich history. If you have ever contemplated buyin... Read more

In the bustling economic ecosystem of India, enterprises often require an influx of capital to expand, streamline operations, or simply maintain a steady cash flow. Business loans have emerged as a preferred solutio... Read more

Personal Loans: A Brief Overview A personal loan stands out in the financial world as an unsecured form of borrowing, designed to cater to various personal needs. Unlike secured loans, personal loans don’t ... Read more