In a bid to make housing affordable for all economic strata of the society, the Government of India launched the flagship program Pradhan Mantri Awas Yojana (PMAY) as ‘housing for all’ scheme. This flagship housing scheme offers – (A) Interest subsidies One of the significant benefits of PMAY is its subsidies on home loan interest rate. EWS and LIG families can receive subsidies up to … Continue reading What does Pradhan Mantri Awas Yojana have to offer?
Marginal Cost of Funds based Lending Rate or MCLR came to effect from 1st April 2016. It is based on the repo rate, determined by the RBI. Marginal Cost of Funds based Lending Rate was preceded by the base rate. The base rate lacked transparency and borrowers were almost never benefited from it. Hence, to provide transparency in availing credits, MCLR was introduced. It is … Continue reading How Does MCLR Affect Home Loans?
Indian weddings are an extravagant affair. Apart from arranging a range of services, hiring a make-up artist for the bride comes as paramount importance. So, here are the top bridal makeup packages in India that you can consider – HD Makeup: This involves high-definition finish leaving the bride’s skin flawless and stunning. However, this makeup package is quite expensive. So, you can fund this by … Continue reading Top 5 Bridal Makeup Packages To Look Out For This Wedding Season
If you are looking for financing options, both business loans and lines of credit can be beneficial depending on the circumstances. In case of a business loan, you obtain a lump sum which you are required to repay within a pre-set tenor with fixed monthly pay-outs. Obtaining a line of credit provides you with revolving access to funds which can withdraw and repay within a … Continue reading Two Best Funding Options: Business Loan and Line of Credit
Easy availability of finances to meet long or short term funding requirements of a business is essential for business growth and development. Among the multiple sources of finances, companies thus resort to availing loans and advances from the lending market in the form of business loans. Two such loans that business owners often resort to are term loan and advances for working capital. While both … Continue reading Differences Between Term Loan and Working Capital Loan
Entrepreneurial finance is a process with which you can manage your working capital. It also helps in analysing the availability of funds, avail start up business loans and take financial decisions depending on reports and analysis. The factors to keep in mind while involving such a process are examining requirements, existing advances, managing working capital, and analysing the sources of finance. The several sources of … Continue reading An Introduction to Entrepreneurial Finance
The Real Estate Regulation and Development Act came into effect on May 2017 with the objective to bring in transparency and uniformity as well as regulate the real estate sector in India. Among the other states, the Real Estate Regulation and Development Authority of Maharashtra or MahaRERA has been specifically pro-active since its inception. What makes the Maharashtra RERA Act unique? Some of the basic … Continue reading What is MahaRERA, and What Makes it Unique?
The funding in the start-up sector of India has massively increased in the past few years. The main reasons behind this growth are the introduction of various schemes to promote new enterprises in the market and the availability of funding from multiple sources. Introduction of GST has also made the market conditions more favourable for aspiring entrepreneurs. The most popular way to raise working capital … Continue reading 6 Great Start-Up Funding Options Appropriate for Your Start-Up Business
Medical professionals also need to apply for loans in order to cover certain expenses or to kick-start a new entrepreneurial venture. However, the subsequent discussion will strictly concern doctor loans for business which cove the likes of clinic expansions, facility renovations, and purchase of the latest medical equipment. When it comes to getting doctor loan for purchasing high cost equipment, it is necessary to meet … Continue reading An Expert Guide to Funding Medical Equipment Requirements
Complementing the growing popularity of SME and MSME sector, adequate financing is being provided to boost its growth. While these sectors continue to contribute substantially to India’s GDP, more and more entrepreneurs are leaning towards starting their business venture in the same. The ease of availability of MSME loan and a hefty amount provided by these credits makes them an efficient financial solution for such … Continue reading How to Setting Up a New MSME Unit