Things to Consider while Acquiring an Engineer Loan

Engineer loan is minutely customised & precisely directed, to help an individual by providing enough capital. An individual when want to apply for engineer loan he/she has to satisfy the conditions that are laid by the banking institution. Herein, we discuss those ideal conditions: Applicant’s profession is a deciding factor The nature-of-work the applicant is doing, play a vital role in deciding the type of … Continue reading Things to Consider while Acquiring an Engineer Loan

Everything You Need To Know About MUDRA Loans

Micro Units Development and Refinance Agency Ltd. Pr MUDRA loan is funding offered to people in the microenterprise sector in India. MUDRA loan helps the financial support of up to INR 10 lakh under the Pradhan Mantri MUDRA Yojana. Categories: Shishu Loan that offers a loan up to INR 50,000. Kishor loan provides cover from INR 50,000 to INR 5 lakh Tarun loan provides cover … Continue reading Everything You Need To Know About MUDRA Loans

Here is All About Home Loan EMI and Home Loan NOC

Be it buying a home and car or funding overseas education, you can easily manage the expenses with the help of bank loans. However, the most important thing related to loans is the EMI – equated monthly installment. It is basically the small monthly amount paid to the bank for repaying the loan we opted. EMP payments consist of both the principal amount and the … Continue reading Here is All About Home Loan EMI and Home Loan NOC

What is Income Tax Exemption on Loan Against Property in India?

You may take a loan against property either for personal use like wedding, medical bills, vacation or for business purposes. The best part is that the interest rates on loan against property are low in India. Apart from low–interest rates on loan against property following are the benefits that you may reap from tax exemptions: Under Section 24 of the Income Tax Act, the lid … Continue reading What is Income Tax Exemption on Loan Against Property in India?

How Medical Practice Loan Helps a Doctor

Of late, healthcare industry in India is undergoing a sea of changes as it moves towards evolving modern global standards slowly but steadily. As a medical practitioner, it becomes imperative to stay tuned to these changes and take your practice to the next level by providing comprehensive healthcare services. There are innumerable financial institutions that provide medical practice loans which are customised for the medical … Continue reading How Medical Practice Loan Helps a Doctor

What You Should Know About MCLR (Marginal Cost Lending Rate) in 2019?

If you are planning to avail a home loan, then you must be aware of the recent change of RBI loan rules and policies. As per the new RBI guidelines, the EMI has gone up. Why did this happen? It is because the latest repo rate has been hiked by the RBI after banks increased their MCLR (Marginal Cost Lending Rate). To understand RBI home … Continue reading What You Should Know About MCLR (Marginal Cost Lending Rate) in 2019?

Here’s How You May Know your CA Loan Eligibility

If you’re a chartered accountant and want to meet your personal and professional needs then apply for CA loan now and get it sanctioned with ease. However, it is important to know that CA loans are available only and only if you satisfy all eligibility conditions which are mentioned here. Norm 1: 4 years of Practice According to the CA Loan Eligibility, it is mandatory … Continue reading Here’s How You May Know your CA Loan Eligibility

How To Choose Career in Microbiology And What Is Eligibility Criteria?

Are you a medical aspirant? Whether you are seeking medical education or wish to make a successful career in the medical industry, know all about the trending microbiology career for yourself. When it comes to pursuing a lucrative career in the field of biology, microbiology is a field or sub-branch that has been gaining huge popularity in the modern time. The field of Microbiology is … Continue reading How To Choose Career in Microbiology And What Is Eligibility Criteria?

A Quick Guide To Home Loan Sanctioning and Disbursement

Are you applying for a home loan? Know all about the home loan sanctioning and disbursement process in India. A home loan is a lucrative option when it comes to funding your construction or buying of a new home. There are several banking institutions and financial institutions out there providing the ease of applying for a home loan in India. However, in order to avail … Continue reading A Quick Guide To Home Loan Sanctioning and Disbursement

What Are the Documents Required to Apply for A Loan Against Property?

A loan against property is a type of secured loan in which you can pledge for the important assets including your home, land, or the business premise for the purpose of availing funds. You can make use of the loan amount for addressing important needs including the expansion of your business, making the down payment while buying a property or home, funding your children’s education, … Continue reading What Are the Documents Required to Apply for A Loan Against Property?