Know More About Fixed And Floating Interest Rate Loans

All banks and financial institutions will charge a certain interest rate on a loan amount that the borrowers take, which is their share of profit for the money and services they provide. For instance, when you choose to take a home loan, the interest rates for it may start at around 9%. The borrower repays the loan amount along with the interest charged on it. … Continue reading Know More About Fixed And Floating Interest Rate Loans

Underrated Home Loan Aspects that are Often Ignored: Consider these while Applying

While a house loan is probably the easiest way to get started in regard to purchasing one’s dream house, there are a few particulars that need to be considered before sending across the all-important application. That said, there are many companies which offer home loans at highly competitive rates but more often than not, they levy a host of hidden charges on certain applications. In … Continue reading Underrated Home Loan Aspects that are Often Ignored: Consider these while Applying

Be Aware of the Advantages and Disadvantages of Invoice Financing

Invoice financing gives way to arrange funds by either mortgaging or selling to pay the bills of your invoices. Though there are some advantages and disadvantages about invoice financing which can help your business’s end on a short term goal. Here are some of the pros of invoice financing:- Invoice financing gives a boost in liquid cash for smooth operations. The working capital security is … Continue reading Be Aware of the Advantages and Disadvantages of Invoice Financing

Few Important Tips To Decrease your Home Loan EMI

It is very beneficial if you can get lowest home loan interest rates or reduce your home loan interest. It will decrease your loan burden. Here are some tricks to help you avail a home loan and lower your home loan EMIs in India: Extending the Repayment Tenor: The benefit of extending the tenor is that it can lower your EMIs. Extending the period of … Continue reading Few Important Tips To Decrease your Home Loan EMI

How to Get an Engineer Loan with the Help of Just your Salary

Personal loans have gained high popularity across India and emerged as the best solution for salaried and self-employed people. This is provided by the banks and non-banking financial companies that make it a best-unsecured loan and financing options for personal needs and even professional requirements. If you are an engineer and require funds to finance for your office or for other purposes, personal finance for … Continue reading How to Get an Engineer Loan with the Help of Just your Salary

What You Must Know About Personal Loan For Chartered Accountants?

The best and most suitable way to get a loan for a CA is applying for a personal loan. Being a CA you get this advantage of not giving any collateral to a bank or NBFC to get a loan. All you have to do is submit accurate documents and check your eligibility before loan application. You may apply to an NBFC such as Bajaj … Continue reading What You Must Know About Personal Loan For Chartered Accountants?

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?