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 Avail Finance for Engineers

In India, the financial sector is growing rapidly with many financial institutions coming into existence. The main aim of these companies is to provide the borrower with the loan that comes with the best terms. An engineer – both salaried as well as self-employed can avail these loans. But the personal finance for engineers varies for salaried and self-employed based on their eligibility criteria, repayment … Continue reading How to Avail Finance for Engineers

What Are The Things to consider When applying for a Loan?

Banks or NBFCs offer secured and unsecured loans to help you meet your financial requirements. However, here are some important things like how to increase your CIBIL Score, how to maintain good Cibil to consider before you apply for any type of loan: 1. Interest Rates: Different banks or NBFCs charge different interest rates on loans. The unsecured loans attract high-interest rates, whereas the secured … Continue reading What Are The Things to consider When applying for a Loan?

Income Tax Deductions that can be Claimed on your Home Loan

Buying a home of one’s own is one of the biggest cherished dreams of any individual. In order to facilitate the realization of this dream, there are a number of lenders available today who provide home loans at very attractive interest rates. Benefits of a Home Loan There are a number of benefits of opting for a home loan according to RBI guidelines for Home … Continue reading Income Tax Deductions that can be Claimed on your Home Loan

Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

To know what is a good CIBIL score, you have to first know everything about your credit score. CIBIL is a credit information company that provides this score based on your Credit Information Report (CIR). The CIR or credit report stands for your finanical record. These data are collected by CIBIL from the financial institutions that have provided you with a credit. Some of the … Continue reading Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

A Short Note on CLSS

The Ministry of Housing and Urban Poverty Alleviation (MoHUPA) launched the Credit Linked Subsidy Scheme (CLSS) in the year 2015. The main aim of launching this project was to provide interest subsidy to existing housing loan subscribers and was launched under Pradhan Mantri Awas Yojana (Urban). Under the Credit Linked Subsidy Scheme (CLSS Scheme), the individual is provided with interest subsidy on housing loan availed … Continue reading A Short Note on CLSS

Which Bank Gives The Cheapest Personal Loan In India?

Personal loans are collateral-free loans, and therefore, have a higher rate of interest. This is standard in every bank as the financial institution is engaging in a riskier lending option. But, there are some NBFCs which provide personal loans that are cheaper compared to the loans given by traditional banks. You need to check eligibility for personal loan form One such NBFC that offers affordable … Continue reading Which Bank Gives The Cheapest Personal Loan In India?