July, 2020 - Home Credit India

Monthly Archives: July 2020

What all Should you know About Small Business loans?

Instant Business Loan Online

Small businesses are believed to be the power house of the Indian economy.  However, these businesses are scared of the complex lending process through the physical centers. This can be really frustrating for the takers & providers both. Too many times, we observe how growing companies reach a saturation point when they do not how

Are Loan Sizes Higher When Women Borrow?

Borrowing Habits of Indian Women

As per the numbers, the ratio of working males in India is much than women. The latest study reveals that women borrowers have outplayed men in the last few years, in terms of the size of borrowing.  A higher loan amount would mean there’s a woman working in the house in comparison to working men alone in a household. In fact, banks have introduced special loan offers for

Adventure Trips to Try Out in 2020

Best Destination for travel In India

We hope that after an exciting 2019, the plans for 2020 are even better with a delightful list of destinations. It’s a good practice to keep a definite plan ready along with the shortlisted places on chart. This year, in 2020 chalk out newer places within India for adventurous trips & unmatched travel experiences. This

Easy Loans Turn Hard in 2020

Easy Personal Loan 2020

With the ever-growing digital space, borrowings have become much easier. It’s quite important to note that an incessant need for cash can push you towards an irrecoverable dent. You shouldn’t allow advertising gimmicks to lure you into taking on borrowings.   You may just be caught up in a debt trap because they go by what’s being sold

Can We Master Mutual Funds as Amateur?

Master Mutual Funds

As Indians, we are no longer new to mutual funds. Asset management companies (AMCs) and fund distributors like to aggressively promote their investment products as a part of their routine. However, there are a few of us who still do not understand how these investment instruments work?  To explain better, mutual funds are simple investment plans which are started by asset management giants where retail investors ( normal people) can pool their money

5 Best Budget Android Apps of 2020

Best Budget Android Apps

There are many existing Budget Apps in the country for use, so it’s best to utilize one for financial control & regulation. Let’s begin in an ascending order to list a few important Andriod Budget Apps:  5 Best Budget Android App of 2020  Mint  Mint as an App is brilliant if you want to get your finances back on track. In addition to keeping

How COVID 19 has hit the Indian Manufacturing Industry?

Impact of COVID 19 on Manufacturing Industry

Of course, the ongoing lockdown has surely pushed the manufacturing industry negatively, which contributes about 20% of India’s GDP. Out of this considerable share, the auto industry contributes about 50% of it. Though the situation of the auto industry was bad in the pre-lockdown period, however, it’s even worse now. The time of uncertainty has impacted small organizations with lesser power and lower profitability. This has

5 Ways Covid 19 is Making A Positive Impact

Covid 19 Pros and Cons

The coronavirus has surely been turning fatal taking toll on so many innocent people. And this is not just happening in India but also massively outside. This is almost like punishing them by keeping them sealed indoors & pumping in the spirit of fear & insanity. Amidst all the confusion, Covid19 has a few positive

How COVID-19 hits Indian Tea Industry Hard?

COVID 19 Tea Industry Impact

To prevent COVID 19 tides, a lockdown was announced first in March 2020. This was also the time when the tea industry was gearing up to start all over again as directed by the Tea Board. However, the lockdown got extended for another 14 days, which was effective till 14th April.  According to the Tea Association of India (TAI), the complete lockdown effective

How are Indian Industries impacted by COVID-19?

COVID-19 Industry Impact

We are witnessing how the superpowers are already striving hard to cope up with an economical shutdown & falling demand for consumer products. The strongest economies are worried about how to drive growth amidst the corona virus scare in the country. Quite a few Indian sectors have reached a critical state & are hoping for

How the Aarogya Setu App became Compulsory for Travel?

Aarogya Setu App

Aarogya setu is a brilliant app as an initiative to connect essential health services to Indian citizens to keep their fight alive against Covid-19 pandemic. Amidst this crazy scene, Aarogya Setu has substantially helped to keep tab on the coronavirus cases & track patients in your vicinity. This GPS enabled app helps you to spread

Top 3 Small Business Ideas for Beginners

Small Business Ideas

Are you curious to start up a venture of your own & cannot find your best small business idea? In the uncertain times of 2020, you need a little inspiration to set up your small business. Amongst all the ideas around us, it’s hard to find the most befitting one.   It may always feel as if the best business

5 Reasons why COVID-19 Pandemic is Worse than 2008-09 Financial Crisis

COVID-19 Impact

According to experts, Covid-19 pandemic has hit harder than the financial crisis of 2008-09. During this time, it’s important to take action with effective fiscal packages to take control of the situation & feed the poor/underprivileged. In-fact, the pandemic is striking back & forth through different channels. We are witnessing major supply issues and lakhs

What will happen if I miss my EMI Payment?

EMI Payment Scheme

Over the past few years, the number of individuals choosing personal loans to finance their big purchases, travel, and consolidate debts has been increasing rapidly. As is already known, personal loans are unsecured loans that require minimal documentation and are disbursed fairly quickly. Furthermore, personal loans come with a flexible repayment schedule that ranges between

6 Things that Show on Your Credit Report

Things to Know About Credit Report

There’s no surprise to reveal that a credit report reflects on your past credit transactions. It tells us clearly if we’ve paid our loans on time & took notice of our falters. This substantially helps in getting us another valuable loan.   Understand the value of your credit report through a fresh perspective  As a responsible father, you may have big dreams about your