The reasons for preferring a personal loan are already discussed at length, however, they can be suited better in a specific situation more. It is opted the most to close or combine the existing loans. So there are some points to be kept in mind for making an intelligent choice. To land at a good
26
Nov
Nov
In the present world of liberalization and global integration, educated individuals prefer to relocate due to the changing profiles in their respective companies. So, if making adequate arrangements need finances, then try rent deposit loans perhaps! It is especially tricky to have rental accommodation at the price you like. People relocate to newer places due
25
Nov
Nov
Most known banks and financial institutions announce lucrative offers during the festive season. Whether a public or private sector, all institutions take advantage of the times to put out cheap loans. There is an exponential spike of sales during these times. It is a smart technique of low interest rates by banks to get more
12
Nov
Nov
Every business when gets started needs an initial push, this is similar to a solid business expansion. Here, equipment loans can be your all weather friend. Equipment loans can be specially used by ventures to start with a bang and procure capital for newer equipment purchase to make money. For e.g. a restaurant may need
01
Oct
Oct
From the beginning of our career, we channelize our efforts to build an owned house. Our house strongly reflects upon the basic character and life aspirations. So, the focus should be on building a house as early as possible in our professional span. Once built, there are several other commitments to be met. The essential
30
Sep
Sep
Typically, you opt for a home loan to buy a property or build a house on it. There can also be times when your house needs a touchup, and then again your home loan backs. It can be a renovation, extension or repairs to the existing property. So even before we contemplate the idea of a
19
Sep
Sep
In the past, personal loans have been already accolated for the ease of approval and disbursal it endows upon. Marriage happens once in a lifetime, and people aspire to create magnificence. It’s obvious to have expectations to make it big and end up as a memorable affair. However, it’s difficult to sponsor a grand wedding
13
Sep
Sep
Startups need just as much manual work to be done as mental mappings and thinking ideation. Investing in a business, small or big, is something which should be done wisely. For setting up a startup, capital is the initial funds required and there are several ways to get your capital. Given below are the pointers
20
Aug
Aug
To be successful in your business venture, it is extremely important to manage your fixed and working capital. So this makes the need to source finances even more. Business Loans greatly aid the need for urgent finances and pump synergies into the business venture. Business loans can also help your expansion plans. This is not only
19
Jul
Jul
Today’s time is extremely fast moving. In India, we are always on the move, trying to figure something. We encounter too many potholes and bad traffic conditions on the way! So if you’re a frequent traveler, then it’s time to reconsider transport vehicle and bring about a change! Two wheelers have the age old mode
09
Jul
Jul
From a larger perspective, an emergency personal is the future ahead. When needs are well planned, they do not need to be pondered upon. But what do you do when an emergency crackles up out of blue? This is why it’s so significant to discuss emergency loans at length! Emergency loans are the best financial
04
Jul
Jul
Personal loans are highly preferred for their versatile nature while gold loans are slightly specific in nature. However, on a ground level, both gold loan and personal loans have competitive interest rates within a range of 9.85%-26% and 10.75%-24% respectively. Quick approvals and disbursals are the determinants to choose a specific loan. Personal loans are
27
May
May
Want a loan but worried about your eligibility? There are ways to know if you are eligible to avail a loan. You can check it online and know the factors that contribute to the eligibility of the loan. Here are some of the factors that decides the eligibility of the loan for any individual. Documents
20
May
May
Just as difficult as it sounds a loan can be sanctioned by a bank, NBFC or an online P2P lending platform. P2P lending platforms are basically NBFCs as watched by RBI and the statutory bodies. The online lending platforms are the building blocks between investors and borrowers. Many online lending platforms entail a small charge
17
May
May
Majorly, personal loans are long-term and have high interest rates on the lent amount. However, there are a few personal loan types which can be taken for shorter duration also. A depositor can easily visit a bank for demand loan against old deposits, National savings certificate, LIC policy etc. What banks do is that they
14
May
May
Home loan or housing loan is a certain amount of money borrowed by an individual to purchase a house or any piece of residential property for a specific time period. The amount is lent with some interest amount that has to be paid along with the principal amount. Eligibility to get a Home loan Decided
13
May
May
Getting a loan sanctioned for small businesses is extremely significant. It only gets difficult with the strict bank rules and regulations. Infact, banks are just becoming even worse. External sources of finance are relevant when a business gets a kickstart and expands eventually. For small loans, NBFCs can be conveniently approached for a long list
08
May
May
Very often we take a small loan at first. However, as time goes by we build more trust with the brand. Alongside, we start to like the concept of personal loans! Many lending institutions are open enough to offer a second loan. This could be basis the individual’s financial behavior and repayment pattern. The lender
03
May
May
Home loan or housing loan is a certain amount of money borrowed by an individual to purchase a house or any piece of residential property for a specific time period. The amount is lent with some interest amount that has to be paid along with the principal amount. Eligibility to get a home loan Decided
29
Apr
Apr
Getting cash loans have become easy nowadays. With technologies getting advanced, processes getting simpler and faster and minimal documentation requirement, cash loans are a few clicks away. You don’t have to stand in long queues of the bank and go through a tedious process of loan application because now you can get cash loans online
18
Apr
Apr
Getting a loan for an individual with regular employment or business is an elongated process and any applicant has to go through it. The only relief is the probability of getting a loan sanctioned for an employed individual is easy. The race is more challenging for an unemployed individual who is in dire need of
16
Apr
Apr
Loan advances have become easy and fast because now you can get them online. Most of the banks have started offering online loan, either through their website or their mobile application with user friendly application and interface and easier application process in few steps. Visit the website or download the application. Log in with your
08
Apr
Apr
A short term loan is organized to be paid back within a year. There can be times when your business doesn’t have the capacity to apply for a long term/ business loan, which is why a short term loan. This is a useful source of finance for one time, short term tenure. The amount procured
21
Aug
Aug
Let’s get this straight and right. The answer to this question is YES. Short term motives very definitely influence a Cash Loan decision. When we talk about our regular expenses, the ones which are inevitable, loans do not play any role. But, when comes the expenses which aren’t one of the regular ones, we do
30
Jul
Jul
The value of loans in India increased 12.80% in July 2018 compared to the same month in the year 2017. In India, loan growth averaged 11.61% from 2012 until 2018, reaching an all-time high of 18.70% in April of 2012 and with a whopping increase in the next year. According to recent bank reports, there
25
Jul
Jul
Every first experience you have leaves you thrilled. And just before everything new you do, you are generally instructed by parents or someone elderly about how best you can do it and what are the possible Dos and Don’ts. Dos and Don’ts while taking Loan The similar way, there are certain things which should be
24
Jul
Jul
Applying for a loan is an easy ‘to do’. But, how many times does that application actually gets approved? Not always. There are various hurdles hampering amidst the application of loans and the actual disbursement. Points to be Consider while applying for Personal Loan Highlighted below are the top 5 common hurdles of individuals when
20
Jul
Jul
Taking a loan with a partner may increase the chances of loans getting approved. Also, you get to share the number of instalments which you would have to pay once the loan has been disbursed. But, as the management says, “Be wise”. Just do not pair up with anyone in order to avail the loans.
12
Jul
Jul
Yes. The above-quoted question is an absolute truth. A recent study shows that in the year 2019, social network users will be around 258.27 million, up from close to 168 million in 2016. The most popular social networks in India were found to be YouTube and Facebook, followed by social app WhatsApp. Facebook is estimated to
03
Jul
Jul
We all are driven by goals which motivate us to work towards achieving them. Some goals require just the determination and the hard work but then there are some which also require cash. So quick cash loans can help one achieve those goals. Benefits of Quick Cash Loan Let’s have a look at what all goals
22
Jun
Jun
Belonging to an Indian middle-class family all through my life, I have been very careful about managing my expenses in proportion of my earnings. I always made sure to put some part of my earnings into my savings account and accordingly manage the spending. But no matter how much you plan your finances in advance,
04
May
May
A few years ago, the lending process in India was cumbersome where one had to make multiple visits to the bank, stand in long queues, bring an endless number of documents and proofs for verification and then wait for weeks to hear from the bank. Does it sound feasible in the busy times today? In
26
Apr
Apr
India has shown significant growth in economy in the past few years. But the economic inequality is still far exceeding India’s economic growth. According to the Oxfam survey*, the richest 10% of Indians own 80% of the country’s wealth, which is of course huge. Online lending – Home Credit Leading NBFC’s Impact of the Widening
24
Apr
Apr
According to a latest report* India is all set to overtake China in 2018 to become the world’s fastest-growing large economy and since half of India’s population is middle class, there has been an exponential growth in the loan sector as well. The Bank loan growth in India** increased significantly from 4.10 percent in March
28
Feb
Feb
Life is unpredictable; you never know what it may have in store for you. Emergency situations are no different, as they come when one least expects it. It can be a fatal accident or a disease or even a job layoff. The odds of dealing with such situations with the help of money are always
21
Feb
Feb
We all need to borrow money at some point in our lives to fulfill our goals and desires. The possibility that these will require money is always high. However, many people have to run around from banks to banks, trying to fit into their criteria, queuing up, submitting various documents and doing tiring paperwork. In
20
Feb
Feb
From time to time, we always have crucial decisions to make, and chances are that it will cost money! Whether it is a new home-appliance, an automobile or a house renovation or any other any personal reasons, one needs a substantial amount of money to achieve what we desire. In such circumstances, a personal loan
15
Feb
Feb
There are a plethora of loans out in the market to cater to specific needs. If one wants to buy a car, there is a car loan. If one wants to buy high-end home appliances, then there is home-appliance loan for that. However, there are several reasons where we need an amount not large enough
02
Jan
Jan
Wondering how to solve your financial mistakes? There’s always a way to rectify your old financial mistakes. It might take up some time to clear the wound, but if you take up the right path, you might actually end up covering it pretty soon. Applying for a Personal Loan can instantly rectify your mistakes and
18
Dec
Dec
Most of us know the struggle while applying for a loan. Any loan can be a genuine saver if utilized for the correct reasons, and not on account of the loan fee is appealing or you can guarantee tax cuts. It’s important to consider these 5 points before heading on to apply for a loan.
01
Dec
Dec
Marriage brings along another part in the life of a couple. It’s a given fact that a wedded relationship must be harmonious and straightforward for the couple to accomplish life’s essential objectives. Discussion rotating around your accounts is a fundamental piece of your journey. Obviously, there are numerous difficulties for a couple in regards to
24
Oct
Oct
Looking back at the past 10 years in India, technology has grown at a super-fast pace with its manifold uses. There is nothing in today’s age which cannot be achieved with technology. Be it online shopping, small business, banking, real estate, so on & so forth. There have been times in the past when to get
21
Sep
Sep
Instant Personal Loan is an unsecure amount which caters to all the big & small needs. And those needs can be many. Home Credit India offers a loan amount which can be availed for multi-purposes. Be it for emergency on one hand or lifestyle/luxury purposes on other. Some needs do not come knocking on the
11
Sep
Sep
How are you currently tackling your financial life? What have you planned when your financial life will be amidst crisis or when an emergency knocks on your door? Technology is rapidly growing, much faster than anyone had ever imagined. With just a single click on the internet, we get things instantly done at home. But