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Top 5 Tax Benefits on Small Business Loans in India

Tax benefits on Business Loan

If you’re planning to avail a small business loan, then you must be sure about its impact on your next year’s taxes. Let’s clearly understand that business loans are tax-deductible! The effect of small business loans does not change your taxable income. It stays the same fundamentally. As per the Income Tax Act 1961, adding money

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

How to Apply for a Home Loan in India

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

Two Loans, One Bank – All About It

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

How to Apply Online for an Instant loan?

Online Instant Loan

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

Do Short Term motives influence a Cash Loan Decision?

Do short term motives influence a cash loan decision?

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

Ways to Prioritize your Cash Loan

Ways to Prioritize your Cash Loan

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

Tips for the first time ‘Cash Loan’ takers

Tips for the first time 'Cash Loan' takers

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

5 Common Hurdles of Individuals when Taking Loans

5 Common Hurdles of Individuals when Taking Loans

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

Essential Checklist before selecting your Loan “Partner”

Essential Checklist before selecting your Loan “Partner”

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.

The Fast Paced Growth of Fintech: This how it is!

ToThe Fast Paced Growth of Fintech: This how it is!

Now that technology is reaching every small segment in the business economy, how can finance be left behind? Fintech essentially refers to technology-driven solutions related to the financial sector Technology along with finance is known as Fintech that stands for financial technology. Tracing history reveals how financial technology began with the launching of financial services

Does social credibility matter when taking loans?

Social Credibility

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

7 Tips to Manage your Finances Better

7 tips to manage your finances better

It’s 1st of the month and you get a message on your phone saying that some amount has been credited to your bank account. You already know that the message is speaking about your salary. So you have the salary but you also have a very long ‘things-to-do’ list. Although, the goal is to do

Major Goals to achieve with Quick Cash Loans

Major goals to achieve with quick cash loans

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