Download App app-link

knowledge
center

Amortization involves spreading out a loan repayment into series of fixed payments over time. You’ll be paying off the loan’s interest and principal in different amounts each month, although your total payment remains equal each period. This most commonly happens with monthly loan payments, but amortization is an accounting term that can apply to other …

Having Co-applicant for availing loan

A co-applicant in Home Loan is an individual who has an equal responsibility in repaying the loan just like the main borrower. As per the banks’ rule, the co-applicant must be blood relatives or immediate family member. The lending institutions allow up to 6 co-applicants in buying a property. Does the co-applicant require a good …

Education Loan

The standard and Quality of education has risen over the past decade. With the rise in this demand, the cost too has shot up tremendously. Be it studying in India or abroad, getting even a basic graduation degree from a reputed educational institution can cost up to Rs.3-4 lakhs for a 3 years course. Apart …

What is Aadhaar card

Aadhaar number is a unique 12 digit number issued by the authorities for all the residents of India after a proper verification process done by the authorities. Every individual irrespective of gender, age, cast and who is also an Indian resident can voluntarily enrol to get Aadhaar number. There are certain demographic and biometric information …

Archives

Recent Posts

Tags