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![WHAT IS A LINE OF CREDIT AND HOW TO GET IT_- [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/WHAT-IS-A-LINE-OF-CREDIT-AND-HOW-TO-GET-IT_-A.png)
The line of credit is a credit tool that is made available to individuals, companies, companies, or governments of financial institutions, including banks and NBFCs. The line of credit is a loan offered to borrowers, where they can use even a small part of the entire approved line if necessary. It is not mandatory to …
![PM SVANIDHI PROGRAM_ OBJECTIVES, MAIN CHARACTERISTICS, AGE AND IMPORTANT FACTS- [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/PM-SVANIDHI-PROGRAM_-OBJECTIVES-MAIN-CHARACTERISTICS-AGE-AND-IMPORTANT-FACTS-A.png)
The street vendor program Pradhan Mantri PM SVANidhi or Atmanirbhar Nidhi was launched on June 1, 2020 (Monday) by the Ministry of Housing and Urban Affairs (MoHUA). Let’s read the diagram, the objective, the duration of the mandate, the characteristics, etc. in detail. Pradhan Mantri’s street vendor, Atmanirbhar Nidhi, is a special microcredit service that …
![INTEREST RATES ON GOLD LOAN- [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/INTEREST-RATES-ON-GOLD-LOAN-A.png)
Gold is considered an excellent hedge when market conditions are volatile, loan interest rates are high, and inflation is high. All three conditions are currently met, making gold a sought-after investment option. The recent rise in gold prices has further increased the value of the yellow metal. Not only does it offer gold returns, but …
![Home Loan Eligibility & Measures To Improve It-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/Home-Loan-Eligibility-Measures-To-Improve-It-A.png)
If you are considering buying a house and want to avail of a home loan for the purchase you make, it is important to consider your eligibility before applying for such a loan. Since the quotient of risk involved in sanctioning of home loans is high, Bank considers various factors before granting sanction to the …
![What Is MSME & its importance in India - [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/What-Is-MSME-its-importance-in-India-A.png)
MSME stands for Micro, Small and Medium Enterprises. Under the notification dated 9 May 2007, the Ministry of Micro Small and Medium Enterprises was formed pursuant to the amendment of the Allocation of business rules 1961 with a merger of the Ministry of agro and rural industries and ministry of Small-Scale Industries. Ministry of Micro …
![PERSONAL LOAN VERSUS CREDIT CARD WHICH IS BETTER_ - [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/PERSONAL-LOAN-VERSUS-CREDIT-CARD-WHICH-IS-BETTER_-A.png)
WHICH IS BETTER? If you need to take out a loan, you can apply for a personal loan or a credit card depending on your financial needs. On the flip side, while credit cards are ideal for small, short-term expenses, personal loans are a good option for high ticket costs. The decision to choose one …
![HOW TO GET A PERSONAL LOAN WITH A LOW CIBIL SCORE HOW TO GET A PERSONAL LOAN WITH A LOW CIBIL SCORE - [A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/HOW-TO-GET-A-PERSONAL-LOAN-WITH-A-LOW-CIBIL-SCORE-HOW-TO-GET-A-PERSONAL-LOAN-WITH-A-LOW-CIBIL-SCORE-A.png)
Have you ever applied for a loan? You should be aware that the bank analyzes and assesses your eligibility before offering a loan. This factor is not really based on an individual’s personality but is assessed by the bank, which focuses on the borrower’s finances and credit history. In India, the way bank24 and other …
![ADVANTAGES AND DISADVANTAGES OF ONLINE PAYMENT-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/ADVANTAGES-AND-DISADVANTAGES-OF-ONLINE-PAYMENT-A.png)
With electronic payment, your customers can pay for goods and services without cash using cards, mobile phones, or the Internet. It offers a number of benefits, including saving time and money, increasing sales, and reducing transaction costs. However, it is vulnerable to Internet fraud and can potentially increase business costs. ADVANTAGES GREATER SPEED AND COMFORT …