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Number of times when students want to pursue further studies in finance. But getting a degree in financing or accounting is always confusing for them. Though, both the fields provide challenging, successful and rewarding career opportunities and in near future the fields will show the faster than average career growth For many of us it …

It is important to check while finalizing the Bank/NBFC who is giving an affordable interest rate as per the requirement of the borrower. One has to be cautious in not only understanding the EMI amount but also the mode of its calculation. EMI can be calculated by Fixed Rate Method, Floating Rate Method and Reducing …

It is important to remember that the interest rates do not change themselves. There are always certain situations like economic information on consumer spending or may be business inventories. There is no one person or organization that set the standards for thousands of nationalized and private banks. There is no one person to determine what …

An interest is the amount due over the period for the amount lent, borrowed or deposited. An interest amount depends on the principal amount, rate, compounding frequency and the time for which the amount is being lent, deposited or borrowed. An extra amount that a lender charges over the principal amount is normally expressed as …

Sanction-Letter-Its-Importance

A situation for the arrangement of funds can arise at any point of time. The reason can either be buying a new house, a loan against property for any emergency, any education loan or a business loan. Once there is a strong reason to avail a loan, there are many lenders and brokers that can …

Documentation is an important part for any sort of bank related work. While applying for a loan, documents play a major role to make an individual eligible for the same. It is always important to keep the documents updated and well written to make a loan process easier. Any document type which is easily recognizable …

Every business is unique and have different requirements. An old proverb says – Spend Money to Earn Money. To grow and maintain the flow of recurring expenses, working capital of the business, buy new assets or inventories to the company, advertisement or to buy real estate and expand operations investment is needed. Finance management is …

Business need funds for the day to day expenses, to increase the working capital, buy new assets and also for the expansion. Business Loan is funded to an existing running business to cover any unexpected expenses. The new income gained helps the business to pay the regular payments to be made. Banking sector is one …

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