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Financial sector in India is a diversified sector which is growing day by day both in terms of new emerging entities and strong growth of existing financial servicing firms. The financial sector includes commercial banks, NBFC’s, insurance companies, co-operatives, pension funds and many other small financial companies. The financial sector in India mainly includes the …
Personal loans are like a sigh of relief in the times of need. After all it helps when you don’t have any money stacked in your savings, even when your friends or family are unable to help you. We are not left with any other option except than borrowing. Personal loan lends us money without …
Repayment The act of paying back the borrowed money to the lender is known as Repayment. Repayment is usually done in the form of periodic payments and each payment goes in favor of principal plus interest. Default in the repayments of the loan during the tenure due to any reason can cause an adverse effect …
The Banks/ NBFC’s fund for our lifetime dreams of owning a house. The immense pleasure of fulfilling our dreams comes with a responsibility of repaying the same in the next few years without any default. Any defaults in the repayment of loan can lead your credit score in bad shape and further stop you to …
Education is the base that works as a building block to create a strong structure for a complete and a successful life. A quality education is a right of every child. To get a quality education is really important for everyone. Nothing is compared to the successful career of the child. However, in India, the …
There is a lot of difference between a Home Loan & Home Loan Balance Transfer. Both are availed in unique and different scenarios. Home Loan is all about availing the funds to buy an asset (home) where the amount with some interest has to be repaid within a certain period of time. Age, credit worthiness, …
Buying a home that meet our desires as well as fit in our budget is becoming a dream. It brings a feeling of an achievement for a life along with a big liability. It is difficult to buy a dream house entirely with our savings. Considering a huge amount for a long tenure, Home Loans …
Mistakes are a part of being human. Of course, taking a loan from a Bank / NBFC is not a cakewalk these days. There can be certain mistakes that we do while applying for the Loans from NBFC/ Banks which can be avoided to increase the chances of securing a loan. Correcting the application errors …