The Micro, Small, and Medium Enterprises (MSME) sector is considered the backbone of the Indian economy. It contributes around 30% of India’s GDP and provides employment to millions of people. However, MSMEs face several challenges, including access to finance, which limits their growth potential. To address this issue, the government has introduced various schemes to …
Making financial plans can be a daunting task, especially when it comes to long-term goals such as buying a home. However, with the help of a home loan EMI calculator, financial planning can be made easier and more efficient. What is a Home Loan EMI Calculator? A home loan EMI (Equated Monthly Installment) calculator is …
Purchasing a home is a significant investment, and most individuals rely on home loans to finance their dream homes. While taking a home loan, one must consider the possibility of unforeseen events such as accidents or loss of income, which may impact their ability to repay the loan. Home loan insurance and term policy are …
Home loan balance transfer is an increasingly popular option among borrowers who want to reduce their monthly payments or avail better interest rates. The process involves transferring your outstanding loan amount from your current lender to a new lender who offers better terms and conditions. However, while the idea of a home loan balance transfer …
Personal loans are becoming increasingly popular as people are finding themselves in need of financial assistance for various reasons. But how do personal loans work? What are the terms and conditions? What should you consider before applying? Here we present a complete guide on how personal loans work. What is a Personal Loan? A personal …
Usually, in order to receive anything, you must first let something go, but with a loan against property, this is not the case (LAP). You remain the owner and continue to utilize the property while your loan is being serviced even though you are using it as collateral for the loan. So, with LAP, you …
A home loan is a financial product that allows you to borrow money from a lender to purchase a property. It is a long-term commitment that requires careful consideration and planning. In this blog, we’ll cover everything you need to know about home loans, including the types of loans available, the eligibility criteria, and the …
“Portfolio diversification” as a concept sounds a lot like Soan Papdi to the investment community. It is transmitted from one person to another but is almost never consumed by anyone. The reason is not that people do not understand its meaning; on the contrary, they do not know the exact calculations behind it. Diversification means …