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The banking industry is highly competitive in terms of gaining more and more business. The market dynamics and the competition between the industry players have to follow the set rules and bring down the interest rates. It seems like a war between them where they want to attract more new customers with their attractive rates …

In last decade, the real estate industry has taken a boom and the real estate property has become a monetary asset where the borrower can easily secure the funds from Banks/ NBFC’s in the form of loan against property. Banks/ NBFC’s are ready to fund the borrower against their properties as it involves a security …

The-loan-Recovery-Procedures-–A-Complete-Guide

We come across a situation when we all borrow a loan to finance some major events of our life. Be it an auto loan for buying a car, a personal loan for paying a medical emergency, a home loan pay buy a house or a loan against property for business growth. Borrowing through a loan …

It can be any loan product which you need. Exploring the market and choosing the right fair deal for you will always be a smarter choice. It’s not only that you have to find the right product that suits your need but also the terms to be compared. Before calling a loan officer always keep …

Whenever we are in need of any loan, we start looking for options. Few friends and neighbors also come with their suggestions. But still we always have doubts in our mind that leads to more research. Here at mudrahome.com we have tried to answer to all your doubts. Do I need a loan? It is …

Buying a first home can be nerve-racking. It is because the process is difficult to deal. And what makes it that? At the top of the list is getting a home loan and setting the interest rates to purchase your dream property. While the advertisements are quite glossy but the process is painful, as any …

Banks-Loan-Collection-Process-A-Detail-Understanding

Retail banking is a highly competitive environment, every bank/ nbfc/ financial institution is more focused on its growth in business by not only the new acquisition of customers but as well in the retention of existing customers, expansion and increase in market share. Bank/ NBFC/ Financial institutions have to control the rising negligence of the …

Mode-of-Repayment-for-a-Loan

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 …

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