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Loan against property is a secured loan given mainly to self employed people to fulfil any kind of financial requirement. Though this loan product is specially designed for self employed, it can also be availed by salaried individuals having a specific need of funds. LAP works as a saviour and help to find numerous solutions …
These days when media is playing a pivotal role in creating awareness of the present financial market, we still need some more facts and information to get clarity between Banks and NBFC’s. While banks and non-banking financial companies (NBFC) both are key financial intermediaries that offer similar services to the customers. The major difference between NBFC …
The reference rate is a benchmark upon which interest rates for financial operations are set. On the basis of reference rates banks and financial institutions decided their lending rates for different financial products considering the credit worthiness of the customer. The reference rates differ for every bank and financial institution and is directly relative to the repo rate which …
Types of Home Loans “Owning a home is a keystone of wealth – both financial affluence & emotional security.” A Home Loan is a great way to bridge the gap between your finances and the dream home that you always wanted to own. In India, the demand for home loans has increased manifold in the …