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Fixed rate and floating rate

When taking a loan either from a bank or a NBFC, we have the option to choose between Floating and Fixed rate of Interest for repaying the Loans in Equated Monthly Installments (EMI). So how are these different and which one is more beneficial for us? It is important that we choose wisely for two …

No-one wants to enter a financial industry until they need funds and actually want to save themselves with harmful after effects of bearing any kind of losses. So before you have to enter you do not think to enter the territory of the financial world without knowing the in and outs of the terms and …

Buying any kind of property is a huge decision for the whole life. Nowadays Banks/ NBFC’s ask the borrower to include a co-applicant in the loan. Co-owning property with our own family member is a normal practice for long but nowadays people do not shy away to collaborate with their friends too. However, many of …

Life is a path full of ups and downs and anyone can across a situation where you are in an urgent need of money. What would be your first step? Anyone would look for an easiest way out, well it maybe a Payday loan or everyone’s all-time favorite friend, credit card. But it’s not wise …

In our life we borrow loans lot many times – smaller consumer loans, personal loans, car loan and a home loan. Yes, mostly we all borrow a home loan to fulfill the dream of owning a home for us, for our next generation. We want our family to safe and secure for their whole life …

It doesn’t matter that if you are an existing home loan borrower or even if you are planning to take one soon. But if the answer to the first line is yes, then the following article can be a great help. It is important for you know that home loan monthly installments hold a major …

India is a strong and a diversified country which is expanding its financial sector rapidly. The already existing financial organizations are trying to strengthen their base and services and new Banks/ NBFC’s are entering the banking sector to provide new financial products. Fund is the lifeline of any business. It can be for establishing a …

Unapproved or Unauthorized development is a warning sign of unsystematic, unplanned growth in urban areas. They are growing like mushrooms day by day. Without the authorization of the authorities, number of residential and industrial colonies are coming up. These colonies are a big vote bank for many so able to get the basic civic amenities …

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