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In recent years, the specter of trade wars has loomed large over the global financial landscape, reshaping economic policies and shifting market dynamics. The escalation of trade disputes, most notably between the United States and China, has rippled through the world, affecting economies big and small. This blog post delves into the impact of these …
In India, like in any other country, interest rate changes can significantly impact your home loan. The interest rate on your home loan determines the amount of money you need to repay to the lender in addition to the principal amount borrowed. Let’s explore how interest rate changes can affect your home loan in India: …
A certain sum of amount which the borrower deposits initially, to either the bank or a non-banking finance company from whom they are trying to obtain a home loan is called as the Margin money. Lenders treat the contribution of The margin money for a home loan from a borrower is accepted as a sign …
Gone are the days when parents expected their children to become their old age stick and be a part of their lives in their old age. And also with changing goals and aspirations children also want to move out of their comfort zone to achieve big in their lives. But, to achieve this so-called “big” …
We all borrow money from our friends, family, relatives or we reach out to Banks/ NBFC’S for funds in the form of a loan. When we borrow from Bank/NBFC we are supposed to repay the debt as EMIs. These EMIs consist of the principal amount as well as the interest part. But what if you …
We all are very well aware of the fact that to borrow a loan from a Bank/ Nbfc or any other financial institution there are certain rules that has to be followed by everyone. Even the lenders have certain policies which they cannot abide, not even for a small amount. Checking a credit score is …
Turnover means how much you earn throughout the year. These earnings are not calculated only on the basis of money but also on the other assets of the business. Other than the building, equipment and the fixtures installed in the premises there are certain other assets that a business owns and must be disposed or …
There are people who are unable to arrange the funds for their down payment and there are people who are blessed to pay for their homes in full in cash. Finding a right property that fits in our budget, further bank and its paperwork and EMI’s for the repayment of the loan seems to be …