5 Reasons to Buy Your Dream Home This Festive Season

Most people buy a home during the festive season as it is considered auspicious. Another reason for people to wait so long to strike a deal is the discounts and offers by... Read more »

Things to Keep in Mind While Applying for a Business Loan

Currently, there’s a growing trend where many business owners are pushing their way towards business loans before setting up their business. This is mainly because a business loan caters to their need... Read more »

Discover FHA Refinance and Its Advantages

Are you having a difficult time paying for your house or car right now? If you are, you might consider getting a refinance. Refinancing is a better idea to pay off all... Read more »

How to Get A Start-up Business Loan in India?

What is a Startup Business Loan? A start-up business loan is a lump-sum amount of money financed by various banking institutions as a loan to new businesses to fulfil their monetary needs.... Read more »

What You Need to Know About RV Financing

Travelling is one of the best ways to unwind. City life can be the most vibrant experiences that you can have, but it is quite stressful. There are so many things happening... Read more »

Business Loan or Overdraft – Which is Better?

As an entrepreneur, you are engaged in a cut-throat competition to be recognized by the world at large. Raising capital is one of your perennial agendas. You want to grow, and putting... Read more »

What Do You Need to Know About Your CIBIL Score?

Picture this: You lend ₹5,000 to your friend and your friend promises to return it to you within a month. However, your friend forgets to return the amount, despite persistent reminders. After... Read more »

7 Practical Tips to Avail Better Interest Rate for Your Personal Loan

When you take a personal loan, one of the major considerations is the rate of interest. Since a personal loan is an unsecured loan, the interest rates are generally on the higher... Read more »

How to Borrow Responsibly the Next Time You Need a Line of Credit

Do you ever get the feeling you’ll never save enough, no matter how many pennies you pinch? There’s always another emergency demanding your time, energy, and money. And sooner or later, your... Read more »

Home Loans – All You Want To Know Rules and Rates

Buying your own home is one of the most crucial financial decisions you will ever take. As a property purchaser, you are most likely to avail a home loan. You don’t want... Read more »

Best Benefits of an Installment Loan

An installment loan allows regular people to make bigger purchases over time. These loans can definitely come in handy while considering things like home buying, upgrading a car or continuing higher education.... Read more »

Top up Loan Vs. Personal Loan – What should you choose and Why?

Are you faced with a financial emergency? Are you looking for the right funding option? Well, the two most attractive funding options that best fit your financial need are top-up loans and... Read more »

9 Essential Tips To Get Your Personal Loan Approved Fast

There comes a time in almost everyone’s life when the need for having access to more money than they have arises. Most people do consider taking a loan, but that’s not to... Read more »

How a Short-term Loan Can Improve your CIBIL Score?

Have you ever been to a bank for a personal loan and got rejected because your credit score was low? Yeah, we get you! Credit Score is a 3-digit number on which... Read more »

7 Excellent Tips to Increase your Credit Score

A credit score helps to determine the level of creditworthiness of a person. Knowing your credit score is very beneficial for the lenders to determine whether you are eligible for a loan,... Read more »

A loan is the amount of money given by banks and other financial institutions with an expected payback along with interest levied on it.

Some of the loans that are doing the rounds of the market include Home Loan, Auto Loan, Personal Loan, Education Loan, Credit Card loans, loans against fixed deposit, loans against Insurance schemes, loans against Mutual Funds and Shares.

The purpose of lending loans is to facilitate people to fulfil their needs without actually facing a financial crisis, or a financial crunch, plan their finances well and maintain liquidity at the same time.

For availing any kind of loan, you need to fulfil eligibility criteria associated to that loan. Some common eligibility criteria are associated with your income, occupation, age, your capacity to pay back the loan, and place of residence.