A stable monthly salary for employees makes home loan convenient for them. Without such a guarantee, banks take tougher steps to measure the borrower’s ability to repay loans. In certain house loans which are not fully risk-free for banks, interest rates are always higher and the term shorter. Businessmen and landlords looking for a home …
The criteria for the funds and the time when to get funding are different for different industries. For e-commerce or technology start-ups, funding is needed after an early version of the product has been developed. However, for sectors such as manufacturing, construction, packaging, and others, proper machinery and equipment are required to help them carry …
Steps to take when applying for a machinery loan? Read More »
Applying for a small business loan can be a complicated operation. Not only is it necessary to arrange your documentation, but you must also give the lender significant transparency in your business. After that, waiting to find out whether you’ve been accepted or refused a loan can be a nerve-wracking thing. But how hard is …
What is the Mudra Loan? The Honorable Prime Minister’s program, launched on April 8, 2015, for loans of up to 20 lakhs to non-corporate, non-corporate, small/micro enterprises is Pradhan Mantri MUDRA Yojana (PMMY). This credit is known as a PMMY MUDRA loan. Commercial Banks, RRBs, small banks, MFIs and NBFCs provide those loans. Â Types …
While the distinction between a house loan and a property loan is evident by their names, many people are still confused about how these two function. As Individuals require of home loan for various purposes and There are so many products in the market Let’s start by defining each type of loan to get the …
You work hard and you get into a top university. You are all set but then comes the dawning question of the finances. Let’s face it, Quality education is a must for a prosperous and full life. For several, this is equivalent to graduating from the top institution. Although best education is a priority, nevertheless, …
If it’s an unavoidable situation or an occurrence you want to schedule,a sudden financial deficit or a medical emergency, financial requirements are constant! If you’re caught off guard by such financial deficiencies, what’s the best solution? With monthly expenditures lined up, do you see any room for extra transactions or unplanned expenses? Not at all, …
At present, when someone is planning to take a Loan he/she has to Visit/Contact the bank or DSA /share the documents with the concerned Bank or DSA. In the process, many times file is log in to different banks which ultimately affects the CIBIL and also waste the precious time for the one looking to …
CGTMSE ( Credit Guarantee Fund Trust for Small & Medium Enterprises) CGTMSE scheme was established in the year 2000. The objective of CGTMSE scheme is to provide bank credit to MSMEs without the hassles of Collaterals/third party Guarantees so that young enterpreneurs can realise their dream of setting up or running their own Micro & …
Buying a Home is a dream for many. While buying a Home a Buyer looks into many Prospects. Some of them are Location, Budget, Feasibility and many others. In the same way, there are many things to look for in Home Loan also. Home Loan deal depends on many factors such as Profile of the …
Planning to take Home Loan, Decide yourself the Best Loan Deal Read More »
