With digitized processes and instant approvals, a personal loan today is one of the easiest and most convenient ways to fix your immediate financial concerns. Usually a personal loan is sought when the need of money is urgent, like in cases of medical emergencies, home renovations, impromptu trips, weddings etc. To ensure your personal loan […]
On May 5, 2021, the RBI announced the second loan moratorium to help minimise the financial difficulties faced by individual borrowers due to the second wave of the Covid-19 pandemic. The moratorium can help borrowers tide over financial exigencies and avoid defaults in loan repayments which not only result in penalties and higher interest costs…
हिंदी में पढ़े Amid the widespread panic and resultant losses due to COVID-19 pandemic, Reserve Bank of India permitted all banks and financial institutions to provide a 3-month moratorium on all term loans, including personal loans, as a temporary relief for those severely impacted by the health crisis and the lockdown. What Does the Moratorium…
When you need to borrow, you might consider going for a Personal Loan or a Credit Card depending on your financial requirement. While credit cards are ideal for short-term and small expenses, Personal Loan, on the other hand, is a good option for high ticket spends. The decision to go for either of them usually…
Often people run out of funds, especially when they have an important event of life coming up for which they need money. Be it a child’s college fee, their marriage, or most unexpected – a sudden accident or illness. At such times, people turn to banks for loans. To borrow a loan, you must have […]
With so many lending institutions in the fray, it can be confusing to choose the right lender. However, no matter whom you finally choose as your lender, knowing a few things before applying for the loan will help you secure a good deal. After all, every paisa saved is a step towards earning a rupee! […]
