Concept of Small Business Loan | How To Get Small Business Loans in India

Small and medium-sized businesses might obtain a loan for their small company to cover immediate needs. Small commercial loans typically the easiest sort of loans for businesses to obtain, requiring little paperwork and simple qualifying. Particularly in the early phases of expansion, it is crucial to know whether your company requires and qualifies for a loan for … Read more

Microfinance: Driving Financial Inclusion in India

Introduction to Microfinance in India Have you ever wondered how people in remote villages gain access to financial services? Enter microfinance, a revolutionary concept that’s transforming lives in India. Let’s delve into this captivating journey. Historical Background of Microfinance Microfinance isn’t a new kid on the block. Dating back decades, it began as a tool … Read more

Credit Scores: Impact on Loan Approvals in India

Introduction to Credit Scores In the vast financial landscape of India, where dreams are frequently intertwined with economic realities, the concept of credit scores has emerged as a pivotal player. But let’s unpack this term: What exactly is a credit score? In layman’s terms, it’s a numerical representation that encapsulates your financial history, behavior, and … Read more

Home Loans: Tips for First-Time Buyers in India

Introduction Buying your first home in India is a monumental milestone, and understanding the intricacies of home loans is crucial. So, if you’re a first-time buyer, buckle up! We’re about to embark on a journey filled with insights and tips tailored just for you. Understanding Home Loans At its core, a home loan is a … Read more

Digital Lending: Transforming the Indian Loan Landscape

Introduction to Digital Lending What is Digital Lending? Digital lending refers to the process of borrowing and lending money through online platforms without the involvement of traditional financial intermediaries like banks. In India, this modern approach to lending has gained significant traction, reshaping the financial landscape. Historical Context of Lending in India Historically, lending in … Read more

Personal Loans 101: Eligibility and Process

Introduction to Personal Loans What are Personal Loans? Personal loans are financial tools that allow individuals to borrow a specific amount of money from a bank, credit union, or online lender. Unlike mortgages or auto loans, personal loans are unsecured, meaning they don’t require collateral. Instead, lenders evaluate borrowers based on their creditworthiness. Why are … Read more

A Comprehensive Guide to the Home Loan Application Process

By obtaining a home loan from Indian Bank for a maximum of Rs. 3 -4  crores plus low interest rates starting at approximately 7.55% p.a. and a number of extra features like longer mortgage periods & customizable payback options, you can now easily realize your dreams of having a home of your own.  Home loans from … Read more

Personal Loan and Debt to Income Ratio | How Does Your Personal Loan Eligibility Affected by Your Debt to Income Ratio?

DTI, or debt-to-income ratio, is one of many unfamiliar phrases you might encounter when submitting an online personal loan application. The debt-to-income ratio is defined in this article, along with how it impacts the process of applying for a personal loan. More consumers are using personal loans to pay for higher expenditures. The fact that … Read more

Home Loan Eligibility and Things affect Your Eligibility

It is possible to determine one’s eligibility for a mortgage on a home using an online calculator. Banks take into account a variety of factors, including revenue per month, loan repayment terms, additional income sources, and EMIs due, among others. The many elements of eligibility are computed using the house loan eligibility calculator. It assists … Read more