Loan

Securing a business loan can be a straightforward endeavour if you follow a few easy steps. In this article, we’ll break down the process into three manageable steps to help you complete your business loan application successfully. Step 1: Understand Your Business Loan A business loan is designed to provide capital to entrepreneurs and business …

Dhiren, a 50-year-old Mumbai resident, knew he had to save sufficient money to fund his daughter’s wedding. This is why he had bought (and collected) gold over the years, which he could exchange for liquid funds at the bank. But when Dhiren met with his friend Anwar and told him about his plans, Anwar suggested …

A loan against property is a great way for you to extract value out of your property while maintaining occupancy. It is a secured loan where a pre-owned residential or commercial property acts as collateral. Since it is a secured loan, the interest rates are lower, tenures are higher, and you can get much higher …

Credit unions, classified as a financial institution, offer traditional banking services such as savings and, of course, credit products. Whether you need cash for an auto loan, student loan, or emergency expenses, a personal loan from a credit union is a viable financial source. Most borrowers prefer to apply for credit union loans because they …

There are many reasons why an individual would want a personal loan or even need to apply for one in certain scenarios. Moreover, when the whole world is facing a global pandemic that tests your emotional and financial capacity to the core, the dire need for a personal loan could arise anytime. Personal loans are …

For time immemorial, we have been taught to go out of our way to help out family and friends. A modern way of helping the family in need is to be their guarantor. But with the emotions and ingrained traits, we often fail to understand the responsibilities that come with being a guarantor. It is …

Already slogging under the sky-high interests and need an immediate cash influx? Budgeting loans might be your saviour! An interest-free budgeting loan helps you deal with an unexpected cash emergency while you are already low on funds. How Do Budgeting Loans Work? A budgeting loan is like an extra top-up while you are already deriving …

The primary thing that scares students the most is the thought of not being able to clear off their student loan debt. This is a legitimate concern considering the soaring university costs and variable interest rates. Most students who end up in a financial pit tend to do so due to poor planning. However, with …

Owning a home in India in the 21st Century with skyrocketing real estate prices isn’t an easy deal. Especially if you’re buying a property for the first time, you’ll need to be equipped with the knowledge of how a housing loan works in the present scenario. A housing loan is a financial advance that can …

Documents Required for Central Bank of India Home Loan : CBI(Central Bank of India) is undoubtedly one of the best banks in India. It offers a various types of Home Loans to its customers. By taking a home loan from Central Bank of India, you can easily pay the loan amount through easy EMIs. If you are looking to apply for …