Personal loan: If you have a domestic or overseas travel lined up and are short of funds – you may have a temptation to take out a personal loan for the same. Although fundamentally it is not a complete no-no, it is subject to some checks and balances. Let us understand more on this. Suppose you have … Read more
Personal loan: If you are planning to raise a personal loan, it is vital to note that it usually has a fixed interest rate, which means the monthly instalment at which you start paying at the start of the loan will continue till the end of the loan. However, there are three variables on which … Read more
If you are planning to raise a personal loan, remember that there are certain reasons for which it is not unreasonable to take a loan. For instance, when there is an emergency at home or a wedding. Additionally, there are some people who do not refrain from taking a loan for going on a vacation as … Read more
With more and more Indians turning to personal loans to bridge their financial shortcomings, there is a need to clearly understand the costs incurred while opting for these personal loan products. While can prove to be of invaluable help during a time of need, these often come with certain complicated fees that collectively make the … Read more
Have you recently received a lumpsum payment in the form of an annual bonus from the employer, variable pay, maturity amount from an investment, etc? Are you thinking of using it to close your personal loan? In this article, we will discuss what personal loan pre-closure is, its types, its benefits, and what factors you … Read more
Personal loans remain a popular tool for Indians to get money in a hurry for a variety of purposes, from medical emergencies to renovating homes. With several banks and financial institutions fighting with one another, it is necessary for an individual to be aware of the prevailing situation of interest rates and terms of lending … Read more