Currently, many banks offer loans based on credit cards with various interest rates. Credit card-based loans are very similar to personal loans. Obtaining loans based on credit cards has become increasingly convenient in today’s financial landscape. Many banks now offer these loans with various interest rates, making them easily accessible to those in need. However, … Read more
Improving your CIBIL score is essential for obtaining loans and credit cards at favorable terms. Your CIBIL score is a three-digit number that ranges from 300 to 900, with 900 being the highest. A high CIBIL score indicates creditworthiness and financial responsibility, making it crucial to maintain a good score. Banks and non-banking financial institutions … Read more
Many people consider taking out a home loan or investing in a Systematic Investment Plan (SIP) when buying a new home. Both options have pros and cons, and understanding them is crucial to making an informed decision. Twenty-five years EMI or Ten years investment: Which is the closest way to owning a Rs 80 lakh … Read more
In 2024, the LIC Personal Loan is a versatile financial solution designed to meet various personal financial needs, from emergency medical expenses to home renovations. As one of India’s most trusted financial institutions, the Life Insurance Corporation of India (LIC) offers this loan with attractive terms for its policyholders. Why Choose LIC Personal Loan 2024? … Read more
In today’s fast-paced world, owning a home remains a cherished dream for many. The LIC Home Loan 2024 is designed to help you achieve this dream quickly and affordably. Whether you’re a first-time homebuyer or looking to upgrade your existing home, LIC Housing Finance Limited (LICHFL) offers a range of home loan options tailored to … Read more
When considering borrowing against gold, taking certain precautions and understanding the critical aspects of gold loans is crucial. Please do so to avoid financial loss. Here are some essential things to consider: Banks are often the first place people turn to when they urgently need a large sum of money. While borrowing from external sources … Read more
The central government provides various schemes to benefit people from different communities, offering small savings schemes, pension schemes, and loan opportunities. One such scheme is the PM Mudra Yojana, which allows individuals to obtain loans of up to Rs. 20 lakhs without requiring any surety. The PMMY scheme, introduced by the government led by Prime … Read more
Great news for women and those in DWCRA communities! The TDP coalition government plans to increase the loan limit for members of Self-Help Societies, which will provide relief to many people. In Srikakulam district, over 5.5 lakh individuals stand to benefit from the increased credit limit for women’s funds, which will rise from Rs. 10 … Read more
The central government implements the PMEGP scheme to improve self-employment opportunities for manual workers and unemployed youth. This scheme provides loans from Rs.5 lakh to Rs.25 lakh with a 15-35% subsidy for self-employment in manufacturing, services, or business sectors. Prime Minister’s Employment Generation Program (PMEGP) is a scheme the Central Government offers. Banks provide subsidized … Read more
Are you considering taking a bank loan to buy your dream home or spruce up your current one? Well, this August, the State Bank of India has some exciting news for you: they’re offering home loans at super low interest rates, which are way lower than what other banks are offering. So, if you’re considering … Read more