The COVID-19 pandemic has some worse ever influences on every segment of our socio-economic system. The banking sector in India is currently going through terrible stress due to the loan moratorium imposed by the Government. Many have even raised the issue of uncertainty furnishing toward any losses due to the pandemic. At present, the loan … Continue reading “Centre Considering Loan Extension Term Until December Due to COVID-19 Adverse Impact”
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Short term loans are referred to loans that are specifically provided for a short tenure of less than one year. A short term loan is obtained to support a temporary personal or business capital need. A short term loan is a type of credit and it involves a borrowed capital amount and interest that needs … Continue reading “A Brief on the Demanding Short Term Loan”
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We all might have limited cash in hand at some point of time and prefer to take loan for some reason but while choosing to take personal loans we also have to pay higher rate of interest as well which makes the situation more tensed. Alternatively they can use their fixed deposit to obtain loan … Continue reading “Is Loan Against FD Better than a Personal Loan”
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Availing Loans are an unavoidable mechanism for meeting different funding needs arising in every person’s life at different intervals. It is beneficial if managed in the right manner but it can prove to be a big burden if not managed properly. Every loan attract interest that needs smart planning. Consider what is debt counselling? Debt … Continue reading “Consider Debt Counselling to Manage Your Big Loans Smartly”
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The Reserve Bank of India (RBI) has asked all the Commercial Banks (excluding Regional Rural Banks), Local Area Banks, and Small Finance Banks to link interest rates of all different loans such as retail loans, home loans, offered by them, to an external benchmark effective October 1, 2019. In line with RBI’ decision, mostly all … Continue reading “A Brief on Top 10 Bank Home Loan Interest Rates”
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