By the end of February 2020, personal loans grew by 20% YoY and now hold 8% of the entire loan book of financial institutions. Consequently, it is anticipated that a significant number of individuals will be encouraged to avail of such loans and meet their requirements accordingly. Though the slashed rate of interest may tempt … Read more
Loan against property also called a mortgage loan, is used to borrow funds by keeping your already owned property as collateral. Depending on the lender, you can avail of up to 90% of your property’s market value. The benefit here is that you can use the money for any purpose. So unlike other loans, you … Read more
Meeting the sudden financial requirements can be a challenging task, especially during these times of the pandemic. Personal loans help during such instances, and the process is also seamless and swift. Personal loans are suitable for various reasons, and some of them are mentioned below. What is a personal loan? Personal loans can be availed … Read more
According to a recent survey, India’s current wedding market is valued at $50 million and is expected to grow rapidly. The data is not surprising, considering that Indian weddings are quite extravagant. Subsequently, a dream wedding can incur considerable expenses which can be financially straining. In such a situation, instead of depleting your savings, you … Read more