Loans

7 Tips to Keep in Mind while Shopping for Loans It can be quite a nerve-wracking experience to apply for your first loan. Interest rates, repayment terms, preclosure charges, tenure, amount, amortization table – the terms can be new and unfamiliar. Not to worry. Here are some tips to keep in mind when you think of applying for a loan. There is a loan for every need in the market. For instance, you might be facing a medical emergency and might require a personal

Loans for Buying Mobile Phones The market is flooded with newer, smarter, faster mobile phones. The phone you bought last month might already seem to be outdated, with the sheer number of mobile phones being introduced every day. Who wouldn’t want a brand-new phone to keep in touch with their loved one, stay tuned to the latest happenings, and keep oneself digitally updated? Maybe you’ve decided it’s time to upgrade your old phone! There is a

How to Buy an iPhone 7 on EMIs without a Credit Card

If there is one smartphone that has a cult following and never goes out of trend, then it's undoubtedly, the ever-popular iPhone. Every time a new iPhone hits the market, both fans and speculators go crazy over the features, style, and charisma of the brand and its models.

Who doesn’t want to be the owner of a brand-new iPhone? With the benefits it has on offer, it can be a hard phone to resist. But is the price tag of an iPhone turning you down? Well, now there is no need to wait to buy your favorite iPhone, with an easy consumer durable loan from Bajaj Finance. You don’t need a credit card; you don’t even need to wait for months saving every bit of penny you have got.Getting a credit card might be difficult—you need to satisfy

Today, most commercial banks in India offer credit cards for their customers. Yet, the Indian market has been primarily a debit-card based one. Even today, a significant percentage of the population do not own or do not use a credit card.

How To Manage Your Finances This DiwaliCome Diwali time and it’s difficult to fight the temptation to shop like there is no tomorrow. Decorating the home, organising get togethers, shopping till you are dropping, and a lot of catching up with your loved ones sums up the essence of the Diwali season.It is also that time of the year when you are seduced  into buying things - that you might not really want - at 'mega bumper sales'. Your expenses can

Gift yourself an iPhone this Diwali It’s that time of the year again - festive lights, parties, visiting friends, family and neighbours and fun times with your near and dear ones. It’s Diwali time! Everywhere you turn, it’s the season for shopping and making a new start! Advertisements for gadgets of every kind bombard you from every direction, while retailers try and entice you with attractive offers that are hard to resist. So, getting into

Your brother is getting married and you want some money to help with the marriage expenses. A personal loan seems the best bet but...you do not have a very good credit score. What can you do? Having a bad credit score can be a nightmare for individuals trying to apply for any kind of loan, and especially a personal loan. There is a high chance of rejection when you have bad credit.Why is a credit score so important for a personal loan approval?A

Do you own a property and need money? A mortgage loan is a relatively cheap and efficient way of raising funds. Quite simply, instead of selling your property to raise money, you can leverage it as collateral to get a loan. In India, the bank or NBFC (Non-Banking Financial Company) holds your property as security until you repay the loan, after which you get back your property. If you fail to repay the loan, the lender can dispose of it to recover the unpaid dues.What is a mo

If you own a property which has a clear deed, free from any legal or financial encumbrances, then it could well be the magic key to unlock your dreams! Few people realize the potential of their existing property as a valuable and untapped source of funds. You do not need to sell your property to gain access to money, and you can get the loan amount at a relatively reasonable interest rate (compared to a personal loan.) A mortgage loan could be your answer to funding your child’s

There is always a situation in life when you need an extra injection of funds – it could be for educational expenses, medical expenses, marriage expenses or even business reasons. If you have a property in your name, then you can unlock its potential by availing an HDFC Mortgage Loan. A mortgage loan allows you to retain your property while availing of a loan at a reasonable rate of interest.Features of HDFC Bank Mortgage Loan:• Higher loan amount

Life throws various situations at you, where you need some financial help from external sources. The advantage of a mortgage loan is that it helps you use an asset you already own to raise funds – and at a cheaper cost than getting a personal loan. Going abroad for higher education and need help? Have a medical emergency, and don’t know how to finance it? Or identified your dream home and need funds to buy it? A mortgage loan from Canara Bank lets you discover the power of your pr

Starting a new business but short of funds? Want to buy a plot of land but are short of resources? Want to finance your child’s dream to study overseas? Want to remodel your home, to make it the perfect living space? All this is possible with a mortgage loan – it utilizes an existing asset and gives you loans at a lower rate than some other consumer loans. You can unlock the potential of your property with this multi-purpose loan from Axis Bank.Features of Axis Ba

Buying or building your own home is the ultimate step to being financially ‘settled’ in many countries, including India. While it is a dream for many millions, most do not have the financial wherewithal to buy or own a home on their own. Banks and other lenders have come up with affordable home loan options in order to make this dream into a reality!Am I Eligible? In order to be eligible for a home loan, you need to be• A salaried e

If you dream of owning your own home but wonder if you will be able to ever afford it – worry not! The overwhelming majority of home owners need that extra support of a home loan from to help them fulfill their dream. Owning a home is the ultimate dream of almost everyone and very few have the financial means to achieve it. That is where a home loan can help you.The market is flooded with innumerable home loan offers and it is easy to get confused about which product is the bes

If you own a property and are in need of funds, a mortgage loan is a simple and relatively inexpensive way to raise money.  People often view a property as being of value only in bringing in rental income or selling at an appreciated price. It is often overlooked as an asset when raising funds for business or personal expenses. If you are in need of substantial funds, you can unlock the dormant potential of your property and raise funds at a relatively lower interest rates than a

Would you love to have a big fat Indian wedding but are wondering where to get the money from? Most people look forward to being able to celebrate their wedding or their children’s marriage in lavish style but, as always, the biggest question is where to find funds to cover the enormous marriage expenses. If you are sure you want to take a loan to celebrate the wedding, then a personal loan is the best option as it gives you the freedom to spend on anything you want, does not require a

Need money to pay for emergency medical expenses? Or to buy a two-wheeler? Or maybe to finally own a home? There is a bank loan for all these situations – and more. Before you apply for a loan, you need to be clear about what type of bank loan you need so you can apply for the right one. How can I qualify for a bank loan? Credit score: Your loan- eligibility depends on the

Celebrating a child’s marriage is one of the most important occasions in any parent’s life – and in India, this most joyous of occasions involve expenses on an equally grand scale. Few people have ready cash to fund expenditure of such a magnitude – which is why many parents and couples look for suitable ‘wedding loans’ that can help them tide over this huge cash outflow. While there is no specific product known as wedding loans, you can take a pers

If you are based in Chennai and looking for  ‘marriage loans’ that will help you cover the enormous expenses associated with a wedding, the internet can bring the best loan offers from around the country to your doorstep. You need not limit yourself to a local lender – every major bank and NBFC has a branch presence in the city and you can choose which offer best suits your requirements. Celebrating a child’s wedding is one of the most important occasions