Loans

Tractor Loan - Purpose of the loanDefinition: Tractor Loans are loans taken out by farmers or businessmen to buy new or pre-owned tractors. Read on to know more!Purpose of the loanWhether you are a farmer or a businessman, you can avail a Tractor loan for agricultural or commercial purposes. If you are a farmer, you must own a minimum of 3 acres of agricultural land (varies from lender to lender).Features of tractor loan•    No secu

Personal loan for travelA personal loan is generally an unsecured loan—meaning no collateral or guarantor is required in order to obtain it. As the name suggests, it is a loan taken by an individual to fund any personal expenses like, for example, a wedding, to remodel the home or even for a luxurious vacation.Many people yearn to travel unknown places and mark the unexplored places in the world. Some travel to experience different cultures, while some travel just to ta

Small Business Loans for WomenThe number of women involved in business activities in India has increased tremendously in the last couple of years. To help women entrepreneurs, government and private sector banks have come up with many schemes that enable women to realize their dreams.  Managing the cash flow in any business is unarguably the most important component. For most small businesses, timely access to credit is the key to keeping the business afloat. But how

Loans for WarehouseA warehouse is typically a large building where raw materials or manufactured goods (for example clothes, automobile parts, etc.) are stored prior to their distribution or sale. A Warehouse loan is given to individuals, Public & private limited concerns, APMCs, dealers, traders, co-operative societies, and joint sector companies in public or private sector for construction and running of warehouse units designed to store agriculture produce and a range of othe

Working Capital LoanA working capital loan, as the name suggests, is taken out by companies to finance their everyday operations. Working capital loans are used for short-term expenses, to cover accounts payable, wages, and other day-to-day expenses. These loans are not used to buy long-term assets or investments.These loans are an excellent way for businesses to focus on their growth and generate more revenue. Over the years, working capital loans have become popular in

Cold Storage LoanCold storage is basically a term which refers to frozen storage facilities, usually used to preserve food -- vegetables, meat -- or used to store pharmaceuticals. Cold storage could be as simple as a small walk-in freezer or it could denote a 200,000-sq. ft. warehouse. It could be a refrigerated mobile trailer or a cargo container to go on ships.Cold storage of perishable produces is important -- as perishability is directly responsible for price fluctuat

Dairy Farm Business LoanAre you looking for funds to fuel your dairy farm business? Opting for a loan to fund your business is better as it is never advisable to break your savings to start a venture. Most often, a budding business man is strapped of funds to start his venture. This is where a Business Loan for a Dairy Farm could help you.Opting for a loan to fund your business is better as it is never advisable to break your savings to start a venture. Most often, a budd

Higher Education Loan50 Lakh rupees. That's how much Venkatesh paid to study from one of the prestigious universities abroad. And that was just the admission and tuition fee. Factor in the expenses for food, accommodation, travel, and other miscellaneous expenses, Venkatesh's entire cost for an MBA of two years came to a grand total of about 1 crore rupees.An increasing number of Indian students are aspiring to pursue higher education abroad, or get into premier unive

Do you have a self-owned residential or commercial property? Are you in need of funds to improve the condition of your property or are facing an emergency? A loan against rent receivable will help you access liquid funds when you need it the most.What is a Loan Against Rent Receivable? This is a loan that you can take against the rental income of your property.Criteria to avail this loanTo be eligible for this loan, you need to meet certain terms and conditi

Collateral Free LoanHave you heard about collateral-free loans? Are you on the lookout for such loans? Wondering what a collateral-free loan is? Then you are in the right place! Read on to know more.What is Collateral?In terms of banking terminology, collateral is an asset that you borrow against. In the event that you do not repay the loan and default, the lender takes possession of the collateral asset. For instance, if you default in case of a mortgage lo

Business Startup LoanAre you looking for funds to fuel your business? The journey of an entrepreneur can be very exciting, with work that could be frustrating and rewarding in equal measure. Business and entrepreneurship are not for everybody. Most often, a budding entrepreneur is strapped of funds to start his venture. This is where a Business Startup Loan could help you.What Is a Business Startup Loan?A

Business Loans for WomenGone are the days when women were considered worthy only of the kitchen and no match for men. Women are creating ripples in the entrepreneurship space and proving beyond doubt that they can handle anything -- in all spheres of life -- including the difficult world of entrepreneurship. Being a woman entrepreneur can be very exciting! The satisfaction of seeing an idea take form and creating a new business from scratch, seeing it grow is a unique e

Medical Equipment LoanAre you a doctor, fresh out of college and looking to open your own clinic? Or are you planning to open your own hospital, in which case you might need to put some medical equipment together? The healthcare industry is growing at a tremendous pace and is expensive. Everything to do with medical industry – from studying to be a doctor, to the equipment that is used to treat patients – is expensive. For example, let's say that you are looking to open a ho

Loan Against Credit Card Interest RateAre you in urgent need of money and thinking of taking a loan against your credit card? Here are some factors to keep in mind when considering that option. Definition: A loan against credit card is a loan that is availed against your credit card limit. It can come in handy when you are in urgent need of funds and require cash immediately. Eligibility: You

Personal Loan for Self EmployedSometimes, all you need is that little something extra to make life easier. In need of funds to fuel your dreams? Or do you require emergency cash to tide over a temporary crisis? Do you require working capital for your business? Or do you simply require the cash to fund your luxury vacation? Whatever your need be, a personal loan could make your life easier.A personal loan is a multi

Secured Loan and Unsecured Loan in India – Key DifferencesOften you might wonder which is better – whether to apply for a secured loan, or an unsecured loan. A secured loan is one where you need to pledge collateral—for example, pledge gold or mortgage your commercial or housing space or your vehicle with the lender—to avail the loan. An unsecured loan is where you do not need to provide any collateral. Gold loans, mortgage loan, car loan, home loan are all exam

Loan Against Fixed DepositA Fixed Deposit (FD) is one of the most popular way of investing money in India. Conservative investors prefer investing in an FD account as it is a safe form of investment that gives fixed assured returns. The idea behind an FD is that you deposit a lump amount with the bank for a certain period and earn interest income on it. Once the term deposit matures, the bank transfers the principal amount along with the interest earned to the acco

Small Business LoansManaging the cash flow is an important component of any business. For most small businesses, timely access to credit is the key to keeping the business afloat. But how do you avail credit when you are already in need of working capital?If you are looking for a small business loan in India, then the internet can bring the best loan offers from around the country to your doorstep. A basic research will yield lots of information on how to get a small bu

3 Month Loans for Bad CreditHaving bad credit can be a nightmare for people wanting to access funds. Are you one among those having a bad credit history? Need access to credit? What do you do if you do not have a good credit score and need urgent cash to tide over a crisis? What's the best deal you can get in a situation like this?For starters, what you require to know is that short-term finance, like 3 months' loans are generally sanctioned at a higher interest rate. I

6 Month Loans for Poor CreditIt can get be difficult to avail a loan with a poor credit rating. Lenders do not want to risk giving loans to customers who already have demonstrated poor credit behavior and might possibly default on EMI payments. However, each lender has a different set of requirements and criteria for sanctioning loans. So, it is possible that even if multiple lenders reject you, you might have a small chance to qualify with a particular lender who has different

What Are Doorstep LoansDoorstep loan is a kind of personal loan that is popular in western countries, though it is yet to be introduced in India. As the name suggests, the cash loan is delivered to your doorstep by an agent. The agent will come around to your place weekly, to collect your loan repayments in cash or cheque. You needn't approach any bank, and the whole process is done at your doorstep. Doorstep loans give customers an opportunity to address their immediate