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What is a Loan Prepayment Penalty?

A prepayment penalty, also known as an early payoff penalty, is a fee you will have to pay if you pay back your loan ahead of the predetermined schedule.

5 years agoRead More
What Is a Loan Origination Fee? How to pay less on Home Loan?

While buying a home, it is easy to notice that there are many forms of costs that become a part of the entire process.

5 years agoRead More
Credit Card Cash Withdrawal

A credit card allows you to borrow money to buy things. However, there is a cost involved in borrowing that money—credit cards and personal loans attract some of the highest interest rates in India, but there can also be a benefit to using credit cards.

5 years agoRead More
What are your rights if you cannot repay a loan?

In the modern and urban lifestyle of today, it’s impossible to handle all of one’s financial requirements without resorting to loans.

5 years agoRead More
What happens when I miss or delay my credit card payments?

Do you use a credit card regularly for your day-to-day expenses and other purchases online and offline? Then, you’re probably accustomed to paying your credit card bills month in and month out.

5 years agoRead More
Voluntary Surrender vs. Repossession: Which is the Better Option when you’re Unable to repay your Car Loan?

Are you finding it increasingly difficult to repay your car loan EMIs on time? Life is unpredictable and there are plenty of situations that can lead one to a financial crisis.

5 years agoRead More
Urgent Cash Loans for Unemployed in India

Availing a personal loan is easy if there is a steady source of income for the applicant. This is one of the most important decisive factors since a loan can be repaid only when there is a steady source of income with the applicant.

5 years agoRead More
The Impact of Debt-to-Income Ratio on Home Mortgages

You have a stable income, pay your credit card bills and loan EMIs on time, and boast a good enough credit score.

5 years agoRead More
Types of Unsecured Business Loans

The growth of a business is hugely dependent on the continuous flow of funds and that may be required to fulfil an order, purchase equipment, expand the business, pay to the workforce, etc.

5 years agoRead More
5 Types of Fixed Deposit Schemes from SBI besides Regular FD

Fixed Deposits are one of the safest investments to grow your wealth. They are secure financial instruments that offer guaranteed returns.

5 years agoRead More
Types of Education Loans Available in India

Parents strive to provide quality education to their children as it is deemed essential for a successful life.

5 years agoRead More
Top 7 Banks that Offer Easy Loans to Farmers

India is an agrarian society. A vast section of our economy depends on agriculture and allied industries.

5 years agoRead More
The Pros and Cons of Having a Business Debit Card

One of the focus points of every small business owner is looking into the details of money, including budgeting, managing cash flow, and controlling access to it.

5 years agoRead More
The Impact of Requesting Lower Credit Limits

There are a lot of factors that go into calculating a credit score. Following are some of the factors that affect your credit score:

5 years agoRead More
The Impact of a Voluntary Vehicle Surrender

Are you finding it difficult to pay your car loan EMIs on time? With a looming economic crisis, a large percentage of car owners are finding it increasingly challenging to pay car loan EMIs on time.

5 years agoRead More
Secured vs. Unsecured Lines of Credit

A line of credit (LOC) is an open-ended loan which can have multiple uses. It is a kind of revolving loan that is somewhat similar to a credit card.

5 years agoRead More
Loan vs. Line of Credit What's the Difference?

Loans and lines of credit allow consumers and businesses to borrow money for making purchases or incurring expenses.

5 years agoRead More
How to Choose the Right Business Credit Card

The market is flooded with different credit card options and each one is designed to serve you in a different way.

5 years agoRead More
What is Debt-to-Income Ratio and how does it Impact your Home Loan Eligibility?

You are looking to purchase your dream home. After rounds of selection, you have finally found the ideal place that ticks all the requirements of your dream home.

5 years agoRead More
SMB, SME – What's the difference and why does it matter?

SMB, SME are acronyms that explain the size of companies and most small businesses fall into either of these categories.

5 years agoRead More
Prepayment Penalty: What Happens If You Pay Off Your Loan Early?

An old adage says don't borrow more than you can repay. In other words, one should borrow as little as possible and repay as quickly as possible.

5 years agoRead More
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Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

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