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Capital First is an NBFC (Non-Banking Financial Company) that is in the consumer and corporate businesses.  You can avail of a variety of loans under its retail lending portfolio, including a personal loan.Am I eligible for a personal loan from Capital First? If you have already availed of a consumer durable loan or a two-wheeler loan from Capital First, then you may be

You might think that you have the model application to get a loan – no prior history of taking a loan, no credit issues with a loan or credit card, no credit cards ( or maybe one at most). In effect, you have a perfect debt-free record.However, lenders do not see a credit-free past in the same way. They want a substantial credit record comprising of multiple loans or credit cards over a long time span to check if you have demonstrated responsible repayment behaviour in the past

If you are based in Chennai and looking for a business loan, 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.How do I apply for a business loan when located in Chennai?First, you should research the various business

Being an entrepreneur can be a very exciting business! The satisfaction of creating a new business from scratch and making it grow is a unique experience, both exhilarating and frustrating in equal measure.  As always, money plays an important part in converting dreams into reality and a business loan is probably one of the simplest and most effective ways to fund your independent venture.What is a business loan?A business loan is a simple way of raisin

Buying a vehicle, and getting an auto loan to facilitate the purchase, can be the first significant financial commitment that many people make.  It can be exciting to have your own transport and be liberated from crowded trains and buses, waiting times, and unpredictable schedules!  Buying your own vehicle can give you an exhilarating sense of freedom but is also accompanied by some natural concerns for a first time buyer – how to find the best

All around you you see advertisements for the latest and smartest smartphones available and you might have set your heart on a particular model but do not have ready cash to pay for it. Or maybe you are looking to upgrade your current smartphone but don’t know quite how to get a ‘mobile loan’ to cover the cost?  You could apply for a consumer durable loan from Bajaj Finance and be the happy owner of a smartphone.What is the amount and tenure on a &lsquo

Are you nervous about being a first-time home buyer? Moreover, are you planning to apply for a home loan but are worried about your credit record? A home loan is a significant financial commitment on the part of the customer and a significant long -term investment by the lender. Having bad credit is a big barrier in the way of being approved for a loan and it is wise to take steps to improve your credit record right away. Is it possible for a first-time buyer to get a loan wit

Buying an automobile - whether a new or used car or even a two-wheeler - can be quite a drain on your wallet. An auto loan is probably the best way to finance your vehicle so long as you research for the loan that best suits your needs including the interest rate offered, loan period (tenure) and the various other terms and conditions.What are the interest rates on an automobile loan? Unlike home loans, automobile loans have

A credit card is one of the easiest and most convenient ways to pay for your purchases. You can buy anything from a gold necklace to groceries on your credit card and pay for it by borrowing the money from the credit card issuer. It is a fairly simple and straightforward process to apply for a new credit card. If you use your card responsibly, it could be one of the safest and most convenient methods to pay for your purchases.How do I apply for a new credit card?

Yes Bank offers an interest rate of 6% per annum for savings bank accounts with balances of less than Rs 1 crore with effect from November 2015.  The rate is subject to change at any time.Yes Bank Interest rate on savings account Yes Bank currently offers an interest rate of 6% p.a. on savings bank accounts which is higher than most other banks. Earlier, the RBI had laid down a uniform interest rate on savings accounts for all banks which meant tha

If you already have one or more personal credit cards, you might wonder why you need a business credit card as well. Whether you are a proprietor or even a freelance professional, there are several advantages to getting a business credit card. Many small businesses use the card as a means of financing but there are other reasons as well as to why it might be a good idea. Higher credit limit on a business card Since a business card has a higher limit than an re

The PPF (Public Provident Fund) scheme is one of the most popular investment schemes among Indians. The various benefits – tax-saving, guaranteed returns, safety make it the number one choice for millions of investors.

There is no way to determine the ‘best’ health insurance company operating in India today. The best company is the one that provides the policy that suits your requirements and fulfills your health insurance needs with a price and service quality that you are satisfied with. There are several insurance companies that offer good health insurance plans and it is important to do the res

Motor insurance is the insurance policy for vehicles.  It could include Car Insurance and Two-Wheeler Insurance. Vehicles that are used for commercial purposes, like buses and trucks, are covered by Commercial Vehicle Insurance.Motor insurance is mandatory in India. It is compulsory to buy auto insurance when you purchase a vehicle.What is covered in a motor insurance policy? When you purchase motor insurance, the policy will typically provide

Max Life Insurance is a life insurance provider. It is a joint venture between Max Financial Services (which is part of the Max Group, a large, multi-business Indian corporate), and Mitsui Sumitomo Insurance Company which is one of the leading general insurers globally. Max Financial Services owns and manages a little more than 72% of Max Life Insurance Company Limited. Products offered by Max Life Insurance Max Life insurance focuses exclusively on pr

ICICI Prudential Life Insurance is a joint venture between ICICI Bank and Prudential PLC, a leading British financial services company. It was the first private sector life insurance company to begin operations in India in 2000 after approval by the Insurance Regulatory Development Authority of India, and it remains one of the leading life insurance companies in the country.  ICICI Prudential Life Insurance plans ICICI Prudential has a range of plans to s

A Platinum card is a credit card which, as its name suggests, is a card with more prestige and benefits than a gold or regular credit card. Credit cards follow the same logic as the valuing of precious metals! Just like a platinum ring is more valuable than a gold ring, the platinum card enjoys higher status than a gold card.  A Platinum card offers several tangible benefits when compared to other regular credit cards, and is a

A Kisan Credit Card (KCC) is a credit delivery mechanism that is aimed at enabling farmers to have quick and timely access to affordable credit. It was launched in 1998 by the Reserve Bank of India and NABARD. The scheme aims to reduce farmer dependence on the informal banking sector for credit – which can be very expensive and suck them into a debt spiral. The card is offered by cooperative banks, regional rural banks and public sector banks. Based on a review of the working of the KCC

If you are looking for a loan for apartment purchase, there is a vast array of home loan options available on the market. A home loan is a loan for buying any residential property – whether an independent house or an apartment/flat.  Here are some tips on how to successfully apply for a loan for an apartment.Tips for applying for loans for apartment purchaseLenders look at several factors

Punjab National Bank (PNB) currently offers an interest rate of 4% per annum for savings bank accounts.  The rate is subject to change at any time.PNB Interest rate on savings accountMost banks, including PNB, offer an interest rate of 4% p.a. on savings bank accounts. Earlier, the RBI had laid down a uniform interest rate on savings accounts for all banks which meant that there was no difference in the amount you earned as interest, regardless of which

IDBI Bank currently offers an interest rate of 4% per annum for savings bank accounts.  The rate is subject to change at any time.IDBI Bank Interest rate on savings accountMost banks, including IDBI Bank, offer an interest rate of 4% p.a. on savings bank accounts. Earlier, the RBI had laid down a uniform interest rate on savings accounts for all banks which meant that there was no difference in the amount you earned as interest, regardless of which bank