In the world of financial planning and management, taking out a personal loan is a common practice to meet immediate monetary needs. Many individuals opt for personal loans due to their flexible nature and quick disbursal. However, one crucial aspect…
Keeping track of your car loan balance is crucial for effective financial planning, and monitoring your loan status on a regular basis benefits you in the following ways: Effectively plan your EMIs to ensure on-time payments and prevent penalties. Get…
In today’s fast-paced world, accessing financial assistance should be seamless and efficient. Aadhaar card-based KYC has revolutionized personal loan processes in India by enabling instant identity verification and eliminating the cumbersome paperwork traditionally associated with loans. With PayMe, an RBI-registered…
The tax imposed on gains obtained from the sale of a capital asset held for a brief period of time is known as the Short-Term Capital Gains (STCG) Tax. In India, the gain from the sale of an asset is…
Mini loans and small personal loans are financial products designed to provide quick access to funds for urgent needs. They are particularly useful for addressing unexpected expenses, such as medical bills or repairs. With relatively lenient eligibility criteria and numerous…
Understanding the distinction between fixed capital and working capital is essential for a business owner to ensure the smooth running of the business and effective management. These two forms of capital serve two different purposes, but they are interconnected to…
A term loan is a type of financial borrowing where the borrower gets a lump-sum amount and repays it in the form of instalments over a predefined period. These loans are important for small businesses as they provide access to…
Education is the base of progress, and empowering the youth of India with quality higher education is crucial for the country’s growth. However, for many hard-working students, a lack of funds can pose a significant challenge in pursuing higher studies.…
A loan against an LIC policy provides a viable financial solution for policyholders seeking to access funds without liquidating their investments. This secured loan option allows individuals to borrow against the surrender value of their life insurance corporation (LIC) policy,…