SLR stands for Statutory Liquidity Ratio, which refers to the minimum percentage of deposits that a commercial bank is required to keep in the form of gold, cash, and other approved securities. These deposits are held by the bank, and…
Can I get a loan for myself, even if I already have a loan for my education? Yes, it is possible to obtain a personal loan while you have an education loan. However, the approval of the loan will depend…
A personal loan is a lump-sum financial product that is typically unsecured, providing individuals with funds for specific needs like debt consolidation. Repayment occurs in fixed monthly instalments over a set period, with interest rates that are either fixed or…
Foreclosure of loan, also known as loan closure refers to the process in which a borrower pays off their loan before the designated tenure. Loan foreclosure is a simple way in which the borrower can repay the entire outstanding amount,…
A personal loan balance transfer is a legal financial method that one can use to reduce the overall interest rates. This method is for those who wish to choose more affordable interest rates, wherein one can balance transfer personal loans…
In a financially dynamic world, personal loans offer a swift and uncomplicated solution for those seeking funds. This post emphasizes the importance of understanding loan tenure and exploring its impact on monthly payments, interest costs, and overall financial health. Discover…
In today’s fast-paced world, unexpected money problems can happen when you’re least prepared. Whether it’s a sudden medical bill, an urgent repair, or any surprise expense. Small cash loans are a kind of personal loan provided by banks and NBFCs…
In today’s world, desires and needs seem endless, often hindered only by financial constraints. During such moments, loans come to our rescue as they play a pivotal role in managing our finances effectively. Loans have become a really important part…
In today’s fast-paced world, financial needs can arise unexpectedly, making us look for fast and flexible solutions. It is at times like these that we might think about getting a quick personal loan, as it can prove to be a…