Finance

Buying a new home before you sell your current one can be a bit tricky, especially if you do not have the funds for it. Buyers typically take out a bridge loan so they can buy another home before...

According to June 2019 reports by RBI, financial institutions involved in the Indian market recorded around Rs.22.5 lakh crore in personal credit advances. Of this, more than half of the credit advances were in the home loan sector. The...

In February 2019, the Reserve Bank of India (RBI) has cut the policy rate after almost 18 months. It has been cut by 25 bps. This is good news for borrowers, especially for the people who are looking for...

In today’s times, it is essential for young adults to keep their finances in order and plan their savings and expenses smartly. One of the key steps to better financial management is to save strategically. First of all, you...

Loan against property is one of the fastest-growing segments in terms of long-term credits in the Indian financial market. The growth figure pegged at 33% and is expected to surge even higher in the coming years. Such a rise in...

Reverse mortgage loan came into effect from 2017 to improve the financial condition of the senior citizens. With the loan amount senior citizens can meet regular expenses such as medicine, food, etc. Such loans allow individuals to withdraw funds...

Are you looking to own a used car and sort out your travel woes? If you are short of some money while doing that, then you can easily avail the facility of used car loans. If you want to know...

Over the years, micro, small and medium enterprises in India have proved their resilience against a global economic slump. Currently, the nation houses 63.38 million companies, making India the 2nd largest MSME base in the world after China. It...

With home loans being one of the financial products of very high value, financial institutions look deeply into an applicant before approval. Similarly, the home loan interest rate is also greatly dependent on the financial condition of the applicant,...