The FinTech Hub
Source: Live Mint A large number of individuals require car loans when they want to buy vehicles because buying a car means big financial commitments. Your credit score throughout the loan period will lead to preferred loan conditions that will decrease your interest rates while reducing your costs by hundreds of dollars. Steps to improve…
Source: Live Mint Are you facing a financial crisis and contemplating borrowing money from a bank as of now? Among several options, loan applicants can apply for what is known as a personal loan. For the unversed, personal loan is a form of borrowing which enables applicants to use money for a range of activities which…
Source: Live Mint I am planning to buy a home and will be taking a loan to finance my purchase. While exploring my options, I came across loan protection insurance. I want to understand whether it is necessary and how it can benefit me. – Name withheld on request Buying a home or car is…
Source: Live Mint With the popularity of used cars in India, a lot of opportunities are waiting to be financed. A pre-owned car loan is simply to provide financial support and fund individuals purchasing second hand vehicles. Below is the complete overview of what pre-owned car loans are and how to apply for them. What…
Source: Live Mint I am planning to buy a car worth ₹7 lakh and am considering taking a vehicle loan. I’m evaluating a 3-year versus a 6-year loan tenure. While I can afford a higher EMI, I’m unsure whether opting for a shorter tenure is the right financial decision. What key factors should I consider…
Source: Live Mint As the Indian economy evolves and moves towards becoming the third largest in the world after the US and China so are the aspirations and wishes of Indian youth. Having a car hence is now more than a status symbol. It adds convenience and elevates one’s lifestyle. In this ever evolving growth…
Source: Live Mint Early this year, the Reserve Bank of India (RBI) is expected to cut down benchmark interest rates (or repo rate). This is also known as repurchase rate i.e., the rate at which the RBI lends money to commercial banks in exchange for government securities. The current repo rate is 6.5 percent. The…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 10:41 PM IST Footfall, enquiries, and bookings at car dealerships are rising, driven by attractive offers and promotions. These special deals typically start in October and run until the New Year. “Many companies pay Diwali bonuses to employees, boosting purchasing…
Source: Business Standard A car loan will help you in financial planning. (File photo) 1 min read Last Updated : Sep 05 2024 | 4:31 PM IST If you plan purchasing a new car, consider this table from Paisabazaar.com. It has key details on loans such as interest rates, EMI options, and processing fees…
