The FinTech Hub
Source: Live Mint Do you have an offer to port your current personal loan from one bank to another? If yes, it is vital that you do your calculation incisively and take a well-deliberated decision after factoring in all the costs such as the processing fee and total savings which accrue on account of porting. Let us…
Source: Live Mint If you are planning to raise a personal loan, you may use a personal loan EMI calculator to ascertain the exact EMI you stand to pay across different interest rates. If you are short on money and do not have many options, it is advisable to check your personal loan eligibility. Typically,…
Source: Live Mint Personal loans can be a panacea for a number of financial crises. Whether it is an emergency or a wedding, be it a renovation at home or the urgency to buy a luxury item for your loved one – one can raise a personal loan from a bank or a financial institution to…
Source: Live Mint If you are planning to take a personal loan and still not sure about the optimum tenure and the EMI that you should opt for – it is recommended to fiddle with the personal loan EMI calculator. It is an easy-to-use tool which shows the exact amount that you need to shell out every…
Source: Live Mint Instant personal loans are a popular choice for people looking for instant cash to cover their expenses. These types of personal loans are offered by NBFCs, banks and online lenders providing a quick loan disbursement, digital KYC and online application process so that you can have a smooth and fast access to…
Source: Live Mint Personal loans are one of the most convenient tools to access emergency funds. They are mostly preferred by those who want funds immediately without providing collateral. When compared to a personal loan, an instant personal loan is an unsecured loan that provides quick access to funds. It is provided by lenders with…
Source: Live Mint When you raise a personal loan, the first thing you want to do is to find out your equated monthly instalment or EMI. This can be computed with the help of a personal loan EMI calculator. Let us understand how this works. An EMI calculator ascertains the monthly instalment on the basis…
Source: Live Mint If you have been scouting for a personal loan and have already received a few offers from different banks, it is recommended that you compare the impact of the difference in interest rates on your EMIs. Let us examine this in detail For instance, one bank offers a ₹10 lakh loan at…
Source: Live Mint If you are planning to raise a personal loan for any amount then remember that your equated monthly instalment (or EMI) is contingent on two factors i.e., time duration and rate of interest. Among these two factors, amount of EMI is directly proportional to the rate of interest that the bank charges,…
Source: Live Mint If you are planning to raise a personal loan, it is vital to ensure your finances are in order. For that, you are supposed to keep your monthly debt obligation within your budget. A slightly lower interest rate can bring down your EMI considerably. Alternatively, if you borrow a lower amount, your…
