The FinTech Hub
Source: Live Mint Personal loans have become a popular tool for individuals in India to manage financial challenges such as medical issues, home renovation, travelling expenses, etc. However, securing the best interest rates is crucial to maximise savings. Let us discuss some basic fundamentals to help you secure the best possible personal loan interest rates…
Source: Live Mint When you take a personal loan, choosing the right tenure is important. If you choose a higher tenure than required, you will end up paying more interest. If you choose a lower tenure than required, the higher EMI may disturb your monthly budget and strain your cash flows. In this article, we…
Source: Live Mint Loan repayment is one of the many aspects affected by inflation. It affects purchasing power of money, interest rates and overall cost of borrowing. For borrowers, inflation can have both positive and negative consequences, depending on factors such as the type of loan, interest rate structure, and economic conditions. Understanding inflation and…
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 Buying a home is one of the crucial decisions of life, and it requires years of planning and investment. While many rely on investments to buy their dream home, others borrow money from lenders to fund the purchase of their new house. A home loan is a significant liability, and knowledge of…
Source: Live Mint Life often presents us with unforeseen expenses includeasily available to people. These loans can be used for different purposes,ing medical bills, home repairs, or the chance to go on that long-desired vacation. In these circumstances, personal loans can be a practical choice. They provide a fast and adaptable solution for different financial…
Source: Live Mint Personal loan loans are flexible financial options that can be availed in pursuit of different goals of life such as paying an emergency medical bill, funding home improvements or realising that special dream vacation. Before getting into the world of personal loans, however, one needs to get a gist of the basics….
Source: Live Mint When you want to raise a personal loan for an immediate need, there are a number of banks and non-banking financial institutions (NBFC) which you can approach. But have you ever wondered what the monthly instalment will be that you need to pay to service the loan? For this, you need to…
Source: Live Mint When you apply for a personal loan, you need to consider several factors, including comparing the interest rates and processing charges of different banks and, importantly, computing the monthly instalment using a personal loan EMI calculator. The three factors mentioned above can help you land the best deal as you raise a…
