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Source: Live Mint Once your credit score rises above 750, many financial benefits open to you by way of lower interest rates on loans and credit cards, better insurance rates, and more access to credit. If you are hovering around 600, this will serve as a good helper guide for achieving your goal. Credit score…
Source: Live Mint The flagship program of the Government of India, Pradhan Mantri Mudra Yojana (PMMY), aims to promote entrepreneurship among micro and small business owners and promote financial inclusion. Let’s look at the features, benefits, and application process of this scheme in more detail. What is Pradhan Mantri Mudra Yojana? MSEs trading, or even…
Source: Live Mint Life is full of surprises, and sometimes you may need cash immediately because of unforeseen costs such as home repairs, medical emergencies, or a possibility. That may come unexpected, so in such cases small cash loans, if guaranteed by an Aadhaar card, would be the only trustworthy financial lifeline. Let’s examine the…
Source: Live Mint If you are planning to take out a personal loan, it is recommended that you compare the interest rates charged by different banks so that you can get the best deal. The interest rate charged by a bank on a personal loan is typically a function of several factors such as the…
Source: Live Mint This kind of idea leads to very crucial discussions in terms of equality and justice regarding the potential stereotypes in gender-based prerequisites for loan criteria in the finance industry. Here we will discuss the various eligibility criteria based on gender and ways to improve your gender-based loan eligibility. Personal loans Personal loans…
Source: Live Mint Are you planning to raise a personal loan and still in a dilemma over which bank to opt for? Loan borrowers typically make a decision based on the rate of interest charged by the bank. So, a loan applicant is likely to choose a bank which charges a lower rate of interest than…
Source: Live Mint In the modern world, taking a personal loan may be the only option to overcome urgent financial obligations. If your credit score is low, then it would be challenging to get approval from conventional lenders like banks or financial institutions. Your credit score primarily defines your loan-eligibility status in India. Scores under…
Source: Live Mint If you are planning to raise a personal loan, it is important for you to know that your credit score should be high. For those who are unaware, credit score is the measure of a borrower’s creditworthiness. Lenders require personal loan applicants to have a good credit score which means the borrower is worthy of…
Source: Live Mint MobiKwik, digital wallet provider, recently announced a strategic partnership with Piramal Capital & Housing Finance (Piramal Finance) to offer personal loans to its customers. As a result of this partnership, MobiKwik customers will be able to raise personal loans directly through the MobiKwik app. One can use a personal loan to meet…
Source: Live Mint The ease of lending based on an Aadhaar makes it easier to get small, personal loans. We have provided instructions on how one can get an ₹2,000 loan that is based on one’s Aadhaar card, combined with its pros and success hints, regardless of whether this is for something urgent or more…
