The FinTech Hub
Source: Live Mint Big decisions in life, like moving to a house, buying a car, or starting your own business, are not easy and require careful planning and investment. In times when we run out of funds to make these decisions, there is always an option to access credit via tools like personal loans. This…
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 are in need of money, what can you do? Borrow from someone or approach a bank or a financial institution. Among various types of loans, one can seek a personal loan from a bank or a financial institution. For the uninitiated, a personal loan is an unsecured loan that borrowers…
Source: Live Mint If you want to take a personal loan but are not employed currently, then you do not need to fret. Most banks offer loans even to the self-employed persons so long as they fulfill other conditions. For the unversed, a personal loan is an unsecured loan given by banks to borrowers for a range…
Source: Live Mint Financial emergencies—such as unexpected job loss, urgent travel needs, or critical household repairs—can quickly deplete your savings and investments, especially if you lack a contingency fund. When you find yourself in a situation where your emergency fund falls short, a personal loan may be a viable solution. With their easy availability and…
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…
Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 5:54 PM IST Gross non-performing assets ratio for the banking system is set to improve to a decadal best of 2.5 per cent in 2024-25, domestic rating agency Crisil said on Tuesday. It, however, flagged concerns around unsecured exposures like…
Source: Live Mint Certain life situations, such as employment gaps or emergencies like the COVID-19 pandemic, can create significant financial stress. This can be especially challenging for those motivated to pursue new ventures, such as starting a filmmaking project, only to be held back by financial concerns. Unexpected expenses can further complicate matters. When considering…
Source: Live Mint Your time is invaluable, and calculating your personal loan’s EMI shouldn’t consume it. Say goodbye to lengthy calculations and embrace the convenience of an EMI calculator. But what exactly is an EMI calculator? It’s an online tool designed to help you calculate your Equated Monthly Instalment (EMI) quickly and accurately. How does…
Source: Live Mint Financial constraints are a reality for many at some point in their lives. In challenging times, taking out a loan can provide temporary relief. However, this can sometimes lead to a more significant problem known as a debt trap. What is a debt trap? A debt trap occurs when you take on…
