The FinTech Hub
Source: Live Mint Did you raise a personal loan some time ago only to realise that you don’t need the money anymore, and want to repay now? Well, this is quite a normal thing to do. Just like everything else in life, financial circumstances also keep changing with time. When you believe you have financial bandwidth…
Source: Live Mint Have you ever wondered how a bank approves a personal loan within a few hours, sometimes within minutes, of applying? Is this because the bank knows you personally, or does the lender repose so much faith in you? Well, it could be the case but there is a process that works in…
Source: Live Mint A personal loan can solve a range of money-related problems – at least temporarily. Whether you are facing a need of money for an emergency or some requirement to buy a luxury, a personal loan may come handy. Whether it to organise a wedding, or to buy an expensive gift, it does…
Source: Live Mint Life is unpredictable and financial emergencies tend to appear when they’re least expected. Securing a loan in such situations may not be easy especially if you have a poor credit score. A bad credit score increases the risk for the lenders to provide you with the loan. However, even if you have…
Source: Live Mint Personal loans offer flexible repayment tenures and quick loan disbursement which is a great option if you are looking for urgent funds to cover your sudden expenses for a while. In India, Aadhaar card has proved to be a very important document for availing of financial services. It is a known identity…
Source: Live Mint If you are in need of urgent funds for an emergency, getting a personal loan can be a convenient option. These loans provide you with instant disbursement along with flexible repayment tenures so that you can plan your finances wisely. You can get a loan of ₹5000 through your PAN card in…
Source: Live Mint Did you borrow money from a bank but now realise that you got a rough deal from it? You have realised that there are too many hidden costs or the rate of interest was raised unreasonably soon after? Or is there something else, which the bank has done that violates the line of…
Source: Live Mint Personal loans are a great way to get financial assistance in times of emergency or if you are about to have an important event and want some extra funds or if you just want to treat yourself with a luxurious gift. These loans do not require collateral, hence, it is a popular…
Source: Live Mint When you want to raise a personal loan, you may have an option to raise it against a credit card rather than opting for a conventional personal loan. However, one must make a wise choice between the two options. Before you jump the gun, make sure that you consider all the key factors….
Source: Live Mint The Reserve Bank of India (RBI) recently released a set of Frequently Asked Questions (FAQs) regarding a circular on resetting floating interest rates on Equated Monthly Instalment (EMI)-based personal loans. One of the highlights of the circular is that banks must give borrowers the option to switch the interest rate from floating…
