The FinTech Hub
Source: Live Mint In India’s ever-evolving credit distribution landscape, personal loans have emerged as a strategic tool not just for meeting financial needs and aspirations such as health, education, medical expenses, home renovation, etc, but also for boosting and enhancing the creditworthiness of borrowers. When managed sensibly, personal loans can positively influence your credit score…
Source: Live Mint Bandhan Bank is providing customers with competitive and unique personal loan opportunities. These personal loan options help borrowers with meeting their immediate financial aspirations and requirements such as education, home renovation, medical emergencies, surgeries etc. Now, the bank provides flexible tenures, interest rates and repayment facilities on these loans so that borrowers…
Source: Live Mint Recently a case was reported where a woman has claimed that a fake captain has defrauded her of ₹17.5 lakh. This is how it happened: Manpreet Kaur’s husband who works in the Army as Naik was approached by a colleague and was introduced to ‘Captain’ Sagar Guleria who – he claimed –…
Source: Live Mint If you are planning to take a personal loan, it is recommended to find the optimum personal loan monthly instalment or equated monthly instalment (EMI). And it helps to use a personal loan EMI calculator to be able to calculate the right EMI. There are three inputs required to be able to…
Source: Live Mint Personal loans usually have a tenure of up to five years. If the personal loan is availed during a financial emergency, the borrower may go for a longer tenure as they may be unsure of the cash flows in the near future. However, while servicing the personal loan EMIs, if you receive…
Source: Live Mint If you are planning to raise a personal loan, it is vital to weigh a number of factors before you choose the one that suits you the most. Among several factors, it is vital to consider the processing fee which could be as high as 2-3 percent of the total loan amount….
Source: Live Mint Mirae Asset Financial Services (MAFS) has joined hands with Fibe to expand credit access to last mile consumers. This strategic partnership is set to empower salaried individuals, especially the middle-income group, with quick access to personal loans through a digital process. Fibe’s partnership with MAFS is likely to strengthen its presence across…
Source: Live Mint Fintech firm BankBazaar has joined hands with Muthoot FinCorp to start offering gold loans. As part of the collaboration, Muthoot FinCorp has invested ₹15 crore in BankBazaar’s ongoing Series D2 round as equity investor. As part of D2 round of the fundraise, BankBazaar – which is specialised in co-branded credit cards and…
Source: Live Mint The Punjab National Bank (PNB), allows borrowers to pre-close their existing personal loans in a seamless fashion. This enables the borrowers to settle and close out with their outstanding debts before the stipulated tenure. Now, this approach can result in immense savings on interest and boost one’s credit profile. As of April 2025, PNB…
Source: Live Mint People have various credit options in the current financial world to manage expenses and achieve financial goals. Two of the most common forms of credit are personal loans and credit cards. This article discusses the suitable occasions for the use of credit cards and personal loans while providing information to empower you…
