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How to get tax benefits on personal loans in 2020?

Sep 10, 2020, at 04:43 pm

You may take on a personal loan to meet immediate needs or planned expenses. Whatever the use of the funds from a loan may be, you will be required to pay interest on the principal amount. The amount you pay every month to repay the loan is referred to as an EMI. While taking a loan may be necessary, the Income Tax department does offer some relief to the borrowers.

Need funds urgently? A pre-approved personal loan may be the answer

Jul 14, 2020, at 06:51 pm

During these uncertain times, managing all your financial obligations may seem like a burden. And while the obvious solution may seem like dipping into your savings, it may not be the best option. A pre-approved personal loan may be the better answer to finding the money you need.

Bajaj Finserv launches#EMINetworkPowerplay campaign

Jun 05, 2020, at 03:32 pm

The digital campaign has received an overwhelming response with more than 20k participants signing up to play and win in the past 10 days

Here’s everything you need to know for taking an Instant Personal Loan

Apr 01, 2020, at 11:52 am

While keeping aside a small portion of your savings for unplanned and unannounced financial emergencies may seem like good practice, many times, the majority of us aren’t prepared for such situations. Thankfully, there are many financial options available in the market like an instant personal loan that you can consider at such times.

Tips to Get a Low Interest Personal Loan in India

Feb 03, 2020, at 08:03 pm

The popularity of personal loans has been changing the scenario of the Indian lending market. As per stats released by the Reserve Bank of India, personal loans accounted for as much as 96% of non-food credits in the year 2018.

Make Sure You are Eligible for Personal Loan in 2020 with these Tips

Jan 30, 2020, at 12:14 am

For a common person in India who is salaried, lives in an urban area on rent, it is hard to get a loan without any credit. Especially in situations where the money is required to meet any personal need or an emergency, a common man is not expected to get the loan from banks or financial institutions without any collateral. However, with the popularity of personal loans increasing each day, this fact is quickly turning into a myth.

8 Things You Must Check Before Applying for a Business Loan

Jan 17, 2020, at 04:05 pm

After the initial period, there is a need to scale up the business, and you need funds. The best way is to apply for a business loan. The bank is more than ready to give loans to companies that show the capacity to repay the same. Technology has brought loans closer to business people, and it has become easier to check your business loan eligibility online and apply for one. Business loans can be both secured and unsecured.

Syndicate Bank extends Loan Restructuring Facility to MSMEs

Dec 03, 2019, at 05:33 pm

Bengaluru/UNI: Public lender Syndicate Bank has extended the restructuring of the loan to MSMEs. This will provide MSMEs a flexible repayment option and prevent their accounts from being classified as Non-Performing Assets (NPAs).

Indian Overseas Bank reduces interest rate on loans

Apr 09, 2019, at 05:21 pm

New Delhi, Apr 9 (UNI) Taking a cue from the latest policy measures announced by the Reserve Bank of India and to support growth of economy, the Indian Overseas Bank has reduced its interest rate on loans by 5 basis points in one year and above tenors effective April 10, 2019.

First time personal loan borrower? Things to check before you apply

Oct 17, 2018, at 01:06 pm

Personal loans are a friend in need when it comes to an unforeseen situation of financial crunch. Whether you have to pay off for a marriage, renovation of the house or fund medical emergencies, an online Personal Loan is the best option for you. Personal loans are unsecured in nature, which means you are not required to pledge a security or collateral to avail it. Hence, they generally come at a higher interest rate as compared to a secured loan like a home loan. So, it is advisable for the first time borrowers to check few things before applying for a personal loan to get a lower interest rate and better offers.