Summary: Prepayment charges apply when you take a loan and clear the entire payment before the due date. Prepayment penalties are usually decided beforehand when the loan agreement takes place. Read on to find out how this can impact your Home Loan. A lot of the time, people take loans but clear the entire...
Individuals may need adequate finance to renovate their houses and repair damages or upgrade to unique designs, new amenities, etc. With a home loan, they can only buy or construct a new house as the credit facility comes with end-usage restrictions. A home renovation loan can be a quick and suitable option for financing...
The best preparation one can make is on-time credit card bill payment. You should always pay off your credit card debt properly, whatever your financial objectives or circumstances are. The majority of individuals use credit cards to address financial problems in an emergency. But utilizing them for purchases can result in large credit card...
A top-up loan is a loan offered by a lender with a higher amount of interest than the loan applied for under the main loan category, such as a personal loan, an education loan, a home loan, and so on. Applying for a Top-Up personal Loan is only possible if you are already familiar with the...
Indian traders have been showing interest in financial markets highly lately. The volume of trade in the stock market from the country has been increasing tremendously. Therefore, we have a blog comparing the top two apps, INDmoney vs Vested. Traders can understand their services and find the most suitable one for them. So, let’s...
A systematic Deposit Plan is a unique form of savings instrument that combines the benefits of Fixed Deposits with the convenience of Systematic Investment Plans in a single savings instrument. There are several reasons why a fixed deposit with the highest FD rates is a wonderful way to grow your savings, especially when you get assured returns...
An agriculture gold loan is a unique type of loan that is specifically aimed at the agricultural sector. This type of loan can be used for a variety of purposes, such as expanding or upgrading your agricultural business, purchasing new equipment or livestock, or even consolidating debt. If you’re thinking about applying for an...
A personal loan is the easiest option to go for without much hassle. A personal loan is an unsecured loan that comes in handy in an emergency. If an applicant has an excellent credit score with an individual income, the personal loan is a quickly accessible fund source. However, personal loans can become a...
LTV or loan to value is a crucial factor that determines the loan amount eligibility. A higher LTV ratio denotes that the lender will receive a more significant amount against their property’s value and vice versa. For instance, if a property worth Rs.1 crore attracts an LTV of 80%, one can obtain a loan...
A 3-in-1 account includes all the essentials required to trade online. It consists of a demat account, a trading account, and a bank account. A single form can be filled out to open all these accounts at the same time. The funds required to buy a stock are provided by the bank account that...
