Sanction letter is an important document that provides clarity and transparency in the loan process. It outlines the terms and conditions of the loan, including the loan amount, interest rate, repayment schedule, processing fee, prepayment charges, security or collateral, and other relevant details. This letter helps the borrower to understand the loan process and make informed decisions. It diminishes the…...
Looking to raise 1 Lakh from a personal loan in India? Check out the list of top lending institutions that offer funds to a customer base with attractive interest rates and flexible repayment tenure. This piece gives you a complete synopsis of the application process, eligibility criteria, and the risk associated with availing of a personal loan in India. Have…...
Indian borrowers can opt from a wide range of Home loan products available to raise funds for real estate acquisition. The loan recipient must meticulously research the wide range of products available to get the best possible deal in the market. Or you can refer to this piece to thoroughly understand the best banks for Home loans in India. So…...
You must have often come across a financial term called “CIBIL Score”. But, what is it, and why is it important? In this blog, we’ll briefly discuss what a CIBIL Score is, what makes it so crucial, and how can you check your cibil score by PAN Card! Lenders consider your CIBIL score highly when assessing your loan application. Therefore,…...
Many lending institutions offer Home loan for small business owners in India. One can apply for a loan from a bank or a non-banking financial company (NBFC) that provides home loans to small business owners. To qualify for a loan, you must provide documents such as your personal and business income tax returns, bank statements, proof of business ownership, and…...
College students pursuing their degrees in educational institutions of India can avail of student credit cards specifically designed to cater to their requirements. These student credit cards can be availed of by any student who has reached the age of 18. The applicants for the student credit card are not required to produce any income proof to apply for the…...