Urban Money Blogs

  • Personal Loan Tax Exemptions & Details

    July 02, 2022

    Time and again, personal loans have proven to be a reliable safety net for any financial need. The unsecured loans are easy to avail of with minimal eligibility criteria and a swift documentation process. The Income Tax Act 1961 does not consider personal loans as an income, so they are…

  • How to Take Business Loan under CGTMSE Scheme?

    July 01, 2022

    The Credit Guarantee Fund Trust for Micro and Small Enterprises was incorporated in 2000 by the Government of India under the Small Industries Development Bank of India and the Ministry of Micro, Small, and Medium Enterprises. Startup companies require funds as a means to establish themselves in the market firmly.…

  • Unsecured Business Loan - Eligibility, Documents & Interest Rates

    June 28, 2022

    What is an Unsecured Business Loan?An unsecured Business loan is the type of loan granted to an applicant from a bank or financial institution without any pledged collateral. These business loans are availed by startups to manage business flow operations. An unsecured business loan provides financial assistance to the businesses that…

  • Top Home Loans in India

    June 27, 2022

    Read the given below list of banks that offer the best housing loans in India along with their interest rates and processing charges. This home loan bank list can guide you toward choosing the best bank for housing loans. Banks Rate of Interest (p.a) Processing Charges Kotak Mahindra Bank 7.00%…

  • How Balance Transfer Affects Your Credit Score

    June 25, 2022

    If you think that just owning multiple credit cards and juggling multiple payments can help you improve your credit score, then, it's time for you to know the facts right. A balance transfer is quite an effective way to meet your debt repayment goals. It allows you to make low-interest…

  • Loan To Value (LTV) Ratio : Meaning, Importance and Calculation

    June 21, 2022

    Hey! Are you finally buying your dream house? Are you financing it with the help of a home loan? Then familiarize yourself with the various terminologies that you might come across. One common term, you might find yourself entangled in is the Loan-to-Value ratio or LTV ratio. It is an…

  • Highlights of RBI and MPC Meet June 2022

    June 10, 2022

    The six members of the Monetary Policy Committee (MPC) of the Reserve Bank of India mutually increased the base points of the repo rate. Repo rates are the key policy rate the central bank considers when short-term lending funds to banks. It increased by 50 base points, standing at 4.9%…

  • Home Loan Interest Rates Spiked After RBI's Repo Hike

    May 12, 2022

    The Reserve Bank of India regulates the home loan criteria, which are constantly changing owing to numerous economic circumstances. Read the blog to learn more about the RBI and how its latest home loan guidelines will affect borrowers. The Reserve Bank of India (RBI) is India's Central Bank, which was…

  • The Collateral World of Mortgaging Property

    January 21, 2022

    A mortgage is any immovable property that is given as a security or collateral against a loan for building a property. The party lending the money keeps this mortgage as collateral until the borrower returns the loaned amount in full along with interest. This kind of home loan is becoming…

  • How To Manage Your Home Loan Like A Pro

    January 21, 2022

    Home loans are an elite choice to finance your dream house and tranquil to access too. But managing a house loan can be tedious. Think nothing about it, as Square Yards has got you covered. We have enlisted easy-going steps which will assist you in effortlessly managing your home loans…

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