Urban Money Blogs

What is a Long-Term Loan?
July 30, 2024

A long-term loan is a type of financing that provides borrowers with a substantial amount of money to be repaid over an extended period, typically exceeding one year. Unlike short-term loans that are meant to be repaid within a shorter time frame, long-term loans offer borrowers the flexibility to manage…

Category:Personal Loan Archive
ROI - Return on Investment
July 30, 2024

In the realm of decision-making, understanding the potential benefits of investments is crucial for success. At the heart of this evaluation lies Return on Investment (ROI), a pivotal metric that illuminates gains and losses, informing choices that shape professional and personal paths. ROI is a financial ratio that measures an…

Category:Home Loan Archive
Pradhan Mantri MUDRA Yojana
July 30, 2024

The Mudra loan is offered to many business owners with a strong business plan. However, to avail of the loan, one must fulfill the requirements set by the lending institution. Every institution will have its requirements and the rate of interest charged on the loan amount. In this article, understand…

Category:Business Loan Archive
Home Loan For Small Business Owners
July 30, 2024

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…

Category:Home Loan Archive
Composite Loan: Features, Benefits, and Considerations
July 30, 2024

Composite loans have become a popular option for homebuyers in India looking to purchase a property. These loans combine the benefits of a home loan and a personal loan, allowing borrowers to finance their entire property purchase, including ancillary expenses such as registration fees, stamp duty, and other charges. This…

Category:Home Loan Archive
How to Get Loan Against Property Without Income Proof?
July 30, 2024

When you pledge your residential or commercial property as collateral to the lender and borrow a specific amount in return, it is known as a loan against property or LAP. Simply put, it is a loan you avail on your property or on a plot. You need to ensure, though,…

Category:LAP Archive
How Much Personal Loan Can I Get on My Salary?
July 26, 2024

Personal loans are like unsecured credit, meaning you don't need to offer any assets as collateral. As a result, lenders pay close attention to your ability to repay the loan. Your monthly salary is the foremost factor lenders consider when determining how much you can borrow. The higher your salary,…

Category:Personal Loan Archive
Union Budget 2024 Highlights: 4.1 Crore Jobs, ₹11.11 Lakh Crore Boost, Tax Stability
July 23, 2024

Finance Minister Nirmala Sitharaman presented the Union Budget 2024 today in the monsoon session of the parliament. This first budget of the newly formed union government marks the seventh successive budget presentation of Finance Minister Nirmala Sitharaman. This achievement created history for the highest number of budgets presented by a…

Category:Financial News
How To Get a Rs. 50,000 Loan Urgently?
July 18, 2024

Individuals can face any difficulty or circumstances in which they might require funds immediately. Finding an urgent 50,000 Loan can be stressful, especially when you need a quick and reliable solution. A Rs 50,000 urgently loan can be required for medical expenses, urgent home repairs, or any other unexpected situation.…

Category:Personal Loan Archive
How To Check My Active Loans on PAN Card?
July 18, 2024

Check active loans linked to your PAN card and monitor them with ease to prevent fraud. Stay on top of your loan repayments and track your loans to secure your finances. Quickly check your loan status and take control of your financial security. In this article, we'll guide you through…

Category:Personal Loan Archive