Urban Money Blogs

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…

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…

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…

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,…

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,…

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…

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.…

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…

In the latest monetary policy of the RBI statement for the 2024-25 financial year, the Reserve Bank of India (RBI) opted to maintain the key policy repo rate at 6.5%. This marks the seventh consecutive time the rate has remained unchanged. The decision, widely anticipated by analysts, reflects India's strong…

RBI's New Hedging Rule Expected to Slash India's Currency Derivatives Trading by 80% The Reserve Bank of India's (RBI) new regulation requiring exchange-traded rupee derivative transactions is expected to cause a dramatic plunge in trading volumes. According to industry experts, the decline can be more than 80%, potentially crippling a…