RBI has barred banks and finance companies from charging penal interest, which is often charged from customers for delay in repaying loan installments
Both loans have their own pros and cons and both operate on different financial strategies
The introduction of EMI option for RuPay credit card purchases means that users will now be able to convert their purchases into EMIs directly from th
Genuine reasons such as loss of employment, serious medical conditions, or short-term financial difficulties may warrant consideration from your lende
Before taking an education loan, estimate all kinds of expenses like course fees, travel, living expenses
The Reserve Bank of India on Friday gave three more months up till April 1, 2024, to banks and NBFCs to implement the new norms for penal charges
Those seeking to avail personal loans applicant can do very little about their income, job or employer profiles, there are fronts where they can work
It’s advisable for borrowers to make lump-sum payments at least once a year, especially when you receive significant amounts like annual bonuses
Emergencies always arrive unannounced, so you must plan well in advance to combat it. An emergency fund takes care of all these problems.
As the debt is repaid, the insurance coverage decreases. In a way, credit insurance is a life insurance policy, but it's tied to the bank's loan acco