EMIs are one of the most crucial aspects of loan repayment. They determine the monthly amount you pay to the lending institution. Whether you are financing a major purchase or seeking immediate funds, EMIs play a significant role. Calculating EMI for a Personal Loan is an important skill for planning your finances. In this article, […]

What is EMI? EMI stands for Equated Monthly Installment. It is the fixed amount paid by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both the interest and principal each month so that over a specified number of years, the loan is fully paid off. […]

A recent analysis highlights that more than 70% of micro, small, and medium enterprises (MSMEs) and self-employed individuals seek business loans to address urgent financial needs. These needs primarily include working capital expenses, raw material procurement, and debt consolidation. The study revealed that while the majority of MSMEs (over 70%) prioritize loans for immediate cash […]

इन 4 तरीकों से बैंक वसूलते हैं ज्यादा ब्याज! RBI को पता चला तो लगा दी सबकी क्लास परिचयव्यक्तिगत ऋण (Personal Loan) भारत में तेजी से लोकप्रिय हो रहा है क्योंकि यह तत्काल वित्तीय आवश्यकताओं को पूरा करने के लिए सबसे आसान और तेज़ तरीका है। बिना किसी संपार्श्विक (Collateral) के यह ऋण उपलब्ध होता […]

Distressed asset funding in India presents a compelling opportunity for investors and lenders to unlock value from troubled businesses and assets while contributing to the resolution of NPAs in the banking system. However, navigating this landscape requires a nuanced understanding of regulatory frameworks, market dynamics, and restructuring strategies. By leveraging innovative approaches and collaborative partnerships, stakeholders can effectively address the challenges associated with distressed assets and capitalize on the potential upside offered by this segment of the market.

Bank of Maharashtra reduced its home loan rate by 15 basis points to 8.35%. The lender has also waived off processing fees on home loans.

A wedding is a momentous occasion, a celebration of love and the union of two souls. It’s a day that most people dream of, envisioning a grand ceremony surrounded by family and friends

The Reserve Bank of India (RBI) has increased risk weights for consumer loans, credit cards, and lending to non-banking finance companies (NBFCs). This increase in risk weights could mean higher interest rates for borrowers. 

Dhanteras Investments: “Decoding the Gold and Stock Dilemma”

Explore the pros and cons of personal loans and business loans to fund your new venture. Discover how LoanBazaar can assist you in making an informed choice.

Home Loan EMI vs. Monthly Rent: Making the Right Choice or what should you opt for for making a right investment decision.

The scheme will offer an annual interest subsidy of between 3-6.5% on up to 0.9 million rupees of the loan amount. Housing loans below five million rupees availed for a tenure of 20 years will be eligible for the proposed scheme

क्रेडिट कार्ड उपयोगकर्ता अब अपने बकाए का अधिक भुगतान नहीं कर पाएंगे | The main reason for this is that the banks are concerned about money laundering and fraud.

KCC for Farmers: किसान क्रेडिट कार्ड योजना किसानों के लिए है, ताकि उन्‍हें अपने खेती किसानी के कामों के लिए आसानी से लोन मिल सके. इससे किसानों को बीज, उर्वरक, कीटनाशक या खेती के उपकरण की खरीद में मदद मिलती है.

It asked banks and non-banking finance companies (NBFC) should clearly communicate the impact of any rate change on the EMIs and loan tenure. Financial institutions have to give borrowers the choice to increase EMIs, extend the repayment period or opt for a combination of both.

This would include consumer credit, education loans, loans given to create or enhance immovable assets and loans for investment in financial assets like shares, debentures and others. RBI has set a penalty of ₹5,000 per day that banks must pay the borrower for each day of delay in returning the original documents