Owning your own house is a very big deal for any Indian family. A family works day and night to fulfill this dream and various banks and NBFCs help them to make their dreams come true. Buying a home surely…
When a borrower wants to take a loan, banks or NBFCs offer him or her two types of interest rates: fixed interest rate & floating interest rate. The borrower has to choose one of them to repay the loan. Once…
Every entrepreneur who wants to start a new business or every businessman who wants to expand the business by various means have one thing in common: they need a strong financial backing. Government of India is supporting businessmen and entrepreneurs…
An Equated Monthly Installment (EMI) is a fixed payment made by a borrower to a lender on a specified date each month. It is a common financial term used in loan repayments, allowing borrowers to pay off any type of loan in…
An EMI Equated Monthly Installment is a financial term used in loan repayments. It’s a quick and easy method to pay off any type of loan. When a borrower takes a loan from a bank or NBFC, the repayment of…
