What is one thing that keeps people away from debt? For some, it is the periodic interest payments. For others, it is just the...

The State Bank of India at the end of last year made headlines by announcing a hike in its MCLR or Marginal Cost of...

Many people’s financial lives have been saved by personal loans, which provide the flexibility to handle unforeseen expenses or finance significant life events. However,...

Thinking of paying off your personal loan ahead of schedule? Early loan repayment can save on interest costs, but beware of prepayment penalties. These...

Knowing the ins and outs of different types of credit can change the game in the ever-changing world of finance. One such facility that...

Are you strained by loan EMI payments? Banks now offer moratorium options, temporarily pausing dues. A moratorium period empowers stressed borrowers to catch their...

Payday loans and personal loans are often confused because they’re essentially both loans that you get issued from the bank to cover expenses that...

The FOIR, which is an important financial yardstick, measures your ability to manage existing debts alongside your new loan repayments. It measures whether your...

In India, where formal lending structures may not always be accessible to everyone, promissory notes serve as a crucial tool between individuals and businesses. ...

When you’re getting a personal loan for yourself from any bank in India, there are some common steps you need to follow in terms...