StockGro Blogs

Posted inin Wealth Corner

Navigating the NBFC route for personal loans: A better choice
NBFCs have lenient terms and conditions as compared to the other banks. Find out how you can use them to your advantage.

Posted byby Shweta Desai
February 16, 2024
5 min

Finding the right loan in the bustling bazaar of India’s financial market can feel like searching for a needle in a haystack. What if,...

Posted inin Wealth Corner

Unlocking your investment potential: Residential vs commercial properties
Want to earn rental income and confused about whether to do so using a residential investment or a commercial one. Find out here.

Posted byby Shweta Desai
February 16, 2024
5 min

When investing in real estate in India to earn rental income, it is important to consider both commercial and residential properties. A wide range...

Posted inin Wealth Corner

How to use pre-partial payment of personal loan to your advantage?
Pre-partial payment is a great way to manage your debt and save money. Here's how!

Posted byby Shweta Desai
February 16, 2024
5 min

If you have a personal loan, you likely signed up to make monthly payments over a set repayment term. But did you know you...

Posted inin Wealth Corner

Personal loan EMI tax benefit: How do you reduce your tax liability?
You can claim a tax deduction on personal loan interest up to ₹2 lakh per year. How? Read on to find out.

Posted byby Shweta Desai
February 16, 2024
4 min

Did you take out a personal loan and wonder if you could get any tax breaks? Unfortunately, personal loans don’t qualify for income tax...

Posted inin Market Spotlight

What happened in the Indian stock market today?
On February 15, 2024, the Sensex and the Nifty 50 extended gains for the third consecutive session, closing higher amidst positive global cues.

Posted byby Ayesha Khan
February 15, 2024
3 min

The Sensex ended 228 points up, at 72,050.38, a 0.32% increase, while the Nifty 50 settled at 21,910.75, up by 71 points, or 0.32%. ...

Posted inin Wealth Corner

Personal Loan Tax Exemption: How to Claim Tax Deductions in India
Personal loans can be a way to finance your needs, but did you know they can also help you save tax? Find out how.

Posted byby Shweta Desai
February 15, 2024
5 min

Personal loans can provide helpful financing for significant expenses, but did you know they may also offer tax benefits? While personal loans themselves are...

Posted inin Wealth Corner

Unsecured loans: How does it impact the borrower?
Feeling dejected because you do not have enough collateral for loans? Worry no more, here's another option for you!

Posted byby Shweta Desai
February 15, 2024
3 min

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

Posted inin Wealth Corner

Understanding MCLR hike & loan rate impact
MCLR rates are on the rise, but what does that mean for your personal loan? Find out more.

Posted byby Shweta Desai
February 15, 2024
4 min

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

Posted inin Wealth Corner

The hidden costs of freedom: Foreclosure charges on personal loans
Do you want to foreclose your personal loan without any charges? Find out when you can do so.

Posted byby Shweta Desai
February 15, 2024
5 min

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,...

Posted inin Wealth Corner

Prepayment penalty: Things to know before taking a personal loan
Do you want to pay off your loan early? Be careful; you might have to pay a prepayment penalty. Learn what it is!

Posted byby Shweta Desai
February 15, 2024
4 min

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