Budget 2020 further encourages entrepreneurship and startups with tax incentives; it has opened the doors to fresh ideas and concepts. Backing every new startup idea or business initiative, several financial lenders have come up with business loans at feasible interest rates. Devised below is a comprehensive compilation of business loans and their procedures. Business Loans: […]
There are many different types of loans available in the market, and one of them is the Loan Against Property, popularly referred to as LAP. As the name suggests, the loan is extended to individuals who own a property that they are willing to put up as collateral. The property can be either residential or […]
More than half of India’s population consists of individuals aged below 25. The government aims to nurture and assist the skills and talents of the youth to make the most out of this demographic advantage. In 2009, the Ministry of Skills Development and Entrepreneurship of India (MSDE) launched the National Policy on Skill Development (NPSD) […]
Personal loan growth is estimated at around 16.2% in India over the year 2019. Numerous lucrative benefits are offered by different financial on such loans, accounting for this growth. Personal loan apps have been developed by major financial institutions as well, aiming to reduce the hassles of loan application and approval. Popular usage of such […]
For the past few decades, India has seen steady economic growth. The availability of increased resources has seeped into the lives of both the rural and urban population, thus elevating their lifestyle. Notably, increased availability of funding has brought in significant changes in the lives of senior citizens. One such financing option is a reverse […]
A loan app is a software application designed for customers to find or apply for the required financing without approaching a financial institution. With the ease of accessibility and user-friendliness, such platforms are slowly taking over the conventional modes of a loan application, approval, management, and repayment. These apps also allow you to go through […]
SMEs in India are booming and have successfully been able to provide employment to 40% of the population. In spite of this growth, the idea of a new start-up may seem to be a little challenging owing to the involvement of several factors such as a considerable investment, workspace, employees, etc. Apart from the usual […]