After CIBIL Dispute Resolution, how much time does it take for CIBIL to update? This is a very common question. Most people raise a dispute in CIBIL when they see some error or problem in their CIBIL report, and they notice that error when they apply for a loan and the loan application gets rejected. […]
First, we will understand what working capital. Working capital is the money that is used for the day-to-day operations of a business, such as purchasing raw materials, paying rent, paying electricity bills, and paying taxes. The loan provided by banks for these purposes is called a working capital loan. It is a short-term loan. It […]
What is the eligibility required to take a machinery loan? Now, if you are going to start a new business where you need machinery. You also know that there are many government schemes where you can get a machinery loan. But what eligibility is required to take this loan? Either you already have an existing […]
At present time, why having an HDFC credit card is important—you will understand this only when you want to buy a mobile phone or any electronic items, and there is a 5% or 10% discount available on using an HDFC credit card. At that time, if you had this credit card, you could have saved […]
We will have a complete discussion about the CIBIL score. We will look at a situation where someone’s CIBIL score has become poor. Now, a CIBIL score can become poor for many reasons. For example, someone may have gotten a credit card issued from a bank, or someone may have taken a personal loan, or […]
I always say, sir, never miss even a single EMI because it reduces the CIBIL score. But some people have this question—sir, if I miss one EMI, how many points will drop? Some also ask—sir, if I missed payment (EMI), will I be able to get a loan in the future or not? If you […]
Whether the business is old or a businessman is going to start a new business, every businessman needs a business loan to start and grow their business. But if a businessman has a poor CIBIL score, then no premier bank wants to give a loan to that businessman. So how will a businessman get a […]
It is often seen that a businessman goes to the bank manager and says that he needs a working capital loan of ₹50 lakh or ₹1 crore because he wants to expand his business and increase his production. For this, he also needs to purchase machinery and enhance and expand his existing setup or workshop. […]
Every businessman wants a cash credit loan to run the business because for the number of days you utilize the money in business, you have to pay interest only for those days. As soon as you deposit the money back into the account, you don’t need to pay interest for that time. And whenever you […]
Same car, same bank. But still many people end up paying ₹1–2 lakh more on their car loan. The understanding you need is not just of EMI, but of your loan process—what charges are there, what fees are there, and what the tenure is. So let’s understand how the exact process works. We will learn […]
