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 […]
What is mortgage? So before we understand the types of mortgage, let us understand what is mortgage. This is clearly defined under the Transfer of Property Act 1882. Section 58 defines mortgage, mortgagor, mortgagee, mortgage money and mortgage-deed. Now before we come to the exact definition, let us first understand the concept of mortgage. What […]
SBI Car Loan 2026 In the last 8 months, RBI has reduced the repo rate by less than 1%. This means that all banks should have also reduced the interest rates on their car loans. About 1 year ago, banks like SBI, PNB, and HDFC were offering car loans at around 9% interest. But recently, […]
We will see how we can apply for a personal loan from Bajaj while sitting at home. Okay, but first, the most important things are: what interest rate Bajaj Finance Personal Loan charges, how much processing fee it charges, and one of the most important things is that when Bajaj gives a personal loan, they […]
Improve CIBIL score after default People who have taken a loan are very well aware of the CIBIL score. If someone has ever defaulted on a loan, then a default status appears in their CIBIL report, and the CIBIL score drops very badly. After that, it becomes very difficult for them to get a loan. […]
Home Loan and Disbursement Process Let’s assume you have taken a home loan of ₹ lakh for 20 years. Your home loan has been approved at an interest rate of 11. Now, the bank, on the day of disbursement. What disbursement means is that in the bank’s system your home loan is approved, processed, and […]
