All About Finance

3 easy steps to secure the perfect Home Loan Along with finding the perfect house for yourself, the first question that comes to your mind is “how much home loan can I get?” Figuring out the nuances of a home loan might look like a tedious task, but you can turn it into a simple one…

How to apply for Unsecured Business Loans

Before applying for an unsecured loan, understand the qualifications creditors require and how to choose the right loan for you.The unsecured business loan does not require any security.The employee has the ability to service interest charges.Minimum income verified between 5-7 lakhs required and its depend on the nature of employment is salaried or self-employed.A score…

China November new yuan loans rise to 708.9 billion yuan, beating forecasts

BEIJING: Chinese banks extended a larger-than-expected 708.9 billion yuan ($109.81 billion) of new loans in November, while growth in money supply picked up, the first bright spots in a raft of disappointing economic data for the month. Economists polled by Reuters had forecast new bank lending in November would rise to 700.0 billion yuan from…

GOLDEN RULES OF BORROWING

Lenders are luring customers with attractive rates and swift disbursals. Go through these thumb rules before you take a loan. In an ideal world, everybody would have enough money for all his needs. In real ity, many of us have little option but to borrow to meet our goals, both real and imagined. For banks…

HDFC Bank throws gauntlet, cuts base rate by 0.35%

the country’s second-largest private-sector lender, slashed its base rate — the minimum rate at which it lends — by 0.35 percent to 9.35 percent, effective tomorrow. The move comes after the Reserve Bank of India cut its benchmark repo rate thrice this year (by a total 0.75 percent), and urged banks to follow through with…

Scheme for financing Builders & Developers

Scheme for financing Builders & Developers Scope of Scheme For constructing residential complexes and residential cum commercial complexes only Constitution/ Eligible borrower Corporate Entity Approval from NBCC/HUDCO in cases where borrower undertakes their project work. The borrower should have technical competence/employed professionally qualified persons. The borrower should engage reputed firms of Architects. The promoters should…

All you wants to know about Unsecured Business Loans

n today’s world, it is becoming easier and easier to procure capital for your business. Unfortunately, not too many people are making the most of this opportunity. People tend to use their own life’s savings when investing in their businesses. But the consequences putting all your eggs in one basket could be painful in the…

Working Capital Finance

Working Capital Finance Innovative financing designed to fuel your business Get Export Credit, Overdraft facility, Bank Guarantees and other products from Bank designed to meet your Working Capital Needs. Quick processing, multiple collateral options and competitive interest rates ensure that this is the best option for your business. You can get the following loans/facilities from…

5 Tax Benefits You Must Know

Buying your first house on a loan comes with multiple tax benefits. These deductions not only reduce your tax outgo but also help in managing your cash flows better. Here are all the deductions you can claim when you take a home loan: 1) Deduction on interest: If you are paying EMIs for a home…