Loans

Due to geopolitical and economic uncertainty, there has been a sudden increase in the demand for gold. At the same time, central banks around the world have also been increasing their gold investments, which has further boosted its prices. The weakening of the Indian rupee against the dollar has made gold more expensive to buy … Read more

On February 1, Finance Minister Nirmala Sitharaman made important announcements benefiting Micro, Small, and Medium Enterprises (MSMEs). One key announcement was the introduction of credit cards specifically for MSMEs. This move aims to provide easier access to loans for small businesses and is expected to significantly benefit them. The credit cards will follow the model … Read more

Several big banks in India have recently updated their Marginal Cost of Lending Rates (MCLR). While some banks have increased their rates, others have left them unchanged. MCLR is the minimum interest rate that banks charge customers for loans, and it is influenced by factors such as the cost of funds, market conditions, and the … Read more

The main advantage of increasing the loan tenure is that the monthly EMI becomes smaller. With a smaller EMI, customers can easily manage their household expenses without feeling too much financial strain. Disadvantages of Long Loan Tenure A longer loan tenure means that the responsibility of repaying the loan extends over many years, keeping the … Read more

Reserve Bank Governor Shaktikanta Das did not cut the repo rate for the 11th consecutive time, but he has announced a significant benefit for farmers. After the Monetary Policy Committee (MPC) meeting, Governor Das revealed that the collateral-free loan limit for farmers has been increased by Rs 40,000. This means that farmers can now borrow … Read more

Get a loan in 10 seconds without any document: Today we will tell you through this article how you can easily get a loan in 10 seconds without any document. If you need a loan. And if your account is in HDFC Bank, then you can easily get a loan in 10 seconds without going … Read more

BOB Interest Rate Increased: Bank of Baroda has announced to increase the interest rates up to 9.10 percent, giving significant benefits to its customers. This decision has come after the Reserve Bank of India (RBI) increased the repo rate. Sources reveal that the Bank of Baroda has adjusted the Baroda repo-linked lending rate, which has … Read more