Finance and Investment

Whether it is about buying a home, already owning one, thinking of moving house or just getting a second real estate property, a home loan is the perfect solution for all the problems. A home loan is a long term commitment. Before applying for the home loan process, it is important to analyze your total eligibility, which mainly depends on your repayment capacity. Ensure that the home you are buying also meets a certain criterion. Here are a few things buyers need to check before applying for a home loan : Information The foremost thing to keep in mind is the location of the property you are planning to purchase. Buyers need to understand whether the property they are buying is good enough, the builder has a good record in terms of successful delivery or the builder has all the needed permissions. Home Loan Interest Rate Before applying for a home loan, it is essential to compare the home loan rate of interest of at least 4-5 banks. Always opt for the cheaper one

Capital, undoubtedly, plays a major role in fostering any business. However, arranging finance for business promotion or for any other need pertaining to business might not be easy on occasions. It is here that unsecured loan comes into play and ensures that entrepreneurs do not suffer for lack of funds. The value of unsecured business loan is therefore firmly established. Unsecured Business Loan in India – Advantages Galore The advantages of unsecured business loan are many. For starters it is collateral-free. Yes, you would not have to pledge any collateral if you intend to avail unsecured business loan. However, as an unsecured loan does not involve any collateral it poses some element of risk for the lender. This explains the reason why the interest rate levied on the unsecured business loan is higher than secured business loan. It is also not as easy to avail unsecured business loan. Loan tenure of unsecured business loan is also shorter than secured business loan.

BBenefits of Personal Loan There are plenty of benefits that personal loan brings for the borrower. Some of the prominent benefits of personal loan are listed below. Personal Loans Are Versatile Unlike mortgage or student loan, personal loan can be used for a variety of purposes like marriages, vacation, expensive purchase, consolidate credit card, medical expenses and for almost every purpose. Fixed Monthly Payment This is the biggest advantage of personal loan. As the installment is fixed you can plan the repayment accordingly which will ensure that you never default on your repayments. Borrow Any Amount Yes, you can borrow the amount you require be it small or big. However, credit score rating plays a big role in it. Decent Interest Rate The personal loan interest rate levied by the lenders is very decent. No wonder it plays an important role in making the loan popular. Swift Loan Approval Yes, unlike mortgage or home equity loan which might take at least

Unit conversion is the process of converting the standard units from one form to another depending on the need. If you are thinking about the way you can convert the land area to the desired unit of measurement then with the help of an area conversion calculator , you can change any type of unit area, whether it is in metrics or imperial systems.   It can also serve as an area convertor between hectares, square feet, and acres based on total width and length. All you have to do is simply put the value of the area of land that you wish to convert, select its available measurement unit and then choose the unit that you have to change. It is mostly used in two types of loans; home loan and loan against property. The land area calculator makes it easy for buyers to know the exact value of the property against the land size.

Whether it is a big firm or small, the success of the business is always determined by the soundness of its financial status. Thus, it becomes imperative for business owners to arrange enough finance to meet numerous daily and unplanned expenditure of their business. In the competitive market, one can require funds anytime and delay in arranging funds can hamper the work. In such a situation, it is better to manage desired finance with the help of unsecured business loan as it can be availed with no collateral and easy documentation. With so many banks/NBFCs offering unsecured business loan at lower interest rates, it becomes tough to select anyone. It is here that IndiakaLoan comes into the picture as it is one of the most preferred collateral-free unsecured business loan providers. Some of the benefits you can avail from IndiakaLoan offerings: It provides loan for every type of enterprise venture with cash credit limit ranging from Rs 10-40 lakhs to support businesse

The machinery loan is given for varied purposes such as construction, manufacturing, corporate aviation, automobile and allied industry, IT and office, electronics & appliances, health care, and others. The machinery loan calculator can suggest better about the monthly installment that the borrower must pay each month towards the loan repayment throughout the loan period. It is also available online to easily assess the EMIs. What are the benefits of using machinery loan calculator? In common, there are three advantages of the same. First, it helps in providing an estimate of monthly installment which you have to pay for a loan amount as per repayment capability. Second, it aids to choose your loan tenure and handle finances in a proper manner. Third but not the last, it helps businesses to manage their cash flow nicely and meet the entire short-term monetary requirement with effortlessness. How does the machinery loan calculator work? You have to simply enter certa

When the person applies for any type of loan, whether it is personal, home or mortgage, one thing that the financial institution looks for is the ability to repay the amount. To be on the safer side, the applicant can make use of loan eligibility calculator as it works on mathematical formula to assess the needed loan amount. Moreover, it is the easiest and fastest way to check your loan eligibility online. Although, it takes various factors into consideration such as net monthly salary, loan tenure, running EMIs, and other monthly income. Below mentioned are the basic points on which your loan eligibility is determined: Credit History Your credit history helps banks and NBFCs to know about your behavior of payment and the way in which you settle your loans. In case, the past loan is delayed due to some reason or not submitted on time, the lower your score is likely to be. A credit score above 550 and near to 900 is good for any sort of loan eligibility. A score below an

There cannot be a semblance of doubt in the fact that working capital loan prove to be very helpful for the entrepreneurs and help them bailout of the financial hot waters.  Some of the important benefits ofworking capital loan are: ·          No Collaterals Required Anyone with good credit history can apply for unsecured working capital loans where in they can avail loan without pledging any collateral. However, one must be very careful with the repayments and make sure that there is no default. ·          Easy & Flexible Working capital loans can be availed conveniently and without any hassles. The loan normally comes w ith different repayment terms and interest rates. These assist the applicants in working out their cash flow.     ·          No Restrictions Imposed In most of the cases working capital loan has very little or no restrictions. The lender’s only expectation is that amount availed as loan should be spent for enhancing the revenue or for managing d

A loan is money borrowed at the time of crisis or urgent need with a promise of return within a specific time period. The banks and NBFCs decide a fixed interest rate that you have to pay on the money you borrow, along with the principal amount borrowed. There are various types of loans available in India such as home loan, personal loan, car loan, student loan, payday loan, debt consolidation loan, and so on. Secured Loan A secured loan is provided against collateral security of any of your valuable assets. Such type of loan is regarded as the most flexible loans as it is provided in lower interest rates and longer repayment tracks. This type of loan is offered in a lenient way since the lender does not have any sort of risk in the loan amount as he/she can go for the foreclosure of the asset, especially in the case when the borrower makes any drift in the loan repayment. The equity loan, car loan, and the home mortgage are some of the loans categorized under secured loan