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Press ReleaseMonthly Archives: March 2024
The repo rate set by the Reserve Bank of India has a direct impact on bank loan interest rates, including the personal loan. The relationship of personal loan interest rate with the repo rate may not be immediate, as banks may take time to adjust rates. A fall in personal loan interest rates can ease…
Medical emergencies can arise unexpectedly. Whether it is an accident, injury, or sudden onset of an illness, healthcare emergencies need immediate attention. You need to have a financial cushion for urgent medical treatments and procedures. Medical loans on that front can provide instant financial support to ensure timely treatment. What are Medical Loans? Medical loans…
People generally apply for a personal loan when they need funds for unplanned expenses. They consider closing a loan whenever they have the required funds to avoid paying interest. As these loans are unsecured and given keeping in mind the current income and CIBIL score of the borrower, the rate of interest is usually higher…
In today’s uncertain world, unexpected financial challenges can cause significant distress. Despite having healthy financial habits, insurance coverage, and emergency funds, a sudden need for finance may arise anytime. Personal loans can be a valuable tool for handling such financial difficulties. What makes personal loans a great choice when you are in need is the…
Uncertainty is constant despite having a robust financial plan in place. Unanticipated financial crises may arise at any moment in life due to health emergencies, sudden job loss, damage due to natural disasters, etc. Moreover, you may often fall short of funds for children’s higher education, sudden home renovation, and potential investments. These situations may…
