Monthly Archives: February 2025
Personal loans have become a popular financial tool for individuals looking to cover sudden or unplanned expenses. This can include home renovations, wedding preparation, or consolidating existing debt, among many other things. One of the appealing aspects of personal loans is their flexibility, especially when you can secure a loan without a guarantor. What is…
If your credit score sits at around 550, you may be aware that getting approved for a personal loan can be difficult. Most lenders view this as a low score, and as per current credit bureau standards, it is. For banks, this implies a higher lending risk. However, a personal loan for a CIBIL score…
When a financial emergency comes and you do not have a monetary backup, the best option can be to opt for a personal loan. However, applying for a personal loan means the lender will assess your credit profile to check if you are eligible for the amount you want. One of the most important aspects…
The Section 80C of the Income Tax Act offers a major tax deduction, which you can avail by investing in/opting for various financial instruments. One of these is a tax-saving fixed deposit (FD). It is a particularly ideal option if you want the safety of your capital and steady returns while also enjoying tax benefits….
There are a variety of investment options out there, from high-risk equity stocks to government-backed savings schemes. But, if you are planning for a long-term goal, such as retirement or your child’s marriage, it is crucial to choose options that are safe and reliable. Annuity plans and fixed deposits (FDs) are two choices you can…