Why Salary Slips, Bank Statements & ID Proof are Important for Availing Personal Loan
Posted on Thursday, August 1st, 2024 |

When you apply for a personal loan, you must provide the right documentation to ensure a smooth and successful application process. Among the necessary documents, the salary slip, bank statement, and identification proof are of utmost importance. These documents confirm your identity and assess your financial stability and ability to repay. Let’s explore why these…
Read moreKnow How to Check Active Loan on PAN Card
Posted on Friday, July 26th, 2024 |

Your PAN card is more than an identification document. It is also a gateway to understanding your credit health. With your PAN card, you can get valuable insights into your credit history, including details about your active loans. This can help you stay informed about your outstanding debts, repayment schedules, and other aspects of your…
Read moreMonthly Budget Planning: A Detailed Step-by-Step Guide
Posted on Friday, July 26th, 2024 |

Financial stability starts with understanding where your money goes. This is where monthly budget planning comes in. A well-structured budget helps you to track income, allocate funds for expenses, and work towards your financial goals. Whether you are saving for a particular goal or simply aiming for peace of mind, planning a monthly budget is…
Read moreWhat is CTC & It’s Role in Obtaining a Personal Loan?
Posted on Friday, July 26th, 2024 |

When applying for a personal loan, several factors influence your eligibility and loan amount. One significant factor is your Cost to Company (CTC) package. If you are a salaried employee, you may be familiar with the term. However, understanding what CTC is, how is it calculated, and the effect it can have on your personal…
Read moreWhat is a Personal Loan Sanction Letter and It’s Importance
Posted on Friday, July 26th, 2024 |

Securing a personal loan involves several crucial steps, one of which is receiving the loan sanction letter. This document acts as a formal confirmation that the bank has approved your loan application. In addition, it outlines the various terms and conditions of the sanctioned loan. Let’s learn about the personal loan sanction letter. What is…
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