Loan for Coaching and Education in India
The education of their children is a critical goal for almost all Indian parents. An education loan offers several benefits. The most obvious one is that loans are an easy financing option that covers almost 100% of the expenses incurred during the span of education. The quantum of finances that students can borrow exceeds the amount they […]
Flat Rate vs Reducing Balance Interest Rate: Difference Explained
Flat vs reducing balance interest explained with formulas, worked ₹ examples, conversion rule of thumb and how RBI’s KFS and APR help you compare loans.
EMI Moratorium
The Reserve Bank of India (RBI) said that all lending institutions, including banks and housing finance companies, will have to give its borrowers a three-month moratorium on term loans. The moratorium was for payment of all instalments falling due between March 1, 2020 and May 31, 2020. According to the RBI, the deferred instalments under […]
Small Business Loans in India: Types, Schemes and Eligibility
A plain-English guide to small business loans in India in 2026: loan types, Mudra and CGTMSE, eligibility, documents, costs and how to compare offers.
Used Car Loan in India: Rates, Eligibility, Documents and Checks
How used car loans work in India: funding limits, tenure, EMI examples for a ₹4 lakh loan, documents, RC transfer checks and comparing offers on APR.
Used Two-Wheeler Loan in India: How It Works (2026)
How a used bike or scooter loan works in 2026: who lends, LTV, documents, RC transfer and hypothecation, worked EMI examples and costs to check first.
7 Factors to consider while taking a Small Business Loan
Banks have been around forever, and they’re practically synonymous with business loans. But in recent years, business owners have turned to the new alternative loan market for faster financing, and higher approval rates. But while the idea of a business bank loan is enticing, there’s more involved than you might initially think. Before taking the dive […]
Loan Terminologies you must know
Using a loan to finance an expense whether it’s for an automobile purchase or home improvement project can be a smart decision. However, if you’re not familiar with certain loan terminologies, you might be at a disadvantage when it comes to evaluating a loan or comparing loans from multiple lenders. Quick check: Closing a loan […]
Credit Card vs. Personal Loan
Usually a loan available on a fixed rate of interest, a personal loan is sanctioned for a given tenure of between 12 and 60 months payable via equal monthly instalments or EMIs that include the principal as well as the interest component. Personal loan for salaried individuals is more easily approved than those for self-employed people. A […]
Drawbacks of Business Loans
A small business loan may be their only means of turning their dream of business ownership into a reality. Some may turn to banks or credit unions to obtain the necessary funds. While a small business loan can get a business off the ground, it has certain pitfalls. Quick check: Juggling several app loans? Read […]