Search For "borrower"
Introducing MinEMI: A Web App that Leverages AI to Optimize EMIs and Trans
Updated : 1 year, 1 month ago IST
New Delhi [India], January 17: Did you know that nearly 2 crore loan applications are rejected every month in India, often because of inadequate financial planning or lack of transparency? MinEMI, a revolutionary web app by EasyWay Fintech, addresses this challenge by using AI-powered insigh
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Checking Credit Score on the OneScore App Can Offer Access to Better Loans
Updated : 1 year, 2 months ago IST
Pune (Maharashtra) [India], January 15: Personal loans are one-size-fits-all types of loans that borrowers can use for any purpose. Borrowers can rely on an instant loan for medical expenses or for a family holiday, as per their needs, as there is no end-use restriction. However, there are a
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Rural credit ecosystem in India getting formalised: NABARD Chairman Shaji
Updated : 1 year, 2 months ago IST
India's rural credit ecosystem is increasingly getting formalised and borrowers across the country are preferring formal options due to a variety of reasons, including interest subventions, NABARD Chairman Shaji KV told reporters Sunday.
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Avail Instant Loans Up to Rs. 5 Lakh with OneScore App
Updated : 1 year, 2 months ago IST
Pune (Maharashtra) [India], January 1: Many potential borrowers worry about their credit score when applying for an instant loan. This concern often arises because a lower credit score can impact the chances of loan approval or result in higher interest rates. A lower credit score may signal
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10 Essential Terms Every Home Loan Borrower Should Know
Updated : 1 year, 2 months ago IST
New Delhi [India], December 26: Buying a home is a significant milestone, and for most people, a housing loan is a financial bridge to turn this dream into reality. However, navigating the process can be daunting if you're unfamiliar with the terms and concepts associated with home loans. Un
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Bajaj Housing Finance Introduces Dual Rate Loans with a Fixed ROI for the
Updated : 1 year, 2 months ago IST
Pune (Maharashtra) [India], December 23: Bajaj Housing Finance Ltd (BHFL) launches the new Dual Rate feature for Home Loans and Loans Against Property in line with their focus on providing borrowers convenient repayment options to help make dream homes a reality.
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India's microfinance sector faces challenges as states like Bihar account
Updated : 1 year, 2 months ago IST
The microfinance sector in India is grappling with significant challenges, as highlighted in a recent report by Motilal Oswal, it noted that states like Bihar are emerging as hotspots for overdue loans, reflecting deep regional disparities in the microfinance landscape.
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Quick and Easy Personal Loans with OneScore App
Updated : 1 year, 2 months ago IST
Pune (Maharashtra) [India], December 19: Personal loans offer a swift financial solution for various needs, providing borrowers quick access to funds anytime, anywhere. These loans ensure fast processing and approval, often within hours. Borrowers benefit from flexibility, as no collateral i
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Understanding Collateral Requirements for Business Loans
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 17: The process of obtaining a business loan can be complex, with financial institutions carefully evaluating various factors to assess risk. One of the key elements that significantly impacts a borrower's chances of securing a loan is collateral.
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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A Comprehensive Guide to Understanding Gold Loan Gram Rate Calculation
Updated : 1 year, 3 months ago IST
Pune (Maharashtra) [India], December 11: When it comes to securing a gold loan, understanding how the gold loan per gram rate is determined is essential for borrowers. The gold loan gram rate plays a crucial role in determining the amount of money a borrower can access by pledging their gold
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RBI increases collateral free loan limit for farmers from Rs 1.6 lakh to R
Updated : 1 year, 3 months ago IST
In a much bigger relief to small and marginal farmers the Reserve Bank of India (RBI) on Friday has hiked the limit for collateral-free loans for agricultural farmers from Rs 1.66 lakh to Rs 2 lakh per borrower.
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