Whether you need financing for big-ticket expenditure of the household, need to infuse additional capital to the business, or seek funding for individual expenditure, a personal loan can be your go-to financing avenue. These loans are available in high funding quantum and come with zero restrictions to end-use, which makes them suitable for financing all…
Did you know that home loan borrowers can get tax benefits? As per the Income Tax Act of 1961, the principal amount and interest components paid towards a home loan are eligible for tax deductions. The maximum tax deduction that you can get for the principal component is up to Rs 1.5 lakh under Section…
Medical contingencies never knock at your door to enter your life. As they make their entrance unannounced, thus you must be prepared for them from the very beginning i.e., as soon as you begin earning by opting for health insurance. However, there are many who avoid availing insurance and consider it a distant goal. If…
Jignesh and Smita had taken a home loan a few years back to buy their dream house in a posh locality. After repaying the loan for three years, they found that the interest rates have dipped, and they are paying a much higher EMI than their neighbours who recently availed a housing loan. Being a…
If you are reading this, you might know that availing a home loan is an easy means of financing your dream home. Loans allow you to fund your house without draining your hard-earned savings. You can choose a flexible tenure and repay the amount in flexible emis. However, a home loan is an obligation that…