While applying for a personal loan, Sunaina considered only the 12% interest rate offered by a financial institution. On the other hand, Arvind took APR into consideration - the total cost of borrowing.

Harpreet, a garment shop owner from Ludhiana, needed short-term funds to buy inventory ahead of the festive season. So, he borrowed through a demand loan. Mehul, another businessman from Ahmedabad, wanted to increase production at his manufacturing company. Hence, he took a term loan.

Anjali, a 38-year-old chartered accountant in Mumbai, sold a flat she had inherited from her grandmother. A week later her tax consultant called to discuss "long-term capital gains". Suddenly it mattered: how much tax did she owe, could she reinvest to save, and what records did she need? Her experience captures why understanding what is capital gain has become essential financial knowledge for anyone owning property, equity or gold.

If you are wondering how to get a 4 lakh loan for home renovation, it is actually quite simple. You can use a renovation loan to cover costs without using all your savings. A 4 lakh loan for home renovation is ideal for medium-sized upgrades. Hero FinCorp offers easy eligibility, limited paperwork and quick processing.

Have you ever found yourself juggling multiple expenses at once? For instance, a sudden medical bill pops up right when you were already budgeting for a big home renovation project.

Purchasing a house is one of the most important events in one's life. Mr. Rohit Bawa wanted to move from his rented home to a house of his own. But he did not have the required funds for paying the down payment for a home loan. So, he considered getting personal loans for a down payment on a house.

Rahul had taken a personal loan two years ago to fund a family emergency. He paid his EMIs diligently for 18 months. Then came an unexpected job loss. Struggling to keep up, he called his lender and asked: “Can I just settle the loan?” The lender said yes - for a reduced amount. Rahul thought he had dodged a bullet.

Most bank customers know their account number. Fewer know their CIF number, and even fewer know what it actually does. That is a gap worth closing, because your CIF sits at the centre of your entire banking relationship with any given bank. 

Two people borrow money. Same amount, same month. One loses their house when they cannot repay their debts. The other gets collection calls.