Ashavmedh Singh

Getting a loan as a student in India used to mean two things: a bank branch visit and a guarantor with a salary slip...

Kartik is 22 and looking at a Rs 60,000 laptop. Below the price, a line reads: EMI starting at Rs 2,800 per month. His salary is Rs 25,000. The number looks manageable but he wants to know what it actually includes before he commits. Does the total come to more than Rs 60,000? What is covered in each payment?

Rahul went into the loan process assuming things would move smoothly. He was consistently on time with every EMI, and his credit score was 742. However, his loan...

Your credit score shows how likely you are to repay the lender. And achieving a credit score of 850 is considered highly exceptional by lenders. It means you are extremely responsible about repaying the money. But can you actually achieve a credit score of 850?

Rohan decided to launch a startup with his savings. When his business grew, he realised he needed more money to sustain operations and stay competitive. However, he was hesitant to take out a loan and was anxious about monthly repayments. 

Payal, a private school teacher, needed urgent funds for medical expenses. She applied for a personal loan of ₹4 lakhs. Even though she didn’t face any issue while applying for a personal loan, she realised the importance of paying EMIs for a 4 lakh personal loan.

रिवर्स रेपो दर वह ब्याज दर जिस पर रिजर्व बैंक ऑफ इंडिया, वाणिज्यिक बैंकों से उनकी अतिरिक्त नकदी जमा करने पर उसके बदले ब्याज देता है। यह रेपो रेट से अलग होता है। यह वह दर है जिस पर बैंक रिजर्व बैंक ऑफ इंडिया से लोन लेते हैं। रिवर्स रेपो का इस्तेमाल अर्थव्यवस्था में पैसा कम करने के लिए किया जाता है, जबकि रेपो रेट का इस्तेमाल इसे नियंत्रित या बढ़ाने के लिए होता है। 

A ₹2 lakh personal loan is often used for immediate needs like medical bills, travel, or short-term expenses. Although the loan is somewhat smaller, the interest on the 2 lakh loan you will pay is still subject to change based on your financial profile.

Vrajesh, a manager at a luxury hotel, had a financial emergency when his vehicle needed urgent uninsured repairs. He needed emergency funds, but he did not want to go through the tedious paperwork process to apply for a personal loan. He started searching online for information on how to get quick personal loan 4 lakhs.