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Term Loan
When it comes to running a business, having access to sufficient capital is essential for growth and overall success. However, not all companies have the necessary funds handy to cover expenses such a...

fixed and floating interest rate

A loan helps you cover planned and unplanned expenses. You can repay the amount in equated monthly installments, popularly known as EMIs. It consists of the principal amount and interest charges. G...


how to save tax for salaried employees

As tax season approaches, it's time to start collecting all the necessary documents for tax filing. But in all this, you shouldn't forget about an essential aspect of planning - tax saving....


what is foir

FOIR stands for Fixed Obligation to Income Ratio. This financial metric is used in determining your creditworthiness and ability to repay a Loan. In this, the borrower's fixed monthly obligatio...


personal loan on itr
Every earning individual in India is liable to pay taxes on their earnings as per the law set forth by the Income Tax Act of 1961. Previously the process of submitting the income tax was a hassle, but...

write off vs waive off
Are you confused between the terms "loan write-off" and "loan waive off" when it comes to your loan repayments? Don't worry; you are not alone! Many people are unaware of the d...

Did You Know

Credit Worthiness

Before offering a loan, the lender evaluates the borrower's possibility of defaulting, by measuring his or her credit worthiness. This assessment is based on the borrower's credit history, credit rating or score, employment/ business history, banking history, income to expense ratio, and others.

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