Investing money in mutual funds is a quick way to earn good returns and build wealth. If your savings are insufficient or you don't want to put your emergency funds at risk, consider borrowing a Personal Loan for investment to buy mutual funds. However, remember that mutual funds are market-linked investment products that carry an element of risk. If the market does not turn in your favour, you may lose the investment amount rather than earning any returns.
After you buy a car, it's essential to improve the overall interior and exterior decorations to ensure greater safety and comfort. For buying good quality accessories, you should have decent cash in hand. When you have a list of accessories ready, it will be easy to allocate the budget for each. Read this blog to know about 10 of the most unique car accessories for your vehicle.
Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Union Budget 2025, which focused on tax relief, economic growth, infrastructure development, and support for numerous key sectors. It clearly emphasises boosting capital expenditure, enhancing disposable income, and supporting domestic industries to shape the country’s economic well-being.
You might be familiar with the concept of insurance. However, what is indemnity may be new to you. In terms of indemnity definition, it is a type of insurance that provides protection against financial liability in case of damage or loss. Sometimes, it may also indicate an exemption from liability for damage. Simply put, it is a mechanism to reduce financial loss and manage risk in terms of law and insurance.
Financial markets play a very important role in the economy by connecting investors with those who need funds.v
April often means scorching heat. You can escape the rising temperatures and explore exciting international destinations! You can experience pleasant weather in many parts of the world during April.
Life's full of surprises, right? Several unexpected situations in life require additional funds because they necessitate home repairs or present unique investment possibilities or assist in matching the gap between paychecks. A multi-purpose loan provides the solution needed in this situation. This money functions as a fiscal security system that lets you handle uncertainties without restrictions.
Credit facilities such as a Personal Loan is a convenient and effective way to deal with unexpected financial emergencies. At the same time, managing the repayment is also crucial. The most common way for loan repayment is the Easy Monthly Instalments (EMIs). You have to pay a fixed amount every month within the given period. It consequently enhances your credit score and helps you manage your other obligations well. However, if you miss any EMI, it can create a negative impact on the same.
When you borrow a loan, you must repay it to the lender with interest in equated monthly instalments. If you are in the middle of your tenure, you must wonder how much you have paid and still need to pay to become debt-free. The amount you still owe to the lender is called the outstanding amount. Read on to learn what outstanding amount in loan is, its calculation, importance, management, and other crucial information.