Blogs.

Anita required funds for a significant expense. When exploring her options, she came across a personal loan and a home equity loan. With a home equity loan, she had to put her property as collateral. But she could get a good interest rate and a large loan amount. With a personal loan, she didn't need collateral. 

The economy of India is developing; yet, financial inclusion has taken on immense importance. Financial services can help people, small businesses, and corporations when they need urgent funds.

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.

Mr. Rao booked his dinner order through an app and confirmed the transaction using his UPI PIN. This security measure is part of the 2FA rule, which has been initiated by the RBI for digital payments.

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। 

Vinod needed ₹6 Lakh to expand his grocery store. A Personal Loan would only cover ₹7 Lakh at 17.9% p.a. His father’s gold jewellery, valued at ₹8 Lakh, had been untouched for a decade. A gold loan gave Vinod ₹6 Lakh at 11% p.a. in four hours no CIBIL check, no ITR, no branch visit. Two months later, when his business income had stabilised, he closed the gold loan and took a Personal Loan at a competitive rate. Right tool, right moment.

Neha sells homemade beauty products and accepts payment through UPI. When her customers pay through UPI, she receives the money within seconds.

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.

टर्म लोन एक निश्चित राशि का ऋण है जो बैंक या वित्तीय संस्थान द्वारा एक पूर्व-निर्धारित अवधि और ब्याज दर पर एकसाथ दिया जाता है। इसे आप निर्धारित समय में या मासिक, तिमाही या वार्षिक किश्तों में चुका सकते हैं। इसका उपयोग आमतौर पर दीर्घकालिक निवेश के लिए किया जाता है। इस तरह के लोन लेने से उधारकर्ता को पूरी रकम एक बार में ही दे दी जाती है। इसके बाद उसे हर महीने निश्चित रकम किश्तों में लौटाना पड़ता है जिसमें मूलधन और ब्याज दोनों सम्मिलित रहते हैं।