What is a Two-Wheeler Loan?
When you think about it, two-wheelers are one of the best and trustiest companions of middle class families in India. During all times of the day and night, you can…
Why are Interest Rates Calculated on a per Annum Basis and not per Month?
Interest rates are calculated on effective annual rates known as Annual Percentage Rate (APR). Due to the annual rate applied, this interest compounds annually. If the interest was calculated on…
Why Can’t an Education Loan be as Cheap as a Car Loan in India, Or Even Less Expensive?
Car loan interest rate for all banks currently ranges from about 9.25% to 10%. Whereas education loan interest rate in India is generally much higher and goes as high as…
Which is the Best Bank for Car Loan?
Owning a car has become a necessity in India. The days of a family of four travelling on a single bike or scooter are long gone. The middle-class families in…
What is Loan Eligibility and EMI Calculator?
What is Loan Eligibility? While loan eligibility depends on the lender as well as the type of loan, it is primarily calculated on the basis of basic factors like interest…
Is it Good to Buy a Two-Wheeler via a loan or go for a Secondhand?
If you think of buying a bike or scooter then apart from the questions related to two-wheeler loan, you also have to answer a key question, new or secondhand? The…
How do I get an Education Loan?
With education getting more and more expensive, education loans come very handy nowadays to students willing to pursue courses from good institutes and universities. This loan can be availed for…
What Is Education Loan?
A good education not only ensures a good and lucrative career, and thereby a secure future, but also fetches you a lot of respect in society. But higher education, given…
How Does a Car Loan Work?
The trend of car loans is growing fast in India. A majority number of car purchases are done through car loans. While buying a car, we definitely tend to do…
Why Do People Still Take Loans From Loan Sharks Despite Banks Having Lower Personal Loan Interest Rate?
You must have surely heard of loan sharks even if you haven’t seen them. Loan sharks are the money lending predators of the financial world. Loan Sharks are people who…
