19-07-2015

When to make use of loan against property

Lending institutions have seen a steady growth in the loan against property (LAP) segment. This is a secured loan in which you can mortgage your property to the lender and borrow against it. The loan amount will depend on the value of the property, which, in turn, depends on factors such as location, age of the property and quality of construction...read more..

14-07-2015

Business loans- how much I can get?

Business loans are available to the sole proprietorship firm, partnership firm, private limited company or a public limited company. Almost every major bank in the country extends these loans, but the amount available, interest rates and features differ from across banks...read more..

10-07-2015

Hidden points in a home loan document

Before signing your loan document, you must be aware of all hidden charges and points in the fine print. Here are some of the things that you must take a note of -
Rakesh, an engineer, had availed a loan to purchase his dream home five years ago. He had taken the loan on a fixed rate of interest, from a nationalized bank, as he wanted to plan his repayment well. ..read more..