Personal Loans vs. Car Loans: Understanding the Key Differences Buying a car is exciting, but let’s be honest – it can also be a pretty big expense. Whether you’re eyeing a budget-friendly ride or something that fits your lifestyle, the options are endless. But paying for a car upfront isn’t always realistic, which is where […]
Unlock Financial Freedom: Top 8 Reasons to Consider a Personal Loan What is a Personal Loan? A personal loan is a type of unsecured loan offered by banks or financial institutions to help individuals meet their financial requirements. While a secured loan requires collateral, personal loans do not require any collateral, making them a convenient […]
What is a Non-Performing Loan?
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What is a Non-Performing Loan? What is a Non-Performing Loan? A non-performing loan (NPL) is one where the borrower has not made any repayments of scheduled principal or interest for at least 90 days. To align with global standards, the Reserve Bank of India (RBI) has implemented the 90-day loan overdue norm (applicable since March […]
What is Credit Repair? How Do Credit Repair Companies Work? What is Credit Repair? Credit repair is the process of improving your credit history that may have been hampered due to varied financial reasons. This includes removing or disputing any errors or cases of identity theft. Credit repair helps to improve your credit score by […]
NACH Mandate- Everything You Need to Know The full form of NACH is the National Automated Clearing House. Managed by the National Payments Corporation of India (NPCI), it facilitates electronic transactions between financial institutions. It is a system that allows banks and other such financial institutions to automate recurring payments. This ensures faster transactions and […]
Top 10 Electric Scooters in India for First-Time Buyers Electric scooters are becoming a popular option for commutes in India, offering an eco-friendly, convenient alternative to traditional vehicles. The market has varied options to cater to different needs and budgets, offering features like fast charging, touchscreen dashboard and so on. Since they have lesser complex […]
Top 12 Non-Banking Financial Companies in India 2025 A Non-Banking Financial Corporation (NBFC) is a company that is registered under the Companies Act, 1956 whose operations are managed by the Ministry of Corporate Affairs and the Reserve Bank of India. They offer financial services like instant personal loans, asset financing, insurance services,investment services, microfinance, real […]
20 Amazing Places to Explore During New Year with a Travel Personal Loan Why Use a Travel Personal Loan for Your New Year Trip? As the new year approaches, most people plan a trip to their dream destination.. From planning to booking tickets to accommodation, the travel costs add up significantly. It is a good […]
Top 10 Best Scooties in India (2025) In a price-sensitive country like India, scooters are preferred over bikes and cars due to their cost-effectiveness, ease of navigating traffic, and fuel efficiency. With the growing popularity of electric scooters, demand is set to rise even further. To find the best scooter in India in 2025, consider […]
What is Mutual Fund’s Risk: 6 Ways to Measure a Mutual Fund’s Risk? Investing in mutual funds is one of the popular ways to grow your wealth. While mutual funds give great returns, they come with inherent risks. Thus, before investing in any type of mutual fund, it is important to set your financial goals, […]
How to Calculate Interest And Principal Amount in EMI? EMI (Equated Monthly Installment) is a fixed amount you pay every month to repay your loan. It has two parts: interest and principal. The principal is the original loan amount you borrowed.The interest is the fee charged by the lender for giving you the loan. At […]
What is personal loan settlement? How Its Effects on Your Credit Score A personal loan can take care of your financial needs when you are short on funds or need to make an expensive purchase. However, as a borrower, it is important to understand your repayment capacity before taking up any loan. Any borrower who […]
