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Touchless personal loans are digital or app-based loans through which one can avail loans from licensed NBFCs, banks and other financial institutions
Overdrafts allow you to continue withdrawing from your savings or current account even after your balance is zero
With average home loan interest rates hovering between 6.65-6.90%, borrowers now want to repay their mortgages as fast as possible
To repay a loan, usually three types of payment methods are allowed — standing instructions, post-dated cheques and electronic clearing service
Microfinance institutions further the cause of financial inclusion as they lend to those who are often too poor to get loans according to conventional banking norms
About 16 per cent of respondents said that they would like to take a loan for more than 25 years
Housing Loan Tenure: An analysis of HDFC’s customer profiles in the last five years shows that the average loan size is on a steady increase while average loan term shrinks to 11 years
The total volume of home loan market in the country is about Rs 16 trillion, which is dominated mainly by SBI, HDFC and LIC Housing Finance
Every retail borrower waiting to restructure loans should take a close look at the bank’s policy. By opting for moratorium or extended tenor, you will end up bearing a cost
MUDRA loans were launched to boost grassroots-level entrepreneurship and self-employment in the country