Personal Loan Blogs

EMIs have improved access to retail. We see EMI options everywhere right from phones, laptops, appliances and many more. Nowadays, you don’t even require a credit card to convert your expenses into an EMI. You can just use your debit card.  But here’s the real question most people ask:  Does debit card EMI affect credit scores?  Let’s break it down in simple, conversational language so you know …

Imagine this: Your loan EMI is due on the 5th. You assume everything is fine. A day later, you receive an EMI bounce message from your bank saying the payment failed due to insufficient balance. That’s when you first hear about EMI bounce charges and realise they’re more serious than they sound. Let’s break it down in simple terms, with real examples and data so you know exactly what you’re dealing with.  …

Public Provident Fund (PPF) is an investment plan for individuals that is totally backed by the Government of India. It is known as one of the best long-term savings options. Moreover, you can take out a PPF loan against your balance instead of breaking your savings.  A loan out of the PPF is a smart option for your short-term financial needs, which, at the same …

If you’ve ever applied for a loan, you’ve probably come across the term collateral. You must have wondered what it means and why lenders care so much about it.  Simply put, collateral means an asset you pledge to a lender as security for a loan. In any circumstance you fail to repay the loan, the lender has the legal right to seize and sell that asset to recover their money.  …

Getting a loan used to mean long forms, long queues and waiting for weeks. That’s not the case anymore. Now, you can apply, get approved and receive money in minutes – all through your phone. But here’s the big question: which one is better between an app-based loan vs traditional loan? Now, both these options …

If you already have a personal loan and want to cut your EMIs or borrow more, you have 2 smart choices – a balance transfer or a top-up loan. Both help you manage your loan better but serve different goals. A balance transfer moves your loan to another lender with a lower rate. A top-up …

A wedding is one of the happiest milestones in life. And like every big goal, it needs some financial planning. If you’re a salaried professional, starting early can really help. Setting a budget, saving a little each month or exploring loan options keeps you ready when the big day arrives. If you’re wondering how salaried …

The ‘Destination Wedding’ trend is catching up really fast with Indians. More and more couples today are planning to tie the knot away from their hometowns. Some go for palatial resorts, beaches or even mountain and lakefront venues. Now, as lucrative as this sounds, destination wedding cost India can stack up really fast. To stay …

Indian weddings are like a big, beautiful carnival. Full of colour, laughter and endless celebration. But it’s rarely easy on the pocket. Things like decor, food, outfits and travel all add up before you even realise it. And no matter how much you plan, the expenses always seem to keep growing. In fact, the average …

Expenses don’t always come announced. There are also times when you account for less and end up needing more funds. A little financial boost, like a personal loan can save the day in such situations. But banks can take too long and ask for too much paperwork. NBFCs make things easy when you need quick …