In this post, let’s look at a few education loan products from Punjab National Bank. We will compare four education loan products from PNB. PNB Saraswati (For higher education in India) PNB Pratibha (For admission to premier institutes such as IITs/IIMs/AIIMS) PNB Udaan (For higher education abroad) PNB Kaushal (For pursuing vocational education and training)… Continue Reading
It is easier to get a loan if you are a salaried employee. Not so much if you are self-employed, proprietor or a professional. If you were not salaried when you applied for a home loan, you would know. By the way, most bank offer loans to non-salaried under the same loan products. Just that… Continue Reading
When you take a loan, you take a responsibility to repay it too. And it may happen that you may struggle to repay the loan. The reason for non-repayment could be many, ranging from loss of job and improper financial planning to poor health, disability or even demise of the borrower. In extreme cases, you could end… Continue Reading
In our parents’ generation, many had to wait almost till retirement to own a house. Now, with rising salaries and easy availability of home loans, you do not need to wait till your late 40s and 50s to purchase a house. Many want to take it to the other extreme and want to purchase a… Continue Reading
Your close friend has been planning to buy a house for a long time. However, when he approached the bank to apply for a home loan, bank insisted to getting someone to sign as a guarantor for the loan. Lenders can ask for a financial guarantor if the credit history is weak or repayment ability of… Continue Reading