All You Need to Know about SBI Student Loan Scheme

Higher education is getting expensive every day. For many families, such education must be financed through an education loan. All the banks and NBFCs provide education loans. In this post, I will discuss a popular education loan scheme from the State Bank of India: SBI Student Loan Scheme. SBI Student Loan: Important Things to Know Eligibility:… Continue Reading

What Is a Bridge Home Loan?

You are planning to move from your existing house to a bigger house. You plan to sell your existing house to fund the purchase. However, there is a minor problem. To purchase your new house, you need the sales proceeds of your existing house. Now, closing a deal (acceptable to you) may take some time. How do… Continue Reading

What are Earnest Money Deposit Loans?

What is Earnest Money Deposit? As per Investopedia, Earnest Money is a deposit made to a seller showing the buyer’s good faith in the transaction. Earnest Money Deposit is useful in transactions where the buyer has an option to back out at a later date for any reason. If the buyer backs out of the deal,… Continue Reading

Muthoot Finance Gold Loan Products

In this post, I will list down various gold loan products from Muthoot Finance. We have done a primer on gold loans in an earlier post. We have discussed a gold loan product from Axis Bank too. Coming to Muthoot Finance, you will be amazed at the number of loan products a gold loan company like… Continue Reading

Mudra Loan for Small Businesses

MUDRA stands for Micro Units Development and Refinance Agency Ltd. MUDRA was setup by the Union Government in FY2016 to provide funding to non-corporate, non-farm small business enterprises and entrepreneurs. The biggest problem that small businesses and entrepreneurs face is that of funding. It is a known fact that banks and financial institutions are not very… Continue Reading

Bajaj Finserv Flexi Loan — Our Review

A few days ago, I watched an interesting TV commercial for a personal loan product from Bajaj Finserv. The product is Bajaj Finserv Flexi Loan. Let’s find out more about the product. How Does the Bajaj Finserv Flexi Loan Work? Think of it as a credit line. You can withdraw/borrow or repay as many times as… Continue Reading

Axis Bank Gold Loan — A Review

Most Indians have a fondness for gold. And it is not just for ornamental purposes. Many use it for investment too. It is an asset they think they can always rely upon in case of any needs. Fair enough. In an earlier post on gold loans, I had discussed how you can use your gold to take… Continue Reading

Axis Bank Asha Home Loan — A Review

In an earlier post on home loan for borrowers in the low and middle income segment, I had reviewed PNB Housing Unnati Home Loan Scheme. In this post, I will review Axis Bank Asha Home Loan Scheme that is targeted at the same segment.  You can take this loan for Purchasing a ready, under-construction or… Continue Reading