Searched for
PREPAY GOLD LOAN
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorpMuthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its curr...
‘Good son’ lets parents take loans in his name, ends up buried under ₹65 lakh debt; saves just ₹10K from ₹1.4 lakh/month salaryA man faces ₹65 lakh debt after repeatedly bailing out his parents' failing businesses. Despite a good income, his finances are strained. H...
Muthoot FinCorp eyes Rs 600 crore via issuance of retail bondsGet ready for an exciting investment opportunity! Muthoot FinCorp is rolling out a bond issue, aiming to gather as much as ₹600 crore to bo...
Muthoot Fincorp unveils Rs 600 crore retail bond issueMuthoot FinCorp is raising up to Rs 600 crore by selling bonds to retail investors. The bonds offer yields between 8.70% and 9.10%. This fu...
Wealth Hack of the Day: Save Rs 18.31 lakh on Rs 50 lakh home loan with this prepayment trickA prepayment strategy can significantly reduce your home loan tenure and interest payments. By paying one extra EMI annually on a Rs 50 lak...
Gold loan repayment: Which method saves you the most money? A simple guide for every borrowerGold loans offer quick liquidity, but choosing the wrong repayment method can significantly increase your interest burden. From regular EMI...
Indel Money launches Rs 300 crore secured NCD public issue to fund lending, repaymentsIndel Money is launching its sixth public issue of secured Non-Convertible Debentures. The issue opens on October 13 and closes on October ...
Mend ways or face more curbs: RBI to banks, NBFCsThe RBI warned banks and finance companies to prudently manage unsecured exposure levels to avoid systemic risks. Despite rising bank profi...
Indel Money announces 4th public issue of secured NCDsGold loan non-banking finance company Indel Money on Wednesday announced the 4th public issue of secured NCDs of face value of Rs 1,000 eac...
Gold loan: 10 banks offering best gold loan interest ratesDue to the minimal documentation requirements, affordable gold loan interest rates, and customizable tenures, getting a loan against your g...
'Loan against mutual funds is economical, provides greater repayment flexibility'Loan against mutual funds units has existed in the past, but investors stayed away from it due to the tedious process like multiple visits ...
Bank of Maharashtra launches special monsoon offer; waives charges on loansBOM announced a monsoon offer, waiving the full processing fee on its housing and car loans. Under 'Retail Bonanza-Monsoon Dhamaka' startin...
Banks offering the cheapest gold loansA gold loan is a loan that is backed by gold. It is a secured loan in which the lending bank/NBFC takes gold items as collateral, such as g...
Indel Money launches Rs 150 crore NCDThe secured and unsecured NCDs come with a face value of Rs 1,000 each. The issue includes a base issue size for an amount of up to Rs 75 c...
Bank of Maharashtra waives processing fee on gold, home, car loans till September 30The bank's executive director Hemant Tamta said with the 'Retail Bonanza-Monsoon Dhamaka' offer, the customers will be benefit from lower r...
How to apply for gold loan using SBI YONOOne can avail a gold loan using SBI's YONO platform. One can avail the gold loan at 8.25% interest rate till September 30, 2021, which is 0...
Do you have multiple high-cost small loans? Here’s how you can replace them with one big, low-cost loanThe quantum of the gain from replacing the high-cost debt with a new low-cost loan will depend upon how low the interest rate is on the new...
Muthoot launches new gold loan schemeKerala-based Muthoot Finance Ltd today launched its new gold loan scheme called 'Muthoot Advantage Loan'.
Forced to prepay gold loan? Here's what you can doHere's what you can do if you have been asked by your bank to prepay the entire gold loan immediately or increase the collateral.
- Distinguish good from bad loans to stay debt-free
A loan which leads to the creation of an asset is not bad, provided the quantum of loan should be within the repaying capacity of the perso...