Loan can be a property, money or any other material goods that is given to another party for an exchange to pay the future payments of the loan amount as well as the principal amount including the finance as well as the interest charges. Loans permit growth in overall supply of money in the economy by opening up competitions by offering funds to new businesses.
When you take a financial help or borrow money during the time of need, either from any bank or a financial institution or family or friends, it is termed as ‘loan’. Loan can be taken from any financial institution such as Banks, NBFCs for a particular tenure for fulfilling your personal financial needs. There are different types of loans that are available for catering to your various financial needs such as a home loan, car loan, personal loan, education loan, business loan, etc. You may apply for a Loan in case you need urgent financial need. These financial emergencies can be; medical emergencies, education financial needs, money required for wedding, to initiate a business or for renovating or buying a home. Simply put, loans aid in any monetary assistance in emergency.
Term Insurance Premium Calculator - The Term plan calculator gives you the most attractive term insurance plan, here are some lesser known facts about the term plan premium calculator
Health Insurance Terminology - Knowing health insurance terms and definations that will help you select the best health insurance plan for .you and your family. Read now!
Health insurance cover - Learn everything about an opd cover as an add on to your health insurance plan. Also understand the key features of health insurance with opd coverage
Life Insurance Premium - There are many factors that determine your life insurance policy premium. You can read about all of them in this detailed guide
Term Insurance - There are many myths about term insurance plans. Here are four myths being busted about term plans and how this can help customers choose a good plan
If you've decided to buy a life insurance policy, Here are 7 Things to Know Before Paying Life Insurance Premium