Loan can be a property, money or any other material goods that is given to another party for an exchange to pay in future the loan amount as well as the interest on it. Loans permit growth in overall supply of money in the economy by offering funds to new businesses.
When you borrow money during the time of need, either from a bank, a financial institution, family or friends, it is termed as ‘loan’. 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 of urgent financial need. These financial emergencies can be; medical emergencies, funds for education wedding, business or for renovating or buying a home.
Life Insurance policy is to cover your family members from financial burden in case of your death. Read more about Few tips before considering loan against your life insurance policy.
Mortgage Insurance Premium is meant to protect you if you fail to repay the amount on account, and also know Mortgage Insurance Benefits and Features
We all know how unpredictable life is,one of those harsh realities of life.Read on the reasons why you must not delay to buy a term insurance and should therefore buy when young.
Couples caught in the bliss of marriage are prone to hold joint assets read the following modifications and necessity made in the Insurance Policy.
Pension Plan is the best option to ensure safe, tension free and finanically secured retired life. Check and understand all the features of pension plan.
Insurance companies offer an inclusive range of term insurance plans in order to fulfill the requirement. Read the basic types of term insurance plans available in the Indian market.