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
If you want to start business in India,GST Registration is must. Government plans insurance scheme for GST-registered small traders. Read more
Its better to know the technicality of the language used in the Car insurance policy that will ensue. Here is a list of a Car insurance technical terms.
Health Insurance Exclusion - Know about various exclusions in Health Insurance Policies like Pre-existing diseases, Alternative therapy, Waiting period and more. Read more!
Life insurance plan is purchased to insure your life. Know the important features of life insurance you should be aware of.