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
Insurance frauds might not be a term we often hear in news or otherwise. Know the Tips and Types of Insurance Frauds and how you can avoid them.
Buying Car Insurance From a Dealer? Know the pros and cons associated with insuring the car through a dealer
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.
Learn about the Life insurance choices for young adults 30 and also know life insurance tips for people under 30.