Fixed Interest Rate Vs Floating Interest Rate
What is a Fixed Interest Rate? People who take for Fixed Interest Rate show that people must repay the loan in equal EMI instalments as per the loan tenure. The benefit of the fixed interest rate is that it would not change even if there are fluctuations or changes in the financial market conditions or […]
HOW CAN I USE DIGITAL RUPEE OR E-RUPEE?
What is Digital Rupee or e- Rupee? An electronic book exists as a digital token that represents money. distributed in the same way. The digital rupee is a planned version of the Indian rupee issued by the Reserve Bank of India as a central digital currency. Digital rupee and silver are worth the same. Digital […]
EVERYTHING YOU NEED TO KNOW-ABOUT PERSONAL LOAN FOR DOCTORS
Everything you need to know about personal loans for Doctors Doctors can earn a good income, but they often face financial difficulties. This is especially true for doctors who have their own clinic or practice. Therefore, in some circumstances, financial assistance may be required. Personal loans for doctors can meet this demand and make life […]
SOME FEATURES OF SAVING & CURRENTS ACCOUNTS
What is a Saving Account? A savings account is perfect for someone who is employed or has a monthly subscription. A savings account is an account that many people choose to keep a certain portion of their income for themselves. A type of bank where you can deposit, earn interest, and withdraw money at any […]
LOAN AGAINST PROPERTY-CHARGES & ELIGIBILITY
What is Loan Against Property? A loan Against Property is a secured loan that is sanctioned against the asset pledge as collateral. The Asset can be owned land, a house, or any other commercial premises. The assets remain as collateral with the lender until the entire Loan Against Property amount is paid. A Loan Against […]
LIST OF FACTORS TO CONSIDERED WHEN MAKING INVESTMENT DECISION
What is Investment? It is an investment or item designed to generate income or recognition. In finance, an investment is the purchase of assets that are not consumed today but are used to create wealth in the future. In finance, an investment is a financial asset that is purchased in the belief that the asset […]
WHY SHOULD I CHECK MY CREDIT SCORE?
What is a Credit Score? CIBIL Score is a three-digit numeric score, which gives the summary of your credit history. CIBIL Score is provided by the organization (TransUnion CIBIL Limited) who has all data of each individual, businesses, or organizations. Credit score range starts with 300-900. The closer your score is to 900, the better your credit […]
HERE ARE MORE INFORMATION ABOUT LOANMONEY
About LoanMoney We are a young and energetic team with diverse backgrounds in finance, accounting, consulting, technology and administration to facilitate the lending process in India. The financial transaction is associated with multinational banks such as Deutsche Bank, HSBC Bank, Standard Chartered, Indian private bank HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, etc. non-bank […]
ONE TIME PASSWORD (OTP)
In a world where corporate telecom fraud is rampant, wouldn’t it be nice if there was a way to know you’re talking to the right person? One-time passwords (OTP) and two-factor authentication (2FA) have proven to be effective solutions to protect users around the world. In fact, the demand for mobile security is so strong […]
RULES & REGULATION OF PERSONAL LOAN IN INDIA
If there is a type of loan that is commonly known as a personal loan, it is the one preferred by all. It is versatile, easy to obtain, and can be used for different purposes by different people. It can be used for many purposes and requires no warranty. There are many lenders in the […]