Loanfasttrack
Loanfasttrack Wealth in Your Hand
The SIP (Systematic Investment Plan) investment is a new generation investment plan which emerged as the best tool for earning higher returns by investing small and equal amounts at regular intervals into a mutual fund, trading account or retirement account, etc. Mutual fund SIPs however has gained much importance over the last 15 years and …
The Banking Surrogate means ascertaining the eligibility of the customers only on the basis of his banking statements. This product is specially designed for the customers who earn variable income/ profits per month i.e. for the self-employed customers. The fixed income earners like those of salaried class are not considered under this product to qualify …
An corrected market is an opportunity call to invest into tumbled stocks. The history of stock exchanges and the stock trading has witnessed numerous incidents of people becoming rich overnight as well as impecunious at the same time. People therefore have advanced in saying the stock market is a gamble, an authorized legal gamble. Not …
The study says the root cause of every nine out of 10 Indians is stress, mainly financial stress. Money, the most important factor in all’s life, is the source of pleasure and also the cause of extreme pain. The famous Bollywood song replicates this as, “Na biwi na bacha, na baap bada na maiya, the …
Introduction Food, clothing, and shelter are our basic needs. At some point in time, we all invest in immovable asset i.e. property. We may invest in residence/ home, commercial property, office spaces, or even buy commercial or residential plots. Apart from adding to assets in our balance sheets, the property also helps you to raise …
Home loans top the segment of secured loan business of the banks. The EMIs option further makes it easier for the loan borrower to purchase his dream home. EMIs help to take away the burden of paying upfront the huge cost of the house. It is the fixed amount of money that the loan borrower needs to pay …
Meaning: A co-applicant in a home loan means a Co-borrower of the loan. He is a person who applies for a loan along with the borrower and accepts the responsibility for repaying a debt along with the primary borrower. Who can be a Co- applicant? 1) A Co-applicant has to be in blood relation to an applicant. He can either …
When a borrower’s home loan application gets approved by the bank, the bank intimates the borrower of the loan approval by issuing a SANCTION LETTER. The sanction letter so provided mentions all the facts, figures (loan amount), conditions as well as the PSD conditions including the banking terms and policies about the rate of interest. Let us …
Amit applies with bank for his home loan requirement. Apparently his loan application gets rejected on account of poor CIBIL record. Amit never bothered to check nor did he keep track of his CIBIL history until recently when he faced rejection for his home loan requirement. Like Amit there are many who do not bother …
A home loan segment of the bank tops the highest business in the loan industry. Everyone goes for a home loan atleast once in his lifetime. Since it is the huge and lifetime investments of the borrower’s hard earn money, selecting the best bank for home loan becomes equally important. The borrower compares series of …