personal loan – Page 3 – Loanfasttrack

Everything You Must Know About NRI Home Loans

September 21, 2022 by admin

Defining NRI We all know that NRI stands for Non-Resident Indian. But the official definition of NRI as per India’s Foreign Exchange Management Act 1999 (FEMA) defines NRI as, “an Indian citizen or Foreign National of Indian Origin resident outside India for purposes of employment, carrying on business or vocation in circumstances as would indicate …

What Do You Mean By Loan Eligibility In Home Loan?

September 6, 2022 by admin

Loan Eligibility in broad terms means your ability / capacity to avail the loan from lender banks/ NBFCs. It the measurement tool of the banks to decide to lend what quantum of funds on the basis of your financial credentials (Financial credentials means your income, other obligations, additional source of income, etc. i.e. all financial …

Know How Your Home Loan Inquiry Impacts Your CIBIL Scores

September 13, 2022 by admin

People in general call it a myth that every time you inquire about a loan there is a drop in your CIBIL score. However, it may be wrong to say that they are fully correct, but yes it can be claimed that they are partially right to a extent, and also simultaneously unknown and unaware …