Author: Loans Mantri
For many Indian students, studying overseas is a dream, but the financial burden of foreign education may be overwhelming. Particularly in a nation like the US, UK, Canada, or Australia, where education is very expensive, all elements, including tuition fees, living expenses, and travel costs, start adding up quickly. Most families struggle with organizing big sums of money at once; hence, an education loan would be a great financial instrument for someone wishing to study overseas. Fortunately, Indian banks and financial institutions provide students a lifeline in collateral-free education loans of up to ₹20 lac for overseas study. These are…
If you have an ongoing personal loan but are unhappy with the current interest rates or repayment terms, an instant personal loan balance transfer could be a great solution. This process allows you to transfer your existing loan from one lender to another, often at better terms. Here are four key things you should know about a personal loan balance transfer. What Is a Personal Loan Balance Transfer? A personal loan balance transfer is when you move your outstanding loan amount from one financial institution to another. This is typically done to take advantage of better interest rates, improved repayment…
Personal loans are a popular financial solution when you need quick funds for various reasons—whether it’s for home renovations, medical emergencies, or travel plans. But before applying, it’s crucial to know how much you’re eligible to borrow. This is where a personal loan eligibility calculator becomes a handy tool. It helps you assess how much loan amount you can secure based on your income, financial obligations, and other factors. In this article, we’ll explore five key benefits of using a personal loan eligibility calculator and why it’s essential when applying for a loan. Accurate Assessment of Loan Eligibility The primary…
Starting or expanding a business requires money, and not everyone has enough savings to cover all the costs. That’s where business loans come in. If you’re looking for a way to get a loan quickly and efficiently, applying for a business loan online might be your best option. And the good news? You can get a loan for up to Rs. 80 lakh! Let’s walk through everything you need to know about applying for an online business loan, so you can secure the money your business needs in the fastest way possible. What is a Business Loan? A business loan…
Expanding your business is a big move! It means your company is growing, and you’re ready to reach new heights. But let’s face it—business expansion often requires more capital than what’s available at hand. This is where loans for business expansion come into the picture. In India, several financial institutions offer business loans specifically designed to fuel business growth. Let’s dive into the top 6 business expansion loans you can avail of in India. Whether you need to open a new branch, buy new machinery, or increase your workforce, these loans can provide the funding you need. Here’s a look…
If you are planning to buy a two-wheeler or motorcycle in India, understanding the Goods and Services Tax (GST) can help you make an informed decision. GST impacts the final price of the vehicle and varies based on the category of the two-wheeler you choose. The GST on two-wheelers/motorcycles has been a subject of much debate and evolution over the past few years, with new tax rates and policies introduced as recently as 2024. In this blog, we’ll break down the GST tax rates on two-wheelers and motorcycles, explain the HSN (Harmonized System of Nomenclature) codes, and give you a…
Starting your own business can be super exciting, but let’s face it—it can also be overwhelming, especially when it comes to finding the money to kick things off. Whether you’re dreaming of opening a café, launching an e-commerce site, or setting up a consultancy, you’ll likely need some cash to turn that dream into a reality. A business loan might be exactly what you need. But how do you get one? And, more importantly, how can you increase your chances of being approved? In this guide, I’ll break down everything you need to know about getting a startup loan for…
Starting or growing a business is super exciting! But sometimes, the biggest challenge isn’t your great idea, it’s the money. Small business owners often need financial help to get things rolling or to expand. And guess what? Small business loans can be a game-changer! But finding the right loan can feel like a tricky puzzle. Don’t worry! Whether you’re looking for a new business loan or you want to apply for a business loan online, this guide will make everything clear and simple. So, let’s dive in and figure out which resources can help you get the best business loan…
Starting or expanding a business is exciting, but it often comes with one major challenge—money! Whether you’re launching a new business or trying to grow your existing one, you might need a business loan to get things off the ground. But how can you make sure getting a loan is easy and hassle-free? Let’s talk about how you can get a business loan online in the simplest way possible. If you’re wondering about the steps, eligibility, or what to expect, we’ve got it all covered here! Why Would You Need a Business Loan? Before diving into the details of applying…
In India, everyone needs a personal loan at some point—whether it’s for a wedding, medical emergency, or even a dream vacation. But before you rush to the bank or click “Apply Now” on that loan app, there’s one thing you need to check: your credit score. That’s right! Your credit score is the key that can either unlock your loan or slam the door shut. In 2024, with financial institutions becoming stricter, understanding why your credit score matters is more important than ever. What is a Credit Score? A credit score is a three-digit number that represents your creditworthiness. In…