Author: Loans Mantri
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…
Weddings are a big deal in India. They’re not just about tying the knot; they’re a grand celebration that often comes with a hefty price tag. From the lavish venue to the intricate jewelry, every detail counts. But let’s face it—financing a wedding can be overwhelming. That’s where a gold loan comes into play. This wedding season, a gold loan can be your ticket to making your dream wedding a reality without stressing over finances. Why Consider a Gold Loan for Your Wedding? Gold loans are becoming an increasingly popular option for financing weddings in India, and for a good…
Gold has always held a special place in our hearts, especially in India. It’s more than just a shiny metal; it’s a symbol of wealth, tradition, and security. But with the introduction of GST (Goods and Services Tax), buying gold isn’t as straightforward as it used to be. In 2024, the impact of GST on gold purchases is something every buyer needs to understand. Let’s dive deep into how GST is changing the way we buy gold today and why it matters to you. What is GST and Why Does it Matter? GST is a tax system that was introduced…
Starting a gym franchise in India is an exciting journey, but it comes with one big challenge: money! Financing your gym franchise business might seem tough, but with the right steps and knowledge, you can make it happen. Let’s dive into the details on how to get the funds you need to make your fitness dream come true. 1. Understanding the Gym Franchise Market in India First, let’s talk about why gym franchises are booming in India. With more people focusing on health and fitness, gyms are popping up everywhere. The fitness industry is growing rapidly, and owning a gym…
Taking out a personal loan can be a helpful way to bridge a financial gap, whether it’s for medical expenses, debt consolidation, or a dream vacation. But one of the key decisions you’ll face is choosing the right loan tenure. In India, personal loan tenures can range from 12 months to 60 months, and the choice you make can significantly impact your monthly payments and the total cost of the loan. In this blog, we’ll explore the pros and cons of short-term and long-term personal loans in India, helping you decide which option is best for your unique financial situation.…
India’s real estate market, a vibrant and dynamic landscape, offers lucrative opportunities for savvy investors. However, navigating the initial capital hurdle can be a daunting task. Enter the home equity loan, a financial tool that unlocks the hidden potential of your existing property, paving the way for strategic real estate investments. Understanding Home Equity Loans: Put simply, a home equity loan allows you to borrow against the built-up equity in your owned property. This equity is the difference between your property’s current market value and the outstanding loan amount, if any. Essentially, you’re leveraging your existing asset to access funds…