Personal loan is unsecured loan from bank and financial institution. Personal loan can be availed by submitting the document for KYC and monthly income statement. Personal loan is popular loan in india. Because it is easy to get with minimal documentation. Loan tenure from 12 to 60 months with interest of 11% to 24% interest per annum. SBI, HDFC, Citi ...
In India, middle class people and working professional thinks that PPF and fixed deposit is best and risk free investment. These highly recommended investments return 9% per annum. But the worst part of this story is the same category of people use credit card which is 30 – 45% interest per annum or personal loan which is 12- 24 % ...
We discussed on what is credit card, credit card benefits and credit card traps in the previous posts. Everyone understands that credit card in unavoidable and in I manndia 5 crore people hold at least one credit card. Let us use the credit card responsibly and avoid credit card traps. Here we would discuss managing the credit cards, how to ...