Bank

Education Loan

What is an Education Loan? An Education loan is an amount borrowed from any financial institution to finance education expenses. It is simply monetary assistance provided to students who wish to pursue higher education.  It may be in the form of funds, scholarships, and rewards that are granted in cash that is to be repaid …

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All About CIBIL Score

What is a CIBIL Score? A CIBIL score is a numeric value showing the value of your credit score.  This may vary between 300 to 900. A CIBIL score of 750 or above is considered a good credit score used to apply for different kinds of credit facilities like credit cards, or even personal loans. …

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Home Loan Tenure

Home loan tenure is the period in which the loan amount is to be repaid.  This may vary from bank to bank depending on their terms and conditions.  The home loan tenure depends on the loan amount also. The period of home loan implies the period of repayment that is to be made by the …

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Refinancing a Loan

Refinancing a loan refers to the process of revising an already existing terms of a credit agreement.  It is replacing the terms of the agreement which usually relates to a loan or a mortgage. When there is a thought of refinancing a credit obligation, it is effective to make favorable changes be it on the …

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