Author: Dan ride

Why is it Useful to Apply for a Personal Loan?

Dan ride
Mutual fund schemes

A Personal Loan can help you manage major financial crunches effortlessly. Thus, it is one of the highly availed financial products in India. People avail Personal Loans for all types of funding necessities starting from household to business to medical emergencies. Moreover, as studies reveal, NBFCs in this country will grow around 25% to 30% in the coming years which will also increase the competition in the lending market. Nevertheless, each of them competes to offer the best features and benefits which are beneficial to borrowers in many ways. People…

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Got an Appraisal? Don’t Let Your Money Sit Idle, Invest in FD

Dan ride

Appraisal money can be invested in two ways – keeping it in savings account and investing it in a Fixed Deposit. While a savings account would grow your money at an interest rate of 4% to 6%; a Fixed Deposit can help it grow up to 7%. In simple terms, if you have got an appraisal or bonus of Rs. 2000, a savings account would increase up to Rs. 2040 at the end of a year. However, if you put that money in a FD, your money would grow up…

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