Everything you should know in the world of Finance

Gold loans are a popular financial solution, especially in markets like India, where gold holds cultural and economic significance. By pledging gold as collateral, individuals can access funds while retaining asset ownership. Understanding how to calculate interest rates on gold loans is essential for borrowers seeking to manage repayment effectively.

Are you planning to take out a loan to buy a two-wheeler? Financing the bike through a loan involves a critical decision: opting for a fixed or floating interest rate loan. The interest rate you pay significantly impacts your financial planning and loan affordability, so it's crucial to thoroughly understand the differences between fixed and floating rates before choosing one.

This blog breaks down the key difference between a bike loan's floating and fixed interest rates to help you make an informed decision.

India’s love affair with bikes is undeniable. They’re convenient and cost-effective, and they make navigating India’s bustling roads much easier. While the market is flooded with options catering to a wide range of budgets, not everyone is looking for high-end bikes. Many buyers seek affordable yet reliable brands that offer a good blend of performance, mileage, and style without burning a hole in their pocket.

A Fixed Deposit (FD) is a financial instrument banks and NBFCs provide that offers stable returns over a predefined period. It is one of the most popular investment options for Indians looking for safe and secured returns.

Whether you run a delivery business, manage a rental service, or need a bike for transporting goods, a two-wheeler can be an affordable and efficient choice. For business owners, availing of a bike loan for commercial use allows the flexibility to start or expand services without a significant initial expense.

This article offers a step-by-step guide to applying for a commercial bike loan, highlighting key factors, benefits, and essential steps.

Deciding between a credit card or a personal loan can be tricky. Both offer access to funds that can be used for major purchases or emergencies but work differently. Understanding the key differences between credit cards and personal loans can help you choose the better borrowing option for your specific financial needs.

Paying your loan on time is important to avoid any extra charges. If you miss a payment, some of the loan providers offer a grace period, which gives you a little extra time to make the payment without penalties. But you can face late payment charges if you fail to pay even during this grace period. It's important to understand these terms to manage your loan effectively. Keep reading, as this article will explain what grace periods and late payment charges are and how they work.

If you’ve taken a loan to purchase a two-wheeler, transferring your existing loan to a financial institution with better terms can be a game-changer. NBFCs are trusted names in the lending sector that offer seamless loan transfer services, allowing you to enjoy flexible repayment options and better customer service.

So, do you want to know how to transfer a bike loan to NBFC? Keep reading, as this article answers the question in detail.

Buying a two-wheeler is an important milestone in life. But not everyone can pay for the dream ride in a single go. Two-wheeler loans allow people to get their preferred bikes or scooters by breaking the cost into monthly instalments. But before getting a financing option, the bike loan interest rate influences how much you pay. This article provides insights into the interest rates from non-banking financial companies for two-wheeler loans.

A bike loan can assist you in getting closer to your dream two-wheeler. During the application process, one has to sign an agreement while securing the loan amount for your motorcycle. The loan agreement contains all the crucial information about the loan, including the interest rate, repayment, and charges. It is crucial to note that this is not a mere formality but a crucial part of borrowing. So, always remember to carefully check the terms and conditions of a bike loan while signing your agreement.