Everything you should know in the world of Finance

Having an insurance plan helps protect your family and can also be used as security to get a loan when you need money urgently. Instead of cancelling your policy early and losing its benefits, you can take a loan against it from banks or financial companies. This article explains the easy steps to apply for loan against insurance policy.

Today, many things can be done online. You can buy groceries or book movie tickets from your phone. Now, you can also apply for mutual fund loan online without going to a bank. You can do everything online in a few easy steps.

Many financial institutions and lending companies now allow you to apply for a loan against mutual funds online. This makes it easy for people who have invested in mutual funds to get money quickly when they need it. If you want to know how to get a loan against your mutual funds online, this guide will help you.

Mutual funds have become an integral part of many investors' portfolios over the years. With good returns potential and diversity, mutual funds can be useful for various financial goals. However, there may be situations when you require funds for emergencies or other expenses but do not want to redeem your investments. This is where taking a loan against mutual funds can help.

As more investors discover the flexibility and convenience of borrowing against their mutual fund holdings, loans secured by investment portfolios are gaining prominence. However, volatile stock markets and economic uncertainty can have an impact on eligibility, loan amounts, and interest rates. This comprehensive guide examines how macroeconomic factors and capital market movements influence loans on mutual funds.

If you need money but don’t want to sell your mutual funds, you can get a loan against them. This means you use your mutual fund units as security to borrow cash from a bank or Non-banking Financial Company (NBFC). You keep your investments and get quick funds for emergencies or short-term needs. This option helps you avoid losing out on potential future gains from your mutual funds while solving your immediate cash problems.

Overdraft facilities can provide businesses and individuals with useful access to extra short-term funding when required. Typically, financial institutions have certain criteria that applicants need to meet to get approved for overdraft facilities. This article will explore the key eligibility criteria for overdraft facilities.

What Is an Overdraft Facility?

An overdraft facility is a form of flexible borrowing solution from a financial institution to help cover costs in times of financial distress or when expenses unexpectedly exceed accessible funds.

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.

A personal loan is often necessary to meet big expenses like buying a car, home renovation, paying for higher education, wedding expenses, medical emergencies, etc. While getting a personal loan is easier nowadays, your eligibility and interest rate depend greatly on your income stability and credit score. This is where having a salary account can help you get a personal loan more easily and on better terms.

This blog will discuss the benefits of having a salary account when applying for a personal loan.

Many people take personal loans to cover unexpected expenses or big purchases. When you first apply, you choose how much money you want to borrow. But sometimes, you might need more money later on. Luckily, you can ask the financial institution to increase your loan amount after you've already received the money. This is called a top-up loan.

In this article, we’ll see how you can increase your personal loan amount or take a top-up loan whenever necessary.