Reserve Bank of India | EMI relief for 3 Months | Best Bank Loan Consultants in Chennai Tamil Nadu India
| | | | | | | | | | |

RBI’s 3 months Term loan EMI repayment pause: Experts’ outlook

RBI’s 3 months Term loan EMI repayment pause: Experts’ outlook Three month pause in EMI repayment for term loan borrower RBI Governor announces three month pause in EMI repayment for term loan borrower. The EMI Pause is between March 1st 2020 and May 31st 2020. As per RBI data as on Jan 2020 there is…

Non Banking Finance Company NBFC vs Banking Finance
| | | | | | | | | |

NBFC Non Banking Finance Company vs Banking Finance

NBFC and Banking Finance NBFC, a company registered with ROC under Companies Act, 1956 Non Banking Finance Company in short is NBFC. An NBFC is a company registered with ROC under Companies Act, 1956. NBFC is a company that offers banking services to people without a banking license from RBI. Non Banking Finance Companies are…

Availing a bank loan is simple and easy. The Banks follow a systematic procedure for approval of loans. Thus, Bank Loan approval depends of factors like credit score, Loan amount, repayment tenure, interest rate and other market factors
| | | | | | | | | |

Rate of Interest in Various Banks in India

What is Rate of Interest in Various Banks in India? Banks offer loans that need settlement with principle + interest for an agreed period. In fact, The first factor any borrower will be curious to know is about the rate of interest on loan offered by various banks. Of course, Rate of interest is one…