Author: Nisha Chawla

In today’s fast-moving world, unexpected financial needs can arise anytime — medical emergencies, urgent travel, or even wedding planning. In such situations, a personal loan can act as a financial cushion. But if your monthly salary is on the lower side, like Rs. 25,000, you might wonder — Can I even get a personal loan on this income? The good news is, yes, it is possible, but it comes with conditions and limitations. Let’s understand in simple language how personal loans work for lower income brackets, what banks or lenders expect, and how you can increase your chances of getting…

Travelling through airports can be tiring, especially during long layovers or delays. Airport lounges give you a peaceful and comfortable space to relax, enjoy free food, access Wi-Fi, and freshen up before your flight. Many people think that only credit cards offer lounge access, but that’s not true anymore. In India, several debit cards also offer free airport lounge access, which is great for frequent flyers who want comfort without using a credit card. Let’s understand which debit cards in India provide the best airport lounge access, their charges, and benefits. Why Choose a Debit Card with Lounge Access? You…

Owning a car has become more of a necessity than a luxury, especially for Indian families and professionals who need safe and convenient daily travel. But not everyone can pay the full amount of a car upfront. That’s where car loans help. Whether you’re buying a budget hatchback or a mid-size SUV, a car loan spreads your cost into manageable EMIs (Equated Monthly Installments). But how much do you actually pay in interest on a car loan? And how do different banks compare? This article breaks down exactly how much interest you will pay on a Rs. 7 lakh loan…

In today’s financial landscape, your credit score plays a pivotal role in determining your eligibility for loans and credit cards. However, many are unaware that the very act of applying for credit can influence this score. This article delves into how loan inquiries impact your credit score, the types of inquiries, and how to manage them effectively. ​ What Are Loan Inquiries? When you apply for a loan or credit card, lenders assess your creditworthiness by checking your credit report. This process is known as a credit inquiry. There are two primary types of credit inquiries: hard inquiries and soft…

HDFC Bank is making strong headlines. Its market cap has now touched ₹14.69 lakh crore (around $176.28 billion) based on the market closing of 28 April 2025. Interestingly, it has come very close to the market cap of the American banking giant Goldman Sachs, which is ₹14.93 lakh crore ($179.16 billion). HDFC Bank’s stock is moving steadily towards ₹2000, and if this pace continues, it may soon overtake Goldman Sachs in market cap. This is a proud moment for the Indian banking industry, showing how Indian banks are now standing strong among global giants. How HDFC Bank and Goldman Sachs…

Life is unpredictable, and emergencies can strike at any moment — be it medical expenses, sudden travel, urgent home repairs, or any unforeseen event. Having access to an emergency loan can be a real lifesaver in such situations. If you are looking to get a quick emergency loan of Rs 50,000, it is important to know the right steps, the eligibility criteria, and how to speed up the process without hassles. This guide explains the entire step-by-step method to apply for an emergency loan of Rs 50,000 easily and quickly. Eligibility Criteria for Applying for an Emergency Loan Before starting…

If you are thinking of buying a house and planning to take a home loan, this is the best time to check which banks are offering low interest rates. After RBI’s recent decisions on repo rates, many public and private banks have revised their home loan interest rates. Some banks have cut interest rates by up to 0.25%, making loans a little cheaper for new borrowers. In this article, we bring you the latest home loan interest rates offered by top public sector banks, private banks, and housing finance companies (HFCs). These rates are based on the loan amount categories…

Purchasing a car is a significant milestone for many individuals in India. While car loans have made this dream more accessible, your credit score plays a crucial role in determining your loan eligibility and terms. A good credit score not only increases the chances of loan approval but also ensures better interest rates and loan conditions. ​ What is a Credit Score? A credit score is a three-digit number ranging from 300 to 900 that reflects your creditworthiness. In India, this score is primarily provided by credit bureaus like CIBIL. The higher your score, the more trustworthy you appear to…

Emergencies can come anytime—unexpected hospital bills, urgent home repairs, last-minute travel, or even sudden business needs. In such situations, arranging money quickly becomes a top priority. Most people think about credit cards or personal loans when they need funds fast. But there’s also a lesser-known but powerful third option—a credit line or line of credit. In this article, let’s explore how all three options—credit card, personal loan, and credit line—work, their pros and cons, and how to choose the right one depending on your situation. 💳 What is a Credit Card and When is it Useful? A credit card is…

Personal loans have become one of the most preferred financial products in India. Whether it’s a medical emergency, home renovation, travel, wedding, or even debt consolidation, personal loans offer instant liquidity without asking for any collateral. But while most people focus on the loan amount or the interest rate, there’s one crucial factor that often gets overlooked: loan tenure. In simple terms, loan tenure is the time period within which you’re supposed to repay the loan. It can significantly affect your monthly installments (EMIs), total interest paid, and your overall loan experience. So, how short or how long can a…