How is the EMI calculated in a Personal Loan from a Bank?

Personal Loan

You might be wondering how banks calculate the EMI as well as the interest rate on your personal loan application. Your EMI as well as the interest rate depends on a lot of factors when you apply for a personal loan in any major bank. As soon as the bank receives your loan application, the … Read more

Personal Loan vs Professional Loan – What’s the Difference?

Personal Loan

There are many similarities between Personal loans and professional loans, misleading for potential borrowers. This article highlights some key differences between the two.  Personal Loans are usually availed of if there is an unexpected circumstance that requires money or a big purchase that you wish to make. They can be availed by most individuals quite … Read more