Loans Against Security: A Trend Analysis

Loans against security are gaining public confidence of late. Read on to find about the current trends related to this popular option in India.

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Did you know that loans against shares have sharply increased to 78%, pushing retail growth to 18% year on year in November 2015? This RBI data analysis published in The Economic Times mentions that this steep rise is reflective of the burrower’s confidence in this funding option.

There are various types options that can be used as collateral for loans against securities, including demat shares, mutual funds, gold deposit certificates, Kisan Vikas Patra, National Savings Certificates, life insurance policies and more. In this type of funding, you pledge your shares for one year to raise the required burrowing sum. Continue reading “Loans Against Security: A Trend Analysis”

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Loans Against Property and Other Home Loans

Can home loans be a type of loans against property? Read on for what you must know before taking a home loan and how Budget 2016 favours borrowers.

Finance Your Dream Home

First time home buyers are now eligible to get an extra tax deduction of Rs. 50,000 on home loan of up to Rs. 35 lakhs, subject to the fact that the property must not be worth more than Rs. 50 lakhs, according to the Budget 2016 released by Finance Minister Arun Jaitley, according to an article published in Hindustan Times[1] in February 2016. Buying a house of your own is no less than a lifetime achievement for some. While some people invest their lifetime savings, others opt to borrow money and pledge their future earnings. Borrowing money from a bank or NBFC could be an overwhelming procedure, especially if you are a first time buyer. Home loans are generally loans against property. The house to be bought acts as collateral. Banks and NBFCs generally finance up to 80 percent of the property value. Continue reading “Loans Against Property and Other Home Loans”

Need Money to Start your own Company? Try Taking a Personal Loan!

If you’re planning to launch a startup, you’ll need enough money to make sure that your venture is a success. Here’s how a personal loan can help you out.

Securing adequate amount of funds is perhaps the most challenging task faced by entrepreneurs. Sometimes, the plethora of options creates a paradox of choice, where one is unable to decide which source of finance would be most beneficial.

As an entrepreneur today, you can choose from a variety of funding options. Angel investors and venture capitalists are itching to invest their money in a promising new venture. And now, with the establishment of startups that lend money to other startups, entrepreneurs have a variety of funding options, each with its own set of pros and cons.

But with all the modern ways of lending, most new entrepreneurs are forgetting the traditional way of obtaining money—taking a personal loan. A personal loan can give startups the financial leverage they need to kickstart their business. Continue reading “Need Money to Start your own Company? Try Taking a Personal Loan!”

Birch Gold Group Review

In current business competition, every company tries hard to keep the faith of the customers alive and resolve the problems instantly. There are many leading companies across the globe that deals with precious metals. Birch Gold Group is one of the leading companies in US, that is committed to help clients discover how gold, silver and platinum are precious metals protecting your lifestyle and help during economic instability. This has made the company different from other consultant companies in terms of client service. Continue reading “Birch Gold Group Review”

Is Your Stockbroker Pulling Wool Over your Eyes? Contact a Securities Litigation Attorney Before It’s Too Late

Losses in investment are common, depending on the volatility of the market. Therefore, not all losses are as a result of fraud on the part of the party entrusted with the investment. Stockbroker fraud on the other hand is a direct and intentional deceit orchestrated by a stockbroker for purposes of self-gain. Therefore when an investor places his own interests ahead of a client’s interests, then that constitutes stockbroker fraud. Continue reading “Is Your Stockbroker Pulling Wool Over your Eyes? Contact a Securities Litigation Attorney Before It’s Too Late”

Do’s and Don’ts to have successful Merging and Acquisition

You might have a successful merger and acquisition with the company and currently working in forming a new one. However, there are certain things that need to be considered while undergoing the M&A process. One needs to address the issues before it rises, so that it minimizes the damage. Seeking legal advice from professional firm and understanding the process is very important. Generational equity is essential part of the M&A process.

Merger is not entirely an acquisition; but is full of consolidation of separate small business. According to the experts, true merger is when both companies dissolve their assets and liabilities. Continue reading “Do’s and Don’ts to have successful Merging and Acquisition”

Modern services offered to customers by modern banks

In the new era of banking, banks in India shower their customers in India with a plethora of services to attract customers. Online banking and virtual banking are the latest offerings by the banking services in India.

Below mentioned are some of the services offered to customers by modern banks: Continue reading “Modern services offered to customers by modern banks”

Is travel insurance really worth it and what are its types?

If you are remotely concerned about medical expenses in a different country, especially a scenario where you need emergency departure, then the answer is undoubtedly “Yes!”

We would come across a lot a travellers who religious believe that travel insurance is for people who are always paranoid. However, knowing the fact that we don’t have a crystal ball to look into the future and unprecedented events are always lurking in the corner, it is always better to be safe financially, than worry when you are broke. Let us also leave you with a small tip – Make sure you buy the policy as soon as you can after the first trip payment just to make sure that your pre-existing health conditions are covered. Continue reading “Is travel insurance really worth it and what are its types?”

Stock Trading vs. Binary Options Trading – Which is Better for a Beginner?

Getting into the busy world of financial trading can be an intimidating and challenging endeavour for anyone, especially when you’re just starting out with minimal knowledge on the subject. At this point, just choosing the type of trading you want to start with can be a difficult decision. Everyone you ask will probably have their own opinion to share, and just when you think you’ve got a gameplan, you learn something new that makes you think you might have it all wrong. The best way to avoid such indecisiveness in the beginning is to take things step-by-step. Start by deciding whether standard stock trading or binary options trading would be a good fit for you based on the following 5 factors: Continue reading “Stock Trading vs. Binary Options Trading – Which is Better for a Beginner?”

3 Fastest Growing Financial Service Jobs

With increasing pressure to go to college and get a degree, there is a great risk of finishing school with student loan debt and no job prospects. As the saying goes, “find a job you love and you will never work a day in your life, because that field won’t be hiring.” Unfortunately, many people pursue degrees in industries that are shrinking or lack growth. Continue reading “3 Fastest Growing Financial Service Jobs”

Edelweiss Tokio Life – CritiCare+ is the best critical illness plan!

You must’ve heard countless stories about bread winners of a family falling critically ill & not being able to retain their jobs or fend for their families & ending up having a disrupted life. Critical illness is a reality today & events like renal failure requiring kidney transplants & burn injuries etc are not something that happens to ‘others’. It is important that every earning member of the family covers him or her against the disruption that such events cause in their as well as their family’s lives, irrespective of whether they are covered by health insurance. Continue reading “Edelweiss Tokio Life – CritiCare+ is the best critical illness plan!”