Instant Business Loan Online – Apply for Loans upto ₹ 35 Lakhs at Finserv MARKETS. Many businesses take out bank loans for a variety of reasons.
Most of these small businesses take a loan to expand their business. More than 50% of the country’s GDP (Gross Domestic Product) is contributed by the MSME and the SME sector. To raise these sectors and give importance, the government has initiated quite a few schemes, offers and set up NBFCs. The growth of FinTech (Financial Technology) has made availing a loan easier and quicker. Personal Loan Balance Transfer – Check Eligibility, Interes, Documents, Process - Finserv MARKETS. Features of Personal Loan Balance Transfer There are numerous reasons to get a Balance transfer on your personal loan.
Better Rate of Interest on Loan Low-interest rates reduce the borrower's interest burden through reduced EMIs. It is always better to access the need, evaluate the offer and compare the interest rates and other features before making a final decision with the balance transfer facility. Instant Personal Loan App by Finserv MARKETS on Android and iOS. MSME Databank: Registration and Basic Details - Finserv MARKETS. What is MSME Databank?
The MSME Databank will contain a detailed database of all MSME units in India. With this information the Ministry of MSME will have the Census data online. It will also help MSMEs to participate in the procurement process under the Public Procurement Policy of the Government of India. This detailed database will contain all the information and requirements related to Joint Venture, technology transfer, import-export of machinery within the business. The MSME Databank also enables to monitor various loan schemes and policies structured specifically for MSMEs so that the government can pass on the benefits directly to small business owners. CIBIL score for Home Loan: Why CIBIL Score required for Home Loan? – Blogs by Finserv MARKETS. It is important to check CIBIL score before buying a home because with increasing income, majority of us cannot afford a house entirely on our savings.
Home loans help us achieve our dream of buying a place of our own. But, the loan application and approval process can be tiring unless you have a good credit score. Credit Information Bureau (India) Limited provides information on your credit score and credit history. It’s advisable to check CIBIL score before buying your house. Government Schemes - Finserv MARKETS. The Maharashtra Housing and Area Development Authority Scheme (MHADA) MHADA has government housing schemes that are operated through a lottery system; this lottery is launched by MHADA every year.
A certain number of houses are set aside for the MHADA scheme and loans are allotted for buyers that belong to different income groups, based on lottery draw results. These housing units price range is between Rs 15.35 lakh and Rs 1.42 crore and will be available in localities like Borivali, Ghatkopar, Mulund, Mankhurd, Goregaon and Vikhroli. Tamil Nadu Housing Board Scheme (TNHB) The Tamil Nadu Housing Board (TNHB) scheme helps citizens purchase flats economically by constructing and auctioning homes at affordable rates. Delhi Development Authority Housing Scheme (DDA) Associated with PMAY’s Credit Linked Subsidy Scheme, the DDA Housing Scheme provides economical housing to all based on income. Government Schemes for Women Entrepreneur. Annapurna Scheme Under the Annapurna Yojana, the Government of India offers women entrepreneurs in food catering business loans up to ₹50,000.
The borrowed amount could be used for working capital requirements such as buying utensils, mixer cum grinder, hot case, tiffin boxes, working table, etc. Government Loan Schemes - Finserv MARKETS. National Bank for Agriculture and Rural Development (NABARD) NABARD is a development bank whose primary focus is the rural sector of India.
It is one of the most critical financial institutions in the country. NABARD is responsible for the development of small scale industries, cottage industries, and any other such rural projects. The National Bank for Agriculture and Rural Development was established on 12th July 1982, with an initial capital of 100 crores. Other than meeting financial requirements of the rural sector, NABARD also provides for social innovations and projects, by partnering with various organizations for many innovative projects and innovative schemes for water and soil conservation. Credit Guarantee Scheme (CGS) New and existing MSMEs that are in manufacturing or service activities, excluding retail trade, agriculture, self-help groups (SHGs), training institutions, etc. can apply for CGS. Basics of GST – Blogs by Finserv MARKETS. The Goods and Services Tax (GST) is the biggest reform in the tax regime of the country.
It was introduced with an aim to simplify the tax structure in India and to ensure that there is one tax for the entire nation. There has been an impact of GST on different industries across the country. With regards to the Banking and Financial Sector, earlier a 15% service tax was charged. Personal Loan for Women and Housewife to Start a Business – Blogs by Finserv MARKETS. Loan for housewife, personal loan for housewife, personal loan for housewife indian, loan scheme for housewife, can a housewife get a personal loanThe 21st Century housewife is not your typical docile, domesticated woman that finds content in the four walls of her kitchen.
She is much more ambitious today and is perfectly capable of handling her household responsibilities while simultaneously fulfilling her entrepreneurial dreams. However, as determined as she may be, there are certain hurdles that she must face on the path of fulfilling her business aspirations. The major hurdle that tops this list is the lack of funds for starting her business. Government Business Loan Schemes in India - Finserv MARKETS. MSME Loan Scheme The MSME business loan scheme was launched by the Indian government, focussing on the working capital loan.
MSME scheme can be availed by any kind of business; be it new or existing for financial assistance of up to Rs. 1 crore. the scheme for business financial assistance up to ₹ 1 crore. The loan processing takes 8-12 days to complete, while the approval or disapproval is granted within the first 59 minutes of application. Top Reasons for Education Loan Rejection: - Personal Loan Blogs by Finserv MARKETS.
Bad loans or non-performing assets (NPAs), as they are called in banking parlance, associated with education loans have shown a steady increase in India in the last three years. According to official data released by the Indian Banks Association, as of March 2018, close to 9% of outstanding education loans were already in NPA territory. As these NPA figures show a steady rise of bad loans, banks are becoming more cautious about disbursing loans, even to deserving candidates.
The fact that the education loan sector is predominantly (95%) served by Public Sector Banks (PSBs) makes it even tougher for students to get loans as PSBs policies are greatly influenced by tightening government norms and regulations. According to a January 2019 report published in The Hindu, stream-wise data on education loans revealed that students taking loans for pursuing nursing courses were top on the NPA list with 21.28% defaults; engineering courses were second at 9.76%.
Low Credit Score. Marriage Loan - Apply for Wedding Loans Online at 12.99% on Finserv MARKETS. NABARD Scheme: Features, Functions, Types & Full Form - Finserv MARKETS. Features of the NABARD Scheme The following are some of the features of the NABARD loan scheme. Offering support for funding or refinancing.Growing the infrastructure of rural communities in India.Creating credit plans available at a district level for these communities.Offering guidance and support to the banking sector so the latter can achieve their own credit targets for the year.Carrying out the supervision of cooperative banks and Regional Rural Banks (RRBs) in India.Devising new projects that aid in rural development of the country.Putting into place any of the government’s developmental schemes aimed at helping the growth of rural areas.Offering training services for handicraft artisans.
Functions of NABARD When it comes to aiding rural communities financially, NABARD plays a few distinct roles. Government Loan for Small Businesses and SMEs - Finserv MARKETS. 1) For everyone: MSME Loans in 59 minutes SMEs can obtain a loan amount ranging from 10 lakhs to 1 crore under this scheme. The star attraction of this loan is that the loan amount is deposited to your account in less than 60 minutes after your application is approved. Business Loan - Apply for Small Business Loans upto ₹ 35 Lakhs @ Finserv MARKETS. As per the business needs and requirements, there are various types of Business Loans online. Take a look: CGS: Credit Guarantee Scheme for MSMEs - Finserv MARKETS. The government has announced an additional funding of Rs 3 lakh crores to revive the MSMEs through a credit guarantee scheme. Based on the eligibility conditions, MSMEs can avail loans up to 20% of their outstanding credit.
These loans are collateral-free and can be availed at discounted interest rates. On May 13, 2020, the Prime Minister in his address to the nation announced the measures to revive the Indian economy. He underlined that a self-reliant economy was the key to accelerated growth while announcing a Rs. 20 lakh crore comprehensive package for revival and growth. Personal Loan Tax Benefit & Exemption - Personal Loan Blogs by Finserv MARKETS.
Many of us may need to avail a personal loan at some point in our lives. Personal loans can come to your rescue when you need financing for the important milestones in your life — funding your higher education, starting a new venture, or getting married. It can help you overcome tough times, like a medical emergency also. Personal Loan for Unemployed: All About Online Loans For Unemployed - Personal Loan Blogs by Finserv MARKETS. There could be a time in your life when you’ve taken a break between jobs, wanting to start afresh or waiting to start your own business. Everything You Need To Know – CIBIL Blogs by Finserv MARKETS. When you apply for a loan, the bank or financial institution will take a few days to carefully consider the application before either approving or rejecting it.
During this time, the lender will check your creditworthiness and the loan amount you are eligible for based on certain parameters such as current liabilities and your past credit history. Your creditworthiness is quantified with the help of a CIBIL score. If you aren’t sure what this is, here’s a look at everything about it that you need to know. Personal Loan EMI Calculator: Online EMI Calculator for Personal Loan – Finserv MARKETS. Instant Loans for Women Online in India - Finserv MARKETS. Pradhan Mantri Awas Yojana Application Form - Finserv MARKETS. Mudra Loan Form: Pradhan Mantri Mudra Yojana Application Form at Finserv MARKETS. Eway Bill Unblocking: How To Unblock Eway Bill - Finserv MARKETS. How does the e-way bill get blocked?
As per the rule, when a taxpayer has not filed the GSTR-3B for two or more consecutive months on the GST portal, the same will be reflected on the eway bill system and block the GSTIN. The GSTIN of blocked taxpayers cannot be used for e-way bill generation either as Consignor or Consignee. It means the taxpayer will not be able to receive goods if the GSTIN is blocked. How to Generate Eway Bills on E-Way Bill Portal? - Finserv MARKETS.
Mudra Loan Application Procedure - Finserv MARKETS. How to Apply for Mudra Loan Online? MUDRA offers funding to non-corporate and non-farm sectors of the micro and small enterprises that are in need of credit. Mudra Loan: PM Mudra Yojana Online (PMMY) - Finserv MARKETS. Documents Required for Personal Loan – Salaried, Self Employed - Finserv MARKETS. PMAY List - Check Your Name in Pradhan Mantri Awas Yojana list 2019-20 - Finserv MARKETS. As per the Credit Linked Subsidy Scheme, beneficiaries under the PMAY scheme are eligible for an interest subsidy if they borrow a loan to purchase or construct a house. How to check your name in Pradhan Mantri Awas Yojana List 2020-21 without Registration Number? To check name in PM Awas Yojana 2020 list without registration number follow the below steps Step 1: Go to rhreporting.nic.in official Website: Head to and click on the advanced search option.
Step 2: Enter Required Details: Personal Loan - Compare & Apply For Best Personal Loan at Low Interest Rate from Finserv MARKETS. Part Payment In case, you have some amount of money in hand, but it is not sufficient to make the whole payment before the due date, you can choose to make part-prepayment. With part payments, you can reduce the unpaid principal amount, thereby also reducing your EMIs and rate of interest. Even part-payment can have a positive impact on your credit score. Check CIBIL Score - Get Your Free Credit Score/Report Online at Finserv MARKETS. What is Eway Bill - Finserv MARKETS. MSME Loan: MSME Loan Scheme 2020 - Finserv MARKETS.