Skip to main content

Posts

Best Mortgage Loan in Bangalore

A “Loan against property” also known as a “Mortgage loan” is a secured loan given by Banks and NBFCs all over India. This loan is provided to any individual who can keep his/her property as collateral. The loan amount is decided as per the current market value of the property. You can get around 40-65%* of the property’s value as the mortgage loan amount. Is Mortgage loan available in Bangalore? Anyone can apply for a mortgage loan from any state in India which includes Bangalore. Mortgage loan in Bangalore is readily available for all those who have a residential/office/industrial property owned by them. What is the mortgage loan process in Bangalore? The person who wants to  apply for a mortgage loanin Bangalore  must own a property which is either owned or co-owned by him/her. Next, the person has to arrange for all the property documents and accordingly apply for a mortgage loan against property. According to the eligibility criteria, the Bank will check
Post a Comment
Read more
Recent posts
Now You can balance transfer a balance transfer of your personal loan an answer to your debt woes? For 25-year-old Natasha Sharma, life in a big city in Mumbai spelt freedom from the small town she grew up in. She thus wanted to live it up in the big city. With a decent job in an MNC, she couldn’t have asked for more! But what she earned did not seem to suffice for the high life she wanted to lead. Thus, when an attractive personal loan offer came by, she took it up to buy the one designer dress and a piece of jewelry that she was lusting after. Then there were parties and derby invitations that landed on her lap and the shopping continued.  But the party could not last forever. Soon, she had maxed out her credit cards and she found herself in a position where she couldn’t handle the debt pile she had accumulated and could do with a lower EMI outgo. A friend of hers then suggested that she opt for a balance transfer of her personal loan. But does hopping from one lender to
Post a Comment
Read more

Do You Know How To Apply For Business Loan.

Eligibility Criteria & Documentation for Business Loan Who can apply for Business Loan Self Employed including Individual Proprietors, Private Ltd. Co. and Partnership Firms involved in the Business of Manufacturing, Trading or Services. Business Loan Requirements : Business Loan From www.ruloans.com Minimum Turnover of Rs. 40 Lakhs. Years in Business: Minimum of 3 years in current business and 5 years total business experience Business must be profit making for the last 2 years Minimum Annual Income (ITR): Rs. 1.5 Lakhs p.a. Age of Applicant: Min 21 years & Max. 65 years at the time of loan maturity. Documents Required for Business Loan : PAN Card – For Company /Firm/ individual. Proof of your identity : Copy of Aadhaar Card/Passport/Voter's ID card/Pan Card/Driving License. Proof of your address : Copy of Aadhaar Card/Passport/ Voter ID-Card/Driving License. Bank Statement (latest 6 months) Latest ITR along with computation of income , Balance sheet and P
Post a Comment
Read more

Go cashless and save more with your credit card

            Go cashless and save more with your credit card I n the latest attempt to promote cashless transactions, the Government has waived service tax on credit and card transactions of up to ₹ 2000. According to the Reserve Bank of India’s report on digital transactions for the year 2015, about 50-60% of the transaction made by cards is below ₹ 2000 in value. This is yet another reason for the common man to go cashless and opt for card transactions. Credit cards have a definite edge over debit cards because of the many reward points it comes loaded with and in the present day, it makes sense to use your credit card to your convenience and save money on it, now that service tax on transactions below, 2000 has been waived off. Here are some ways in which you can benefit from you reward points. Look for benefits on affiliated cards If you have a credit card that is affiliated with a retailer or an airline, in particular, look out for the deals on them, especially during the
Post a Comment
Read more

demonetisation will impact Interest rates.

                                 How demonetisation will impact Interest rates. In what is titled as a ‘bold’ move, demonetization has got everyone’s attention on the same scale with people queuing up outside the banks to deposit old Rs 500, and Rs 1,000 notes.In the first four days of the announcement of demonetization, banks recorded an aggregated deposits of over Rs 1 lakh crore. And, most of these were done in savings bank accounts and current accounts, thus giving a boost to the CASA income. The good news is that with all this cash being deposited into the bank, customers are likely to benefit from lower cost of credit. Earlier, banks would charge a higher rate of interest to meet the demand and supply of cash. But, now that banks have a huge amount of money with them, they are in a position to meet new and more loan demands at a much lower interest rates. This means the lower interest rates will make the following loans cheaper: 1. Education loans 2. Ho
Post a Comment
Read more
Want to have a better financial standing in 2017? Get started now! The year 2017 is readying to bid adieu and a new year is going to be upon us soon. Standing in the penultimate month of the year, the time is right to take stock of how you fared financially and what you should do to prepare for a better year ahead. Here are some simple steps that we at Ru Loans believe will help you get a firmer financial footing in the new year. Assess the year gone byAssuming your financial decisions are guided by an overall financial plan, this is the time to pore over, Spreadsheets to find out what has been the impact of the financial decisions you have taken this year.     Ask yourself some basic questions like:  Do I have enough insurance coverage to protect my family in my absence?  Have I met the targets I set for saving and investing this year?  Do I have an emergency fund to protect me against exigencies?  Are all the investments in my portfolio giving me inflation adju
Post a Comment
Read more