Author name: Vikram Sethi

Two lenders quote you a loan. One says 10% flat rate. The other says 16% reducing balance. Which one costs more? Most borrowers guess wrong — and end up paying thousands of rupees extra because they trusted the quoted number without checking the actual total repayment. The flat interest rate vs reducing balance question is […]

You have found a personal loan offer, and the interest rate looks manageable. But before you fill out that application, one question matters more than anything else: do you actually qualify? Personal loan eligibility is the set of checks a bank or NBFC runs before approving your application — and passing all of them is

You are about to sign up for an EMI that will leave your account every month for the next five, ten, or twenty years. Before you do that, you need to know exactly how much you are paying — not just the monthly instalment, but the total you hand over to the lender by the

Most car buyers in India start with one question: what will the EMI be? That is the wrong starting point. The right question is what will the car actually cost — and what happens to your savings — whether you pay the full amount upfront or spread it over five years through a loan. For

Can ₹50,000 a month actually buy you a home? In theory, yes. In practice, the answer depends on far more than what is printed on your salary slip. Indian lenders do not simply multiply your income by a fixed number and hand you a cheque. They look at your existing EMIs, credit score, property value,

You earn ₹75,000 a month and are looking at property listings. The question is real and immediate: how much home loan can I actually get — and will it cover the apartment I have in mind? Home loan on ₹75,000 salary is not decided by your income alone. Lenders in India factor in your net

You found a ₹1 lakh expense — a washing machine, a medical bill, a last-minute trip — and two borrowing options appeared almost simultaneously. Your credit card app offered to convert it to EMI in one tap. Your bank sent an instant personal loan offer at what looks like a lower rate. The credit card

Your ₹1 lakh monthly salary is a strong starting point for a home loan — but how much you can actually borrow depends on far more than the number on your payslip. Banks and NBFCs look at your FOIR (fixed obligation to income ratio), existing EMIs, CIBIL score, age, employer profile, and the market value

If you already have a home loan and suddenly need extra money — for a kitchen renovation, your child’s school admission, or a medical bill — you are probably wondering whether you need an entirely new loan or whether your existing lender can simply add to what you already owe. That option exists. It is