Know About Finance

Pursuing higher education is a huge financial commitment. With the rising costs of education every year, it comes as no big surprise that most individuals rely on loans to cover these expenses. And if you plan to enrol your child in a foreign university, you will have to account for higher expenses. It is obvious that the travel and accommodation costs will definitely increase alongside visa charges or tuition expenses. Opting for an education loan can redefine and shape your or your child’s life as it enables quick access to higher education. The exorbitant costs of coveted global universities can be covered affordably by applying for an education loan on Bajaj Markets . Top Features of an Educational Loan Check out a few features of these loans: Enjoy ample funding of up to ₹60 Lakhs to manage all your academic needs Get a loan at competitive interest rates starting at 11.50% p.a. Fund up to 100% of your tuition fees with an educational loan Repay your loan comfortably across a tenur

With a plethora of options available, you can get the necessary financial aid for all your needs, planned or otherwise. But you need to choose the right option and the right provider to keep the borrowing within your budget.  An easy way to tackle this is to explore your options on Bajaj Markets, a popular financial marketplace . You can easily compare loan options from top financial institutions and choose one that fits your needs and matches your budget requirements. Here’s a snapshot of the various types of loans you can apply for on Bajaj Markets. Personal Loan Purpose: Get multi-purpose funding, which you can use for any need without restrictions. Amount: Up to ₹50 Lakhs Interest: 1.5% p.m. onwards Tenure: Up to 6 years Business Loan Purpose: Support your new or established venture with funds for overhead expenses and more. Amount: Up to ₹50 Lakhs Interest: 1.25% p.m. onwards Tenure: Up to 6 years Home Loan Purpose: Use the funds to purchase or construct property, which i

Whether for a new car, home, or business venture, opting for a loan is a significant financial decision. As such, you need to secure the right option, as it can influence your financial well-being in the long run. To do this, you must assess the loan terms, interest rates, and fees.  These are crucial factors that impact your overall cost of borrowing. Additionally, navigating through the world of loan options can be overwhelming due to the choices available. But you can easily do this by comparing the options based on the cost and other terms.  Understanding Interest Rates An essential element to consider when comparing different loan options is the interest rate. It is always better to opt for a loan with a low interest rate. It is equally important to note that different lenders can offer different types of interest rates. For instance, some banks may offer fixed interest rates, which remain unchanged throughout the tenure of the loan.  However, if you have chosen a loan with a floa

With rising uncertainties in the country’s economic climate, finding a reliable and secure way to grow your wealth is prudent. And one of the most popular investment avenues offering guaranteed returns is fixed deposits (FDs). If you are a risk-averse investor seeking stability in your investments, opting for an FD is the best bet. Fixed Deposits: A Brief Overview A fixed deposit is a financial product wherein you deposit a lump sum amount for a fixed tenor at a fixed interest rate. Regardless of the market fluctuations, these interest rates remain unchanged, which is one of the most significant benefits of an FD. The interest income you earn across the FD tenor is determined by three parameters: Your invested amount Applicable interest rate The tenor of the FD This low-risk investment option is undoubtedly one of the safest ways to maximise earnings. You can book an FD for a convenient timeline ranging from 7 days to 10 years. The FD interest rates vary from one issuer to the other

The dream of owning a home is a powerful motivator. But between thinking about your perfect space and making it a reality lies the crucial step of financial planning. This is where a home loan calculator emerges as a valuable tool. A home loan calculator is a user-friendly online tool that empowers you to estimate your potential monthly payments (EMIs) for a home loan. It simplifies the process of understanding how much you can afford to borrow and how your monthly repayments might look. Why Use a Home Loan Calculator? There are several advantages to utilising a home loan calculator: Estimate Monthly Payments (EMIs): This is a key benefit. Enter your desired loan amount, loan term (in years), and estimated interest rate. The calculator will then provide an estimate of your monthly EMI. This helps you understand your potential financial commitment over the loan term. Plan Your Budget: Knowing your estimated EMI allows you to plan your budget effectively. You can factor in the potentia