Is it a good idea to get a personal loan for your honeymoon_.pptxHero FinCorp
Are you going on a honeymoon but having to compromise on your dream destination due to financial constraints? Check to see if a personal loan is a viable option in this situation.
Is it a good idea to get a personal loan for your honeymoon_.pptxHero FinCorp
Are you going on a honeymoon but having to compromise on your dream destination due to financial constraints? Check to see if a personal loan is a viable option in this situation.
Different types of credit bureaus in India.pptxHero FinCorp
Before you try to assess your credit report to determine your credit behaviour, it is critical to understand the various credit bureaus in charge of preparing that report.
Is it possible to obtain a business loan without an ITR If so, how ?Hero FinCorp
If your company's financial records are missing Income Tax Returns (ITR), you may be wondering if you qualify for a business loan. Here's the answer to your concern.
Important considerations before signing as a loan guarantor.pptxHero FinCorp
Getting a loan sometimes is not that easy. The lender might not be convinced by the borrower’s low credit score or if certain eligibility criteria is not met. In such cases, the lender asks for a loan guarantor, who offers the guarantee to pay back the amount in case the borrower defaults or vouches for the person’s credibility to payback.
Know about the repercussions of Personal loan default.pptxHero FinCorp
Defaulting on a personal loan will almost certainly impact a person’s mental health and mental peace. If a person does not repay their loan on time, then they will start receiving numerous calls from their lender. Certain lenders often send bank personnel to the defaulter’s residential or commercial address to pressurise the person to repay their loan amount. In such cases, the overall impact on mental health can be devastating.
Five reasons why applying for a business loan makes senseHero FinCorp
Borrowing funds to meet your funding needs is never a bad idea, especially if you are an entrepreneur.. In fact, having finances available when you need them allows you to seize new business opportunities, pay your creditors on time, and keep reserves for unforeseen events. If you are still wondering what business loans can be used for or why companies borrow money, this article will address your questions.
Small personal loans are in great demand in India. These loans can come handy in taking care of urgent needs, whether it is shopping for an expensive item, paying utility bills, or financial emergencies like paying fees for higher education and availing medical treatment.
Pre-approved loan_ Learn everything about them.pptxHero FinCorp
All of us are familiar with this kind of SMS, e-mail, or even phone call about pre-approved personal loans from financial institutions. But many of us do not understand what it is all about. So, let’s dive into it and understand pre-approved loans better.
Know the key differences between mortgage and gold loans.pptxHero FinCorp
Advances like a loan against property and gold loans are the two most popular financing options that can meet your fund requirements. Now, the question arises, how would you choose between these two financing options? To get the answer, let us dive deep into their details in this article.
Is the reason for acquiring a personal loan important_.pptxHero FinCorp
A personal loan means exactly that – it can be used for any personal need and there is no need to explain officially why it is being taken. Since there is no end-use tied to it, your eligibility does not depend on the purpose of the loan. This also means that you do not officially need to write down the reason why you are applying for a personal loan and how you intend to use it. However, you may be asked by your loan officer the purpose of taking a loan, since a lender always wants to make sure that you will be able to pay back the loan.
What is the impact of online personal loans on the entire financial industry?Hero FinCorp
Over the last few years, online personal loans are rapidly taking over the financial industry. The shift in consumer behaviour and government initiatives have made this loan popular among millennials. According to Reserve Bank of India data, overall digital lending increased more than twelvefold from 2017 to 2020. In terms of figures, the total digital disbursement in 2020 was Rs 1,41,821 crore, up from Rs 11,671 crore in 2017. Out of these disbursements, the majority are personal loans.
Getting a personal loan to buy a laptop_ Know if it is a wise idea_.pptxHero FinCorp
Whether you are a working professional or a student, a laptop with an efficient processor, good storage and decent graphics quality is a must-have. The more features you seek, the more expensive it becomes. While, today, you get good laptops within a fair budget, buying the one that can serve your purpose best and last long may still need you to shell out some good money. But that should not dampen your plans of getting a good laptop. So, how would you go about arranging the funds?
Key differences between registered and equitable mortgageHero FinCorp
However, you can choose between an equitable mortgage and a registered mortgage. Confused? Don’t be. Today, in this article, we will focus on what each one means and the key differences between an equitable mortgage and a registered mortgage.
Investing is an important part of achieving financial stability. It's one of those crucial financial tips that young individuals, as well as those over the age of 40 years, should keep in mind. When you invest a portion of your income, you keep yourself ready to face any financial emergency. Whether it's medical uncertainty, sudden losses in business, or layoffs in your organisation, investment assists in every difficult time.
Different types of credit bureaus in India.pptxHero FinCorp
Before you try to assess your credit report to determine your credit behaviour, it is critical to understand the various credit bureaus in charge of preparing that report.
Is it possible to obtain a business loan without an ITR If so, how ?Hero FinCorp
If your company's financial records are missing Income Tax Returns (ITR), you may be wondering if you qualify for a business loan. Here's the answer to your concern.
Important considerations before signing as a loan guarantor.pptxHero FinCorp
Getting a loan sometimes is not that easy. The lender might not be convinced by the borrower’s low credit score or if certain eligibility criteria is not met. In such cases, the lender asks for a loan guarantor, who offers the guarantee to pay back the amount in case the borrower defaults or vouches for the person’s credibility to payback.
Know about the repercussions of Personal loan default.pptxHero FinCorp
Defaulting on a personal loan will almost certainly impact a person’s mental health and mental peace. If a person does not repay their loan on time, then they will start receiving numerous calls from their lender. Certain lenders often send bank personnel to the defaulter’s residential or commercial address to pressurise the person to repay their loan amount. In such cases, the overall impact on mental health can be devastating.
Five reasons why applying for a business loan makes senseHero FinCorp
Borrowing funds to meet your funding needs is never a bad idea, especially if you are an entrepreneur.. In fact, having finances available when you need them allows you to seize new business opportunities, pay your creditors on time, and keep reserves for unforeseen events. If you are still wondering what business loans can be used for or why companies borrow money, this article will address your questions.
Small personal loans are in great demand in India. These loans can come handy in taking care of urgent needs, whether it is shopping for an expensive item, paying utility bills, or financial emergencies like paying fees for higher education and availing medical treatment.
Pre-approved loan_ Learn everything about them.pptxHero FinCorp
All of us are familiar with this kind of SMS, e-mail, or even phone call about pre-approved personal loans from financial institutions. But many of us do not understand what it is all about. So, let’s dive into it and understand pre-approved loans better.
Know the key differences between mortgage and gold loans.pptxHero FinCorp
Advances like a loan against property and gold loans are the two most popular financing options that can meet your fund requirements. Now, the question arises, how would you choose between these two financing options? To get the answer, let us dive deep into their details in this article.
Is the reason for acquiring a personal loan important_.pptxHero FinCorp
A personal loan means exactly that – it can be used for any personal need and there is no need to explain officially why it is being taken. Since there is no end-use tied to it, your eligibility does not depend on the purpose of the loan. This also means that you do not officially need to write down the reason why you are applying for a personal loan and how you intend to use it. However, you may be asked by your loan officer the purpose of taking a loan, since a lender always wants to make sure that you will be able to pay back the loan.
What is the impact of online personal loans on the entire financial industry?Hero FinCorp
Over the last few years, online personal loans are rapidly taking over the financial industry. The shift in consumer behaviour and government initiatives have made this loan popular among millennials. According to Reserve Bank of India data, overall digital lending increased more than twelvefold from 2017 to 2020. In terms of figures, the total digital disbursement in 2020 was Rs 1,41,821 crore, up from Rs 11,671 crore in 2017. Out of these disbursements, the majority are personal loans.
Getting a personal loan to buy a laptop_ Know if it is a wise idea_.pptxHero FinCorp
Whether you are a working professional or a student, a laptop with an efficient processor, good storage and decent graphics quality is a must-have. The more features you seek, the more expensive it becomes. While, today, you get good laptops within a fair budget, buying the one that can serve your purpose best and last long may still need you to shell out some good money. But that should not dampen your plans of getting a good laptop. So, how would you go about arranging the funds?
Key differences between registered and equitable mortgageHero FinCorp
However, you can choose between an equitable mortgage and a registered mortgage. Confused? Don’t be. Today, in this article, we will focus on what each one means and the key differences between an equitable mortgage and a registered mortgage.
Investing is an important part of achieving financial stability. It's one of those crucial financial tips that young individuals, as well as those over the age of 40 years, should keep in mind. When you invest a portion of your income, you keep yourself ready to face any financial emergency. Whether it's medical uncertainty, sudden losses in business, or layoffs in your organisation, investment assists in every difficult time.
2. What does NRI mean?
● Any person who spends more than 183 days
of the year outside India.
3. ● Yes, if they have all of the necessary
documents.
Is an NRI eligible to apply for
a mortgage loan?
4. What documents do NRIs need to obtain a mortgage loan?
● NRE/NRO account statement
● KYC documents ● Property related papers
● Copy of work permit
#1 #2 #3 #4
11. What is the procedure for
applying for an NRI loan
against property?
● NRIs can apply for this loan
online or in person.
12. NRIs can easily obtain a loan against a property
if they have a good income, a decent credit
history, and all the necessary documents.
13. Thanks
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel : 18001024145
Email : customer.care@herofincorp.com
Know More : Can NRIs get a loan against property in India?
Website : https://www.herofincorp.com/