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Showing posts from July, 2018

Flexi Personal Loan (Flexi Cash)

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Flexi Personal Loans in India People love to go after products with an additional feature that others don’t offer. Be it a beauty product or an electronic gadget, customers love to own something different. Financial products is not an exception for this. If you wish to avail a  personal loan  with the freedom to choose the type of interest you pay and an added option to withdraw it whenever you are in need of financial assistance and pay interest only on the amount withdrawn, flexi personal loan is your answer. In other words, flexi personal loans is an overdraft facility offered by banks to its trusted customers. It is a pre-approved cash limit available in the customer’s kitty that can be withdrawn whenever the customer is in need. Whether you need to go on a shopping spree or pay off your high interest debts, FelxiCash makes sure that you have the money ready to use. Benefits of Flexi Personal Loans or FlexiCash Liquid cash is available when you really need ...

Personal loan vs overdraft vs credit card

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Which one is the best option for you?  Personal loans, overdrafts, and credit cards might seem similar on the surface, but each have certain features and benefits  that make them a better choice depending on your individual circumstances. How will you know which is the best option for you? We’ve outlined the main differences here.  Personal loan: a  personal loan  provides a lump sum of money, which is required to be repaid regularly over a set period of time. Interest is charged on the entire amount of the loan.  Overdraft : an  overdraft   is generally attached to an everyday transaction account, and acts like a revolving line of credit. It lets you access additional funds when your account balance reaches zero. You are approved for a certain limit and can draw as much as you need up to that limit. You are only charged interest if you use funds from your overdraft. Credit Card: a credit card is also a revolving line of...
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These days home loan companies are offering many customized repayment options to suit the borrower’s loan requirements. Among these options, some provide flexibility in repaying the loan, while others are linked to the various stages of the house construction. Overall, these plans are for the benefit of both the lender and the borrower. Some of these plans can even increase the repayment capacity of the borrower along with some tax benefits. A Home Loan which starts with Delayed EMI Payments A home loan with delayed EMI payments is a very good option for some of the borrowers who are not able to pay the EMIs at the beginning of the loan tenure. This option offers the home loan borrower to begin the repayment of their home loan later. This facility is provided by SBI with which flexi pay is available where the borrower is not bound to make repayment anywhere between 36 months and 60 months. This period is known as moratorium period and during this, the home loan borrower need...