SBI (State Bank of India) calculates interest on personal loans based on the reducing balance method, also known as the principal reducing method. In this method, interest is charged on the outstanding principal amount of the loan, which reduces with every payment made by the borrower. Here’s how SBI calculates interest on personal loans using…
Bank of Baroda (BOB) offers an online personal loan eligibility calculator on their website. The calculator helps you determine your eligibility for a personal loan from BOB and the approximate loan amount you may be eligible for. Here’s how you can use BOB’s personal loan eligibility calculator: The personal loan eligibility calculator will then display…
Introduction G Finance Alerts In today’s fast-paced financial world, it is essential for investors and traders to stay updated with market changes. With advancements in technology, various tools and platforms are now available to help individuals monitor their investments efficiently. One such tool is G Finance Alerts, which allows users to set up notifications for…
Punjab National Bank (PNB) offers an online personal loan eligibility calculator on their website. The calculator helps you determine your eligibility for a personal loan from PNB and the approximate loan amount you may be eligible for. Here’s how you can use PNB’s personal loan eligibility calculator: The personal loan eligibility calculator will then display…
Introduction Richard Branson, the renowned entrepreneur and founder of the Virgin Group, is known for his incredible success in business. However, what sets him apart is his ability to maintain a healthy balance between his family life and his professional endeavors. In this blog post, we will explore Richard Branson’s perspective on balancing family and…
Introduction At GIC Re, we are proud of our team of experts who are at the forefront of the insurance and reinsurance industry. Our professionals bring a wealth of knowledge and experience, contributing significantly to the growth and development of the industry. In this blog post, we will introduce you to some of our key…
Yes Bank offers personal loans to eligible individuals based on certain eligibility criteria. You can check your personal loan eligibility for Yes Bank by using their online personal loan eligibility calculator. Here are the steps to use the calculator: The personal loan eligibility calculator of Yes Bank takes into account various factors such as your…
Canara Bank offers an online personal loan eligibility calculator on their website. The calculator helps you determine your eligibility for a personal loan from Canara Bank and the approximate loan amount you may be eligible for. Here’s how you can use Canara Bank’s personal loan eligibility calculator: The personal loan eligibility calculator will then display…
Many banks and financial institutions in India offer personal loan eligibility calculators based on salary. These calculators take into account your monthly income, expenses, and other financial obligations to determine the maximum loan amount you may be eligible for based on your income. To use a personal loan eligibility calculator based on salary, follow these…
Debit card EMI (Equated Monthly Installments) is a facility provided by banks to their customers to convert their big-ticket purchases into easy monthly installments. This facility helps customers to make their purchases without putting a strain on their finances. IndusInd Bank is one of the leading banks that offer debit card EMI facility to its…
