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What is a Bridge Loan?

Thursday, June 13, 2019, 12:17 PM

A bridge loan is also known as gap financing. A bridge loan is a short-term loan sanctioned for the borrower who wants to meet short term financial requirements. The tenure of bridge loans is capped at 5 years. The loan amount sanctioned and the interest rate on the loan is calculated by evaluating the repayment capacity of the borrower.
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How personal loans work?

Monday, January 14, 2019, 12:08 PM

A personal loan is an unsecured loan, which means the borrower does not need to keep an asset as security for the money borrowed. Consequently, the bank charges a higher rate of interest on personal loan than other secured loans. You pay back that money in installments. Once the loan is paid in full, the loan account is closed.
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#7 Guard Your Health

Monday, March 12, 2018, 7:37 AM

If meeting monthly health insurance premiums seems impossible, what will you do if you have to go to the emergency room, where a single visit for a minor injury like a broken bone can cost thousands of rupees? If you're uninsured, don't wait another day to apply for health insurance.

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