There is no doubt in the fact that managing your finances can be a tricky act, and one misstep can stress you out. Among these responsibilities, perhaps one of the most understood and mishandled aspects is Equated Monthly Installments (EMI). So, whether you’re financing a car, buying a new flat/home, or simply using a credit card, EMIs are a common method of dividing your loan payments over time. However, navigating the world of EMIs isn’t as straightforward as it may seem. What is an EMI? An equated monthly installment (EMI) is a fixed payment amount made by a potential borrower to a lender at a fixed date every month. Equated monthly installments are applied to both interest and principal every single month so that over a particular number of years, the loan is paid off entirely. In the most common loan types, such as real estate, car, or even education, the borrower tends to make fixed periodic payments to the lender over several years to retire the loan. When it comes to a personal loan, it’s always beneficial to use a personal loan EMI calculator for better financial planning. What are some of the common EMI mistakes to avoid? In order to maintain good financial health and ensure that you can comfortably repay the loan amount, here are the top five mistakes to avoid: Borrowing more than you can actually afford One of the biggest mistakes of potential borrowers is that they sometimes tend to borrow an amount that exceeds the repayment capacity. Before availing such a loan, it’s essential to assess your income, expenses, and other financial commitments. Ensure that the EMI comfortably fits within your budget without compromising your basic needs. Ignoring the Rate of Interest Failing to understand or negotiate the rate of interest can be quite costly. Therefore, always compare loan offers from multiple lenders and choose the one with the lowest interest rate. A slightly lower rate can significantly reduce the total cost of the loan over time. (Note: Personal loan in EMI is quite a useful financial instrument these days.) Ignoring Fine Print Don’t sign the agreement without reading and understanding all the terms and conditions. Pay attention to details like prepayment penalties, processing fees, and late payment charges. These can add up and surprise you later, which might burn up a hole in your pocket. Missing EMI Payment Timely payments are essential to maintaining a good credit score and avoiding unnecessary penalties. Set up reminders or automatic payments to ensure you never miss a due date. Always keep in mind that a single missed payment can have a negative impact on your credit history. Prepayment options Ignoring such options is another mistake by the borrowers. There are some loans out there that offer an option to make prepayments or repay the loan amount before the tenure ends. If you have extra funds, consider this option, as it’ll help you reduce your overall burden. Conclusion If you plan to avail any kind of loan, be ready to pay EMIs each month and always keep in mind the above-mentioned points. By simply avoiding these common EMI mistakes can save you time, money, and frustration in your electronic design projects.
Gone are the days when people used to ask for financial help from their friends. Nowadays, they simply avail a personal loan from their smartphone and repay it in a short time easily. There are many platforms that offer this facility without charging much interest, so it doesn’t pinch the pocket of borrowers. Through this guide, we’ll delve into the ins and outs of cash loan, exploring their benefits and which will be the best app to avail this facility. What is a cash loan? Also known as a short-term loan, it is a type of borrowing where an individual borrows a small amount of money for a short time period, typically until their next paycheck. These loans are often used to cover unexpected expenses or financial emergencies when the borrower is temporarily short of or out of funds. Although these loan types have relatively high interest rates but however, if you choose the right application to avail of this facility, you might be lucky! The high interest rate is simply due to their short-term nature and the perceived risk involved in lending to individuals with limited credit history. What are its advantages? Impact on Credit When you, as a buyer who has a poor credit history, repay the loan timely, it helps in demonstrating the ability to manage debt in a responsible manner. With time, this could potentially contribute to improving the credit score. Instant Fund Access These are designed to offer instant access to funds, often within a short tenure. This is quite beneficial in emergencies where you need money urgently for unexpected expenses, such as medical bills or car repairs. Basic Requirement Cash loans usually have fewer stringent requirements than traditional loans offered by financial institutions and credit unions. This makes them accessible to individuals who might have a limited history of credit or a low credit score. Convenient The process of applying for such loans is often quite simple. It can be easily done online via specific applications such as Bajaj Finserv, Paytm, Google Pay etc, Flexible Lenders usually do not impose restrictions on how you utilize the funds obtained from this loan. The grants the potential borrower, i.e. you here, the freedom to address the needs they may have. Which is the best platform to avail an easy cash loan? Stashfin! Without any doubt, if you are looking for immediate financial help, then you should download this application. Around three months ago, I was planning to renovate my house and found myself a bit short of funds. This was when one of my colleagues told me about this application and how it offers instant loan. Download this app from the Play Store/App Store Sign up using your mobile number Add your personal details to check your credit limit Complete KYC and you are good to go for an instant personal loan online!
Securing loan approval at crucial moments of need can prove to be a less than seamless journey for many individuals. The notifications of rejected loan applications often arrive with unclear explanations, leaving you without a precise understanding of the underlying cause. In such instances, having your inquiries addressed regarding the rationale behind the non-approval can prove invaluable. This process, in turn, plays a pivotal role in enhancing your financial behaviours, thereby increasing the likelihood of encountering similar challenges in the future. We are committed to guiding you through a discussion of prevalent factors contributing to denials and providing actionable insights to enhance your application's prospects. What is a personal loan? It is a type of unsecured loan that individuals can borrow from banks, credit unions, or online lenders to fulfil their all kinds of personal financial needs. Unlike loans that are taken for specific purposes, such as home loans or car loans, these loans can be used for various reasons, including medical expenses, debt consolidation, home improvements etc,. What are the reasons for the rejection of a loan application? Challenged Credit History In assessing a customer's financial reliability, financial institutions conduct an assessment of their CIBIL scores. Upholding a credit score of 700 and above enhances the likelihood of securing approval. To achieve this, it's advisable to prudently manage your credit card usage, adopt a consistent approach to loan payments, and promptly settle outstanding obligations. Excessive Loan Queries Making a barrage of loan inquiries within a condensed time frame can trigger the rejection of your loan application. Such activity might portray you as excessively credit-hungry or reliant on borrowed funds, thereby adversely influencing your credit score. Existing Financial Obligations This approach is rooted in the notion that a lender might perceive an excess of credit-related burdens, potentially leading to the decline of your loan application. Stashfin provides an avenue for debt consolidation of personal loans, enabling you to streamline and settle your debts. Fulfilling Eligibility Criteria Stashfin offers the convenience of securing personal loans with a minimum monthly salary of Rs. 18,000. This can be effortlessly achieved by furnishing essential documents such as salary slips and bank statements through their efficient online submission process. Unstable Employment History Financial institutions exhibit a preference for steady income sources in the case of businesses and consistent employment records for individuals. Frequent job changes or a pattern of job-hopping not only heightens the risk of loan application denials but could potentially attract elevated interest rates from lenders. What are some tips to address Loans Rejection concerns? Keep essential documents for an improved credit profile ready to avoid any kind of document-related rejections. Demonstrate savings and cash reserves to instil lender confidence. Consolidate short-term loans before seeking a significant loan to enhance your credit utilisation. Regularly review and update your credit report to address any negative aspects. Present your full income, including all key accounts, in your application. By understanding and addressing these factors, you can increase your chances of loan approval and improve your overall financial well-being easily. How to Get a Loan Online from StashFin? Nowadays, availing such a loan is super duper easy. It is as easy as ordering food from your smartphone with just a few taps. Follow these steps for a hassle-free small loan from Stashfin: Download this small loan app from the Play Store/App Store Sign up using your mobile number Add your personal details to check your credit limit Complete KYC and your loan application is completed!
If you are a student or a working professional looking for financial help, a personal loan is one of the trendiest ways to do so. Long gone are the days when people actually used to ask for funds from their peers or relatives. Now, it’s all about you and your internet-enabled smartphone. We at Stashfin ensure that all potential borrowers face no hassle while availing of such a loan from us. It is super easy and convenient. You just simply need to download our application, and within a few hours after applying, the funds will be credited. It’s just like ordering your favourite food from your smartphone! What is a personal loan? It is a type of loan that you can easily borrow from a financial institution. Keep in mind that it is called a “personal” loan because it’s not tied to a specific purpose like buying a house or a car. When you, as a potential borrower, take out such a loan, the lender here will give you a certain amount of money upfront. You can easily use this money for various things like paying off debt, covering medical expenses, home renovation, or even going on a family vacation. Over time, this loan needs to be repaid, usually in monthly instalments. The repayment tenure here can range from a few months to several years, depending on the terms and conditions of the loan. What are its advantages? Flexible Personal loans personal loans for salaried employees or even self employed offer flexibility in terms of how a borrower use the funds. Unlike specific-purpose loans like car loans or home loans, these can easily be used for a wide range of purposes, as mentioned above. No Collateral These are usually unsecured loans, meaning you don’t need to provide collateral (such as a house or car) to secure the loan. This reduces the risk of losing your assets if you default on the loan. Instant Access Personal loans often have a relatively quick application and approval process. Once your loan application is approved, the funds can be disbursed to you within a few days, allowing you to address your financial needs promptly. Fixed Rate of Interest Many personal loans have a fixed rate of interest, meaning the rate remains the same throughout the loan tenure. This offers stability and predictability, as your monthly payments will remain consistent. Debt Consolidation Personal loans can be an excellent way to consolidate high-interest debts into a single, more manageable loan. By doing so, you can simplify your finances and potentially lower your interest rate, saving you money in the long run. Improving credit score Successfully managing a personal loan can positively impact your credit score. So by making timely payments and demonstrating responsible borrowing behaviour, you can improve your credit history, which can help you qualify for better loan terms in the future. How to avail of a personal loan? If you are looking for a personal loan for self employed, you can easily visit our website. Moreover, apart from this, our application is easily available on Play Store (Android) and App Store (iOS). Download the app from the Play Store/App Store Sign up using your mobile number Add your personal details to check your credit limit Complete KYC and you are good to go!
It's the IPL season! The cricket heat is on, and this is the long festival which has been celebrated in India every year for over a decade. When it comes to celebrations, there might be some requirement for extra funds to make everything grand. Instead of asking someone, it is best to initiate a loan application. This is where instant personal loans step in. These loans offer easy money if you have creditworthiness and the ability to repay it. Moreover, you don't need to go anywhere; you just have to download the Stashfin application on your mobile or apply directly from the website. What is an instant personal loan? It is a type of loan that is typically processed quickly and disbursed to the potential borrower within a short period, usually hours. Unlike traditional loans that often require extensive documentation and credit checks, these loans have a simplified application process that can be completed online or via a mobile application with minimal documentation. Further, these are generally unsecured loans, which means that the borrowers are not required to provide any collateral, such as a car or property, to secure the loan. Instead, it is granted totally based on the borrower's creditworthiness and ability to repay the loan amount. What are instant personal loan offers and benefits? No collateral Once you initiate the loan application, remember that these types of loans don't require any collateral, such as a car or property, to secure the loan. This ultimately makes it easier for borrowers who may not have assets to pledge as collateral. Competitive interest rates These loans often offer a competitive rate of interest, which are usually lower than those offered by credit cards or even other forms of unsecured debt. This helps the borrowers save money on interest charges over the tenure of the loan. Flexible repayment plans Such loan types have flexible repayment plans, which basically means that borrowers can choose a repayment plan that suits their financial situation. This helps borrowers manage their finances more effectively and avoid defaulting. Instant processing As the term suggests, an instant personal loan is designed so that it is processed quickly and disbursed within a short period, usually within hours, as mentioned above. This means that the borrowers can access funds quickly when needed. Flexible usage Unlike other forms of credit, such as car loans or home loans, which are to be used for a particular purpose, these loans can be used for any purpose. This can be debt consolidation, home improvements, medical expenses, or travel. How to avail an instant personal loan? Stashfin ensures that potential borrowers don't face any kind of hassle while opting for such a loan. Therefore, we offer the same on our website and mobile application, which is readily available on both Play Store and App Store. However, if you are availing the same from an application, here is a step-by-step guide for you: Download the app from the Play Store/App Store Sign up using your mobile number Add your details to check your credit limit Complete KYC and you are good to go!
One of the best financial facilities available in the current era is a personal loan. You just have to search for “personal loan apply online” on the web, and you are more than good to go. Thousands of platforms are offering such loans, but hardly there are a few that provide the same without any interest amount. This means you must pay back the same amount without extra charges. Personal loans are often availed by people who want to fulfill their personal desires and lack few funds. This can be renovating their abodes, purchasing electronic appliances and much more. What is a personal loan? As the term suggests, it is a type of loan typically unsecured, meaning it doesn’t require collateral, such as a car or a house. It is basically a fixed amount of money borrowed from a lender that is repaid over a fixed period, usually with interest. These loans are often used to consolidate debt, pay for home improvements or renovations, make large purchases, cover unexpected expenses, or even finance a special event like a wedding or vacation. The rate of interest can vary depending on the creditworthiness of the potential borrower and the lender’s requirements. However, they often are lower than the interest rates of credit cards. What are the 5 mistakes to avoid while applying for a personal loan? Not checking credit score Your credit score is quite an essential factor that lenders consider while approving a loan application. Therefore, before you apply for personal loan, it’s essential to check your credit score and make sure it’s in good shape. However, if it is low, you may want to work on improving it before applying for a loan. Ignoring charges and fees Some lenders may charge fees such as origination fees, prepayment penalties, and late payment fees. Therefore, it is essential to read the loan agreement carefully and understand all the fees and charges that are associated with the loan. Ignoring the fine print It is essential to read all the terms and conditions of the loan carefully to understand all fees, charges, and repayment terms. Not doing so could lead to unexpected costs, as well as damage to your credit score if, by any chance, you miss the payments. Applying too many loans at once This can result in multiple hard inquiries on your credit report, which can lower your credit score. So, therefore, it is essential to research and narrows down your options before submitting loan applications to avoid unnecessary damage credit score. Borrowing more than you can afford It is essential to borrow only what you require and can afford to repay. Therefore, before one apply personal loan, make a proper budget and calculate how much you can afford to borrow and repay every single month. Which is the best platform to avail a personal loan? Here, I’d like to share my personal experience. Around three months ago, when I was planning to avail a personal loan, one of my associates told me about Stashfin. Now, believe me, I think this is the only platform that offers loan at zero percent interest rate. Isn’t that great? Nowadays, hardly any company offers loan at zero percent interest rate. Download the loan app on your smartphone Sign up using your mobile number Add details to check your credit limit Complete KYC and you are good to go!
The urgent need for funds can arise anytime, and the trend to avail of personal loans is rising. In the current era of digitalization, getting a personal loan is as easy as ordering food/groceries from your smartphone. You need the right platform and an internet connection. Undoubtedly, the accessibility of financial applications has led to a healthier India in financial terms. However, the days when people used to travel to banks to access loans are way behind us. Now, it’s just you and your internet-enabled smartphone. What is a personal loan? As the term suggests, it is a type of loan issued to an individual borrower by a financial institution based on creditworthiness and income. These are unsecured loans which basically means that they are not backed by any collateral, such as a home or car. When you, as a potential borrower, avail this type of loan, keep in mind that you can use it for various purposes. From covering wedding/event expenses to renovating your abode, you are more than free to use the funds for any purpose. However, remember that if you avail this loan, you are liable to pay it over a fixed period, with regular monthly payments. What are its advantages? Flexibility It is flexible in nature as it can be used for any purpose. Be it paying for a wedding/event, home repair or renovation, vacation etc. No Collateral Unlike other types of loan, such as car loan or home loan, these type of loans is unsecured. This means that they do not require collateral. Fixed Rate of Interest These loans come with fixed interest rates. This defines that the interest rate will remain the same over the life of the loan, making it easier for individuals to plan their finances. What is a personal loan calculator? It is a tool that helps in easy loan planning by allowing potential borrowers to estimate their monthly loan payments and total interest costs based on the loan amount, rate of interest, and repayment tenure. Now, several options are available on the internet if you are looking for such a calculator, but the one offered by Stashfin is quite easy to use. Not promoting any brand or organization here but believe me, it is one of the best tools to use. Just enter the loan amount, rate of interest and tenure to get an estimated monthly payment and the total amount of interest that will be paid over the loan life. What are the advantages of using it? Accurate Loan Repayment It helps you calculate your monthly repayment amount accurately. This way, you get a clear picture of how much you need to budget for your monthly payments. Saves Time Doing calculations manually are hectic and time-consuming. Therefore, this tool helps you to save a lot of time by offering quick and accurate calculations. Transparent These tools provide you with all the information you need to make informed decisions about your personal loan. It helps you know how much you’ll be paying monthly and the total interest amount over the loan tenure. Conclusion Always remember that using this tool (personal loan calculator)before investing will help you achieve great results. Moreover, it has become a mandatory step before investing as it gives a clear picture of what you’ll be reaping from your investment.
The biggest extravaganza in the world is here with the FIFA World Cup 2022 in Qatar. Some of the biggest names are going to be competing this year including Kylian Mbappe and Karim Benzema from France, Kevin De Bruyne from Belgium, Lionel Messi from Argentina, Robert Lewandowski from Poland, Neymar and Vinicius Junior from Brazil, Harry Kane from England, Virgil van Dijk from the Netherlands, Christiano Ronaldo from Portugal and many other exciting players. The draw at this world cup promises to be very entertaining with matches such as Spain vs Germany in Group E, Portugal vs Uruguay in Group H, Belgium vs Croatia in Group F, Argentina vs Poland in Group C, England vs USA in Group B, France vs Denmark in Group D, Argentina vs Mexico in Group C and many other clashes among the 32 top teams that will be competing. Apart from the FIFA World Cup, there are many more things you can do in Qatar while traveling Visit Souq Waqif Explore the Museum of Islamic Art Shop at various shopping malls such as Villagio Explore the biggest park in Qatar - Al Khor Park Beaches at Purple Island Culture and city tours of places such as Doha Given the once-in-a-lifetime opportunity to witness a truly global event, many of us dream about being there in Qatar during the World Cup matches. It’s not always possible to make this dream come true given the expenses associated with such an event. This is where customers can leverage digital lending apps like Stashfin to fund their dreams with a unique product - Stashfin Credit Line and Instant Personal Loans. Here are the top reasons to use Stashfin App to get Instant personal loans and a comparison to make your choice easier Compare Disbursal Time, Interest & other details and choose the best Instant Personal Loan Stashfin Personal Loan Bank Disbursal Time Same Day 2-3 Day 6-8 Day Interest Rates 11.99% onwards 25-265% Starting From 11.99% Processing Fees Low >1% >1% Prepayment Fees No Extra Fees High High Why choose Stashfin? For us, you come first. We provide you with instant service at reasonable rates while saving your valuable time and money Quick Approvals Instant approvals on a personal loan or credit line. Borrow any amount ranging from Rs. 1000 to Rs. 5,00,000. Low processing fees No hidden fees, origination fees, closing fees, or prepayment fees are involved. Know ahead of time what your costs are. Complete secure process We use safe channels & secure links to protect your sensitive information. At Stashfin, trust & security are taken seriously. Minimum documentation Minimum uploads on our quick online form.KYC in digital or physical form as per your convenience. Flexible payment terms Repay your loan with convenient EMIs. Pick a tenure that works for you ranging from 3 months to 36 months. Operational pan India Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Mumbai, Thane, Pune, Hyderabad, Chennai, Bangalore, Indore, Chandigarh, Panchkula, Pithampur, Bhiwandi, Zirakpur, Kharar, Coimbatore, Kolkata, Allahabad, Udaipur, Jaipur, Lucknow, Prayagraj, Kanpur, Bhopal, Shimla, Haridwar, Ranchi, Ahmedabad, Mangalore, and more. To apply for a Stashfin loan, you can download the app here Stashfin – Credit Line & Funds – Apps on Google Play or here Stashfin iOS App or apply on the website Stashfin
Smartphones have become a necessity in everyone's lives with the advent of new technologies and on-the-go lifestyle. In the era of digital connectivity, consumers have plenty of options to buy from brands such as Apple iPhone, Samsung, Oppo, Xiaomi, Nokia, HTC, Sony, Lenovo, Realme, Oneplus and many others offering a range of products. Customers usually look for features such as larger screen, sharper display, better performance, battery life, price points, selfie and photograph specifications in choosing their smartphones. Smartphones also come with a range of price points Rs. 3000 to Rs. 2,00,000. While eyeing the latest upgrade, sometimes, customers need EMIs to buy the latest smart phone of their choice with ease and convenience. This is where credit line and instant personal loan apps can come to the rescue. Mobile Loan Features & Benefits Your mobile loan from Stashfin gets disbursed with instant approvals and offers you credit up to Rs. Five Lakh. With absolute transparency, Stashfin asks for the interest rate that you see on your screens. Get the best industry standard and lowest EMI rates for your mobile loan. With each credit purchase through Stashfin, you get to earn back rewards The widest stretch of EMI paying window starts from as short as two months or can go till three years. With least documentation like valid ID proof and address proof, you are all set for your mobile loan. Stashfin ensures you have a complete 100% safe and secure loan process Stashfin offers personal loans with instant access to funds for whatever your needs are. Enjoy funds from Stashfin for all your needs including travel, shopping, medical emergencies, debt consolidation, wedding, home upgrade, home renovation, education, gadgets, consumer durables and others. Stashfin provides quick, easy, flexible solutions for instant loan requirements How does Stashfin App Work? Download the Stashfin App and register Fill in your details and upload verification documents Once verified the final application status can be checked on the App. You will also be notified of your approval status via SMS Once approved, E-sign the loan agreement and the approved amount will be disbursed to you within 5 minutes. SMS notification will be sent to your registered number notifying the same Eligibility Criteria Indian Citizen Above the age of 18 Must have a source of income (either salaried or self-employed) Documents Required Address Proof (any one of Aadhaar Card/Voter ID/Passport/Driving License) Identity Proof (PAN ID) In some cases, you may be asked for the following documents Bank Statement ITR/ GST Paper Operational across India Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon), Mumbai, Thane, Pune, Hyderabad, Chennai, Bangalore, Indore, Chandigarh, Panchkula, Pithampur, Bhiwandi, Zirakpur, Kharar, Kolkata, Jaipur, Udaipur, and more. Given the surge in the demand, players like Stashfin have exclusive offers and benefits for their consumers such as Instant funds up to Rs. 5 lacs, direct bank transfers, attractive interest rates, instant approvals, quick process, which is completely digital, exclusive rewards. To apply for a Stashfin loan, you can download the app here Stashfin – Credit Line & Funds – Apps on Google Play or here Stashfin iOS App or apply on the website Stashfin