banks Archives - Web Updates Daily Get All The Latest Updates Of Technology & Business Sat, 17 Apr 2021 08:33:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.4 https://www.webupdatesdaily.com/wp-content/uploads/2019/12/WebUpdatesdaily-150x150.png banks Archives - Web Updates Daily 32 32 Top Rated Personal Loan Private Finance Companies in India https://www.webupdatesdaily.com/top-rated-personal-loan-private-finance-companies-in-india/ https://www.webupdatesdaily.com/top-rated-personal-loan-private-finance-companies-in-india/#respond Mon, 05 Apr 2021 08:44:17 +0000 https://www.webupdatesdaily.com/?p=3983 A personal loan is an unsecured loan that comes to the aid of individuals to

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A personal loan is an unsecured loan that comes to the aid of individuals to meet their financial requirements. Both banks and non-banking financial corporations offer personal loans at a competitive rate of interest. Now we shall discuss the top-rated personal loan private finance companies in India.

Money View emerged as one of the top rate private personal finance companies in India. Money View personal loans are fast, highly secured, and the entire loan application process is executed in a hassle-free manner.

Features and Benefits of Money View Personal Loans

Money view personal loans are jam-packed with potential benefits and features. This would ensure the process of obtaining a personal loan in a secured way.

  • Checking eligibility requirements: It would take approximately two minutes to carry out the process of loan eligibility. This requires submission of essential details thereby averting the problems of executing complicated computations to determine how much loan amount the applicant is eligible for.
  • Loan Amount: It is up to the applicants to decide the volume of loan amount required. However, individuals could apply for loan amounts between Rs. 10, 000 and Rs. 5 lakhs. Money view would mention the eligibility status and applicants do have the liberty to pick a loan amount.
  • Flexible Repayment Tenure: The money view empowers individuals to decide their repayment tenure. The repayment tenure of personal loans may exceed up to sixty months.
  • 24-Hour Disbursal: The entire loan amount is credited to your bank account within twenty-four hours of the loan approval process. This helps save the issues of carrying out multiple calls and sending emails to keep track of disbursement status.
  • Lower Rate of Interest: Budget-friendly rates of interest are offered at 1.33% per month by taking into consideration the financial constraints of an applicant.
  • Paperless Documentation: The whole process including documentation and repayment is executed in digital format. As a result, you need not even think about the submission of photocopies of relevant documents and multiple trips to banks.
  • Offering Loans on Lower Credit Score: Money view had recently launched an internal credit score model that rates creditworthiness based on data points. You could obtain a personal loan at a lower credit score. However, applicants must have secured a CIBIL score of 650 or an Experian score of 750.

Steps involved to obtain a loan from Money view

  • Complete the entire loan application form and upload it to the official website of Money view. It is budget-friendly and caters to the financial requirements of an individual. The interest rate starts from 1.33% per month and the loan processing charges are around 2% to 8%.
  • In the case of the Money view, part payments are not allowed and the availability of full prepayment after a period of three EMI’s.
  • No extra charges are levied in addition to the interest amount for the duration between loan cancellation and loan disbursement. Even processing fees could be retained.

Eligibility Requirements for Money view Personal Loans

Money view sticks to a broad eligibility criterion to make sure that each applicant could obtain a personal loan online in a hassle-free manner.

  • Salaried professionals must earn a monthly income of Rs. 20, 000 and the credit score should range between 1-299. The place of residence could be anywhere.
  • Self-employed individuals should earn a monthly income of Rs. 25, 000 and a CIBIL score must be more than 650 with an Experian score of 750.

In addition to the above-mentioned, applicants must be aged between 21 years and 57 years. The monthly income should be directly credited to the applicant’s bank account.

Documents Required While Applying for Money View Paperless Online Loan

Unlike other banks and similar financing companies who request lengthy documentation while applying for a loan. A major highlight concerning the Money view is that you could experience a complete paperless documentation process.

  • ID Proof: Government-issued identity proof that mentions the date of birth in the format dd/mm/yyyy is accepted.
  • Address Proof:— An authentic and 100% valid document displaying existing address pin code could be submitted as proof of address while applying for a loan. It could be an aadhar card, ration card, or utility bills such as electricity, water, voter’s ID, bank statement/passbook.
  • Income Proof: Salaried professionals must hold bank statements of the previous three months in PDF format. It mentions salary credits or previous three month’s salary slips will do. Self-employed individuals should submit the previous three month’s bank statements in PDF format. Or income tax returns of the previous two years will be more than enough.
  • Also Read: Secure Your User Accounts With Two-Factor Authentication

Ways to Avoid Rejection of Personal Loan at Money View

  • Lower Monthly Income:

At Money View, salaried professionals should earn a monthly income of Rs. 13, 500 and Rs. 25, 000 for self-employed individuals. Apart from that, there are additional conditions attached to the income. You have to make sure that you comply with those requirements.

  • Additional Financial Commitments:

The online loan application might get rejected if you have multiple lines of credit. Moreover, a major part of your monthly income is spent on clearing outstanding dues or EMI’s. It consists of home loans, car loans, and credit cards.

  • Poor Credit Score:

CIBIL score determines the creditworthiness of an applicant. Money view approves personal loans for those individuals who have secured a minimum CIBIL score of 650.

  • Submission of Incorrect Documents:

Accurate documents are mandatory to be considered eligible for the loan. Even though documents demanded by Money view are low, they require accurate and authentic ones.

Conclusion

Money view is a reliable online personal loan portal that offers flexible repayment tenure. Unlike other private finance companies, Money view offers personal loans to both salaried professionals and self-employed individuals at an attractive rate of interest.

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Supporting a Family Member in Mexico https://www.webupdatesdaily.com/supporting-a-family-member-in-mexico/ https://www.webupdatesdaily.com/supporting-a-family-member-in-mexico/#respond Fri, 26 Feb 2021 06:31:03 +0000 https://www.webupdatesdaily.com/?p=3763 Do you have family members living in Mexico? If so, then of course it goes

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Do you have family members living in Mexico? If so, then of course it goes without saying that you would do anything in your power to help them. How do you go about sending money to Mexico in order to give them financial assistance? There are several ways to do just that. Take a look at the following options:

International Bank Transfers

The first way to support a loved one in Mexico would be through an international bank transfer. This might seem really complicated, but all you have to do is follow the steps. First of all, in many cases if you want to perform an international bank transfer you would start by signing into your online banking platform and then finding a spot where they will let you use your account for another bank or something of that nature. Additionally, you should strongly consider whether to have the money drawn on foreign currency or American currency. If you have it drawn on foreign currency then in many cases there is no outbound wire transfer fee. However, if you prefer to have your wire transfer drawn on American currency, there will generally be a transfer fee of $30 or more.

Western Union

Of course, one popular stand-by for money transfer has always been Western Union. The fact that Western Union is an established money transfer company definitely speaks for itself, but did you know that Western Union has been doing business in Mexico for over 135 years? That’s right, and Western Union will allow you to send your Mexican recipients the money in cold hard cash if you so desire. Additionally, you will have the option to send it to them in their bank account or they can simply collect it at an agent location in Mexico. If you want to send money to Mexico through Western Union, be aware that you are contracting with a service that is not only internationally known, but it has developed a track record for sending money that is totally unparalleled. There is no question that Western Union is a solid way for you to assist some of your loved ones in Mexico.

PayPal

Even though PayPal has only been in existence since 1998, it has established itself as the premier online payment system for many individuals throughout the world. Along the way, many individuals quickly realized that this was a great way to send money to their loved ones in Mexico. PayPal became a way not only to send money to Mexico but a way to do it quickly as well. This is due in part to the fact that there are several sending options for Mexico, including undergoing a bank deposit with Xoom, allowing for cash pickup, setting up a recurrent mobile reload, or even doing bill payments for different responsibilities you might have in Mexico.

Whatever service you might go with, you can rest assured that any of these excellent payment processors will have you covered and help you to take care of those you care about fast and efficiently! 

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ShareKhan – The largest Stock Broker https://www.webupdatesdaily.com/sharekhan-the-largest-stock-broker/ https://www.webupdatesdaily.com/sharekhan-the-largest-stock-broker/#respond Tue, 18 Feb 2020 18:14:56 +0000 https://www.webupdatesdaily.com/?p=623 ShareKhan is one of the largest retail broking units of the country. They help you

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ShareKhan is one of the largest retail broking units of the country. They help you to initiate loan against a trade along with stock market and even invest mutual funds for your business growth. The company goes on to offer a host of financial products. Apart from that the company rolls out market seminars or workshops to traders on a timely basis. In 575 cities the company has its offices with close to 48000 employees. Before you are planning to invest it is important that you figure out the brokerage charges you will be paying to your broker

The Thought Process

Based on the inputs provided by the research team and the outcomes in the form of stock tips, market analysis on a quarterly basis you do not miss out on the new trends of the market. If you are registered member they send out emails and SMS to comply with the best. If you follow their advice it is helpful for an investor. Be it investing in commodity or equities is considered they are the best.
If you are planning to expand your investment horizon then watch their market seminar to learn about trading in depth. By opening an account with them you gain access to their trading platform.

The Type of Accounts

Trade Tiger Account

For an active investor this is an account type to choose who are keen to make it big in a stock market. For a consistent trader in the market it is better to open an account of this type. You gain access to a host of market platforms on a single screen. It is possible to undertake multi- exchange trading and with the help of this account you can customize your hot key or even churn out the already available key. In fact a quick transfer is provided as they have tie ups with nearly 12 odd banks.

Classic Account

This account works out to be beneficial for all those who are looking at an integrated platform where one eye is kept on share price alerts and the same. You would avail notifications or instant cash transfer on purchase or sale of shares. This is a type of account that has a digital platform, a trading account and a demat account along with bank facility. Be aware of what this account has to roll out and there are some take always with this account

You can trade in equities or derivate with the help of this account. It is possible to get in touch with a broker before you go on to buy or sell a share. This same type of facility is also offered by sharekhan mini services. You could enjoy free trades or be it trade confirmation via emails. A couple of numbers are allotted where you can place orders with your landline number or a mobile phone.  There are certain bank types that allow automatic transfer of such accounts. It is suggested that you place an order in the early hours of the morning.

Also Read: International Export Guide For SMEs

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