January 30, 2019 · Wealth Management · (No comments)

Personal Loan: A prologue for beginners


Gaurav Singh Khurana

A personal loan is a loan that is specially structured to meet all sorts of personal and financial needs. It is a loan that provides the financial assistance to the people who are in the abrupt need of funds. It is a loan that can be borrowed without taking any help of collateral or any guarantor. Thus, it is a risk free loan for the people as they do not have to use any of their personal assets to acquire the loan. There is no restriction on the use of personal debt. Thus, a person has the full liberty to use the loan for whatever purpose he / she intend. These purposes can be wedding and travelling expenses, making house renovations, making payments of electricity and credit card bills.

Now when a person found himself in a tight financial position can opt for Personal Finance easily. One can get financial help by applying in various banks like Axis Bank, Citibank, Punjab National Bank and many more. These banks are in the cut throat competition to provide the personal debt at best in class interest rates. People can choose

Axis Bank Personal Loan

to cater all of their personal needs in a short interval of time. Other Unsecured Debt schemes are also available in the market. A person can choose the loan deal that suits his / her requirement and budget.

Before applying for unsecured debt people must know some basics of applying the loan. Banks apply the loan to the salaried and self employed people.

Eligibility Criteria of Personal Loan

For this section of business banks have proposed different eligibility criteria which vary from bank to bank. The common criteria that all of the banks rely upon are:

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For salaried people


Salaried individual who wants to avail personal debt must be earning an income of Rs 15,000 per months and should have a permanent income source. A person should have the CIBIL score above 720, and he will be eligible to get the personal debt at affordable interest rates.

For self employed people


Self employed people must have gross income of Rs 1,20,000 per annum and must be filling an ITR of 1 lakh to 2.5 lakh. Self employed people must have either their business owned or office owned.


Documents required:

Identity Proof includes Adhar Card, Driving License, Ration Card and PAN card.

Residence Proof includes Ration Card, Electricity and telephone bills.

Last 6 month bank statements.

Form 16 for salaried individuals.

ITR proofs for self employed people.

By satisfying all of the eligibility criteria and submitting all of the documents, a person can easily acquire he loan amount easily into his account.

I am the Founder Director of


, India s First Financial Helpline and am an expert on Insurance, Wealth Management, Banking Retail Assets and Tax Planning. I am an MBA Finance from IMT (Ghaziabad) and have spent 13 years working with Citibank and ING Investment Management. Most of my experience has been on Wealth Management, Investment Product Planning, Debt and Equity Markets and Retail Assets (including all types of loans)

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November 7, 2018 · Wealth Management · (No comments)

Planning A Trip To Chicago


Lisa S.

Chicago is the premier centre of the Midwest United States. Sitting on the edge of Lake Michigan, Chicago has been an important commercial centre for two hundred years. It is a cultural and artistic hotbed, and has long been a city of innovation. Summer in Chicago is full of festivals and events that you won t want to miss. United Airlines is based in Chicago, and flies from major Canadian cities several times a day which makes it a great airline to use when making your plans for a trip to Chicago.

There are many things to see and do in Chicago. Grant Park, situated on the edge of the Lake, and venue of the 1890 World s Fair, is a site in itself, but also home to the Museum of Science and Industry, where you can enter a submarine, see dinosaur bones and discover what scientists are inventing for the future. The Museum of Science and Industry is the largest science museum in the Western hemisphere, and there is something to fascinate anyone from four to ninety-four.

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Another unique Chicago experience is a tour of houses built by Frank Lloyd Wright. These are located throughout the city, with many in the suburb of Oak Park. They have weathered the test of time, and are lovely to look at and admire how they still feel livable and fit with their environment. Maps are available for a driving tour of the houses.

Chicago has moved way beyond bland Midwestern in its cuisine. There are restaurants with top-rated chefs available in many price ranges, and you can spend your entire visit trying out new dishes. Of course, you can also enjoy Chicago style pizza, prepared deep dish and cheesy is a popular favourite. Hot dogs are also served in a Chicago style, on a poppy seed bun with yellow mustard, chopped onions, tomato, hot peppers and sweet pickle relish. That is the tradition, and is kept alive at many venues across the city. As well, you won t want to miss a game while you re there. Chicago is a city that loves its sports, whether it s the Bears or White Sox, the Cubs or Blackhawks, the fans are passionate and attending a game with the hometown crowd is thrilling.

Check out flights on United Airlines to Chicago at an online discount travel site. These sites will search according to your dates and schedule, so you can compare many airlines and schedules to find the trip that meets your needs. One advantage of booking through an online discount travel site is that they can combine airlines for the departure and return, offering more choices for you. Another advantage is that many offer price drop protection, or low-price guarantees, so you can be sure you are booking the best fare available. If the fare drops before departure for the itinerary you have booked, you will be credited with the difference. Sites offering lowest price protection will match a lower price on another site, and sometimes offer a bonus credit. For the best travel deals, check out online discount travel sites.

Lisa Stienway has been blogging at Flightnetwork.com for over a year now. Flightnetwork.com based in Oakville, Ontario and offering

budget united airline deals

. Also cheap tickets for various airlines if you

book travel deals with flightnetwork


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January 5, 2018 · Wealth Management · (No comments)

By Bernard Ethen

Summary: Bad credit personal loans, devised for people stuck in an adverse credit situation, are probably the best way to fix and improve the credit record for the future.

Before approving a loan application, the lender calculates the following two affordability parameters to make sure that the chances of repayment are not bleak:


Credit history, to ascertain the loan seeker’s past financial record as good or average or bad.


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Debt to income ratio (DTI = Debts/Income), to compute the loan seeker’s current monetary position.

Depending on the above-mentioned calculations, the lender categorises the loan seeker as: prime customer (person with a good credit record), near prime customer (person with an average credit record) or sub-prime customer (person with a poor or bad or adverse credit record).

A sub-prime client is further categorised to get a better idea of the hazards that he may pose – low adverse credit, medium adverse credit or heavy adverse credit. After this detailed evaluation and classification, the lender approves the loan application/amount and decides the loan terms/conditions.

Sub-prime loan seekers can avail credit support under the ‘bad credit personal loans’ category. Available in both secured and unsecured form, this special personal loan sub-category helps people bring their lives back on track.

For obvious reasons, prime and even near-prime customers can negotiate for a favourable loan deal. But, sub-prime customers have to settle for high APRs, and stringent loan terms and conditions. Still, secured loans are more gainful and are generally easier to get as compared to unsecured loans.

Secured bad credit personal loans, the best solution for homeowners and property owners, are comparatively safer for the lenders, as they are availed by pledging collateral. As a result, there are chances that the loan seeker may get a less stringent loan deal.

But, unsecured bad credit personal loans, probably the only option for those UK residents who are incapable of offering collateral, are risky for the lenders, as they are availed without pledging collateral. As a result, the creditor cannot afford to offer a flexible loan deal.

About the Author: For more information, kindly contact us at below address-

Parade House, 135, The Parade High Street, Watford, Hertfordshire, WD17 1NS loans11.co.uk/contact_us.html

CALL FREE: – 08000973655 loans-enquiries@loans11.co.uk loans11.co.uk



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