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When in need of substantial financial assistance, leveraging the value of your property can be a viable solution. A loan against property allows you to borrow funds by pledging your residential or commercial property as collateral. In India, several reputable financial institutions offer loan against property options, providing individuals and businesses with the means to access substantial funds. In this article, we will explore some of India's top financial institutions that offer loan against property. 1. Axis Bank Led by its Managing Director and CEO, Mr. Amitabh Chaudhry, Axis Bank is a prominent name in the Indian banking sector. The bank offers loan against property that extends to Rs. 10 crores with interest rates starting from 7.75% and a loan tenure of up to 20 years. With a wide network of branches and a reputation for excellent customer service, Axis Bank provides tailored loan solutions to meet the diverse financial needs of its customers. Also Read: A Guide To 5 Of T

  Effective working capital management is crucial for the financial health and sustainability of any business, regardless of its size or industry. It involves monitoring and optimizing the company's current assets and liabilities to ensure smooth operations and maintain sufficient liquidity. Let’s explore the reasons why working capital management is important for businesses. 1. Maintaining Sufficient Cash Flow One of the primary reasons for focusing on working capital management is to maintain a healthy cash flow. By efficiently managing current assets, such as cash, accounts receivable, and inventory, businesses can ensure that they have enough liquidity to cover their operational expenses, pay vendors, and meet short-term financial obligations. This helps avoid cash flow shortages and minimizes the need for expensive external financing. Also Read: Importance Of Working Capital Management In Business 2. Managing Seasonal Fluctuations and Business Cycles Many businesses experience

  It is imperative for any company or individual to have a satisfactory credit profile in order to qualify for a loan; however, having a low CIBIL score can impede one's access to a loan or other financial support. A score of less than this suggests that the individual has a prior history of credit failure or late payment, which can lead to a decrease in one's credit score. Nevertheless, there are ways to secure financing despite having a poor credit profile. Here are five examples of how to obtain a CIBIL loan with a score lower than this. 1. Consider Getting A Loan From An NBFC An NBFC can provide assistance in the event that a personal loan is declined by a renowned bank. In fact, some Non-Banking Financial Companies (NBFCs) were established to facilitate access to credit for individuals who are not able to secure formal and established lenders. It is important to note, however, that if a personal loan is secured by such a non-banking financial company, the individual may be

  All types of loans are secured or unsecured. In both cases, the borrower is required to borrow money from the lender, pay interest on the borrowed amount, and repay the loan in monthly installments over a predetermined period. However, there are some key distinctions between unsecured and secured loans, such as the degree of risk associated with them, the amount of debt that can be borrowed, and the interest rate that can be charged. What Is A Secured Loan? Secured loans are a type of borrowing that require the use of a valuable asset or property as collateral to secure the loan. These assets may include a home, but may also include other assets such as a vehicle or jewelry.  In the event of a loan default, lenders have the legal right to take possession of the asset or property offered as collateral to recoup the loan amount. Secured loans offer a reduced risk to the lender, and are typically offered at lower interest rates. Nevertheless, lenders will assess your credit and financia