Loan Basics Articles
6 articles — rates, eligibility, EMI tips and strategy for Indian borrowers.
Business Loan for Small Business India 2026 — Rates, Eligibility, and Government Schemes
A complete guide to business loans for MSMEs — from MUDRA loans at 8.5% to collateral-free CGTMSE loans up to ₹2 crore. Rates, eligibility, documents, and how to choose the right product.
How Much Loan EMI Can You Afford? The FOIR Framework Explained
Banks use FOIR (Fixed Obligation to Income Ratio) to decide your maximum EMI. Here's exactly how it works, what your lender's limit is, and how to maximize your loan eligibility without overextending.
Personal Loan Eligibility in India 2026 — How to Get Approved at the Best Rate
Three steps taken before applying — improving CIBIL, closing one EMI, and applying to the right lender — can unlock ₹3–7 lakh more in loan amount and a 2–4% lower interest rate. Here's the complete playbook.
Flat Rate vs Reducing Balance Interest — Why Your Lender's "10%" is Really 18%
A personal loan at "10% flat rate" costs you almost the same as one at 18% reducing balance. Here's the exact maths, a conversion formula, and how to never get fooled again.
What Happens If You Miss an EMI? Consequences, Fees, and Recovery Steps
Missing one EMI triggers a cascade — penalty fees, CIBIL damage, and eventually legal action. Here's exactly what happens at each stage and how to stop the cascade before it starts.
Loan Amortization Explained — How Every EMI Is Split Between Interest and Principal
In the first year of a ₹50 lakh home loan, 86% of your EMI goes to the bank as interest, not equity. Here's how amortization works, why it matters, and how to use it to pay less.