Posts

Showing posts with the label marriage loan

How Is Your Personal Loan EMI Calculated: Understanding Your Loan Amortization Schedule

Image
If you have been considering getting a instant  personal loan for some time now, one question which must have definitely crossed your mind is how will my personal loan EMI be calculated? At first glance, answering this question might appear to be as simple as relying on the lender to extend you an EMI offer and you simply accepting it. However, the actual mechanics behind this calculation are a little different and equally important to understand. Thus, in today’s article, we will share with you the inside workings behind the calculation of your personal loan EMI and the subsequent loan amortization schedule, thus empowering you with the ability to do it yourself. Without further ado, let’s get started. How Is Your Personal Loan EMI Calculated? To understand the calculation of your urgent personal loan EMI calculation, one of the first and most important aspects we need to grasp are the various factors which affect it. While there can be a number of them, the most significant

Fintech Applications and Their Impact on Banking Systems in India

Fintech is the combination of two words: Finance and Technology. When the companies providing Financial services use technology they are called Fintech companies . Fintechs have notably revolutionized the field of traditional banking and financing services. Banking systems have seen a significant makeover due to the development of Fintech Applications. In the beginning, technology was being used only in the backend systems. Now, its abundant use can be seen in all the fields of financial services. If we see its use in mobile and online payments, fund management, stocks, etc. we can say that Fintech Applications have a great impact on banking systems in our country and a complete transformation can be seen in the fundamental process. Fintech applications have made digital payments possible, insurance claims can be made sitting at home within almost no time, lending and borrowing processes have become easier and customer friendly. Banks and financial companies are adapting to the cus

Should you apply for a personal loan for marriage? Why and How?

Image
The years 2020 and 2021 have been very challenging. We are going through a pandemic which has drained us off our physical and mental health and financial health as well. People are struggling to keep their jobs, to meet the medical expenses and the wedding dreams have taken a hit because of the concerning financial situations amidst many restrictions. If you are someone who has faced difficulties meeting their wedding expenses and are worried that your dream wedding might not come true, we have a solution for you. Zavron Finserv provides Marriage Loan  to all the eligible applicants with an aim to bring them happiness and joy. We will tell you everything you should know about Marriage loans and why applying for a personal loan to pull off a wedding is not a bad idea. Read on. Why to apply for an instant personal loan for marriage? Is it even possible? Marriage is a special bond. A bond where you and your partner get together to make your wedding the most memorable one. It is a once in

Fintech Trends to Look For 2021

Image
  2021 is the year of rebuilding and innovation. 2020 has made us realize the flaws in our system. The process that we deemed impenetrable proved to be as delicate as they come. One of the sectors that have been dramatically affected by the pandemic is the Financial Technology sector.    Financial Technology, more commonly known as Fintech is the use of Technology in the Financial Industry to make the process swifter, more user-friendly, much easily available to a broader consumer base. Features like Online Banking, Online Credit, UPI Money Transfer, Online Consumer KYC, Mobile Trading, Cryptocurrency are some of the features that have revolutionized the Fintech Sector.    2021 promises even more exciting trends as it settles here. Let’s look at some of the major Fintech trends to look for in 2021. But before that, let’s do a quick recap of the year Fintech year 2020. Fintech in 2020 2020 will go down in history as the year of the pandemic, but there is so much more to the year

How Are Digital Only Financial Products Changing The Course Of Marketing?

Image
The future of the world is encrypted in 1s and 0s. Either everything has gone digital or they are in the process of it. Finance and Banking is one such space where digitization has had a massive impact.   Not only has the Digital boom in Finance made us avoid the plethora of red taping that comes with offline bureaucracy, but it has also opened unexplored avenues for bankers and customers alike to grow their businesses.   We will be studying the impact of Digitization on Financial products and how it has affected the course of Marketing. Firstly, we will begin by understanding the term Digital Only Financial Products. Later we will move on to their impact on our lives. Also, we will try to predict the future based on the current scenario. Let’s go. What Are Digital Only Financial Products? Digital Only Financial Products and services are something that exists in your smart phones. They provide all the services, even more in some cases, that traditional banking and financial products pr