Zavron Finserv Leading NBFC | Fintech | India

On 25th March, 2021, RBI Governor Shaktikanta Das crowned India as the most flourishing fintech hub of Asia. With an estimated adoption rate of 87% as compared to the global average of 64%, India is well on its way to become the leader in global fintech development, and a significant credit of this change can be traced back to the launch of several fintech applications . While at first glance it might appear that the advent of so many fintech applications has only redefined the online lending process, however in reality over the past couple of years, both offline and online lending value chains have been completely overturned and both of them are now experiencing a better reality.   So, how did fintech applications impact the offline lending industry? This is exactly what we will be answering in today’s blog post. What Is the Lending Value Chain? One of the first and most important aspects we need to understand is the meaning of a lending value chain. In simple terms, a lending

If you have been researching about personal loans for some time now, one term which you must have come across in your research is floating rate of interest. However, although a number of online resources have covered this topic in the past, it still remains an area of equal interest and confusion among the average consumer. Thus, in today’s blog post, we will share with you everything you need to know about floating rate of interest along with its various applications. Without further ado, let’s get started. What Is Interest Calculation? One of the first and most important aspects we need to understand is the mechanics of interest calculation in a personal loan in New Delhi before comprehending the mechanics of a floating interest system. In simple terms, the interest calculation is the process of determining how much in excess of the loan amount you have borrowed you will need to pay back to the lender for the services they have provided. Although the actual calculation of