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Is It Secure to Get an Instant Loan Through an App in India?

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  Although the concept of a instant personal loan has become popular in India over the past couple of years, one doubt which continues to remain intact in the hearts and minds of borrowers is the safety of availing an instant personal loan in India through a mobile application.   In the light of recent events, where several borrowers where several borrowers across the country committed suicide due to constant harassment from lenders, it is only natural that several of us are now reconsidering whether taking a personal loan is actually a good idea or not.   Thus in today’s blog post, we will speak about the same in detail, and we will shine light on the issues which are troubling borrowers the most.   Without further ado, let’s get started.   Difference between Banks and Personal Loan App:   One of the first and most important aspects we ought to understand is the actual difference between availing a personal loan from a bank or a financial institution and a persona

Personal Loan vs. Professional Loan: The Differences You Need to Know

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As offices and educational institutions around the world start resuming their operations after the COVID-19 pandemic, the need of the hour is skilled professionals who can assist them in their revival. Although organizations are willing to pay sufficient compensation to those with the right talent, the challenge is to find employees with the right skill sets. Thus naturally, it is important to constantly up skill our present abilities. However, although all of us have considered at least once to partake in an up skilling course, what hold us back is the options available to us to finance the same. Although we have heard of both professional and instant personal loan being available in the market, without learning about their complete differences, it becomes challenging to arrive at a decision, and thus in today’s blog post, we will take a deeper dive into the same. Without further ado, let’s get started. What Is a Professional Development Loan? One of the first and most import

How Fintech App Impacted Offline Lending Process

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

What Does a Personal Loan Floating Rate of Interest Mean?

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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

Why to Keep ZinCash Loan App in Your Mobile Phone

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As an avid smartphone user and a member of the internet generation, I am sure you receive multiple requests on a daily basis to install a variety of mobile applications on your smartphone. While each of these applications might be different in their utilities, one common hamstring which binds all of them together is that they claim to make your life easier in a variety of ways.  Now, how far these claims are true depend on your use, however in today’s blog post, we will share with you an application which truly lives up to its claim, and that is the ZinCashLoan App .  Without further ado, let’s get started. What Is the ZinCash Loan App? One of the first and most important aspects you need to understand is the essence of the ZinCash Loan App. In simple terms, the ZinCash Loan App can be understood as a personal loan application which you can leverage to secure a personal loan in the range of ₹10,000 to ₹120,000 through the comfort of your mobile phone. While there are multiple pe