Zavron Finserv Leading NBFC | Fintech | India

  NBFCs are Non-Banking Financial Companies that deal with loans and other financial activities but they don't have a banking license instead they are registered under the Companies Act 1956. A company with the primary business of receiving deposits under any scheme in a lump sum or in installments or in any other manner is also known as Non-Banking Financial Company (Residuary Non-Banking Company). Activities NBFCs are Involved in Non-Banking Financial Companies are primarily involved in the activities such as Loans and Advances, Hire and Purchases, Leasing, Insurance Business, Chit Business, Acquisition of Shares, Debentures, Stocks, etc. Activities NBFCs cannot be Involved in Non-Banking Financial Companies cannot be the institutions that are primarily involved in Agriculture, Industrial Activity, Sale, Purchase or Construction of any immovable property, Sale or Purchase of any Goods other than Securities. Criteria to become an NBFC The Reserve Bank of India has i

Technology has taken over every aspect of our lives. Be it communication, transportation, or banking, technology and digitization have completely revolutionized the workings in every field. Financial institutions have not been an exception to this revolution. Post 2016, the lending market has been booming in India and there is no stopping to it whatsoever. The major urban population has shifted to mobile based banking facilities including getting personal loans or for the transaction of money on a daily basis. In this article, we will be talking about digital lending apps and why are they picking up. We will also look at what the future holds and if there are any challenges that they bring along. Read on to know everything about digital lending apps and what the future prospects are. What is Digital Lending? Before diving right into what is the future of digital lending and why is it picking up in India, let’s discuss what is digital lending. As the name suggests, digital lendin

The new year is the time for new resolutions, new promises, new energy. And the new financial year calls out to set up new goals and to work towards achieving them. Managing finances smartly is something we all want to do and end up craving for more.   Here are few suggestions, which will help you to manage your finances smartly and make your future secure: Start making a budget Making a budget helps us to plan our expenses better. Considering your monthly earnings, allot a certain amount of money to the different accounts i,e House rent, grocery, school fees, fare or petrol expenses, and so on. In the beginning, you might find it difficult, but gradually you will find it quite helpful in managing your expenses. You may either use a notebook or you can use any mobile application to make your budget. There are several free applications available in the play store/app store for the same. Pen down your expenses Make a habit of noting down all your big and small expenses, whe

A financial need may occur at any given time, and there are times when you need it but haven’t prepared for it. This is when you may think of applying for a loan from a financial institution. You can choose Zavron Finserv to fulfill your financial needs. We offer instant personal loan , business loans, second-hand car loans, and two-wheeler loans as well. We have helped people with instant loan approvals at competitive interest rates without putting any hassle on them. This article is a summary of Zavron Finserv’s loan application process and eligibility requirements. Read through to know how you can get quick personal loan and other loans as per your financial needs. Types of Loans Offered By Zavron Finserv At Zavron Finserv, we offer loans that help cover financial crunches in the time of need. You can apply for a loan when you are in an emergency, preparing for a wedding, planning a vacation, renovating your home, buying a two-wheeler, or have your eyes on a second-hand car

  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

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

A credit report is the summary of your credit transactions from the past and present. Therefore, having a check at your report regularly helps in identifying any faults or discrepancies that can affect the overall credit score. A good credit score is a testimony of your good financial health, thus making the borrower eligible for the best offers on instant personal loan and credit cards.   With various credit options available with borrowers these days, there is a higher possibility that they make a few credit mistakes. The facilities like quick personal loans disbursal, minimal documentation, flexibility in payment tenure, etc. are favorable for customers, however, while applying for a loan, the borrower might fail to pay attention to some of the critical aspects associated with it, calling in rejection of their loan application. Before we dive into the mistakes that can affect your credit report we would like to present a fact that you might not be aware of. If you are looking