Zavron Finserv Leading NBFC | Fintech | India

It has been more than a year since the pandemic struck our country which led to two lockdowns in the nation. Businesses disrupted during this period. Traditional funding sources started to dry up. People started looking for alternatives which could fill up the gap between the demand of liquid cash and its availability. The MSME sector contributes significantly to the country's GDP and this sector saw a big fall after the lockdown commenced. Millions of people lost their jobs, many faced salary cuts and medical expenses rose like never before. During these tough times, fintechs are playing a major role in the revival of the economy by meeting the urgent demand for working capitals, making special support plans and altering the credit score models. Innovative capabilities of fintech companies have transformed the lending business completely and made the credits easily accessible to the people who are using digital technology. They just need to download the app and a few clicks on t

COVID-19 pandemic has proven the established fact again that life is so uncertain. It has caused an unpredictable chaos in everyone’s life. This life threatening disease has spread so rapidly that everyone feels shattered and the economy has crumbled to the knees. Lakhs and crores of people have lost their jobs, others are facing cuts in their salaries and delayed payments, businesses are seeing downfall, rising prices of essentials, educational expenses of children, and if that is not enough, a steep rise in medical expenses seem to have broken us completely. Families are so devastated by the effects of COVID-19 that they are leaving no stone unturned to save the lives of their loved ones. People have spent their life savings, many of them have sold their properties to meet the costs of life saving facilities. Though the curve of the second wave has started coming down, the challenge does not seem to be over yet. Experts are predicting the third wave of the pandemic too. How cruci

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

  The COVID-19 Pandemic has exposed us to the most uncertain periods of our lives. Salary-cuts or late salaries, slow businesses, education expenses and above all medical expenses have made everyone’s life miserable. The second wave of COVID-19 has shattered our lives and shown us how frightening medical emergencies can be. These   responsibilities have caught us off guard. To arrange adequate funds for the treatment of the loved ones is a great challenge these days as the hospital bills have sky-rocketed. In this situation, one is left with no other option but to apply for medical emergency loan to pay-off the medical bills.   During a medical emergency, a personal loan from Zavron Finserv is like a silver lining to the dark cloud because it saves you from losing your life savings to pay off the hospital bills and other types of medical needs. Personal Loan to Meet Medical Expenses You can apply for a personal loan to meet all your medical expenses. An instant personal loan is

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

  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