Zavron Finserv Leading NBFC | Fintech | India

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

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

If you are a present borrower of an instant  personal loan , one question which must have definitely come across your mind is, should you foreclose your urgent   personal loan ? While the answer to this question might sound as simple as checking the amount of funds available in your account, in reality, there are a lot many things you need to consider before going ahead with this decision, and in today’s article, we will discuss exactly that. What Is Foreclosing? Before we dive into the various aspects, you should coherently consider before foreclosing your personal loan , one of the most important things we need to understand is the meaning of foreclosing. In simple terms, foreclosing can be understood as a process wherein you request the lender to grant you permission for paying off the remaining loan amount along with interest, although the total tenure of the loan has not yet been completed. Generally, most lending instruments available in the market these days allow foreclos

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

The lockdown due to COVID-19 has induced a spike in the popularity of fintech applications. People are opting for net banking and mobile banking services. Fintechs are playing a vital role in diminishing the economic and social repercussions of the current COVID-19 catastrophe.  Expanding the financial horizons of low income families and small businesses can also help in a comprehensive recovery. Fintechs are more agile, competent and economical than the conventional financial services. These are the reasons behind their increasing reach among financially weaker groups and small and medium sized enterprises (SMEs). When the country was hit by the COVID-19 health disaster, fintechs enabled cashless and contactless transactions. They also helped to expedite the swift and efficient implementation of support measures taken by the government.   Many fintech companies have set apart their commercial objectives and for now they are concentrating on the welfare of their staff and consumers.

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