The term turns up in loan comparisons, mortgage articles and the occasional sanction letter, and it puzzles most Indian borrowers on first meeting because it is largely an imported idea. A loan discount fee, also called a discount point, is an upfront payment made to the lender at the start of a loan in exchange for a lower interest rate through the tenure; one point conventionally equals 1% of the loan amount. It is common in overseas mortgage markets and rare in mainstream Indian lending, where upfront charges usually mean processing fees instead, and where secured products such as the Gold Loan from lenders like IIFL Finance keep the fee structure simpler still. This guide explains the meaning, the arithmetic, the break-even test, and the Indian charges the term is often confused with.

Ninety days. That is the line, and everything about the term follows from it: a loan becomes an NPA, a Non-Performing Asset, when its repayment stays overdue past 90 days, at which point the lender must reclassify it under RBI norms and the borrower's troubles begin compounding. The rule applies across lending, and gold loans are no exception, though they come with clearer warnings and better exits than most. Understanding the classification ladder, the consequences, and the practical steps that keep an account regular, steps lenders such as IIFL Finance actively support through reminders and flexible schemes, is the cheapest financial protection a borrower can own. This guide covers all of it, in the order trouble arrives.

MSME loan for service sector businesses has become an important source of formal finance for enterprises that rely more on skilled professionals, technology, and service delivery than on large physical assets.

Wondering whether if you will be able to establish home loan eligibility with a lender? Relax. You have landed on the right place we are here to give you the right tips to qualify for a home loan.

Applying for home loans is now digitized and customer can easily apply for a home loan from comfort of his living room simply by clicking the apply now button on websites of financial institutions

With changing times, most people get a joint loan with their spouse and co-own their home, thus sharing the responsibility of realizing a dream.but this has tax benefits as well one should be aware of.

Lenders often check your CIBIL score before lending loans. Get to know how to get personal loans with low CIBIL score with IIFL Finance. Visit for more details!

Need small capital and on an immediate basis? One can avail quick loans against shares, debentures and bonds. Advantages of loan against securities are many as listed on the page.

Let's take a look at some of the factors lenders examine before sanctioning loans. Browse through the page to know how to crack your business loan application.

First and foremost, you need to educate yourself about the aspects that would help you get your home loan approved. Follow the following mantras and you will make a winning home loan application.