FOIR is essentially the debt-to-income ratio of an individual borrower. Read on to know about the FOIR meaning & its impact on personal loan approval.

Sound financial planning can help you manage your essential and regular expenses conveniently. A recurring income, expenditure, and savings outlay can help you handle planned and unplanned financial requirements. However, sometimes, you find yourself amid a chain of monetary situations with short deadlines. Loans are ideal in such circumstances.

Check our top 10 benefits of Gold Loan at IIFL Finance. Know more about the features of Gold Loan and advantages of applying for gold loan at IIFL Finance

Many Indians own gold but hesitate to keep it at home due to high risk of theft. Bank lockers offer a safe alternative, with strong vaults, secure areas and restricted access. While you don’t earn interest on gold stored this way, its value rises with market upwards trends. To use a locker, one fills out an application, chooses size, tenure (minimum usually one year), agrees to terms, pays rent up front, and may designate joint access. A gold loan can also be taken by pledging the locker-held gold as collateral. Locker fees vary, and the bank assumes liability if theft occurs.

Lenders measure the creditworthiness of the borrowers before granting loans. Know the minimum CIBIL score required for personal loan approval!

working capital management states means a business must monitor its assets and liabilities to ensure it has enough cash flow to meet its daily operations. Get more details here.

The CIBIL score is a good parameter to judge a person’s potential to repay loans. Read on to know the importance of CIBIL score for personal loan at IIFL finance.

Having a business gives individual unlimited earnings potential and flexibility to operate. Read to know about the business ideas to think about.

Equipment Financing helps the business owners to raise immediate capital and run the operations smoothly to increase the business sales. Read to know about the equipment financing.

You can reduce your EMI’s by transferring your existing personal loan. Know the eligibility criteria before transferring your personal loan here!