Emergency fund is money stashed away to be used for unforeseen costs and expenses thus easing the financial stress arising during difficult times.

NMI in Loan terms is the (Net Monthly income) disposable income that a borrower receives every month after meeting his regular expenses and deduction of taxes and any other outstanding liabilities.

IIFL Finance Awards 2023 - We are elated to announce a momentous achievement for IIFL Finance – that we won a award of Iconic Brands of India, by ET Edge, a distinguished initiative by The Economic Times.

Unsecured loan is a loan that does not require any collaterals to avail them. It translates to a lender approving a loan based on the borrower’s creditworthiness.

As Indians, our emphasis has traditionally leaned towards saving rather than investing, but the evolving financial landscape has prompted a shift. People are increasingly navigating complex financial terrains and are willing to take expert advice in managing personal finances. It has become crucial ...

Gold coins are generally better for investment due to higher purity, standardization, and easier resale compared to gold jewellery, which includes making charges. Jewellery, however, offers dual utility as both adornment and asset.

Thе concеpt of EMI is most commonly associatеd with loans, whеthеr for a homе, car, or any othеr substantial purchasе. EMI is an important concept a borrower must know. Read to know more!

Buying or selling physical gold entails all forms, including jewellery, gold biscuits, ornaments, coins, etc., and has historically remained a popular investment option.

Gold holds a special place in our lives and economies. Its rarity, beauty, and enduring value make it a symbol of wealth and authority. Hence, today also, gold means sheer purity.

Learn what LTV in gold loan means, how gold loan LTV ratio is calculated, and why it matters for your borrowing power. Understand RBI guidelines and lender criteria.