Throughout life, everyone covers numerous personal or business expenses sooner or later. Either you can cover such expenses using your hard-earned savings or raise external capital and repay it steadily over time. Most individuals prefer the second option as they don’t have to spend much of their savings to cover recurring expenses.

Depending on the lender, the personal loan age limit varies between 18 to 70 years. But, how do age limit affects personal loan eligibility? Read to know!

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.

Personal loans are convenient in times of emergencies, but managing its EMI payments can get a bit difficult. Here are some tips to manage your personal loan EMI payments & control repayments.

Every borrower enjoys certain rights in case of loan default. IIFL Finance helps to explain the rights as a personal loan borrower in detail. Click Here!

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.

A monthly income of 15000 falls under the high risk category for lenders. Read on to know how much personal loan you can get for 15000 salary!

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

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.