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Be it owning a cab or driving, the process always involves various types of unprecedented events like accidents and breakdowns. In India, the rising rate of road accidents and the startling charts and stats may not give you a very promising outlook in this regard. Therefore, when the sense of security is in question, driving on an Indian road could be challenging unless you have a commercial vehicle insurance policy. Availing commercial vehicle insurance will help a cab owner to protect his vehicle from any kind of damages and, at the same time, also help him to comply with the Indian Motor Vehicle Act.  Why as a Cab Driver Should you Avail a Commercial Vehicle Insurance in India?  In India, there is a separate commercial vehicle insurance policy for each type of vehicles like trucks, buses, cabs, etc. Consequently, if you happen to be a cab driver, then availing commercial…

Real estate investors keep eyes on the latest changes on the market and turn to alternative investment options accordingly. A private real estate lender is one of these alternative investment options investors can use. They opt for this type of lending because they get more control over the investment. In private lending, the lender lends his own money which a real estate investor uses to fund construction, rehab or commercial projects. Private lending is more beneficial for a real estate investor than a bank or any other traditional lender. These benefits include better control, quick funds, and more options.  After evaluating his needs, a real estate investor finds a private real estate lender and discusses his deal. If the lender approves your application, you will enter the private lender agreement.     Private Lender Agreement Whether you are dealing with a private lender or a bank, documentation is important. It does not…

Having a shelter is one of the basic needs of every human being. That is why people no longer wonder why real estate transactions seem to be endless. People buy houses to be their homes and some for business.  People also sell houses in instances when they feel that they need a smaller or bigger house,  they need to relocate, or for some other personal or financial reasons. To save one’s self from the very tedious process of selling or acquiring a property, it is best to seek the help of professionals in the field of settlement services. Below are the specific Settlement Services that can be availed in hiring such professionals:- Title Services Providers of settlement services will handle the conduct of title searches and examinations to ensure that the real estate transaction will be free from issues that could hinder the closing of the property sale. If there…

The real estate sector of India is one of the fastest-growing sectors of the country and is expected to contribute approximately 13% of the total GDP. Various government-mandated schemes are working towards the realisation of this target by boosting the supply of housing and providing income tax waivers. Major financial institutions offer a joint home loan facility on such credits as well to make housing loans more affordable. Housing sector of India at a glance 50% quarter-on-quarter rise in new housing launches was witnessed between April and June 2018. 8.09 million houses were sanctioned to be built in May 2019 under the Pradhan Mantri Awas Yojana. 25 basis point deduction in the repo rate was announced by the governor of RBI in April 2019 to increase credit availability. This directly reduces the home loan interest rate levied by major financial institutions. The booming housing sector in India is further boosted…

Shipping Containers are huge steel boxes used for the storage and transportation of goods. You have probably seen these huge containers on the ships or rails often. They are built in a way that they could easily withstand the shipment and keep it safe. Shipping containers are available in an assortment of selections from large reusable steel boxes for inter modal shipments to the ubiquitous corrugated boxes. Also called multi-purpose cargo containers, these huge boxes are intended to be moved with goods inside it They can be moved on ships, boats, lorries, and rail. Their use in global transport has changed the paradigm of the transport industry worldwide since they can be moved from one country to another. They are solid and tough to shield their content from cruel ocean conditions during the transport. It is these attributes that make them reliable for transportation of bulk products lie automobiles and…

Every business owner, small or online, offline or online, new or established, requires machinery, such as ranging from the basic ones (such as computers, printers, phones, desks and other furniture) to the large ones (such as trucks, cars, specialised machinery and other industrial equipment) daily. No business, whether small or big, can run smoothly without proper machinery to reduce the workload and increase productivity. Hence, machinery is a vital accessory to all sorts of business. Machinery loans refer to loans which provide monetary assistance to purchase machinery without having to compromise a substantial amount of business funds. Moreover, a machinery loan also provides funds for repairing an existing piece of machinery or upgrading it to state-of-the-art technologies. A machinery loan increases the productivity of the business and expands the customer base as well, thereby increasing overall business profits. All types of business loans in India, including machinery loans, have seen…

Your CIBIL Score is an important determinant of your personal loan application. The score helps lenders assess your credit worthiness based on which your loan application is approved or rejected. CIBIL Score in India is generated by TransUnion CIBIL, an RBI registered company which is among leading credit information companies in India. The credit bureau is responsible gathering and maintaining payment records of lakhs of loan and credit card holders. A high credit score represents strong repayment and credit behaviour whereas a low credit score indicates low credit worthiness. A low credit score can lead to rejection of your loan application or approval of the same at a high interest rate. Using a handy EMI calculator to help make things easy becomes important here. What is considered as a good credit score? A CIBIL Score ranges from 300-900 with 300 being the lowest and 900 the highest. Having a score…

Are you trapped in credit card debt? Well, and then know that you are not alone as studies show an insane number of people having credit card debts. However, not everyone is aware of the various quick and easy ways of paying off credit card debt like cash loans online. If you are one of those who is also trapped in credit card debt and wondering whether you can utilize a payday loans for tackling credit card debts or not, then here is all you need to know about how practically and smartly you can handle your credit card debt quickly. Pay Off the Most Expensive Debts First For those who have debts on multiple credit cards, the best way to handle credit card debt in such scenarios is by starting with paying off those with the highest interest rates. Whether it’s from your monthly income or by relying on cash advance, make sure…

As an owner of a small business, your sole motive would be cutting costs and making more money. At the same time, you need to protect your assets and ensure that you don’t incur any massive loss in case of any accidents and mishaps. The best business insurance for small business would be one that gives you the cover you need at the best possible rates with decent turnaround time. However, with so many choices online, it is difficult to know what you need in your commercial auto insurance and small business insurance rates that would be the most lucrative for you.  Before we start, you must ensure that you understand all the aspects of business insurance to be able to understand the plan better and get the best deal for your small business. The best business insurance for small business would be one that has a minimal turnaround time…

For those who want to make some side income at low rate of risk and investment, the share market can be the most beneficial option. Usually with the term share market people guess it as part of intraday or delivery trading but there is also some more option which is known as derivatives. In this option one can find some more alternatives which are known as future and options. They are not in the form of spot trades such as intraday or delivery as they are contract based trades. The trader who wants to trade in F&O needs to have NSE F&O span margin calculator first with the help of which he can know the amount needed to be paid to the broker. The account opening and margin money: For those who have high risk bearing capacity and want to go for better profits this option can be much beneficial.…