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Simple Ways to Create a No Nonsense Approach to Your Business

Gone are the times where a group of numbers are used as basis for an individual’s identification. Also, no more are instances wherein an employee has got to use an access card with great care he or she will gain entry or access to the office or facility. Nowadays, tons of business and governments have invested on biometric logging systems, which are software technologies that use persons’ physiological characteristics for safety and security purposes, whether it involves logging in or logging out of labour or accessing vital data. These software systems power certain hardware that function physiological readers. The unique information obtained from fingerprints, finger or palm veins, irises, or maybe facial composition are then stored within the software, identifying the individuals.

Ever since the arrival of the web and advancements in technology sector, many CFD trading businesses have flourished. Case in point: the increase of the outsourced employees. Many of today’s big names within the industry had humble beginnings as start-up companies. One among the explanations for his or her success is by knowing where to take a position and what systems to adapt. Start-up companies can greatly enjoy investing on biometrics. However, it’s important that they strongly consider which software and hardware best suit them supported what they have, also because the nature of their CFD trading business and other circumstances.

As such, here are some considerations before making an investment on biometric systems:

• There is nothing wrong with investing on fingertip scan technology, which is that the commonest sort of biometric system. However, start-up companies must also consider if it works during a certain sort of working environment. As an example, workers exposed to dirty tools and machinery, to not mention the likelihood of sustaining cuts and bruises, would have difficulty having their fingertip scanned due to their hands’ condition. In such instances, fingertip scanning systems aren’t conducive during this sort of working environment.

• While fingertip scans are available, there also are other sorts of biometric scanning systems that start-up companies may consider investing. Samples of such are the palm vein and finger vein scans, also referred to as vascular biometric systems. Rather than fingerprints, the vein pattern underneath the skin of the finger or palm is employed to spot the individual.

• Start-up companies shouldn’t recoil from investing on biometric systems, albeit it’s somewhat costly. They ought to view it as an impractical investment; instead, they ought to view the future benefits of getting one.

The impact of biometric logging systems goes way beyond personnel identification, as these have also extended to issues with regards employment and labour as mentioned by experts. Tons of employers have invested on biometric scanning systems as how to scale back instances of labour errs clocking in and out of work on behalf of their other co-workers, which is fraudulent. Employers also found these systems beneficial due to their accuracy, hence avoiding the likelihood of employees alleging claims of failure to pay overtime.

On the opposite hand, some employees have challenged the utilization of biometrics, not only seeing them as intrusive of their privacy, but also discriminatory in certain aspects. Problems with disability and non-secular beliefs gave rise to numerous lawsuits and claims in connection to the utilization of biometrics. This is often why it’s imperative for employers to get the groundwork on ensuring that the fears of employees using biometrics for the primary time are allayed.

If anything, we are already within the age of biometric systems. It’s not anymore a topic of science fiction; they’re here to remain for an extended time. It’s really up for the start-up companies to form careful choice in not just making such an investment, but also making it work for the advantage of their employees.

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Business

Personal Loan vs Car Loan

Right from our very young age, we have heard about car loans as an option to finance our dream vehicle. Right from our parents suggesting to applying for one, the day we want to buy our car all the way to automobile companies regularly promoting their car loan offers, all of us are well accustomed to what a car loan is and how it can help us in financing our dream vehicle. But in recent times, another financial instrument that has gained popularity for being able to finance big purchases is a personal loan. Although the concept of a personal loan is quite new in India, many millennials are going for it, thanks to the easy application process and, moreover, the attractive rates of interest it offers.

If you have been planning to get a vehicle for your family or yourself for some time now and are confused between the choice of a car loan and a personal loan, this article is for you. In today’s article, we will share with you everything you need to know about both these products and hopefully help you in deciding which one will be best suited for you.

Let’s get started.

What Is a Personal Loan?

One of the first and most important aspects you need to be aware of is the meaning of a personal loan. A personal loan can be understood as a short-term unsecured loan of amounts ranging between ₹10,000 to ₹25,000,00, which comes with low and competitive interest rates and also flexible repayment options.

An unsecured loan is any loan that is collateral-free, meaning as a lender, you do not need to pledge any asset or put forward any collateral to avail the loan. Since a personal loan is an unsecured loan, it comes with many advantages, the most significant of which is the fact that you do not have to showcase any asset to reap the benefits of this loan. You can simply apply for a personal loan through a lender of your choice, and within 24 hours, you will have the money in your bank account. Along with this, personal loans also come with flexible repayment options and attractive rates of interest, both of which are often missing from other traditional loans in the market.

What Is a Car Loan?

Now that you know the meaning of a personal loan let us understand the meaning of a car loan. A car loan or a four-wheeler loan is a type of loan which helps you finance the vehicle of your choice by lending you upto 80% on-road price of the vehicle. By taking a car loan, you can pay a minimum down payment, usually about 20% of the vehicle price, and convert the rest into easy monthly installments for the next 12 to 60 months. Car loans in India come attached with a fixed rate of interest and are designed in a way so that the average consumer from all income groups and economic backgrounds are able to buy the vehicle of their choice.

Difference Between a Personal Loan and a Car Loan

Now that you know the meaning of both a car loan and a personal loan let us explore some of the most significant differences between both of these.

Loan Amount

One of the first and most important differences between a car loan and a personal loan is the loan amount that you will be able to avail. A car loan in India generally gives you upto 80% of the current on-road price of your vehicle, meaning that the difference amount has to be borne by you in the form of a down payment.

On the other hand, if you take a personal loan to finance your vehicle, you will be able to get the full cost of your vehicle and thus completely eliminate the need to pay a down payment.

One of the main reasons behind this difference in loan amount is the fact that car loans are designed in such a manner so that the owner can take part responsibility for the vehicle from the very first day and also so that a payment discipline can be encouraged among future consumers. However, although this method was planned with a good intention, it quickly became a barrier to many, and thus personal loans were introduced, and the need for a down payment was abolished.

Interest Rates

The next difference between a car loan and a personal loan is the rate of interest at which both of them are offered. Car loans in India typically have a very high rate of interest, which ranges between 7 to 12% per annum, meaning that as a borrower, you will have to spend more money in the long run to afford the vehicle of your dreams.

On the other hand, the interest rates for personal loans in India are quite low and affordable. For example, MoneyView, which is one of the leading personal loan lenders in India have the lowest interest rates in the industry of 1.13%, which means that availing a personal loan with low-interest rates will enable you to save more money in the long run.

Secured vs. Unsecured Loan

The third important difference between a car loan and a personal loan is the fact that a car loan is a secured loan by nature, meaning that you have to put forward a collateral or pledge an asset in order to get a car loan. A lot of consumers might not realize this at first glance because a car loan directly doesn’t ask you for collateral when you apply for one.

But when you look into the terms and conditions of a car loan, you will quickly realize that your vehicle is, in fact, the collateral in this scenario, which means that if you fail to pay your car loan due to any reason, your vehicle will be seized and the loan company has the right to sell this vehicle to recover their losses. This process of making the vehicle the collateral for a loan is known as hypothecation, and this practice is prevalent across both four-wheeler as well as two-wheeler loans in India.

On the other hand, you do not need to pledge any asset or put forward any collateral to get a personal loan, meaning that you are the complete and rightful owner of the vehicle from the very first day itself without any complications.

Ending Lines: Which One Should You Choose?

Now that you know the difference between a car loan and a personal loan, the obvious question that must be pondering your mind is which one should you choose?

If you are purchasing a mid-range vehicle within ₹10 to ₹15 lakhs, you will always be better off if you choose a personal loan over a car loan with the obvious reason, being complete ownership of the vehicle and low-interest rates. So go ahead and apply for a personal loan to finance your dream vehicle today. All the best.

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Finance

Know the Benefits of Transferring a Home Loan

When you transfer your outstanding balance amount from your current lender to a new lending institution, it is known as a balance transfer. In this case, the new lender will pay off the outstanding amount to your current lender who transfers all loan-related documents to the former. You then pay the loan EMI to your new lender according to their interest rates and terms and conditions. Furthermore, there are several benefits that one can avail by opting for home loan transfer. Some of them have been mentioned below –

  • Lower interest rates –

If you are currently paying the home loan at a significantly high interest rate, then you can consider transferring your outstanding home loan balance to a new lender who is offering better interest rates. It will help in reducing the repayment burden for you.

Furthermore, opting for home loan transfer at a reduced interest rate will enable you to save a substantial amount in the long run.

  • Better service terms

Besides the reduced interest rate, the home loan balance refinance will also enable you to enjoy better service terms offered by the new lending institution. For instance, you can avail shortened tenor, better customer service, nominal foreclosure and prepayment charges when you switch your home loan.

  • Top up loans

One can also avail other facilities like top up loans when refinancing their outstanding loan amount. A top up loan is an additional funding option that one can avail on top of their home loan without meeting any eligibility criteria for submitting any documents. It has no end-use restriction and can, therefore, be used to achieve a host of financing needs like education fees, medical expenses, weddings and so on.

Some lending institutions also provide pre-approved offers to borrowers which makes the loan application quick and hassle-free. Such offers can be availed on multiple financial products like loan against property, home loans etc. You can check your pre-approved offers by entering your name and contact information.

When to Opt for a Home Loan Balance Transfer?

You need to know the right time to switch your home loan balance to make the most of the benefits.

  • The main objective of a home loan balance transfer is to reduce the interest rate on home loan as well as save a substantial amount. Consequently, you should only switch when there is a significant difference in the interest rate being asked by your current and new lender. You can also use a home loan balance transfer calculator to compute the reduction in your EMI amount.
  •  If you have just availed a home loan and are therefore still in the initial years of your repayment period, you can carry out a home loan balance transfer. Since at this stage, the interest component in your EMIs is higher than the principal amount you will be able to avail the benefits of reduced interest rates. On the other hand, if there are only a few years left in your repayment period, there is no point undertaking home loan refinance as at this stage.

Home Loan Balance Transfer Procedure

You can follow the steps to apply for home loan balance transfer –

Step 1: Make an application to your current lender, informing them that you want to transfer your home loan balance. You may need to pay a foreclosure fee.

Step 2: Collect all your documents along with the NOC or no objection certificate from your lender. Additionally, you also need to know what a home loan NOC and why you should get it.

Step 3: Submit the essential documents to your new lending institution.

Step 5: You will receive a confirmation message from your old lender regarding the closure of your loan account.

Step 6: Once you receive the confirmation, you need to pay all the requisite fees to your new lender along with the EMI.

Documentation

Given below are the documents that you need to submit during home loan transfer –

  • KYC documents
  • NOC
  • Property documents
  • For salaried employees – salary slip, Form 16 and account statement for the previous 6 months
  • For self-employed individuals – income tax returns for last year, balance sheet and profit and loss statement, business registration certificate.

You must also go through the eligibility criteria specified by your new lender to ensure that you are eligible for a loan balance transfer. Even though this may vary for lender to lender, there are some standard requirements you must meet. Such as, there must be no history of defaulting on your payments and your property must be ready to occupy or already occupied. Other than that, you must carry out a cost benefit analysis while opting for a home loan transfer facility.

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Business

How Much Personal Loan can You Get on Your Salary

When we start earning on our own and become self-independent, a common thought that arises in all of our minds is that never again will we need to borrow money from anyone. But no matter how well established we are and how much of a steady salary we earn every month, sometimes even the best of us face a cash crunch situation, where we need a quick way out.

In such situations, although there are a variety of options to choose from, one of the very best is to take a personal loan. A personal loan, which is a short term unsecured loan usually between ₹10,000 to ₹500,000, is transferred directly to your bank account by a lender who specializes in short term lending transactions.

If you are a salaried employee, getting approved for a personal loan becomes much easier, as the lender uses your steady salary as a guarantee that you will pay back your loan on time. But do you know how much amount you can get on a personal loan when you are salaried?

If this question has been pondering your mind for some time now, then this blog post is for you.

In today’s article, we will discuss the various factors that are taken into account while approving your personal loan application and also share with you the various amounts you can avail as a salaried employee from a personal loan. Let’s get started.

What Is a Personal Loan?

In simple terms, a personal loan is a short term, unsecured loan rendered by a lender who specializes in short term lending transactions. The amount of personal loan ranges between ₹10,000 all the way to ₹500,000 with some lenders rendering higher amounts up to ₹200,0000.

While the application process for a personal loan is very simple and straightforward, thanks to the huge number of lenders who are present in the market, getting it approved might be a challenge.

Factors Under Consideration

Now that you know what a personal loan is, let us take a look at some of the factors that are taken into consideration when you apply for a personal loan.

Credit Score

One of the first and most important factors that are taken into consideration when you apply for a personal loan is your credit score. In simple terms, you can understand your credit score as a number that determines your creditworthiness or, in other terms, how likely you are to pay back a loan when you take one.

In India, there are 2 main organizations that keep track of your credit score, and they are CIBIL and Experian. Both private organizations by nature take into consideration four main factors when assigning you a credit score; the number of loans you have taken in the past, the total amount of debt that you presently have, historical data on the EMIs you have paid, any missed payments or defaults which might have occurred in the past.

Depending on the lender you choose to apply with, they will either consult with your CIBIL score or Experian Score to determine if you are worthy of getting the loan or not.

Your Monthly Income

The second factor that is taken into consideration when you are applying for a personal loan is your monthly income. In this aspect, your application is categorized into either of two categories, salaried employee and self-employed professional. Depending on the category you fall into, your application is reviewed and then approved if you are eligible for the loan.

Generally, it has been observed that if you are a salaried employee, your chances of getting your personal loan approved are higher. While there is no set forth amount you need to earn every month in order to get a personal loan, different companies put forward different criteria based on their individual risk-taking abilities.

For example, Money View, which is one of the leading personal loan lenders in India, has a mandate which states that you need to have a minimum monthly income of ₹13,400 in order to apply for a personal loan on their website.

Along with this, when you start doing your own research and check with multiple lenders, you will realize that each of them usually has a higher minimum income amount when you are self-employed as compared to when you are a salaried professional.

Personal Details

Thanks to the digital India movement, most personal loan applications these days are completely online. All you need to do is either visit the official website of the lender or download their smartphone application and enter your details.

When applying for a personal loan, you will need the following documents.

  1. Aadhar Card
  2. PAN Card
  3. Residential and Permanent Address
  4. Phone Number
  5. Bank Statement

Although these are basic details and requirements, almost every personal loan lender in the market asks for these and takes them as factors under consideration when reviewing your personal loan application.

Thus you need to make sure that you keep all these details handy and that each of them is linked with one another so that your lender can seamlessly verify all your details.

How many loans Can You Get Depending on Your Salary?

Now that you are aware of all the criteria that are taken into consideration when lenders review your personal loan application, the obvious question that must be pondering your mind is, how much amount can I loan if I am a salaried employee?

Well, there is no clear mandate on how much money you can loan when you are salaried, but the general understanding in the industry is that the higher your salary, the better your credit score and the greater is the stability of your job, the higher will be the amount which you can loan.

Most lenders in India today give out personal loans in the range of ₹10,000 to ₹500,000 with some lenders giving as high as ₹25,000,00. Depending on the above-mentioned factors, the lender will assess your application and then approve your loan amount.

Conclusion

Getting a personal loan when you are in a cash crunch situation is one of the best things to do. Not only will it save you from your cash crunch situation, but also help you build a healthy lending habit and contribute to a higher credit score in the future. So go ahead and apply for a personal loan from your favorite lender today.

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Business

Best Spine Hospital in Udaipur in your service

In today’s world, which is full of ailments, being capable of sitting or standing upright can make a person’s life less troubling, and all this is possible only because of your spine. The spine is the heap of small bones, which are called vertebrae in the middle of the back, and it provides support to the whole of the body. So, it can be a very traumatic experience for you to get to know that you have a spinal disorder. But you can overcome your fears by getting a wider picture of your condition and getting to know its absolute treatment.

So, if you are facing similar concerns and looking for treatment in Udaipur, you can undoubtedly visit Spine Hospital in Udaipur.

Shriram Spine Hospital (SSH)

Shriram Spine Hospital is located in Madhuban, Near ICICI Bank, Udaipur, Rajasthan. It was established in 2013 and has now become the prestigious spine specialist centre which is providing medical facilities to everyone at reasonable prices.

The hospital is equipped with

  • Fully furnished air-conditioned rooms
  • Emergency rooms
  • General wards
  • ICUs
  • Proficient medical staff
  • Advanced equipment for diagnosis and treatment

Medical Facilities offered

SSH offers several non-surgical, surgical and specialized treatments for spinal disorders. Have a look at all of them:

  1. Non-Surgical:
  2. Back pain
  3. Neck pain
  4. Sciatica
  5. Spinal injection
  6. Cervical Spondylosis
  • Surgical:
  • MIS TLIF
  • Lumbar Micro-Endoscopic Discectomy
  • Disc Replacement
  • Tumour Excision
  • Fracture Fixation
  • Balloon Kyphoplasty
  • Vertebroplasty
  • Specialties:
  • Kyphosis treatment
  • Scoliosis treatment
  • MISS
  • Revision Spine Surgery
  • CV Junction

Out of all the spine treatments available at SSH, some of the key medical procedures are:

  • MISS: SSH has surgeons, doctors and other medical staff members who are expertise in their field and they perform this ‘Minimally Invasive Spine Surgery’ for the treatment of chronic pain. SSH has successfully performed several MISS surgeries and has helped many people to cure their ailments.
  • Kyphosis Correction: When the upper area of the back gets abnormally rounded, this condition is called Kyphosis. It is the cause of severe discomfort in the body. SSH has a team of surgery specialists that performs specialized surgeries to cure Kyphosis.
  • Scoliosis Correction: It is caused due to the curving of the spine abnormally. Additional curves are also formed on either side of the body which is a condition that should not be neglected. The team of SSH has successfully performed surgeries for curing Scoliosis and freeing the people from their ailments.
  • NIM Eclipse: It is advantageous during Scoliosis and Kyphosis surgeries because they involve risks to the nervous system. It helps to restrain the neural structures, test their functions, and the early detection of any neural injury.
  • MRI: SSH has an MRI centre with advanced technologies.

Team of Doctors at SSH

Dr. Chirayu Pamecha: He is the Spine Surgeon at SSH. He has performed over 4000 successful injuries of the spine and over 450 surgeries for Kyphosis and Scoliosis. He has ample experience and expertise in the field of spinal operations and is the only surgeon in Rajasthan who is a faculty in AOSpine Asia Pacific. He took his training in eminent spine centres in Japan, Mumbai, Australia and Ahmedabad.

Dr. C.K. Pamecha: He is the Senior Physician and CMD at SSH.

Dr. Deepak Shah: He is the chief Anaesthetist at SSH.

KUBJA Trust: KUBJA is a charity trust which began in continuance with SACT (Save a child trust). It was started in 2009 mutually with GBH American Hospital, in which Dr. Chirayu served as a spine surgeon from 2006-2012. SACT began with a mission of helping the children suffering from Scoliosis. SSH was founded in August 2012, and to carry on the purpose of SACT, KUBJA was registered on 21/11/2012.

KUBJA took several steps to fulfil its mission. They are:

  • To provide the free spine deformity clinic at SSH
  • To provide free X-rays and consultation
  • To perform the surgeries at subsidized charges
  • To raise funds for aiding in expensive implants
  • To conduct training programs for the staff so that the children can be screened at regular intervals

Shriram Spine Hospital has performed 88 KUBJA surgeries up to now and still contributing to this noble work.

Conclusion

SSH gives the preference to the care and safety of the patient by providing advanced cure to their ailments. SSH provides the amalgam of solace and care with its specialized rooms and intensive care units. It also offers services in emergency situations along with the after-treatment care that helps the patients to lead a comfortable and better life, which is devoid of any kind of pain and ailments.

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Business

How the CCI indicator helps the Intraday commodity traders

CCI or Commodity Channel Index is an indicator mainly used to confirm momentum price action in stocks or commodities, developed by Donald Lambert in 1980.

Not going deep into calculation let us note down that the indicator generally stays between -100 to 100 & plotted as a sub graph to the price window of the chart.

When CCI of a commodity is between 0 to -100 it is said to be in bearish territory & while CCI is between 0 to +100 it is said to be in bullish territory.

Generally CCI is used for 20 period counts of charts, however some traders often like to use 14 or 10 period counts to increase sensitivity of trade signals. With increased sensitivity of early signals generally risk of higher number of false signals also increases.

However as we have said in the very beginning CCI indicator is more useful in capturing momentum move, a commodity whose CCI crosses +100 is considered to be very bullish and momentum may continue until the CCI falls back below 0.

Similarly a commodity whose CCI crosses -100 is said to be in bearish momentum and the bearishness may fade only when CCI moves above 0. 

https://lh6.googleusercontent.com/93jVhTKmERfWTIPwCueSZ7DxYgHCSauWkkBqhKKTCkc6u5mtoY9L9SNF66Obo1QTsC0dWw9YEYRFAULQyM4tjZrhaxdza8NvF2szK0Kmvvu6KSQ85bdbquO1mNUoqhXuVlETkqnm

Now the above example was in the daily chart. But, if we talk about intraday trading the role of momentum becomes even more important as the trader has to make entry and exit on the same day itself.

A goal of an intraday trader is to ride the momentum and capture part of a bullish or bearish rapid price move. From that perspective it becomes equally important to learn commodity trading and select appropriate commodities which have generally higher intraday volatility like crude oil, natural gas or silver etc. 

Also important is the selection of time frame. For a manual trader it is generally more tough to manage any time frame which is less than 5 minutes as the scope of noise in an extreme shorter time frame is generally on the higher side.

 It has been often observed that the ideal timeframe for an intraday trader is 15 min to hourly chart.

15 minutes is generally better than 30 minutes or hourly because most of the intraday rapid moves happen for an hour or two followed by consolidation. Hence the choice of a 15 minutes time frame gives us the opportunity to have timely entries and exits.

https://lh3.googleusercontent.com/ne2MpaNGZq4gl5_kZHpEs3xGIG1yMbx9Q67GJ9ODSpOxvpFOyOuVAEXW6X0gMW2WC1kE3myMQnV2pA0GBHKjipmqjX5O4EseeAshfdn3HQuS3_YIek59YQKthT1uAQtHsZ5wbGRn

Let us look at the above example in the WTI Crude Oil 15 minutes chart.

 By the simple rule of long entry when at the close of candle CCI closes above +100 & exit when CCI closes back below 0 has given a wonderful bullish intraday trade.

 In the same chart the entry in short side when CCI closes below -100 and exit when CCI moves back above 0 has given an even better short trade as shown in the chart.

 Now exit can also be managed by trailing stop loss, some moving average crossover or some other technical trend-following indicator like supertrend to maximise the gains. Let us look at another example of the same trade  methodology in the following natural Gas 15 minute chart.

https://lh4.googleusercontent.com/AvlJnoD3tRrHXTp-Wo3QlOdFPcVCBByTGA9Wtf5AdEhZhFN5JSRR9v7NB7yRKis03LbKbELMvRTJQxZC_DPv9YK8nYrfSMwcyWoj76SyQWr_37ZkdWMFxn9J9nz01NCDYfKKyhAb

 As we can see that this was such a good trade that momentum carried to the next day also. We have marked the day break with a blue line. Even if one had to exit at close , he/she would have a similar chance the next day to re-enter and make intraday profit on the next day.

The above rule may work fine for a relatively more volatile commodity like CrudeOil or Natural Gas. But to apply the same rule to a relatively lesser volatile commodity like silver you need to filter the trades with a 80 period CCI along with standard 20 period CCI in a 15 minute chart.

 If you think deeply you will understand that an 80 period CCI in a 15 minute chart is a good approximation of a 20 period CCI in an hourly chart.

 Well, if one applies the initially defined entry rule only when 80 period CCI in a 15 minute chart is above +100 for buying entry and when 80 period CCI is below -100 for selling, one may avoid many false or useless signals and trade only in the best signals.

https://lh3.googleusercontent.com/3eyRy6YpPEROf14by2htCQSDJ0gELKBwx9MGW8nLUI9kVLUOjyK8ogztuiiovra11fLHZserPOdqXrH531mGuu2Y3kRWxn1aO4ZUlay42R5MGTONF2fUeaAtocLzBAw3VY3hFOEA

In the following chart Silver Chart we can see how we could avoid many poor buy signals earlier and trade only in a better buy opportunity with the help of additional 80 period CCI. CCI is a very useful tool for momentum intraday traders. There can be many more variations. Readers are advised to explore more about it by innivative experimenting. 

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Business

All you need to Know About Money View Loans

The requirement for some extra cash or a loan can come in at any time. It could be a medical emergency, a requirement to pay school or college fees, to fund a vacation, or even meet the month-end cash crunch.

Personal loans always come in handy in such situations, as they are easy to avail and are lower on documentation needs. When in emergency situations, time is of great importance. Hence, a loan should be made available, when it is needed the most.

Money View is a new age fintech lender who believes in enabling easy and convenient credit to everyone. With its totally digital experience, paperless process, and faster approval and equally fast disbursal, availing of a personal loan from Money View is a delightful and effortless process.

Read on to know all that you need to know about Money View Instant Personal Loans.

Features and Benefits of Money View Instant Loans:

  • Eligibility check for a Money View personal loan just takes 2 mins
  • Borrow any amount starting from Rs. 10,000 and going up to Rs. 5,00,000
  • Enjoy relaxed repayment terms of up to 5 years
  • Fast disbursal of your loan amount in just 2 HOURS of approval
  • The entirely paperless process ensures lesser effort and hassles
  • Low credit score? You can still get a loan with our alternate credit model
  • Low-interest rates start from 1.33% per month
  • No prepayment penalty if 3 EMIs are paid.

How do You Apply for an Instant Personal Loan from Money View?

It is extremely easy to apply for a Money View personal loan either on the app or on the website. The process is simple and user-friendly and takes just 4 simple steps.

  1. Eligibility Check: 2minutes is all it takes to check your eligibility
  2. Plan Selection: You can choose a loan amount and repayment tenure that suits your financial needs
  3. Upload Documents: Provide your personal details and upload the necessary documents, all on the app or website
  4. Get the Loan Amount: Get the loan amount disbursed to your account in 2 hours of approval.

Interest Rates and other Charges on Money View Paperless Loan

Interest rates and other charges on a Money View loan are extremely pocket-friendly and competitive which doesn’t seem like a burden on your finances.

The schedule of interest rates and other charges on Money View loan are

Fees & ChargesAmount to be Paid
Interest RateFrom 1.33% per month onwards
Loan Processing ChargesBetween 2.5-6% of the approved loan amount
Part/Full Payment of the Loan (Loan Foreclosure)No penalty charged on full pre-closure of the loan after payment of 3 EMIsNo part-prepayment allowed
Interest on Overdue EMIs2% per month on the overdue EMI/Principal loan amount
Cheque BounceRs.500/- every instance of bounce
Loan CancellationNo additional charges are levied.Interest is charged for the period between loan disbursement and loan cancellation.Processing fees are retained.

Eligibility Criteria for Applying to Money View Personal Loans

The eligibility criteria to apply to Money View instant personal loan is transparent and easy to understand. Also, we have open eligibility criteria so that credit is made available to as many individuals as possible.

  • Be salaried or self-employed
  • Have Monthly in-hand income of ₹13,500* or more
  • Income received in a bank
  • Min CIBIL score of 650 or Experian score of 750
  • Should be aged between 21 years and 57 years

Documentation Requirements for Applying for Instant Personal Loan

Personal loans from Money View are very easy to avail, so are the documentation requirements for our loans. The documents required for the loan are

ID ProofAnyone of the following: Voter ID CardAadhaar CardValid Indian PassportPAN CardValid Driver’s License
Address ProofAnyone of the following Ration CardAadhaar CardValid Driver’s LicenseValid Indian PassportVoter ID CardUtility Bill – (Gas Bill/ Telephone Bill/ Electricity Bill/ Water Bill) or Bank Statement -Generated within the last 60 days  
Income Proof (for self-employed)Last 3 months’ bank statement (in PDF format) or last 2 years’ ITR
Income Proof (for salaried)Last 3 months’ bank statement (in PDF format)  

Top 10 Uses of an Instant Personal Loan

  • To repay other high-interest loans like credit card outstanding, etc.
  • To meet emergency expenses
  • To consolidate other debts
  • For starting a business venture
  • To build your credit history
  • For remodeling your home
  • Fund your travel plans
  • To pay down-payment of big-ticket loans like home loans
  • To buy an expensive electronic or electrical gadget
  • To meet educational expenses

Personal loans are undoubtedly convenient and easy to avail; however, it is important that you avail of a loan that can be repaid easily with your existing income. Equally important is that you repay promptly so that your credit score does not get affected negatively

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Business

Finding the Best Staffing Agencies in Seattle

If you ever realize, more and more companies nowadays are using the help of the staffing agencies to find them the right staff that they need. The main reason is the simplicity. They do not need to do the selections and some other things to find the right staff that they need. That is why nowadays you can easily find a lot of staffing agencies. One of those places where you can find the staffing agencies is Seattle. It is very easy to find one staffing agency Seattle, but to find the best one that you can trust is another thing. If you are thinking about asking for help from one of those staffing agencies in Seattle, you might need to put these things below into your consideration.

Their Experience in This Kind of Field

The first consideration is the experience of the staffing agency in this kind of field. This is the most important part that you need to check if you want to ask for help from one of those staffing agencies that you can find in Seattle. If you just choose one of those staffing agencies, there is no guarantee that you will get the right staff that you need. That is why you need to make sure that you are calling the experienced staffing agency. To find out if they are experienced enough, you can find the establishment time of their staffing agency. If the staffing agency was started less than five years ago, then you can put your doubt on them. However, if the staffing agency has been helping a lot of companies for more than five years, you can say that they are experienced enough.

The Clients That They Handle

The second thing that you might want to put into consideration is their clients or their partners.This is something quite easy to do because you can ask them about this information. If they are professional enough, they will be able to show you some of their clients. Of course, it is not a wise thing to ask about the information of all of their clients. However, showing some names is not a bad thing for a business too. Once you have found out some of the names, you can think if those names are reliable enough or not. If the names are some of the giant companies that you have known, then you will be able to measure the quality of the staffing agency on your own.

The Selection Processes The last thing that you might want to consider is the selection process that the staffing agency does. This is one of the easiest method to find out if they are going to give you the best staff candidates for your company or not. If the selections are quite tight and thorough, you can be sure that they are doing the proper selection so that you do not need to worry about the possible candidates that you will get from them. So, keep this last point in your mind when you are choosing a staffing agency.

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Shopping

Get Cakes For Various Occasion Through Online Cake Order In Ludhiana

Whenever you think of a celebration or a party, the first thing that pops up in your mind is the cakes and flowers. Parties and celebrations are never complete without their presence. A cake enhances any celebration by ten times and is perfect for all the occasions.

Cakes for Different Occasion and Online Cake Delivery

In case you want more than one occasion to relish this delicious indulgence, here are the occasions that call for online cake order in ludhiana:

  • Birthdays: this one is way too obvious. Is it even a birthday without a cake? Cutting a cake on a birthday is customary. Whether it is your kid’s birthday or the birthday of your loved one, make it special with a delightful cake.
  • Anniversary: when you celebrate a milestone of your togetherness, it has to be with a delicious cake and beautiful flowers.
  • Valentine’s Day: people celebrate love on this day and to complete the celebration on a sweet note, a cake has to be present. And some lovely flowers also add a romantic touch to it.
  • Children’s Day: there isn’t a child that anyone knows who doesn’t love cake. To make your kids happy on this day, bring them a cake with a cute design.
  • Just because: if you feel like having a cake, just have it. You don’t need an occasion to eat cake.

Once you have pictured what cake you want, the next question that arises is: where to buy it. But don’t worry, most bakeries these days have an official website that displays a large number of cakes of different flavors and designs. You can select the one that you find perfect and also request a delivery. Online cake delivery services are getting popular in various cities. In big and busy cities like Chandigarh, people don’t get the time and it gets a little difficult for them to go to a bakery and purchase a cake personally. The services of online cake order in ludhiana provide you the ease of purchasing a cake as well as getting them delivered to the desired location.

Online delivery services have made everyone’s lives easier and more comfortable. Now you can also get cakes and flowers delivered to the desired locations.

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Business

Qualities of A Good Children’s Book Cover Illustration- What Really Matters

Children do not have a long attention span. And that is why they do not like to engage in activities like reading books. But if they are to gain knowledge and learn about things outside of what they already know, they must read books. Now, the question is- how to make kids develop an interest in reading? Well, there are different ways to make this happen, but the importance of a book with an attractive book cover cannot be overemphasized. And it goes without saying that children consider visual appeal extremely important. So, their books need to have attractive book covers with amazing illustrations. Now, let’s discuss some of the most important qualities of illustrations meant for childrens book covers

· If you have ever spent time with kids, then you probably know how amused they get when they see colors. Colors play an extremely important role in a child’s life. Starting from what they wear to what they play with, they like everything they use to be colorful. And that is why it is important that the books you hand them to read have colorful illustrations on their covers.

· Illustrations for children’s book covers should be created, keeping their understanding level in mind. So, the subjects and objects in the illustrations should not imply anything that kids cannot comprehend. In fact, what subjects and objects are chosen should be based on children’s familiarity with them. Complexity is a strict no-no for kids. Also, stay away from abstract elements. Hence, starting from the message that the illustration conveys to the characters and objects used in it, nothing should reflect abstractness.

· Since, we are talking about cover page illustrations, they should portray the theme of the book. And when an illustrator decides to convey this theme through their illustration, they should aim at exactness. Children do not like it when they see something on the book cover, get excited about it and then find a story inside the book that doesn’t quite justify the cover. If you have chosen to make the illustration on the cover page interesting or exciting, make sure the content in the book justifies it. Don’t include anything that is not in the story. You will have to be extremely specific when you handle this aspect. 

For instance, if a mass of cloud in your illustration has a face, then it’s likely that the child who has picked up this book to read will expect the story to have a talking cloud as one of its characters. So, do not mislead the kids through your illustrations. You will have to be extremely careful as whatever the kids are going to see in the cover illustration; they are going to look for it in the story.

By keeping these simple points in mind, you will be able to create the perfect Illustrator for hire for children’s book cover. But then it is always wise to hire an illustration expert for this job, rather than going DIY. After all, they know their trade well and are least likely to make unnecessary mistakes.

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