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What is the Difference Between a Fixed Rate and a Floating Rate?

Understand Your Interest Rates Before You Borrow When applying for a loan, one of the most important factors to consider is the interest rate. It directly affects your monthly EMI, total repayment amount, and financial planning. While most people know what a loan is, many are confused by two commonly used terms: Fixed Rate and

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What is the Difference Between Secured and Unsecured Loans?

Understand Your Loan Options Before You Borrow When it comes to borrowing money, there are two main types of loans: secured and unsecured loans. Understanding the difference between them is important because it affects everything from how much you can borrow to how much interest you’ll pay. Let’s break it down in simple terms. What

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What is the Difference Between Overdraft and Personal Loan?

A Simple Guide to Help You Choose the Right Option When you’re in need of quick funds—whether for personal reasons, business needs, or emergencies—you’ll often come across two common options: Overdraft and Personal Loan. Overdraft and Personal Loan are useful in their own way, but many people get confused about what they really mean, how

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