Author: cholamandalam
What are the eligibility criteria for Chola SBPL loans?
Since Chola offers secured business loans for very small enterprises, it is mandatory to check the capability of the customer to repay the loan. There are certain criteria to assess the loan repayment ability of business loan customers. In this article, let’s discuss in detail the eligibility criteria for Chola Secured Business and Personal Loans.…
Read MoreHome décor matters – Here’s why
Home décor is the art of managing and decorating things in your living space. This includes keeping things in order, the style of things you like to keep around your house, color scheme, furniture arrangement, etc. Having a nicely decorated place will have a positive influence on you. This applies to both your house and…
Read MoreHigh Rise Apartment or Independent House – Know What’s Best for You
As a kid, we all must have looked in awe at the skyscrapers built across the city and thought, “I am going to live in one of those in the future”. But as we grow older, we become skeptical about what is best for us. While some of us like to continue our stay in…
Read MoreSteps to Reduce EMI of Your Two-Wheeler Loan
Two-wheelers are an ideal mode of transportation for Indian roads because of their manoeuvrability, size, and wallet-friendly fuel consumption. For a major percentage of the Indian population, a two-wheeler is a necessity that they can afford. So, opting for a two-wheeler for day-to-day commute is considered a viable option. Even though two-wheeler loans have become…
Read MoreSecured vs. Unsecured loans: Making the right financial choice
Business loans can be of two types, secured and unsecured. Secured loans require collateral from the borrower. Real estate is one of the most commonly accepted collateral. If the borrower defaults the loan, the lender has permission to take possession of the collateral. Borrowers with better credit scores are often given access to unsecured loans.…
Read MoreTips for easy approval of your secured loan application
Small businesses having fewer employees are generally known as micro-enterprises or micro businesses. Microenterprise usually comprises a workforce of ten or fewer people and is commenced with minimal funding. Micro enterprises are involved in producing or providing services for a limited market. Street vendors, bakeries, mechanic shops, printing shops, grocery stores, and self-employed personnel like…
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