PMFRC | Latest WordPress Tutorial Hosting Guide Domain Plan

Understanding Loans and its various types

loan is when you receive money from a friend, bank or financial institution in exchange for future repayment of the principal and interest. They can be unsecured, like a personal loan or cash advance loan, or they may be secured, like a mortgage or home equity line.

Different Types of Bank Loans in India

Personal Loans:

When you apply and receive approval for the loan, you’ll receive the amount of money you requested to borrow in a lump sum. You pay back that money in installments. The timeframe of those payments is determined by the specific terms of your loan. The interest rate on your loan is determined by your credit score.

Personal loans can prove to be of great help when you wish to take a small loan and repay it as soon as possible.

Credit Card Loans:

Credit cards offer you a line of credit that can be used to make purchases, balance transfers and/or cash advances and requiring that you pay back the loan amount in the future. When using a credit card, you will need to make at least the minimum payment every month by the due date on the balance.

Home Loans:

A home loan or housing loan is the amount borrowed by individuals from financial institutions or banks to construct, buy or repair residential property. Lenders provide the loan for a fixed tenure and charge interest on the amount borrowed, which has to be paid by the borrowers along with the principal amount.

Car Loans:

Indirect lending, you get a loan directly from a bank, finance company, or credit union. You agree to pay, over a period of time, the amount financed, plus a finance charge. Once you enter into a contract with a dealership to buy a vehicle, you use the loan from the direct lender to pay for the vehicle.

Two-Wheeler Loans:

A two-wheeler loan helps you purchase a motorcycle or a scooter of your choice and pay for it in equated monthly installments (EMIs). Twowheeler loans are available for both salaried and self-employed individuals.

Education Loans:

Education loans are sums of money you borrow for your education and pay back over time—in most cases, with interest. Loans will often be part of your financial aid offer from the school you attend. Look for grants and scholarships first, since those don’t have to be repaid.

Loan Against the Insurance Schemes:

Loan against an insurance policy, also known as pledging, is an extremely popular concept abroad. Such loans are issued by the insurance companies itself, or any other financial institutions that provide loans against securities.

Loan Against Fixed Deposits:

When you invest in a bank fixed deposit, you can easily get a loan against it without having to break it. This is similar to a personal loan. However, the loan is structured as an overdraft facility against your fixed deposits. In the case of a company deposit, you can borrow after three months of investing.

Loan Against Mutual Funds and Shares:

The process is similar to the overdraft facility that bank accounts offer. You can avail loan against equity or hybrid mutual funds by approaching any non-banking financial company (NBFC) or bank. For the bank to consider your loan request, you need to pledge your mutual fund units as security for the debt

10 Best Banks for Personal Loan in India – 2018

  • #1. State Bank of India Personal Loan
  • #2. ICICI Bank Personal Loan
  • #3. HDFC Bank Personal Loan
  • #4. Kotak Mahindra Personal Loan
  • #5. Axis Bank Personal Loan
  • #6. CitiBank Personal Loan
  • #7. Bajaj Finserv Personal Loan Review
  • #8. Bank of Baroda Personal Loan
  • #9. Standard Chartered Personal Loan
  • #10. Tata Capital Personal Loan

Top Five Places to Register Domain Name 2019

All websites, no matter how big or small, need a domain name. You can purchase domain names through domain registrars or provider. Or, you might already own a domain and want to transfer it to a new registrar. Either way, it can be hard to know which registrar is best for your site’s goals, your budget, and your needs. Here are the top 10 Domain Registrar based on user reviews and research

1. Domain.com

Domain.com was founded in 2000. The company is owned by Endurance International Group. Features and Pricing The company specializes in domain names, web hosting, VPS hosting, Email, SSL certificates, web design, and online marketing services. If you just want to use Domain.com to register a domain, you’ll pay $9.99 every year for a .com or .net website. Domain privacy protection costs an additional $8.99 per year per domain, so you can expect to pay about $14.98 for a .com domain and WHOIS privacy protection.

2. GoDaddy.com

Bob Parsons founded GoDaddy in 1997, so they’ve been around for more than 20 years. More than 17 million people use GoDaddy around the world, the company manages over 73 million domain names. This makes them the world’s largest domain name registrar. Features and Pricing Aside from domain registration, the company offers domain transfers, professional email powered by Microsoft, domain value approval, web hosting, web security, online marketing tools, and more. .com website with GoDaddy, it will only be $0.99 for the first year. After that, it will cost you $14.99 each year. WHOIS privacy protection – $7.99 per year per domain for personal protection. privacy protection for your business – $14.99 per year per domain.

3. Namecheap.com

Namecheap was founded in 2000 and is based in Phoenix, AZ. They are recognized as an accredited registrar by the Internet Corporation for Assigned Names and Numbers (ICAHN). Features and Pricing The company offers domain transfers, app integration, SSL certificates, email, and much more. Namecheap is also a web hosting service provider. They offer shared, WordPress, reseller, VPS, and private email hosting. If you want to register a .com website through Namecheap, you’ll have to pay $8.88 per year. After that, you’ll have to pay $2.88 every year to keep your protection.

4. Bluehost.com

Bluehost was founded in 2003, it’s based out of Provo, UT. Endurance International Group (EIG), one of the largest hosting conglomerates on the planet, owns the company. Features and Pricing Since Bluehost is primarily a web hosting service provider, they offer shared, WordPress, VPS, dedicated, and reseller hosting. Domain Privacy Protection is an additional $0.99 per month which will cost you a grand total of $11.88 per year. Altogether, you’ll pay $23.87 per year for your domain and privacy protection.

5. HostGator.com

Background Information HostGator was founded in 2002. Endurance International Group (EIG) purchased it in 2012, and they still own the company today. Features and Pricing Like Bluehost, HostGator primarily serves as a web hosting provider. If you want to register a .com website with the company, it will cost you $12.95 per year. Sites ending in .co, .org, .net, .biz, and .info sites will cost the same. .com site will only cost you $2.99 per year. WHOIS privacy will cost – $14.95 per year.

Add comment

error: Content is protected !!