What are Non-Banking Financial Companies (NBFC) in India?

Banks and Non-Banking Financial Companies are the two most frequent types of financial intermediaries in any financial system. Banks are conventional entities that accept public deposits and make public loans. In addition to mobilizing deposits and distributing loans, banks now provide a variety of other functions, such as merchant banking and other financial services. This … Read more

Borrower Fails to Repay a Loan: What to Do?

A loan is a sum of money lent by a bank or lender to a borrower, with or without collateral. A loan agreement requires the borrower to guarantee to repay the loan amount plus interest. Borrowing a loan allows a borrower to obtain cash when they are needed, while the lender earns interest on the … Read more

PAN Card Track: Check Status By Name, DOB, Token No (Download)

PAN Card Track

PAN, or Permanent Account Number, is a one-of-a-kind alphanumeric code provided to all companies conducting financial transactions in India. Individuals and organizations use it to file Income Tax Returns and conduct high-value transactions (usually for amounts greater than Rs. 50,000). You can apply for a new PAN card, request an update/correction to your existing PAN, … Read more