Quantum Books

When Devesh Patel, proprietor of Devesh Patel and Sons, a mid-sized manufacturer of automobile spare parts in Kolkata applied for a business loan for expanding his business, he was very confident of his loan getting approved. However, to his utter dismay, his loan wasn’t sanctioned on grounds of a lackRead More

It’s hard to know what to consider a milestone in the story of Bitcoin. As the cryptocurrency continues to confound critics and enrich early adopters, it can be tough to keep up with the latest in this fast-moving story – and moments that felt significant at the time have beenRead More

One of the inevitable and most disturbing things that haunt humanity is the need for safety. For those interested in human behavior, you may be familiar with Abraham Maslow’s hierarchy of needs, where this need comes second from the bottom of the triangle. Safety is so vital to human beingsRead More

According to Wikipedia, a guarantor loan is a type of loan that allows you to use a guarantor to get approved for a loan. A guarantor is someone who guarantees to the lender that the loan will be repaid in the event that you cannot keep up with the paymentRead More

Section 80 D of the Income Tax Act covers provisions with respect to tax benefits for medical expenses and premium paid for medical insurance. This states that for any payment toward medical insurance premium, preventive health check-up or Government approved health schemes of very senior citizens(80 years or above), aRead More

There is a standard and well-worn process to getting business loans. Determining what you need the loan for and how much you need. Choosing the right business loan for your needs. Finding a lender, preparing your paperwork and, finally, qualifying for the loan. The process, although time-consuming and often frustrating,Read More

Health Insurance has become the need of the hour. Soaring medical inflation and unhealthy lifestyle practices are the factors that have mandated the need for health insurance cover these days. Medical emergencies are unpredictable, and this lack of preparedness often puts us in a tight spot. As per the WorldRead More

We spoke to the experts at Trade Finance Global about some of the processes they’d recommend to finance directors when preparing the business for raising finance. Why do companies raise finance? Raising finance is something that most companies will go through at some stage in their lifetime. SMEs, in particular, mightRead More

Misconceptions about financial instruments like Credit Cards often lead to big mistakes, adversely affecting our financial health. Some of the most common myths and misconceptions are around add-on Credit Cards. These misconceptions are due to lack of reliable and credible information related to these products. Moreover, every bank has itsRead More

Consolidation is the term used to mean putting together several similar things into one banner. And here in finance, a consolidation of the debt means to transfer the debts of various business loan accounts into one single account wherein you will have to pay a relatively lower interest rate. WhatRead More