Hexafin Blog | Banking Insights, Business Loans & Financial Advisory
HDFC Bank Q2 2023 Update: 57% Growth in Advances, Record Home Loan Disbursals Post Merger
In its latest financial report for the second quarter of 2023, HDFC Bank, India’s largest private sector bank, has demonstrated remarkable growth in various segments. After its merger with the parent company, HDFC Limited, on July 1, 2023, the bank’s performance has been nothing short of impressive. Advances Soar by 57.7% One of the standout…
Unlock Substantial Savings on Your Home Loan: The Ultimate Guide to the Partial Prepayment Strategy
Are you concerned about the recent spike in home loan interest rates, which has left you facing the prospect of paying an additional Rs 15.05 lakh in interest on your Rs 40 lakh home loan over 20 years? The good news is that there’s a savvy financial strategy at your disposal – the partial prepayment…
PM Vishwakarma Scheme: ₹3 Lakh Loan, Low Interest, and More..
Are you an artist or craftsperson seeking financial support and opportunities for growth? Look no further! Prime Minister Narendra Modi has unveiled the ‘PM Vishwakarma’ scheme, a game-changer for individuals in the creative industry. With a focus on promoting and empowering Vishwakarma partners in 18 different sectors, this scheme comes with a substantial ₹13,000 crores…
RBI Mandates Swift Release of Property Documents by Banks and NBFCs Upon Loan Repayment
In a bid to streamline practices and enhance customer satisfaction, the Reserve Bank of India (RBI) has issued a directive to Regulated Entities (REs), including banks and non-banking finance companies (NBFCs). This directive mandates the release of original movable and immovable property documents, as well as the removal of charges registered with any registry within…
Unlocking Financial Flexibility: Personal Loans for Unexpected Expenses
In today’s unpredictable world, unexpected expenses can crop up at any moment, leaving you scrambling for financial solutions. Personal loans stand as a valuable lifeline during such times, offering a range of benefits that can provide you with the necessary financial support. In this article, we’ll delve into the advantages of using personal loans to…
Demystifying Financial Choices: Exploring Different Types of Loans
In the realm of personal finance, loans serve as powerful tools that can help you achieve your goals and manage life’s unexpected expenses. However, with a plethora of loan options available, it can be overwhelming to determine which one suits your needs best. This article serves as your guide to understanding the different types of…
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