🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Harsh Tiwari

Hey I am on Medial • 1y

I have a business plan which will definitely change the whole home loan, loan company sector in India for the people who are paying more interest on thier loans just because they have low income or low cibil score. While people earning more who don

Amil Naushad

18 | Startups | Fina... • 1y

Interesting! What are you planning to do to solve this? To give out home loans to people who've low CIBIL score at lower rates of interest? Won't that be a little too risky? The loan recovery rates will be lower which is not good for any lending plat

Harsh Tiwari

Hey I am on Medial • 1y

Giving the loans at higher rates to ensure our money back and return the money at the closure of the loan which was taken above our minimum rates so that the effective rates for them will be same as of the loan at lower rates. So effective rate will

Orly Dias

Helping banks in the... • 1y

Time value of money comes into play here. Home loans are longer term 10, 20 year commitments. At the end of the term will you be paying out the money in lumpsum and at what interest rate? You would have collected at a lower interest rate and returnin

Harsh Tiwari

Hey I am on Medial • 1y

Time value of money should be be taken into consideration for sure , but we can also provide back the money with giving them interest rates of saving account that ranges between 2-3% max, so it will be basically 2 components in the emi , 1 will be th

Orly Dias

Helping banks in the... • 1y

Or you can waive off the last one or two emis based on your formula. But having said that, what will be your moat? And how do you intend to start lending money, from where will you source the capital? This will be a huge investment and also tightly r

Harsh Tiwari

Hey I am on Medial • 1y

Waiving 2-5 emis is normal strategy used by the loan companies for good debts but it doesn't effect that much. And for the second part of your question I'm still figuring out where to take loan from myself , so as of now we can take from other comapines Or through big banks or maybe rbi itself they all lend to loan companies at lower rates.

0 replies

Recommendations from Medial

BigLoot IN

BigLoot.in - Where S... • 6m

RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.

4 replies3 likes

Chetan Vairat

Entrepreneur • 10m

Business Wrap: RBI Holds Repo Rate at 6.5% | Stock Market Rebounds | Real Estate Growth Outlook And More! Business Roundup: The RBI has maintained the repo rate at 6.5%, keeping home loan EMIs steady. The stock market bounced back after the June 4 d

0 replies4 likes

Pranjal Majumdar

Hey I am on Medial • 2m

"Big Changes in Credit Score Rules by RBI – Here’s How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Here’s what you need to know: ✅ Credit Score Updates Ev

0 replies15 likes

Shrinivas Bhalerao

Founder @KraftBags.s... • 11m

There are many fraud instant loan companies ,but I want to build an trust worthy loan loan app with fully transparency with user about their interest rates, late fess charges there there are such people who has emergency and they actually need money

6 replies12 likes

Rudrayan Dhar

Zonal Business Co-or... • 1y

As a Investor in SM my take is paytm shares are way to much risky and after RBI ban happened on paytm banks business and a sharp fall in shares over near 40% it's not buy worthy for long term view. The business was alreay in a off mood in context on

2 replies7 likes

Havish Gupta

Figuring Out • 1y

Unique Startup Stories (4/20) Imagine a family that controls a whole continent and you don't even know about it. Meet Wellenberg Family. So after the end of the depression of 1837, the whole European economy was booming. But the banks at that time d

7 replies14 likes

Vishu Bheda
•

Medial • 5m

VISA isn't a credit card company. They're the world's most profitable middleman: No credit risk No bank ownership Just a 2.5% toll on $15.5T in yearly spending Here's their perfect business : 1. Let these numbers melt your brain: 14T+ processed

6 replies21 likes

Jaswanth Jegan

Founder-Hexpertify.c... • 9m

“How DHFL Founder steal investors money” Big Fat Corporate Scandal #4 DHFL’s Promoters Scam Dewan Housing Finance Corp LTD was one of India’s largest housing finance companies engaged in providing loans for housing and real estate projects.DHFL had

7 replies10 likes

Kumar Basant Singh

Founder of Bodhi Art... • 1m

The Economy vs. Our Well-Being: A Personal Take A few months ago, a friend in finance told me, "A cyclist is a disaster for the economy." I laughed, but then he explained: 🚗 No car loans, no EMIs, no fuel purchases—bad for banks & oil companies. �

0 replies3 likes

Amanat Prakash

Building xces • 2m

Stay Strong Against Loan Recovery Harassment If you or someone you know is being harassed by loan recovery agents, remember this: you have rights, and you don’t have to suffer in silence. 1: Protect Your Personal Details: Never share sensitive info

0 replies6 likes