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
💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦
1️⃣ Banks take deposits from customers at ~4% interest.
2️⃣ They lend that money to borrowers at ~10% interest.
💰 The 6% spread is their profit.
🔍 Key Banking Terms You Should Know:
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Pushpender Verma
Looking for VC fundi... • 5m
Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner.
Location - Lucknow
loan Amount - Upto 5 Lac
Rate of Interest - 24% - 30%
Type - Home Loan / Loan Against Property
Today’s insight: Use other people’s money! 🚀
The rich get richer by leveraging—
Banks lend for assets like properties.
Landlords buy homes, Airbnbs cash flow.
It’s not their money—it’s the bank’s!
They profit while others pay the loan.
How will you
NEW IDEA FOR MAKE MY TRIP COMPANY::: Give daily n weekly Installments via Paytm or Google pay for customers. example... if Dubai package cost is 30000 rs. then a customer can give 2000 rs. per Sunday via Google pay or Paytm to MakeMyTrip and get pack
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1 replies1 like
Vikas Acharya
Building WelBe| Entr... • 3m
Yenmo Raises ₹9.2 Crore to Expand Instant Loan Services
Yenmo, a Bengaluru-based startup, has raised ₹9.2 crore in funding, led by Y Combinator with support from Pioneer Fund, Zaka VC, and other investors.
What Does Yenmo Do?
Yenmo offers instant lo
The Institute of Chartered Accountants of India • 5m
How to save Taxes!!! iykiyk -- Part 1.
Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares.
as Debt is charged against profits and interest is deducted before imposing tax rate.
Also, Be sure that the ROI is higher tha