Loan Syndication Meaning: What is Loan Syndication, Types & How It Works 

Loan syndication is a financing arrangement in which multiple banks or financial institutions jointly provide a large loan to a single borrower. In simple terms, the loan syndication meaning refers to lenders coming together to meet a funding requirement that may be too large or risky for one lender to handle alone.  Each lender contributes a portion of the …

What is a Co-Applicant? Meaning & How to Apply for a Personal Loan with One 

This guide explains what a co-applicant for a loan means, who qualifies as one under typical Indian lending norms, and how a joint application affects approval, loan amount and credit score. You’ll also find a step-by-step guide to applying for a personal loan with a co-applicant on Fibe, plus a quick-reference table on co-applicant vs co-signer. Read time: about 5 minutes.  A …

A Well-designed Financial Wellness Program can Help You Succeed. Here’s How!

The days of organisations benefiting from a straightforward retirement plan or all-inclusive health insurance have long passed. Millennials, particularly Gen Z, are demanding more extensive, inventive, and distinctive fringe benefits. Besides benefits like work-from-home alternatives and flexible paid time off policies, financial wellness programs are quickly gaining popularity. Here is a brief explanation of financial …

Fibe Raises Series D Funding of $110 Million led by TPG’s The Rise Fund & Norwest Venture Partners

Highlights: Pune, India, 29th August 2022: India’s largest consumer lending fintech, EarlySalary, has closed its series D funding round of $110 million led by TPG’s The Rise Fund and Norwest Venture Partners. Existing investor Piramal Capital & Housing Finance Limited also participated in the round. This is EarlySalary’s largest fundraise to date, following the company’s …

Salary Advance Loan – Reasons Why You Should Avail One

Highlight Section: All you need to know about Salary Advance Loans: Eligibility, Documentation, processing, and why you should get one! Financial planning should be done prudently. It is necessary to set aside some contingency funds for unforeseen situations. In several households, nearly 20% of the monthly salary is saved for this very purpose. Nevertheless, regardless …

Income vs Expenses: The Key to Employee Happiness

Highlight: Employee wellbeing is the direct consequence of a balance between sufficient income and affordable expenses. We’ve often come across the saying, “Money can’t buy happiness.” Although true in certain aspects of life, access to material things can give a temporary rush of joy, if not a prolonged sense of fulfillment. With changing standards of …

Boost Your Income With 3 Best Investment Plans

Highlight: MFs, PPFs, and fixed deposits are investment options that are good for long-term financial goals, short-term goals, and tax savings. There are a few aspects that go into investment planning that determine how much money you may make, how safe your investments will be, and what rewards you will receive. To begin, think about …

How To Invest Your EPF Savings?

Highlight: Using your EPF savings judiciously for further investment can help you finance your post-retirement life without falling short in any aspect. Wise saving and investment are the first steps towards financial security and there are numerous options you can rely on to ensure this. One such scheme is the Employee’s Provident Fund, commonly known as …

In India, Which Saving Schemes You Should Invest in?

Highlight: Choosing the right saving schemes in India can help you reach your financial goals in a lot less time and help you grow your savings exponentially. ‘Do not splurge your money. Invest judiciously’ This is that one piece of advice that you will start getting the moment you hit twenty-five. The problem is that …