Getting into a good college has never been tougher — and paying for it can be even harder. With rising tuition fees in India and abroad, many students and parents are asking: “Can we get an education loan without offering property or fixed deposits as security?” The answer in 2025 is YES — if you meet certain conditions. In this guide, we’ll explain: Who can get a collateral-free education loan Best banks and NBFCs offering them Realistic amounts, rates & approvals Real-life examples to help you understand better Let’s break it down clearly. What Is a Collateral-Free (Unsecured) Education…
Author: finance troop
In a rapidly growing economy like India’s, small businesses need access to reliable funding just as much as large enterprises. Whether you’re a local kirana store owner or a technology startup founder, business loans can help you scale, stabilize, or simply survive through tough cash flow cycles. However, loan approval isn’t just about asking — it’s about showing. In 2025, understanding the requirements for business loans in India will increase your chances of approval from banks, NBFCs, and government schemes. This article covers all the essential business loan requirements — from eligibility and documentation to financial preparation. What Is…
Buying a home is one of the biggest financial decisions you’ll ever make — and it usually comes with a 15 or 20-year loan. But have you thought about what would happen if the main borrower becomes seriously ill… or passes away unexpectedly during that period? This is where home loan insurance steps in. In 2025, more Indian borrowers are choosing to secure their home loans with specially designed insurance policies. These plans ensure that in unfortunate events like death or disability, the insurer repays your outstanding home loan — protecting your family from financial stress, and your house from…
Whether you’re planning a wedding, covering medical bills, upgrading your laptop, or dealing with an emergency — you may find yourself stuck choosing between a personal loan and a credit card. Both offer quick access to credit, but they work very differently. One can help you save on interest — and the other can add to your debt faster than expected if you’re not careful. In this guide, we’ll break down: The main differences between personal loans and credit cards Key costs and features in 2025 Which one is better for specific situations Let’s help you choose smarter. What…
Studying abroad is exciting — but also expensive. While most students focus on getting into the right course and university, one thing is often overlooked: health insurance. Medical treatment in countries like the US, UK, Canada, Germany, and Australia is notoriously expensive. A simple hospital visit can cost thousands of dollars — and a single medical emergency could lead to massive debt, especially for international students. Whether you’re heading abroad for a degree, exchange semester, or research program, buying the right international student health insurance is essential. This 2025 guide will help you understand: Why you need health insurance as…
As healthcare costs rise steadily in India, securing quality medical care for seniors without burning through savings is a major concern for families. For individuals above 60 — especially those retired or semi-retired — a suitable senior citizen health insurance policy can make a significant difference. While most regular health insurance offers limited features or charges high premiums after age 60, several insurers in India now offer dedicated health plans for senior citizens that include coverage for pre-existing illnesses, cashless hospitalization, and optional add-ons tailored for elderly care. In this guide for 2025, we’ll help you understand: Why health insurance…
Personal loans are one of the most convenient financial tools for salaried employees in India. They’re unsecured, flexible, and can be used for almost anything — from medical expenses and weddings to travel or education support. But while personal loans are easy to apply for, the interest rate can vary significantly depending on where you borrow from. In fact, two people with the same salary and loan amount but different credit scores could end up paying ₹20,000 more in interest over a 5-year loan. That’s why choosing the lowest-interest personal loan makes a huge difference. Why Do Salaried Employees Get…
Raising a child in today’s world is expensive — and when it comes to higher education, the costs are only going up annually. Whether you’re planning for a medical, engineering, law, or business degree — you could be looking at ₹30 lakh to ₹1 crore+ over the next 10–15 years. That’s why starting early with a child education plan isn’t optional anymore — it’s essential. In this guide, we’ll help you understand: What a child education plan is What features to look for in 2025 Which Indian policies offer the best structure for your goals Tips to plan better for…
A ₹1 crore term insurance plan has become the new standard for financial protection in Indian families. As inflation rises and lifestyle costs grow, ensuring your family’s future security needs more than just basic insurance. But with so many term plans in the market — each offering different premium rates, riders, and claim ratios — choosing the right one can feel confusing. This 2025 guide helps you: Understand how term insurance works Compare the best ₹1 crore sum assured plans in India Evaluate claim settlement ratios (CSR) Pick a plan that balances cost and reliability What Is a Term Insurance…
If you’re planning to buy life insurance in 2025, chances are you’re stuck between two popular options: ULIP (Unit Linked Insurance Plan) and term insurance. They’re both life insurance products — but they work completely differently. One covers only your life – pure protection; the other mixes life insurance with market-linked investment. In this article, we’ll help you clearly understand: What is ULIP and Term Insurance? How are they different in cost, benefit, and risk? Which makes sense for your goals in 2025? Let’s clear the confusion. What Is Term Insurance? Term insurance is the simplest and most affordable form…