Short Term Loans Queries

[kamalmalani]

HI Everybody.
Traderji & all members here r doing a great job-Hats Off.
i though we can share our knowledge regarding Loans here. eg. one may take loan for applying IPOs.
so what r the sources of getting fast loans without security?
which financial institution charges minimum rates?
what is the procedure?
& like that a lot of queries?

Hope to get a good participation from all the visitors.
thanks a lot.
Have a nice Day.

 

[kamalmalani]

if sometake loan for applying any solid IPO (say Reliance Power,etc) 1lakh rupee. & suppose interest rate @1%per month. u have 2 pay 1000rs. for full month (while money is refunded in 15 days).
& chances of getting 1-2 lots (i.e 13,000Rs. share at IPO price)
if Listing gain is above 10% u earn ( 1300 - 1000 = 300rs.)
if listing gain is approx.20% u earn( 2600- 1000 = 1600rs) & so on.

so frnds wat do u think?
if u have done the real task of identifying good IPOs, then dont leave them only bcoz u dont have money or ur money is blocked somewhere, Go for it.

 

[kamalmalani]

Sources of getting Short term Loans-
1) loans against Fixed Deposit- interest @ ur FD interest rate + 1%. (its approx 10% today), u get loan in just 5min. No formalities.

2) loans against ur IT return.

& so many waus are there which other members must be knowing, so plz share some of them here.
thanks
have a nice day.

 

[naveen_talkin]

thanks...................

 

[dolcegroup.in]

well against IT returns???
remember 1 thing .. for every yr IT filed their should be at least 6months Gap .. of course ur bank statement added to it +your salary or business certificate...

 

[jumbo2010]

Hi, I think Low fee payday loans are the source of quick cash without high charges. If you are in financial problems then low fee payday loans are the best source of cash.

 

[MOka]

Payday loans charge HUGE interest
First are they available in India and why you say they are cheap?
What is the actual annualized interest?

 

[TraderDude]

HI Everybody.
Traderji & all members here r doing a great job-Hats Off.
i though we can share our knowledge regarding Loans here. eg. one may take loan for applying IPOs.
so what r the sources of getting fast loans without security?
which financial institution charges minimum rates?
what is the procedure?
& like that a lot of queries?

Hope to get a good participation from all the visitors.
thanks a lot.
Have a nice Day.

This is just a very bad idea sir.

 

[lindadale]

I am really very happy to be a part of this discussion.I actually looking for the best personal loans offers someone suggest me the name of axis bank so i am going to apply my loan there.Here i got really good information which will surely helps me.

 

[amanjawanda]

Gold Loan is also a short term loan in which one has to pledge his gold assets to the bank and acquire cash against it. Once the entire amount is paid off, one can get his jewellery back.