Great product, would love to see some more features 
 Is there any way to connect ?

Founder

Bro why ur true caller says John doe 😀

Software Developer

Another suggestion, is there a way to check if i can ask my bank to reduce my loan interest rate? Generally all these banks keep increasing the interest rate but never reduce. Me being not much into this sector doesn’t know when should i ask that to the bank

If your credit score has improved, you can ask them to negotiate your interest rate.  
 Also you always have the option to have another bank take over the loan if their interest rates suits you.

Data engineer

@stupidusername Yes that can be a possibility and can be enabled.

Engineering Manager

Sure let me know how you want to connect. My cell is 9892320184

System Administrator

@MustyBrown Sure Ill Ping You in sometime

Product Manager

Hey there,  We're the team behind BiteLoan, and we're on a aim to transform the way you manage your loans.  We are building a product that can help you prepay loans easily. Please help us with our ...

Welcome to Indian Startups's Private Community

Hey there,

We're the team behind BiteLoan, and we're on a aim to transform the way you manage your loans.

We are building a product that can help you prepay loans easily. Please help us with our research and solve the problem.

For the initial stage we have build a interest saving calculator, Below is the link kindly check it out

Enter your loan details and let us reveal how much earlier you can finish your loan and the whopping amount you save in interest!

Thanks for your support

Pre-Payment Solution for Loans

Pre-Payment Solution for Loans- Grapevine

Are you prepaying home loan?

Welcome to Personal Finance's Private Community

Hey there,

We're the team behind BiteLoan, and we're on a aim to transform the way you manage your loans.

We are building a product that can help you prepay loans easily. Please help us with our research and solve the problem.

For the initial stage we have build a interest saving calculator, Below is the link kindly check it out

 https://bit.ly/interest-saving-calculator

Enter your loan details and let us reveal how much earlier you can finish your loan and the whopping amount you save in interest!


Thanks for your support

Trying to Solve Per-Payment Terms on Loans

Home loans Prepayment Terms are harsh!

Hey all, 
I have noticed that there are a lot of cash backs and rewards platform which make us spend on other products rather than being useself to clear of my loan or just receive it back in my bank. 

I’m solving this. 

We help reduce the number of Emis you have to pay with help of rewards earned from any of your daily shopping. Yes, even the kirana next to your house. 

We convert all these reward points and coupons  collected via any online brand to cash to pay off your emi. 

We are at https://www.emiswift.com

Reduce loan EMI duration

Welcome to Fintech India's Private Community

We run a platform that works with SME'S , MSME's (can't disclose more on what kind, but like any transaction have buyers and sellers), have active 3 lakh users. 

The amount transacted is above 150+ crore every month.

We realised that these SME'S and the sellers have a lending cycle with the seller every 7-14 days. 

Got some queries for lending (Because these businesses run of cash flow), after in-depth research, we just realised the immense potential we have if we start lending to them (both the buyers & sellers - by lending + invoice discounting).

We already have all the data points since these users have been with us for a very long time.

What does the fintech community think, should we add the fintech-lending to our business? 

(P.s.:  Initial Projections show we start making 12-15 Crore net profit, after launch at 50% utilisation)

Fintech - Lending players -Share your expertise

Project Manager

Next month I'll (26M) be taking a personal loan of 10L to pay off my family's borrowings. 

1. Any tips on managing the loan?
2. I have a good credit score so I can get it through a national bank like HDFC, SBI, etc.
3. Shall I pay it off in one instant in future or keep paying EMIs? I say one time payment because we plan to sell some property in future to get liquidity. 
4. Anything else I should take care of? 

I have savings of around 5L and I have a stable job for next 6-12 months (it's a startup so things are lil shaky right now). I plan to find freelance projects and increase my income. But this is the first time I will be taking a formal loan so it seems like a big and long commitment. 

Thanks!

Getting a loan soon, anxious about it

Hi all,

This is in response to a survey I found on the app, where people voted mostly on reducing Tenure by prepaying their home loans.

As someone who works in lending myself, and in the light of the funding winter extending a few more Quarters, I would urge people to shore up their finances and keep control of your liquidity.

Be very careful when prepaying Home loans:
1. Loan is a service for which interest is a cost. The deciding numbers to prepay are the differential interest outgo (Loan rate-Debt fund rate) / 12 as a proportion of your monthly expense. It comes to around my monthly 1700 Rs for 10L of outstanding. 
2. DO NOT look at the total interest outgo. That is a misleading figure. Prepaying loan to save total interest over 10y is like selling your car 10y earlier to save parking costs or selling your TV to save Netflix charges. 
3. Prepaying is irreversible. If you run into cash crunch later, most probably, your financial standing and ability to get loans would decrease. Better to not prepay and enjoy the flexibility. 

Posting the parent link below.

When part prepaying home loan… - Grapevine.in

Do Not Prepay Home Loans!

Investment Manager

Hey Grapeviners,

I need help from all the experienced folks out there.

I and my father have 2 loans:

1. Educational Loan EMI - ₹6500/month for 15 years (₹ 7 lakh loan)
2. Home Loan EMI - ₹22500/month for 9 years (₹ 17.5 lakhs loan)

I am 22 and started my full-time career this month and wanted to understand how to repay 2 loans along with my father quickly with less financial burden. (I am the only child)

My expenses -

1. Paying Home Loan EMI - ₹ 22500/month
2. Investments - ₹ 30000/month
3. Petrol - ₹ 5000/month
4. Miscellaneous - ₹ 5000/month
5. Left with - ₹ 20500/month (lumpsum)

Should I create an emergency fund for myself first with the remaining amount or what else should I do, totally blank in this case?

My father looks after the household expenses, education loan, and his own investments. Not sure, how much he is left with at the end of the month as I am not aware of his income. (He has a private job)

P.S. - 

1. I spend consciously and don't have a bad spending habits. I love to drive (bought a car myself in Dec 2022) and climb mountains, so I manage to do treks every 3 months.

2. I am rigid about my investment amount, so may not compromise on that part.  

Would be forever grateful, if I get some helpful suggestions.

How do I pay 2 loans most efficiently?

Welcome to Office Gossip's Private Community

Hey there! 👋 

We're Dime Money, a game-changing fintech startup focused on making your financial lives better. We request you to answer a few quick questions to help us build a product you’ll love and as a token of our appreciation, we’ll add you to our priority list and send you an early access code as we go live (very soon!)

Let's shape the future of finance together! 🚀

https://tally.so/r/3qA87O

🚀 Exclusive Early Access Alert for Dime Money Survey Participants! 🎉

Can i preclose personal loan early? 19 emi s pending with emi amount 36k

Tech Lead

Folks, we're a profitable B2B Saas startup. We've huge organic footfall on our product (100,000+ MSME visitors a month). We're looking to tie up with banks for SME loan lead generation. Any help? Also, How do we charge the banks

SME loan lead generation

UX/UI Designer

Welcome to Business Roles's Private Community

Hey all, 
I have noticed that there are a lot of cash backs and rewards platform which make us spend on other products rather than being useself to clear of my loan or just receive it back in my bank. 

I’m solving this. 

We help reduce the number of Emis you have to pay with help of rewards earned from any of your daily shopping. Yes, even the kirana next to your house. 

We are at https://www.emiswift.com. Let me know if we could help.

Pre-Payment Solution for Loans

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