Loans Provider in India

Unexpected expenses can arise before your next payday, making it difficult to manage regular commitments. An advance salary loan can provide short-term financial support to eligible salaried individuals who need access to funds before receiving their monthly salary. With digital lending platforms, borrowers can apply for an advance salary loan online and complete much of the process digitally. Before applying, it is important to understand the loan amount, tenure, EMI, eligibility requirements, interest rate, and applicable charges . This guide explains the key aspects you should consider. What Is an Advance Salary Loan? An advance salary loan is a short-term borrowing option that allows eligible salaried employees to access funds against their expected salary. Depending on the lender, the loan may be offered as a personal loan or a salary advance product. The available amount generally depends on factors such as monthly income, employment status, credit profile, existing obligations,...

Leadership in India’s financial services sector is evolving with entrepreneurs who combine banking experience, technology, and customer-focused financial solutions. Vaibhav Kulshrestha , Founder, Chairman and Managing Director of My Mudra Fincorp Limited, is one such entrepreneur. His journey from working in the banking sector to leading a publicly listed fintech company reflects years of experience in financial services and business building. Who Is Vaibhav Kulshrestha? Vaibhav Kulshrestha is the Founder, Chairman and Managing Director of My Mudra Fincorp Limited. The company was established in 2013 and later transitioned from a private limited company to a public limited company. My Mudra completed its IPO in September 2024 and was listed on the NSE Emerge platform under the symbol MYMUDRA. According to My Mudra's official profile, Vaibhav Kulshrestha is recognised as the youngest chairman of an NSE-listed public limited company in India . This recognition came alongside the comp...

A CIBIL score is one of the factors lenders consider when evaluating a personal loan application. If your score is between 650 and 750 , you may be eligible for a personal loan, depending on the lender's criteria and your overall financial profile. However, a credit score alone does not guarantee approval. Income, employment, existing debts, repayment history, and other details can also influence the lender's decision. Is a Personal Loan Possible with a 650 to 750 CIBIL Score? Yes, getting a personal loan with a CIBIL score between 650 and 750 can be possible. However, lenders may have different minimum credit-score requirements and risk-assessment policies. A score of 750 is generally considered stronger than a score of 650, but lenders do not evaluate applicants based only on their CIBIL score. For example, an applicant with a 680 score and stable income with limited existing debt may have a different credit profile from someone with the same score and multiple outstanding lo...

India's entrepreneurial landscape is witnessing the rise of a new generation of business leaders who are transforming traditional industries through innovation, technology and customer-focused solutions. Among these emerging leaders, Vaibhav Kulshrestha has built an inspiring entrepreneurial journey in the financial services sector. As the Founder and Managing Director of My Mudra Fincorp Limited , Vaibhav Kulshrestha has played a significant role in building a growing financial services platform and leading its journey towards becoming a publicly listed company. His professional achievements and leadership journey make his story an inspiration for aspiring entrepreneurs across India. From Banking Professional to Entrepreneur Before beginning his entrepreneurial journey, Vaibhav Kulshrestha gained valuable experience in the banking and financial services industry. His exposure to the sector helped him understand the challenges customers often face while searching for suitable fina...

Every generation produces a handful of founders who move faster than the industry expects them to. In Indian fintech, that name right now is Vaibhav Kulshrestha. As Founder, Chairman, and Managing Director of My Mudra Fincorp Limited, he has come to be recognised as the youngest entrepreneur of public listed company status in the country — someone who took a lending business from a single office in Delhi to the floor of the National Stock Exchange without ever inheriting a company or a boardroom seat. Learning the Business From the Inside Vaibhav's path didn't start with a business plan. It started on the sales floor of three major banks — IDBI Bank, HSBC, and Standard Chartered — where he spent over a decade watching how loan decisions actually got made. What he noticed wasn't a shortage of creditworthy applicants; it was a mismatch between borrowers and lenders. A person could be rejected by one bank and approved by another the very next day, simply because each institut...

Paying monthly EMIs can become stressful, especially when a large portion of your income goes toward loan repayment. If high interest rates or tight repayment schedules are making it difficult to manage your finances, a personal loan balance transfer can be a practical solution. It not only reduces your EMI burden but also helps you save money over time. What is a Personal Loan Balance Transfer? A personal loan balance transfer allows you to shift your outstanding loan from your current lender to another bank or NBFC offering better terms—usually a lower interest rate, flexible tenure, or improved repayment options. This simple move can significantly ease your financial pressure. Why Are EMIs Becoming Hard to Manage? There are several reasons why borrowers struggle with EMIs: High interest rates at the time of loan approval Reduced income or unexpected expenses Multiple loans running simultaneously Long repayment tenure with high interest payout If you’re facing any of these issues, a...