Mysore/Mysuru: Miscreants, who collected documents from private firm employees, who were admitted at a private hospital, to claim medical insurance, have obtained loans from a private finance firm, thus cheating the employees. Those cheated are 31-year-old Kantha of Shanthaveri Gopala Gowda Nagar, 35-year-old C. Santosh on Gejjagalli in Mysuru taluk and 36-year-old H. Shivanna of…
Do salaried people get bike loans at lower interest rates?
March 21, 2023A large number of people who wish to purchase a bike often seek a loan to fund it. This makes the purchase more affordable, allowing more people to fulfil their dream of owning a bike. While both salaried and non-salaried individuals are eligible for a two-wheeler loan, the rates often differ for them. You will…
How do I find out about my previous loans?
October 19, 2021There are plenty of reasons why you may need to find out more about personal loans that you have had in the past. Some people want to see who their old creditors are. Some people want to look at how far they have come in terms of managing their finances. The problem is that it…
Fake vehicle loan racket busted
July 2, 202115 arrested; Police suspect involvement of RTO officials Mysore/Mysuru: The City Police have busted a gang that adopted an unusual method of borrowing loans and cheating a finance company to the tune of Rs. 1,35,53,000 on heavy vehicles that do not exist. The Police have arrested 15 accused for the fraud, while many more, including…
Co-op. Societies told to double check authenticity of documents before advancing loans
March 2, 2021Mysore/Mysuru: With rising cases of unscrupulous persons submitting fake documents to avail loans or to buy or sell of properties, being reported of late, Co-operation Department officials have asked Co-operative Societies to double check the authenticity of documents before advancing loans. Speaking after inaugurating a ‘Subject-based training workshop’ for CEOs and Managers of Co-operative Societies…
Micro-loans for women in financial distress
January 13, 2021Mysore/Mysuru: With the COVID-19 pandemic pushing the economy to deep crisis, the Karnataka State Minorities Development Corporation, has introduced micro-loans (individual) to women in economical distress. Speaking after inaugurating a one-day training workshop for District Managers and staff of Mysuru and Bengaluru divisions of the Corporation, at Maulana Azad Bhavan here recently, the Corporation Managing…
Easy loans
March 11, 2020Easy loans are the loans which are characterized by easy terms and conditions. The basics of easy loans do not depend upon the traditional loan system. Instead, the unconventional means are used in which the merchant and the lender both are equally getting the benefit. What is the difference between easy loans and traditional loans?…
Recent Comments