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EMI Calculator IFSC Code Blogs FAQsIn the month of July, several festivals are celebrated in different parts of the country. Listed in the table below are the festivals that will be celebrated in the month of July next year.
Date | Day | Holiday | States |
29 July | Monday | Ker Puja | Mizoram |
05 July | Friday | Guru Har Gobind Singh's Birthday | Jammu and Kashmir |
06 July | Saturday | MHIP day | Mizoram |
07 July | Sunday | Bonalu | Telangana |
13 July | Saturday | Bhanu Jayanti | Sikkim |
17 July | Wednesday | U-Tirot Sing Day | Meghalaya |
07 July | Sunday | Rath Yatra | Odisha |
17 July | Wednesday | Muharram | National except for Sikkim, Puducherry, Arunachal Pradesh, Daman, and Diu |
31 July | Wednesday | Shaheed Udham Singh's Martyrdom Day | Haryana |
Description of Holidays in July 2024
Behdienkhalam – The festival is celebrated for good health, prosperity, and a mega harvest. The festival begins with the sacrifice of a pig to ‘Knia Pyrthat’ (Thunder). This is followed by the priest ringing a brass bell along the main road to the point where the forest begins. As part of the festival, tall, round, and polished trunks of trees are cut and left in the woods for two days. Later, the logs are brought to the town with much fanfare. After the rituals are done, the logs are thrown into the river. At the end of the festival, a game called ‘Dad-Lawakor’ is played.
Guru Hargobind Ji’s birthday – Also known as Guru Hargobind Jayanti, the day is celebrated to commemorate the birthday of Guru Hargobind, the sixth Nanak in the Sikh religion. On the day of the festival, people visit Gurdwaras and attend the Shabad Kirtan and eat the langar served on the occasion. At night, rehas are recited which is followed by the recitation of the Kirtan. Some Gurdwaras organize processions to mark the occasion.
MHIP Day – The day is celebrated to commemorate the establishment of the Mizo Hmeichhe Insuihkhawm Pawl (MHIP), the lone women’s voluntary organization in Mizoram. To mark the occasion, special functions are held across the state. These include community services like cleaning streets and other surroundings. The biggest philanthropic organization in the state MHIP fights for women who face atrocities, extends help to the needy, and provides family counseling.
Bhanu Jayanti – The festival is celebrated to commemorate the birthday of Bhanu bhakta Acharya. Acharya was a Nepali poet, translator, and writer. To mark the occasion, literary seminars and programs are organized.
Martyrs’ Day – The day is observed in tribute to those killed on 13 July 1931 in Jammu and Kashmir. On the day, tributes are paid to the martyrs. On the day, 22 Kashmiri people were killed outside the Central jail by the Dogra state forces on the command of Maharaja Hari Singh.
Bonalu – Basically a Hindu festival, Bonalu is celebrated during Ashada Masam which falls in the month of July or August. During the festival, Goddess Mahakali is worshipped. On the occasion, rice is prepared in an earthen or brass pot using milk and jaggery. The meal is adorned with neem leaves, turmeric, and vermilion. Women later carry the pots on their heads and offer them to Goddesses with sarees and bangles.
U Tirot Sing Day – The day is celebrated to commemorate the death of one of the chiefs of the Khasi people named U Tirot Sing Syiem, who was hanged by the British. On the day, tributes are paid to the brave Khasi king who stood up to the British in 1929.
Karkidaka Vavu – On the occasion of Karkidaka Vavu, people perform the ritual of ‘Bali Tharpanam’ to pay homage to their departed ancestors. On that day, people wake up early and reach the Bali Tharpanam centers. The rituals are held across holy rivers, seashores, and temples across the state of Kerala. On the day, the person performing the ritual observes a fast. Cooking of non-vegetarian food is prohibited on the occasion and a special dish called ‘Vavu Ada’ is prepared.
Haryali Teej – Known as the Swing festival, Haryali Teej is celebrated in the Hindu month of Shravan. On the occasion, married women dress as brides and observe a fast. The festival symbolizes happiness, prosperity, and growth in the marital life of couples. The festival is also observed by unmarried girls.
Kharchi Puja – This festival involves the worship of the fourteen gods forming the dynasty deity of the Tripuri people. The festival is celebrated in the temples of the fourteen gods. It is celebrated to worship mother earth. On the day of the festival, the idols of the fourteen gods are carried to Saidra river and are bathed in the holy water. Once they are brought back to the temples, puja is performed, and animals are sacrificed.
Martyrdom Day of Shaheed Uddham Singh – Celebrations take place to commemorate the death anniversary of Shaheed Uddham Singh. On this day, tributes are paid to the Indian revolutionary who avenged the Jallianwala Bagh massacre by killing Michael Dwyer.
Bakrid – The festival is celebrated to commemorate the sacrifices of Prophet Ibrahim. The festival is celebrated after the Hajj pilgrimage. As part of the festival, feasts are held. Friends and family also visited Bakrid.
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A personal loan is a credit facility that does not require collateral and is offered by banks and NBFCs to employed individuals. IndiaLends, the largest online personal loan provider in the country, has assisted over 150,000 customers and collaborates with more than 70+ RBI-Approved partners to offer personal loans tailored to different customer profiles. Here are some notable features of the convenient personal loans available through IndiaLends.
Personal Loan Interest Rate
The interest rates offered to customers are subject to variation based on their individual profiles. Typically, loan rates begin at approximately 10.25%. To improve the likelihood of obtaining a loan at a lower interest rate, it is advisable to maintain a strong credit history. Ideally, a CIBIL score above 750 is considered favorable.
Personal Loan Tenure
The repayment period for a Personal Loan typically ranges from 3 months to 6 years, allowing borrowers to choose a tenure that aligns with their requirements. Whether one needs a short-term or long-term loan, they have the flexibility to select a suitable repayment duration. However, it is crucial to ensure that the Equated Monthly Installment (EMI) amount is manageable and can be comfortably repaid each month.
Documents required to apply for a Personal loan
Financial institutions typically require certain documents before approving and disbursing a loan. These documents include identification proof, address proof, a copy of the PAN card, salary slips, recent bank statements, photographs, ECS mandates, and post-dated cheques.
Personal Loan With Zero Pre-Payment Fee
Certain NBFCs offer customers the flexibility to fully repay the loan amount or make partial pre-payments towards the principal. However, specific terms and conditions are typically associated with such pre-payments. For instance, pre-payment is usually allowed after 12 months, and a pre-payment fee may be levied on the repaid amount. Nevertheless, these terms may vary depending on the product, so it is essential to seek clarification from your lender regarding pre-payment policies before the loan disbursal.
Low-Interest Personal Loan
As discussed earlier, the interest rates for personal loans can vary based on the customer's profile. IndiaLends employs algorithms to strive to obtain the most competitive interest rate product available for each customer.
Personal Loan From Banks
Banks are financial institutions registered with the Reserve Bank of India (RBI) and engaged in various activities such as accepting deposits and providing loans. In addition to universal banks, the RBI has recently introduced payment banks and small finance banks. However, only universal banks and small finance banks are authorized to lend to individuals. Applying through IndiaLends offers the simplest method to obtain a personal loan from the leading banks in the country. IndiaLends has established collaborations with renowned banks and NBFCs, including HDFC, ICICI, RBL, IndusInd, Kotak, Yes Bank, and more.
Personal Loan From NBFCs
NBFCs are non-banking financial institutions registered with the Reserve Bank of India (RBI), primarily engaged in lending to individuals and businesses. Unlike banks, NBFCs are generally not authorized to accept customer deposits. They rely on borrowing funds from banks for their lending activities, which often results in comparatively higher interest rates on Personal Loans than those offered by banks. Additionally, NBFCs tend to cater to a higher-risk profile segment, leading to higher acceptance rates for loan applications.
New To Credit Loans
Although CIBIL and Experian maintain records for more than 150 million individuals, a significant majority have never borrowed from an RBI-regulated financial institution that is a member of a credit bureau. As a result, these individuals lack a credit bureau record, meaning they have no credit history or credit score. Due to the absence of a credit file, they often encounter difficulties in securing loans from financial institutions. However, IndiaLends has forged special partnerships with various banks, enabling them to assist some individuals who are new to credit (with thin credit files) in accessing low-interest personal loans.
Recently Declined Personal Loan Application
A significant number of consumers face loan application rejections from banks due to factors such as inadequate credit history, limited affordability, insufficient supporting documents, and more. However, IndiaLends can assist some of these customers in obtaining affordable loans through collaborations with specialized NBFCs.
Banks and NBFCs Partners
IndiaLends has established partnerships with a comprehensive range of lending institutions, encompassing both prominent and smaller entities. Our collaborations include renowned banks such as HDFC, ICICI, SBI, Kotak, IndusInd, Tata Capital, Bajaj Finserv, IDFC First, IIFL, IndiaBulls, RBL Bank, DHFL, Aditya Birla Finance, American Express, among others, ensuring a wide array of options for our customers.
Loans For Phones / Desktops / Laptops And Tablets
IndiaLends offers easy installment personal loans starting from as low as Rs. 25,000 for customers who wish to purchase the latest gadgets, whether it's an iPhone 7 or a MacBook Pro. This allows individuals to acquire their desired gadgets through manageable loan amounts and easy repayment options.
EMI Without Credit Cards
While e-commerce marketplaces offer convenient EMI options for significant purchases, these benefits are typically limited to customers who already possess credit cards. Unfortunately, this privilege extends to only a small proportion of the population, approximately 10 million individuals across the country. However, IndiaLends provides an accessible solution through its online personal loan, enabling individuals to swiftly make large-ticket purchases on e-commerce platforms and convert them into affordable EMIs. This expands the opportunity for a broader segment of customers to enjoy the convenience of EMI-based shopping on e-commerce portals.
Credit Report
A credit report serves as a financial report card, encompassing historical data regarding an individual's loans and credit cards. Various types of loan accounts are included, such as Credit Cards, Personal Loans, Home loans, gold loans, Car loans, Two-Wheeler loans, business loans, Loan against Property, Agriculture loans, and more. Each account provides detailed information about repayment history, loan amount, tenure, open and close dates, and other relevant details. Credit Bureaus utilize this information to assess the risk associated with an individual, resulting in a credit score. The credit score ranges from 300 to 900, and a higher score increases the likelihood of loan approval. In India, there are four credit bureaus—CIBIL, Experian, Equifax, and Hi-Mark—providing credit scores to individuals. IndiaLends has partnered with Experian and Hi-Mark credit bureaus to offer its customers free credit reports and analysis. Additionally, IndiaLends customers also receive complimentary credit report refreshments every quarter for the first 12 months.
Personal Loan
A personal loan is a credit facility that does not require collateral and is offered by banks and NBFCs to employed individuals. IndiaLends, the largest online personal loan provider in the country, has assisted over 150,000 customers and collaborates with more than 70+ RBI-Approved partners to offer personal loans tailored to different customer profiles. Here are some notable features of the convenient personal loans available through IndiaLends.
Personal Loan Interest Rate
The interest rates offered to customers are subject to variation based on their individual profiles. Typically, loan rates begin at approximately 10.25%. To improve the likelihood of obtaining a loan at a lower interest rate, it is advisable to maintain a strong credit history. Ideally, a CIBIL score above 750 is considered favorable.
Personal Loan Tenure
The repayment period for a Personal Loan typically ranges from 3 months to 6 years, allowing borrowers to choose a tenure that aligns with their requirements. Whether one needs a short-term or long-term loan, they have the flexibility to select a suitable repayment duration. However, it is crucial to ensure that the Equated Monthly Installment (EMI) amount is manageable and can be comfortably repaid each month.
Documents required to apply for a Personal loan
Financial institutions typically require certain documents before approving and disbursing a loan. These documents include identification proof, address proof, a copy of the PAN card, salary slips, recent bank statements, photographs, ECS mandates, and post-dated cheques.
Personal Loan With Zero Pre-Payment Fee
Certain NBFCs offer customers the flexibility to fully repay the loan amount or make partial pre-payments towards the principal. However, specific terms and conditions are typically associated with such pre-payments. For instance, pre-payment is usually allowed after 12 months, and a pre-payment fee may be levied on the repaid amount. Nevertheless, these terms may vary depending on the product, so it is essential to seek clarification from your lender regarding pre-payment policies before the loan disbursal.
Low-Interest Personal Loan
As discussed earlier, the interest rates for personal loans can vary based on the customer's profile. IndiaLends employs algorithms to strive to obtain the most competitive interest rate product available for each customer.
Personal Loan From Banks
Banks are financial institutions registered with the Reserve Bank of India (RBI) and engaged in various activities such as accepting deposits and providing loans. In addition to universal banks, the RBI has recently introduced payment banks and small finance banks. However, only universal banks and small finance banks are authorized to lend to individuals. Applying through IndiaLends offers the simplest method to obtain a personal loan from the leading banks in the country. IndiaLends has established collaborations with renowned banks and NBFCs, including HDFC, ICICI, RBL, IndusInd, Kotak, Yes Bank, and more.
Personal Loan From NBFCs
NBFCs are non-banking financial institutions registered with the Reserve Bank of India (RBI), primarily engaged in lending to individuals and businesses. Unlike banks, NBFCs are generally not authorized to accept customer deposits. They rely on borrowing funds from banks for their lending activities, which often results in comparatively higher interest rates on Personal Loans than those offered by banks. Additionally, NBFCs tend to cater to a higher-risk profile segment, leading to higher acceptance rates for loan applications.
New To Credit Loans
Although CIBIL and Experian maintain records for more than 150 million individuals, a significant majority have never borrowed from an RBI-regulated financial institution that is a member of a credit bureau. As a result, these individuals lack a credit bureau record, meaning they have no credit history or credit score. Due to the absence of a credit file, they often encounter difficulties in securing loans from financial institutions. However, IndiaLends has forged special partnerships with various banks, enabling them to assist some individuals who are new to credit (with thin credit files) in accessing low-interest personal loans.
Recently Declined Personal Loan Application
A significant number of consumers face loan application rejections from banks due to factors such as inadequate credit history, limited affordability, insufficient supporting documents, and more. However, IndiaLends can assist some of these customers in obtaining affordable loans through collaborations with specialized NBFCs.
Banks and NBFCs Partners
IndiaLends has established partnerships with a comprehensive range of lending institutions, encompassing both prominent and smaller entities. Our collaborations include renowned banks such as HDFC, ICICI, SBI, Kotak, IndusInd, Tata Capital, Bajaj Finserv, IDFC First, IIFL, IndiaBulls, RBL Bank, DHFL, Aditya Birla Finance, American Express, among others, ensuring a wide array of options for our customers.
Loans For Phones / Desktops / Laptops And Tablets
IndiaLends offers easy installment personal loans starting from as low as Rs. 25,000 for customers who wish to purchase the latest gadgets, whether it's an iPhone 7 or a MacBook Pro. This allows individuals to acquire their desired gadgets through manageable loan amounts and easy repayment options.
EMI Without Credit Cards
While e-commerce marketplaces offer convenient EMI options for significant purchases, these benefits are typically limited to customers who already possess credit cards. Unfortunately, this privilege extends to only a small proportion of the population, approximately 10 million individuals across the country. However, IndiaLends provides an accessible solution through its online personal loan, enabling individuals to swiftly make large-ticket purchases on e-commerce platforms and convert them into affordable EMIs. This expands the opportunity for a broader segment of customers to enjoy the convenience of EMI-based shopping on e-commerce portals.
Credit Report
A credit report serves as a financial report card, encompassing historical data regarding an individual's loans and credit cards. Various types of loan accounts are included, such as Credit Cards, Personal Loans, Home loans, gold loans, Car loans, Two-Wheeler loans, business loans, Loan against Property, Agriculture loans, and more. Each account provides detailed information about repayment history, loan amount, tenure, open and close dates, and other relevant details. Credit Bureaus utilize this information to assess the risk associated with an individual, resulting in a credit score. The credit score ranges from 300 to 900, and a higher score increases the likelihood of loan approval. In India, there are four credit bureaus—CIBIL, Experian, Equifax, and Hi-Mark—providing credit scores to individuals. IndiaLends has partnered with Experian and Hi-Mark credit bureaus to offer its customers free credit reports and analysis. Additionally, IndiaLends customers also receive complimentary credit report refreshments every quarter for the first 12 months.