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Key factors that may impact your personal loan interest rates

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Personal loans are becoming popular for instant financing in India due to the growing needs of Indian consumers. understanding personal loan interest rates, you can make the most cost-effective decision when borrowing funds. The interest rate on a personal loan is the price that the lender charges you for the loan. It lets you know how much interest you will have to pay on the amount you have borrowed. Interest rates on personal loans might change depending on the lender’s eligibility criteria. When you meet the majority of the criteria, you can get a lower interest rate, and vice versa. However, there are others involved here as well.

Some of the factors that influence personal loan interest rates are listed below:

Income

Your income is an important factor that influences your personal loan interest rate since it affects your ability to repay. So, if you show good repayment ability, you are considered a low-risk borrower. Lenders decide if you are a high-risk or low-risk borrower based on . Generally, metro cities have a higher minimum income criterion for a personal loan. Apply once you have met this requirement to increase your chances of getting a pocket-friendly personal loan.

Debt-to-income ratio

Aside from timely debt repayment, you shall monitor your debt-to-income ratio to improve your credit score. It assists lenders in determining how much new credit you can handle. If the ratio is high, you may have funds for repayment, increasing your risk of default and labelling you as a high-risk borrower. As a result, lenders are hesitant to approve your loan application or offer you low personal loan interest rates. You should aim for a debt-to-income ratio of 40%, which means that your debt should not exceed 40% of your total income.

Credit score

A credit score is a key element in determining your creditworthiness. Generally, a CIBIL score of 750 or above is ideal for availing of affordable personal loans. Before deciding on the terms of your loan, lenders look at your CIBIL score. Your CIBIL score and credit report contain all the information about how you used credit in the past. If you have a high credit score, lenders will see that you are a reliable borrower and may interest rate on your personal loan. This is why it is so important for you to improve and keep your CIBIL score high.

Economic conditions and other market factors

The cost of your loan is influenced by several factors, including inflation, repo rates, and more. Even though these things are out of your control, you can make the most of them by borrowing money when interest rates are pocket friendly.

Lenders provide higher personal loan interest rates during inflation, whereas during a recession, interest rates are lower. The interest rate on any lender’s personal loan is linked to the RBI’s repo rate. As a result, a low repo rate may result in lower interest rates, whereas a high repo rate may result in higher interest rates.

Employment stability

Aside from your income, your employment stability is also a factor that influences the interest rates on a personal loan. You can showcase your employment stability by working for a well-known company for at least two years. It shows that you have a stable income and gives the lender confidence that you will be able to pay back the loan on time. This key factor makes you eligible for a better personal loan interest rate.

Relationship with the lender

Lenders usually charge lower interest rates to their existing customers. They have a strong sense of interdependence because of their long-standing, loyal relationship. When lenders see that you are loyal to them, they are more likely to give you a better deal than a new customer.

Now that you understand the factors that influence interest rates, go ahead with a personal loan only after comparing the rates offered by various lenders. You can also use a personal loan eligibility calculator to see if you are eligible for a personal loan.

Bajaj Finance offers personal loans with minimal interest rates. You can borrow a personal loan of up to Rs. 35 lakh which you can repay over a tenure of 84 months. You can even use the personal loan EMI calculator to plan your loan repayment effectively. Check your offer right away to get a personal loan with minimal paperwork.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Sujoy Mukherjee’s documentary Battle of Swaraj wins Best Documentary Film Award

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Mumbai (Maharashtra) [India], January 31: The Documentary Battle of Swaraj by filmmaker Sujoy Mukherjee has been making waves on the internet lately. The film won the Honourable Jury Award at Mumbai Shorts International Film Fest for Best Documentary film. Sujoy Mukherjee is known for his award-winning film Ab Mujhe Udnaa Hai, which is streaming on Disney plus Hotstar and now, his documentary Battle of Swaraj is garnering attention from all corners.

“Battle Of Swaraj” has carved its name on multiple trophies like-Honourable Jury Award at the 11th Mumbai Shorts International Film Festival-22 for the best Documentary film directed by Sujoy, Iconic Bharat Gaurav Puraskar 2022, Best Innovative Filmmaker for “Battle of Swaraj (Documentary)”, 2nd runner up at MWFIFF.

Battle Of Swaraj is based on Chhatrapati Shivaji Maharaj. It shows what a brave warrior can do with his Gorilla War Tactics and his brave men to win freedom for the people from the cruel emperors. Chhatrapati Shivaji Maharaj was the son of Shahji Raje Bhosale who was Sardar in King Adil Shah’s Darbar. From having a small jagir of Pune to having more than 300 forces under his control, how he spread his empire to Tamilnadu, Karnataka, Maharashtra and Madhya Pradesh during his lifetime is what makes the crux of Battle of Swaraj documentary.

Sujoy has covered historic forts Shivneri, Torna, Rajgad, Pratapgad, Panhala, Pawan Khind, Vishalgad, Purandar, Sinhgad, and Raigad.

The aim of making this documentary was to make people aware of this part of the glorious Indian history, and in the Documentary film, you can see these forts.

Talking about making the documentary, the director said, “The journey of making this documentary film, Battle Of Swaraj, was amazing and challenging. It would not have been possible without my crew or team of the film. Climbing the fort looked challenging as it was, and climbing with cameras and heavy equipment looked impossible, but we achieved it. The most difficult task was to climb the steep Rajgad Fort, but with the blessings of the great Chhatrapati Shivaji Maharaj, we were able to climb the fort within 3 hours.

In the recent past, Sujoy Mukherjee made a grand announcement of his directorial debut, “Kalpvriksh”, at the ancestral Filmalaya Studio in collaboration with Royal Cinemas, which revolves around the sufferings of parents vis a vis their over-ambitious and selfish children. The basic idea of the story was given by Anandji bhai of Kalyanji Anandji fame; the story, screenplay & dialogues are by Sunil, Sudhir, and Sujoy Mukherjee.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Keomi Beauty targets new product launches in 2023

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India, 1st February 2023: Inspired by Japanese beauty secrets, Keomi Beauty recently kick-started its journey in the Indian beauty and skincare space. Driving inspiration from the traditional Japanese concept of Wabi-Sabi, Keomi Beauty firmly believes that every woman is ‘Perfectly Imperfect’ and has curated an extensive range of products for healthy and glowing skin.

With a vision to empower Indian women with affordable yet high-quality products, Keomi Beauty offers the perfect blend of modern formulations and timeless Japanese skincare rituals. The brand began its journey in the Month of November 2022 with a diversified product portfolio. Catering to common key skin concerns, Keomi Beauty has products across 7 SKUs and has gained immense popularity for its indigo night cream, silk cream, blue clay mask & vitamin-c serum.

Keomi is set to expand its product portfolio further with three new launches by April 2023.

Highlighting Keomi Beauty’s brand new journey, Binti Kumar co-owner shared, “Over the years, I have struggled to find the perfect skin elixir. However, Japanese skincare was a game changer for me, and I recognized the immense potential of the age-old regime. Keeping in mind the common concerns and skincare needs of Indian consumers, we decided to curate a brand that would revolutionize the mainstream Indian market.”

“Importing Japanese products was always expensive and therefore we created a brand that is effective, affordable yet luxurious. Post robust R&D processes and several consultations, we decided to fuse modern skincare innovation with traditional Japanese beauty rituals. With this philosophy, Keomi Beauty was born.” added Binti Kumar .

After a successful journey, Keomi is set to expand its product portfolio further with three new launches by April 2023. The new product range will include Hyaluronic acid serum for hydrating and plumpness, Daily youth serum for anti aging , soothing and moisturizing, sunscreen SPF 50 PA+++ with rice water and extract.

The Keomi formula has superfoods, such as Matcha tea, kakadu plum, rice water, yuzu, bakuchiol, Indigo extract and green tea, which are the core of the Japanese diet. This healthy combination in topical application protects, hydrates, and nourishes the skin. Taking inspiration from Japanese beauty secrets, Keomi Beauty endorses a minimalist skincare approach that encourages users not to burden their faces with layers of products. Instead, the range offers a simple yet effective regime that strengthens the skin barrier, detoxifies the pores, and reduces inflammation. Keomi’s current range of minimal products includes nature-based serums, moisturizers and cleaners. All the products are dermatologist tested and cruelty free.

Keomi products are current available on the official website as well as on other popular e-commerce portals like Amazon, Flipkart, etc.

For more information, visit – https://www.keomibeauty.com/

To kickstart your J-Beauty journey, visit –

https://www.keomibeauty.com/collections/products-only

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Top Influential Entrepreneurs of the Year 2023

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New Delhi (India), February 1: These leaders are making great strides in various industries, and we can’t wait to see what they accomplish in the future.

Which entrepreneurs are making the biggest impact in India? This is a question that has been asked by many, and there is no definitive answer. There is a list of Top influential entrepreneurs who we believe will make a big impact in India over the next few years. These leaders are making great strides in various industries, and we can’t wait to see what they accomplish in the future. These leaders will be at the forefront of change, and their businesses will blaze a trail for the rest of India’s entrepreneurs. So, who are these visionaries? Keep reading to find out.

1. Ishan Kumar Giddu

Ishan Kumar Giddu is the young and spirited CEO and founder of Ikarus 3D, India’s leading 3D modelling company that caters to the AR, VR, MR and WebAR industries. The company serves clients in more than 17 countries by providing 3D models for product visualizations, virtual try-on and the 3D avatar market. His story motivates his team at Ikarus 3D, and the company has achieved tremendous growth since its inception 3 years ago. Ishan strives to make Ikarus 3D the venture of growth, be it the growth of its people, clients, patron’s money or skill. He focuses on making a long-lasting impact in the virtual world and touching numerous lives with 3D technology for a virtually integrated future. Featured in several publications and bagging an Aegis Graham Bell Awards 2022 nomination in the category ‘innovation in AR and VR’, Ishan’s company has shown incredible growth by more than tripling Ikarus 3D’s revenue in the last quarter of 2020-21 and maintaining a consistent quarter on quarter growth at 75% since.

2. Manju Mastakar

Manju Mastakar’s success story as the Managing Director of Armstrong Capital & Financial Services Ltd. is just another example of how empowered women have always been in India. From Dalal Street as an equity dealer, she went on to establish her practice in Bangalore as a Financial Advisor. Armstrong Capital started its operations in the year 2010 under Ms. Manju Mastakar’s leadership and visionary ideologies. Having worked in the financial services industry for over 25 years, she has been very effective with her policies, plans and their implementations. Her passion, vision and hard work helped the organisation empower its wings and fly at distant skies. An eternal optimist, she does not shriek away from challenges, for her challenges are no more confined to achieving scale but to align the strategy of the organization with the changed environment.

Armstrong Capital is an investment solution firm that offers a complete spectrum of wealth management services to its clients. At Armstrong Capital, every relationship starts with a Financial Plan to understand all the investments done in the past and bucket that into life goals. The firm offers a systematic approach to financial planning so that all financial goals can be identified and achieved. Armstrong Capital’s bespoke services are reinforced by excellent execution, a robust investment policy framework, and a rigorous due diligence process with a strong emphasis on picking future winners. Armstrong Capital currently serves more than 1000 delighted clients. Each client is serviced by Personal Investment Adviser along with a Service Manager backed by in-house research and technology platform.

3. Dr. Vinod Surana

Surana & Surana International Attorneys (www.suranaandsurana.com) is recommended as the “go-to” law firm in South India by leading international publications and is consistently ranked among the top 10 firms in India since 1998 by national and international publications for its commitment to providing expert legal solutions in complex matters.

The Managing Partner & CEO of the firm, Dr. Vinod Surana, has qualified from prestigious institutions such as Harvard, Cornell, UCLA, LSE and Indian Institutes of Management (Bangalore and Ahmedabad). He has been the Co-Chairman of

ASSOCHAM for South India (2016-2021) and is currently elected as the Senior Vice Chairman of All India Manufacturer’s Organization (TNSB) (2021-2023). He is the Honorary Legal Advisor to Govt. of Taiwan in India. He has led eleven Industry delegations under CII and FICCI to South America & Israel to promote Indian diplomatic, political and trade interests.

Dr. Vinod Surana is a rare combination of a successful lawyer, accredited mediator, social worker, academician, law firm CEO, policy advisor and strategist. He has inspired generations of lawyers and entrepreneurs.

4. Sunny Sehrawat

Sunny Sehrawat is the co-founder of Digitech Media. He is also the CEO and Publisher of Business View Magazine. Sunny has over 5 years of experience in the field of digital marketing and has helped numerous businesses grow online. He is an expert in search engine optimization (SEO), Ranked in India’s Top 3 SEO Experts in 2018-19, and has a proven track record of helping businesses rank higher in search engine results pages (SERPs). Sunny is also a well-known speaker and has spoken at various conferences and events on the topic of digital marketing. In addition to his work as an SEO Expert, Sunny is also a certified Google AdWords Professional (GACP).

Sunny Sehrawat is a well Known PR Consultant & Media Monitoring Pundit. At Digitech Media, their mission is to help businesses grow online and reach their full potential. He is passionate about helping businesses succeed and is always looking for new ways to help them grow.

5. Brijesh Sehrawat

Brijesh Sehrawat is a renowned publisher and owner of CEO Review Magazine, India’s premier magazine dedicated to CEOs and top executives. As its founder and driving force, Brijesh Sehrawat is responsible for much of the magazine’s success. He drives hard to maintain high-quality standards throughout each issue, focusing on insightful content that can help business leaders make better decisions. Additionally, he works closely with his team to ensure timely delivery and strategic marketing initiatives.

6. Jyoti Thakur

Jyoti Thakur is one of India’s most successful and influential digital entrepreneurs. As CMO of CEO review Magazine, she has used her expertise in marketing and technology to grow the magazine’s reach and influence. She has also been instrumental in creating an online platform for entrepreneurs to connect and share their best practices. Through her work, Jyoti has become a powerful advocate for entrepreneurship in India, and her efforts have helped position the country as a leading destination for innovative businesses. Thanks to her vision and leadership, Jyoti has made a lasting impact on the Indian startup ecosystem and continues to be a driving force in the country’s digital economy for years to come.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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