India Press Releases

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World Phone Internet Services Pvt. Ltd. applauds Department of Telecommunications rejection of TRAI recommendation that OTT Services such as Facebook and WhatsApp remain unregulated

World Phone Internet Services Pvt. Ltd. applauds Department of Telecommunications rejection of TRAI recommendation that OTT Services such as Facebook and WhatsApp remain unregulated

New Delhi, Delhi, India – World Phone, India’s premier VoIP service provider, today applauded the widely-reported decision of the Department of Telecommunications (DoT) to reject the recommendations of the Telecom Regulatory Authority of India (TRAI) regarding Over the Top (OTT) players.  According to a widely-reported unnamed DoT official, “The Internet Telephony recommendation of TRAI was not accepted by the DoT. The Department has now sought comprehensive reference from TRAI for internet and over-the-top players.”

World Phone has single-handedly been the driving force for this DoT decision.  Its pending legal action (Writ Petition (Civil) No. 11173/2019) has sought that the Hon’ble Court enjoin Facebook, Inc. n/k/a Meta Platforms, Inc. “(“Meta”) and WhatsApp, LLC from providing Internet Telephony services until such time as they are in full compliance with the applicable requirements for providing these services in the Union of India.

The Hon’ble Ms. Justice Rekha Palli previously recognised in the World Phone legal action: “Though pleadings in the matter are complete, it appears that the TRAI, had on 14.09.2020, made certain recommendations which, prima facie, were not in favour of levying of any charges on the entities providing Over The Top (OTT) services.”  The Court next ruled that “it is expected that before the next date of hearing, the said respondents will take a final decision on the aforesaid recommendations.  While doing so, it will also be open for them to consider whether any fresh recommendations are called for from the TRAI.”  In other words, the DoT has done what was requested by the Court in World Phone’s legal action against the DoT, Meta, and WhatsApp, LLC.

Facebook Messenger and WhatsApp currently provide Internet Telephony to hundreds of millions in India without any license or clearance from the concerned authorities.  No different than regulatory decisions barring “discriminatory pricing” for different data platforms or content, World Phone’s action seeks a ruling that levels the playing field for licensed operators such as World Phone.

Disregarding applicable law, Facebook messenger and WhatsApp also currently operate in India without any underlying physical presence in India.  These unregulated activities can be viewed as a form of digital colonialism that not only hurts companies such as World Phone but directly threatens our national security and our citizenry’s autonomy, privacy, and sense of self-worth.

For example, seeking to monitor grocery purchases, Meta and Jio Platforms announced on 29 August 2022, the launch of “the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat.”  This will allow users in India “to seamlessly browse through JioMart’s entire grocery catalog, add items to cart, and make the payment to complete the purchase – all without leaving the WhatsApp chat.”  This comprehensive food surveillance follows the head of “WhatsApp India” previously announcing in July 2020:  “Our collective aim over the next two to three years should be to help low-wage workers and the unorganised, informal economy easily accesses three products – insurance, micro-credit, and pensions.”  In other words, Meta and WhatsApp seek to control all possible levers of commerce for the Indian people.

The Hon’ble Mr. Justice Yashwant Varma has ordered that the next hearing in World Phone’s action is set for 8 September 2022.

ABOUT WORLD PHONE INTERNET SERVICES PVT. LTD.

Over a decade ago, World Phone World ushered in a new era in communications for India. One of the most significant players in Internet Services, World Phone provides Internet bandwidth, Internet Telephony, and related services for corporate as well as domestic users.  World Phone is a Category “A” Internet Telephony Service Provider licensed by the Department of Telecommunications (DoT), Government of India.

BrandEdge, Eastern India’s biggest brand conference, hosted by PRSI

BrandEdge, Eastern India’s biggest brand conference, hosted by PRSI

The parent, Public Relations Society of India (PRSI) is the national association of public relations practitioners and communication specialists in India. It functions primarily for professional development. It seeks to formulate and interpret the objectives and potential of public relations as a socially useful function and uphold its value as an integral part of management. Public Relations Society of India, Kolkata Chapter in keeping with its defined objective, aims to advance quality communication and the ethical practice of public relations through networking and intellectual leadership encompassing irreversible and evolving technologies, consumer services growth, and paradigm shifts in media and marketing.

The Kolkata Chapter has been regularly organizing events, seminars, and training workshops where eminent personalities have delivered path-finding deliberations on the vital aspects of public relations and communications. PRSI KOLKATA is doing a brand conclave in Kolkata on August 17th.

Top brand luminaries like Piyush Pandey and Niru Kumar have agreed to speak at the symposium.

We thank our media partner as well as all the other sponsors who successfully made our day Keeping the imperatives in mind, we set about identifying local companies which had the potential to develop into brands with the prospect of making an impact nationwide. We are extremely delighted to see a few international brands be a part of our event.

Even if some of the big names in business had over the years migrated to greener pastures elsewhere in the country, there remained old ones mostly in the area of engineering and commodities who managed to survive the onslaught of economic stress in the country.

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DOCTHUB – upskilling and uplifting the lives of healthcare professionals

DOCTHUB – upskilling and uplifting the lives of healthcare professionals
  • Docthub is a Healthcare Career & Professional Upgrade Platform that helps healthcare professionals in their career development.

Offerings

  • Jobs – Job seekers can apply for Healthcare Jobs
  • Courses – Students can find & apply to Healthcare Courses from numerous Institutes
  • Events – Professionals can discover Conferences, Seminars, CMEs & Workshops

One single app for every healthcare professional

To empower the healthcare fraternity and help the individuals associated with the healthcare sector, Ahmedabad-based Docthub is pushing boundaries. The company has rolled out multiple offerings under one umbrella to benefit every individual to live up to their full potential.

The platform is specifically designed for people who are already working in the healthcare sector or are interested in joining it. The aim is to help healthcare professionals in building & enhancing their careers. Through Docthub, healthcare professionals can improve their knowledge, look out for career opportunities, and enhance their skills on one centralized platform. Docthub has been actively educating the healthcare community by producing videos on the Youtube channel that help students & professionals gain knowledge about numerous subjects.

The intention is to minimize or eliminate the efforts taken by healthcare professionals and help them find a suitable match. Easing up the entire process can help everyone, a student can find details of healthcare courses and apply directly, a job seeker can look for jobs and filter for suitable jobs, and a practicing professional can register for a health conference or event. In short, there is something for everyone!

As a result of the hard work and commitment of the team, Docthub is doing exceptionally well in the B2B domain where all the healthcare organizations, associations, colleges/Institutes, hospitals, etc. can connect with their target audience and expand their user base. To add cherry on the cake, the company has come up with its unique mobile app that provides cumulative information on all the services at one stop.

Docthub is jumping into a niche category to help both the users and the enterprises. Since the firm is started by a doctor, the actions and decisions are more specific and result oriented.

Technology is at the heart of this Health tech IT Company. Managing such a humongous amount of data requires a lot of technological advancement hence the company has been experimenting with new features and technologies to keep on iterating and enhancing users’ experience.

A sneak-peek into the life & future plans of music producer & DJ Rohit Rao

A sneak-peek into the life & future plans of music producer & DJ Rohit Rao

His vast experience with music production and live performances has made him a notable DJ and music producer in the industry.

Rohit Bhalerao aka DJ Rohit Rao is an eclectic talent with an undying thirst for great music since childhood and has always understood the pulse of the entire clubbing & music production business from its very roots.

His passion for music started from a young age by learning various aspects of being a Disc Jockey. In the year 2010, he started working in nightclubs as a resident DJ. He got a chance to work in Navi Mumbai’s best clubs and events. DJ Rohit Rao is also known for his work as a sound engineer/recordist for various multimedia projects. ”As a music producer, we need to be open to new sounds and genres instead of sticking to one pattern. Each genre of music has its own vibe, so keep exploring and experiment with various sounds.” says DJ Rohit Rao.

DJ Rohit Rao is known for his dance-floor-breaking remixes and music production. He keeps himself updated with the latest music and trends and in his own style offers exactly what the crowd is looking for. In 2016, he created a remix album brand called Bollyroom under Rohit & Teju’s collaboration, which featured some of the best Bollywood songs of 2016. He committed to his fans, that he will release a new version of the album every year and has stayed true to it for 7 consecutive years, and counting. His remixes mostly gets selected by Club Mirchi on Radio Mirchi 98.3 FM, one of the best radio shows of India, among others. His latest remix of Kesariya with DJ Angel is garnering a lot of love and appreciation from music lovers.

DJ Rohit Rao has taken a lot of effort into his new release called Mind Training and Night Sailor (https://open.spotify.com/album/2TCzu8zikXiRFD4vvzW5zE). These songs are available on all major music streaming platforms including Spotify, Apple Music, Jio Saavn, Beatport, and others.

Turning his dream into a reality, DJ Rohit Rao aka Rohit Bhalerao has made tremendous progress in recent years. He has performed at various music events in India. Along with this, he has worked with a number of well-known DJs from around the world for various projects. Due to his commendable work, he has emerged as one of the best DJs and music producers in India.

As the music scene returns to normal, DJ Rohit Rao is ready to swoop his fans with his smashing new remixes. He is currently working on several music projects and is going to offer the industry some reminiscing music of its time.

To stay updated on his latest events and music releases, follow him on @djrohitrao & djrohitraoofficial on major social media sites. If you find him playing near your city or venue, do drop by to make it a memorable experience.

Sonde Health Inks Multi-Year Partnership with Koye Pharmaceuticals

Sonde Health Inks Multi-Year Partnership with Koye Pharmaceuticals

Strategic partnership created to develop and license a new vocal biomarker detection and monitoring capability for COPD in India.

BOSTON — Sonde Health, a leading enterprise vocal biomarker company, has signed a multi-year agreement with Koye Pharmaceuticals, a specialty pharma organization focused on the Indian Pharmaceutical market, to develop a new vocal biomarker detection and monitoring capability for chronic obstructive pulmonary disease (COPD) in India. This deal represents Sonde’s first partnership with a pharmaceutical company.

As part of this arrangement, Koye will leverage Sonde’s vocal biomarker development (VBD) platform, expanding upon its already existing respiratory responsive vocal biomarker, to create an entirely novel vocal biomarker for COPD in India. This will allow Koye to develop solutions that help track and treat respiratory health in COPD patients using their voices.

“This collaboration marks a major milestone in Sonde Health’s growth and evolution, and we’re excited to take this step with Koye Pharmaceuticals,” David Liu, CEO of Sonde Health. “Partnering directly with pharmaceutical companies allows them to take a more targeted and engaging approach with prospective patients, aligning their needs with the most impactful therapeutics. While there’s no cure for COPD, this new vocal biomarker will allow physicians to better manage their patients’ symptoms using early monitoring and constant engagement to en sure those impacted by COPD get on the right treatment plans early and often.”

COPD, a chronic inflammatory lung disease that creates airflow blockage and makes it difficult to breathe, is the third leading cause of death worldwide – causing 3.23 million deaths in 2019, according to the World Health Organization – and the second highest cause of death and disability in adjusted life years (DALYs) in India after heart disease, per the University of Washington’s Global Burden of Disease study. As of 2018, India had 18% of the world’s population, but 32% of the COPD cases. COPD was responsible for 13% of all deaths in India. A worldwide study has estimated that India’s death rate from COPD during 2019 was 98 per 100,000 population, three times the American rate of 33 and the British rate of 31. According to the latest figures, India has an estimated 50 million people living with COPD.

“We have been keen on utilizing an accessible platform with digital biomarkers that will both aid physicians in identifying and understanding their patients’ conditions better and also make it easier for patients with chronic respiratory conditions to monitor their health in the least invasive way possible. This partnership with Sonde Health is exactly what we were looking for,” said Preetish Toraskar, Founder and Director at Koye Pharmaceuticals. “Not only is Sonde at the forefront of vocal biomarker technology, but their extensive experience in respiratory health will prove invaluable as we work to get this debilitating condition under control in India.”

Sonde Health has previously developed and commercialized vocal biomarker technology to detect and monitor respiratory impairment. In early 2022, the company partnered with GN Group, a leading global manufacturer of hearing instruments and audiological diagnostics equipment and headsets, to create vocal biomarker technology to detect Mild Cognitive Impairment.

Sonde Health and Koye Pharmaceuticals plan to explore developing more vocal biomarkers during their multi-year arrangement.

About Sonde Health

Sonde Health has developed an enterprise vocal biomarker platform that enables any company to either license respiratory or mental fitness monitoring product or create a novel vocal biomarker product. Sonde scales data collection, feature development, model creation and clinical validation in collaboration with its partners and customers. Leveraging over 1 million voice samples from 80,000+ individuals, Sonde uses advanced audio signal processing and machine learning to sense and analyze subtle vocal changes due to changes in a person’s physiology to provide key insights into health and well-being.

www.sondehealth.com

About Koye Pharmaceuticals

Koye Pharmaceuticals Pvt. Ltd. was founded in 2013 by two experienced professionals of the pharma industry, Mr. Preetish Toraskar and Mr. Ravindra Shenoy. Since its foundation, Koye has expanded its operations to run across the length and breadth of the country aided by their strong distribution network. Koye today has more than 1250+ qualified ambassadors who meet up with more than 100,000+ doctors across the country every month. The company which believes in pursuing ‘healthiness’ has a strong foothold in different therapeutic segments that include state-of-the-art products in Specialty Primary Care, Respiratory, Gynaecology, IVF and Cardio-Diabetic segments.

Announcement of Abhi Loans securing $4.5 million in funding

Announcement of Abhi Loans securing $4.5 million in funding

NBFC poised to help retail customers to get loans against mutual funds and shares within 24 hours.

Karnataka, India – Abhi Loans, a digital lender affording loans on mutual funds and shares across India, has today announced that it has raised $4.5 million in funding for its operations. The funding will be used by the brand to rapidly grow its customer base and expand operations.

The quick credit startup is disrupting the notion that loans against mutual funds/shares are just for high-net individuals, with the company availing financial solutions that cater to small unit share/MF holders. While mainstream banks provide a minimum of Rs 1 lakh for loans on shares, Abhi Loans provides loans starting from Rs 15,000 thus including small-time borrowers. This is in addition to a high LTV value of 65% and 75% for loans against shares and mutual funds respectively.

DIM Sparkle Fund, which has amassed a reputation for providing financial aid to revolutionary businesses in the fintech space, is the driving engine behind the funding. However, many other angel investors have joined hands to bring the sum to where it is now. Among them are SK Jain, Ashvin Chadha, and Niten Malhan, all of whom received credit and gratitude via an official company statement.

When quizzed on what the funding will help plug, founder Deepit Singh enthused. “First, we’d like to thank all our contributors. We’ll use part of the funds to expand our technology stack and grow our loan book. At the moment, we offer loans against securities on mass retail digitally, but we’re looking to grow our portfolio and diversify in the near future.”

DMI Sparkle Fund co-founder described his excitement at working with KNAB, also known as Abhi Loans. “Our ultimate dream is that we’ll provide financial solutions that cater to everyone from all walks of life across India. With this funding and partnership, we’re now closer than ever to financial inclusivity in our country,” Shivashish Chatterjee stated.

Mandeep Chaudhary, co-founder at Abhi Loans meanwhile rounded it all off by saying, “In these tough times, many people are turning to predatory lenders as they exhaust every cash avenue. Borrowers can find relief from stifling high-interest loans via the low-debt consolidation options we offer. Accessing cheap loans of Rs 15,000 from a Mutual Fund holding of Rs 20.000 at an LTV of 75%, ordinary Indians can enjoy greater financial liberty.”

Currently, Abhi Loans provides loans against marketable securities at 13% interest rates, with a promise of 24-hour disbursal, beating out banks and other NFBCs that traditionally take between 3 to 14 days for processing. The agency also provides loans to Low CIBIL Score customers, has no prepayment charges, and thrives by a fully digital service model where borrowers can complete loan applications online without in-person appearances.

“I Want To Be A Part Of Meaningful Films That Leave A Positive Impact On The Society”, Says Undertaker Actress Vanshika Gupta

“I Want To Be A Part Of Meaningful Films That Leave A Positive Impact On The Society”, Says Undertaker Actress Vanshika Gupta

Making a place for yourself in an industry, where mostly actors who come from a lineage get good opportunities, is quite difficult. However, Vanshika Gupta had decided that if there was anything she would do in her life, it would be acting. Born and raised in Shimla, Vanshika realized her calling for acting very early in life and started doing theatre from a very young age. She made her screen debut with the much-acclaimed feature film ‘Undertaker’ directed by director Vinod Pande.

In this interview, the talented actress talks about her journey as an artist, journey from Shimla to Mumbai, passion for acting, upcoming projects, and more.

You made your acting debut last year with the critically acclaimed film ‘Undertaker’. You received accolades for your performance both from the critics and the audience. How has life been for you after its release?

‘Undertaker’ gave me a lot of recognition as an actress. I remember a senior journalist telling me that even though it was my first film, I looked like a seasoned performer in it. Though most actresses prefer making their debut with a commercial film and dream of playing glamorous roles, I am glad I got the opportunity to work in a film that gave me the opportunity to prove my mettle as an actress. I learned a lot working with Vinod Pande who has several incredible films including ‘Sins’ (2005) that was distributed by Yash Raj Films.

Which was the biggest challenge involved in playing this particular character from ‘Undertaker’?

The character that I played in the film had a lot of emotional depth to it. I read the script multiple times to have a thorough understanding of what the character was feeling and trying to convey. I rehearsed each and every scene multiple times and worked very hard on the dialogues as well. The workshops we did before the film helped me get into the skin of my character.

When did you realize that you wanted to pursue acting as a profession?

I discovered my love from acting at a very young age. I used to love watching films as a child. I guess that’s when I first got attracted to this medium. While I was a good student, I ensured that I make enough time to do theatre and hone my skills as an actress. I graduated with a Bachelor of Commerce Degree from City Evening College Shimla. While I was in Shimla, I participated in numerous plays that went on to become very popular.

Which has been your most memorable stage performance?

I started my acting career with Gaiety Theatre in Shimla. The first play I acted in was called ‘Jeevan Dhara’. The play was received very well and I got a lot of appreciation for my performance in it. Some of the other notable plays I acted in were My Picture, Dr.Fostess, and Baaki Itihaas.

Apart from acting, is there something else you are passionate about?

I love to write poetry in Hindi. I feel being a writer has contributed to my growth as an artist. I want to keep exploring myself as a writer. Someday, I might write a script on my own.

Can you share something written by you?

I will share a few lines from a poem written by me –

“Sunti Nahi Bas Sawaal Karti Hai

Haal Jaan Ke Bhi Bada Behaal Karti hai

Taal Matol Karun Kese!?

 Har Waqt Itna Khyal Karti Hai

Khushi Se Khud Aag Mein Kudoo

Shmaa Ki Mehfil Ese Tiyaar Karti Hai

Dard Kahan Deti Hai Zindagi..!

Ye Garm Raakh Hai Ude To Kamaal Karti Hai”

What are you doing next?

After ‘Undertaker’, I have been getting a lot of offers. One of the projects that I had signed last year got delayed because of the Covid-19 situation. I have signed a very important project but I will let the makers announce it at the right time. I want to be a part of meaningful films that leave a positive impact on the society.

https://www.saajhacinema.com/?wix-vod-video-id=8e91bb65eb324f8582b8dbd63ee79a31&wix-vod-comp-id=comp-kuwotcwy

Mrs Universe South Korea 2022 gets its new winner, Amrita Tripathi, winning Mrs Universe Joy title

Mrs Universe South Korea 2022 gets its new winner, Amrita Tripathi, winning Mrs Universe Joy title

Indian females have been always been making a mark in Worldwide beauty pageants for a long. Beauty pageants not only celebrate women’s empowerment, but they are also a great platform for cross-cultural exchange. Mrs Univrse Joy in one such popular pageant. Mrs Universe Joy was organised in Seoul, South Korea.

Amrita Tripathi has made India proud by winning the coveted title of Mrs Universe Joy. Amrita left an indelible impression during the contest with her natural charm and dignified presence. Talking about her win, Amrita says, “I feel humbled to be bestowed upon with the title of Mrs Universe Joy. The title has certain positive energy associated with it and that makes me even happier. Maa Durga is my inspiration and I constantly had her in my thoughts during the competition. With this title, I also feel I have been given a big responsibility to carry upon my shoulders. I want to work diligently towards ensuring that more and more women get empowered and have the means to fulfil their dreams without any obstruction or fear.”

Amrita is no stranger to beauty pageant competitions. In the year 2021, she won the title of Mrs India. One of her most cherished memories during the South Korea trip is visiting the War Memorial with the other contestants. “At the Memorial, I got teary-eyed to see the Indian flag and all the tributes that had been given to those 670 Indian doctors who were sent to South Korea to treat wounded soldiers during the war that had broken out in the year 1950.”, she says.

In the National Costume Round, Amrita was seen wearing a gorgeous white-coloured dress that symbolized harmony, world peace and women empowerment. Her costume beautifully resembled the structure of a bird. On the wings of this intricately designed costume, one could see the lines “Give me wings, let me fly…..Believe in me, let me touch the sky” written. Amrita’s costume served as an expression of her thoughts and how she wished to use a global platform to spread an important message.

Among other things, Amrita has been lauded for the way she represented India on a global platform. She started her journey in the Mrs Universe Contest by wearing an intricately designed Saree from local weavers in Bhopal Kaarigari and Piharwa. During one of the rounds, she wore a traditional jacket with the image of a peacock on it, this beautiful dress which had a national emblem on it was created by none other than Mrs Sayali by Kaarigari. At every step during the competition, she made a conscious effort to bring the glory of Madhya Pradesh and India to the centre stage.

Elaborating further on her memorable journey during the contest, she says, “I had not imagined my Mrs Universe journey to be so beautiful. I got to learn a lot of things and experienced significant growth in me as a person. A bunch of incredible women, from different parts of the world, had come to South Korea to participate in the pageant. By talking to and spending time with each other, we learnt about the cultures and traditions of our countries. I told everyone how girls and women are treated as Devis or Goddesses in India. I invited each of them to come to India and experience its beauty and divinity. I got a standing ovation during one of the rounds when I shared this. That shall remain my most special memory from the contest.”

In the near future, Amrita plans to carry out initiatives to help several women in the country who have dreams in their eyes but haven’t found the right path to follow. She has been working actively on several social issues and hopes to tour across the country to listen to the issues faced by women on a ground level.

“AMAZE INC OPENS STATE OF THE ART PRODUCT DEVELOPMENT CENTRE IN BENGALURU”

“AMAZE INC OPENS STATE OF THE ART PRODUCT DEVELOPMENT CENTRE IN BENGALURU”

Amaze Inc is the leading product development company in Bengaluru, India specializes in providing the best IT solutions. Amaze serves many fortune 500 companies across the globe with its portfolio of SaaS-based products and solutions. Amaze Inc is committed to bringing the best solution coupled with the latest technology, ease of use, and customizable and analytics-driven platform to the global market. We provide services to business enterprises to create a strong impact in the online market.

Amaze Inc always give emphasis on providing the best employee culture and facilities in order to increase employee satisfaction so they get motivated about their work. Some of the facilities provided by Amaze Inc are as follows:

  • The New 100-seater facility is now functional and operational at the heart of the city, JP Nagar, Bengaluru
  • Dedicated Productive work areas
  • Collaborative environment
  • High-speed Internet facility to keep our employees up to speed with their work and connect with clients and colleagues
  • Meeting or discussion rooms are provided to the employees to come up with new or original ideas and strengthen teamwork
  • Secure facility with 24 hrs power backup
  • Recreational facility for team bonding
  • Lounge and work area for employees to maintain regular energy levels and to take small breaks between tasks
  • To create the right atmosphere, we have added some board games, a music system, and a coffee maker
  • Multi-level parking conserves a lot of space and parks vehicles securely

We have a unique culture of ownership, enthusiasm, and collaboration at Amaze. Creating a better world and impacting the lives of others are our core values. All of our team members are quick to brainstorm ideas and take ownership of tasks to make ideas happen. Our strong culture helps to bring benefits such as enhanced trust, cooperation, and more-efficient decision-making.

“Our ability to build a unified service network and strengthen our service skills in this area will be made possible by the new office. We are pleased to offer our employees a better and new workplace. Our mission is to offer the best IT services for business needs utilizing cutting-edge technology and a qualified and motivated team of staff in order to sustain the organization’s stability and growth to contribute to the IT industry. Our goal is to build long-term relationships with clients by consistently providing results that exceed their expectations.”

–  Kumar Anand, CEO of Amaze Group of Companies

Global Presence: India, USA, UAE, Singapore, Philippines & South Africa

Website: www.amazeincglobal.com

Instagram: https://www.instagram.com/amazeincindia

Linkedin: https://in.linkedin.com/company/amazeinc

How Small Loans Can Help Address Personal Problems

How Small Loans Can Help Address Personal Problems

The past couple of months have been financially difficult for Manish. As the family’s sole earner, he found it challenging to manage these expenses alone. From unpaid utility bills and home repair costs to his mother’s medical bills – the expenses were piling up, leaving him stressed about what he should do next.

That’s when he came across several emails from different lenders offering him a small personal loan. Manish knew a personal loan was a great option for major expenses. Upon going through the lender’s eligibility criteria, he also realised he could easily qualify for a loan. But he wondered if it could help him address his personal financial problems.

Small personal loans offer quick cash assistance without any restrictions to end-use. So whether Manish is looking to pay his mother’s medical expenses or catch up with the unpaid utility bills, he can avail the funds he needs through an instant loan.

Here’s how a small personal loan will help him manage his personal expenses.

  1. No restrictions to end use

A small personal loan will offer him affordable finance that can be used for various purposes. Unlike a home loan or a car loan which is used for a specific purpose, lenders won’t enquire about the purpose when sanctioning a personal loan. Here are the various personal uses for which he can take a small loan to ease his financial burden-

  • Emergency expenses

Since Manish needed funds to cover his personal and household expenses during a cash crunch, a small personal loan could help save the day. He can apply for a short-term loan online and pay his utility bills, finance a medical emergency, home or vehicle repair costs, and more.

  • Debt consolidation

A small loan is ideal for borrowers looking to consolidate their existing debts and simplify the payments. Manish can apply for a small personal loan to combine multiple debts and credit card payments into a single monthly payment. Moreover, small loans come with affordable interest rates, which makes repayment more manageable.

  • Home Remodel

Whether Manish wants to upgrade his kitchen for something more modern or finish necessary home repairs, a small loan will make this personal expense affordable by dividing the payments over a period.

  • Wedding expenses

Weddings can be a costly affair where the expenses can burn a hole through your savings. With a small loan, Manish can easily prepare for this major life event. From venue and decorations to catering and wedding outfits, a personal loan can help him manage all.

  1. Simple application process

In most cases, lenders offer a personal loan through a straightforward application process. Manish can secure a small loan online by visiting the lender’s website. Most lenders only ask for KYC documents (Aadhaar and PAN card) and a few income documents. Once verified, he can receive the funds instantly and handle his personal expenses seamlessly.

  1. Swift processing

With the rise in digital lending, loan approval and disbursal have become faster. Most lending institutions use data analytics and artificial intelligence to ascertain an applicant’s eligibility and creditworthiness and verify the documents before sanctioning the loan. This allows quick loan approval and swift processing. So he doesn’t have to wait longer to get funds for his personal and household needs.

  1. Flexible eligibility criteria

A small loan can be availed without worrying about extensive eligibility criteria. With a steady income source, a high credit score, and stable repayment history, the chances of loan approval are higher. Besides, most small personal loans are unsecured forms of credit, meaning Manish doesn’t have to offer any assets as collateral against the loan. Rest assured, he can address various personal financial requirements conveniently.

  1. Easy repayment

Whenever a financial emergency strikes, a small loan becomes an excellent option as it comes with competitive interest rates and flexible repayment tenure. The interest rate depends on various factors like the applicant’s income, employment, and creditworthiness and is lower than other types of loans in most cases. Additionally, he can choose a convenient repayment tenure of up to 6 years, depending upon his affordability.

This ensures that Manish can pay the EMIs hassle-free without straining his monthly expenses. Therefore, a small loan becomes ideal as it splits his big expenses into smaller EMIs, ensuring easy repayment.

Thus, a small loan will give Manish unparalleled financial convenience like no other. Whatever his personal needs are, he can quickly apply for a small personal loan with his preferred lender.

If you’re also looking for a convenient means to manage your personal expenses, just like Manish, visit Tata Capital’s website. With attractive interest rates, flexible loan tenure, and convenient repayment structure, they offer the most competitive loans in the market. Moreover, their small personal loan comes with zero prepayment charges.

So visit the website today to know more about their loan offerings.