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Often referred to as the “City of Lakes”, Udaipur is one of the major cities in the State of Rajasthan. The city is set in the backdrop of the picturesque Aravalli Ranges separating it from the Thar Desert. Udaipur is one of the most sought-after tourist destinations in India for its rich heritage of palaces, monuments, gardens, and festivals. Besides tourism, the city’s economy is also driven by chemical and electronic manufacturing industries as well as handicrafts. Apart from the robust economy drivers, the city is also known for its educational institutes like the Indian Institute of Management (IIM) Udaipur. The city is spread over an area of 200 sq.km with a population of more than 4.5 lakh as per the 2011 census. Udaipur is included in the Prime Minister Narendra Modi’s ‘Smart City’ mission to be developed as a smart city to improve its urban infrastructure and opportunities for industrial growth. The city is well connected through road, rail and air to major cities of...

It is inevitable that you will take some or the other loan at any given point of time in your life to meet a certain financial need. This may be a asset-based loans such as a home loans or other types of loans such as a personal loan or an educational loan. However, any loan that you take will have an impact on your credit score. So, before making a decision, first sit down and take a look at the common loan mistakes that you should avoid at any cost in your life. Not comparing interest rates: Different banks have different lending rates, and before you go ahead and apply or a loan, it is a must to sit down and compare interest rates. It is very wise to do a through comparison before you choose a lender. This applies to all categories of loans that are offered. Go for an interest rate that is comparatively lower and also go for fixed interest rate rather than floating interest rate. Also choose a tenure carefully because the longer the tenure of the loan, the more t...