The Benefits Of A Home Loan Balance Transfer

A home loan balance transfer is a mere financial service to avail certain advantages that you previously didn’t. Any smart borrower should be able to determine if the transfer is worth the expenditure. Otherwise, it may turn out to be a very expensive choice. This is a primary reason why financial experts do not suggest opting for a home loan balance transfer in the last 2 to 5 years of the housing loan tenure. Hence, every borrower must identify the vantage point for his or her Home Loan before considering a transfer.

Lower interest rates

When you opt for a housing loan with certain interest rates, you may gain an advantage by shifting to another housing finance company, which offers much lower interest rates. For most borrowers, who have made well-disciplined repayments, it can be a huge save. This kind of ideal home loan transfer is a profitable choice based on the home loan offer received. So, make your own calculation before making the decision, though.

No prepayment charges

A lot of borrowers do not want to pay the applicable prepayment charges for Home Loans with fixed interest rates. If the new housing finance company allows you to repay your loan in a lesser home loan tenure, you can save a substantial amount of interest. That can make it a smart move, based on the other costs incurred in the home loan transfer, though. So, you must calculate the savings against the expenses incurred before signing on the dotted line again. Most borrowers forget that this is the same home loan process – you will need to meet the home loan eligibility criteria, you must submit the documents required for home loan and you will need to pay the processing charges, service taxes etc. Hence, you must include all these expenses in your calculations.

Loan restructuring options

Some of the housing finance companies in India deny two types of home loan restructuring that you may need as a borrower; extra money for home renovation, and extending the home loan tenure as the current floating or fixed interest rates may be too high for easy repayments. Sometimes, housing finance companies fail to take this into account and make the necessary changes. It is perfectly alright to seek an alternate lender. Even if your current lender fails to offer the restructuring, you still will need to get a NOC (No objection certificate) from them, because no housing finance company will complete the home loan process otherwise. It is a much needed move; though, you must make it cautiously.

4 key-points for WhatsApp blasting softwares, you need to know while using

Everything changes, in the area of digital marketing, when you pitch leads by directly messaging them on their personal phone numbers.

Bulk messaging is surely one of the most lucrative and sped-up digital marketing options. Every business should be utilizing this important technique, to increase sales and brand popularity.

And, what is the best platform to practice bulk messaging on? Definitely, WhatsApp – the leading cell-phone messaging service in the whole world!

There are several WhatsApp blasting software names, which are currently roaming around in the market. But, should you be using them? Or should you be happy and content with creating multiple “Broadcast lists”, on WhatsApp, for sending bulk messages?

There are a few points you must know if you choose to use these text blasting softwares.

They’re all made by third-party developers, who are not working closely with WhatsApp. They are not pre-informed about any changes in WhatsApp messaging rules.
None of them holds any responsibility for violating policies.

Let’s get the 4 key-points straightened out,

before you take a glance at all those WhatsApp blasting softwares names.

Never message to non-WhatsApp numbers:
This is the biggest mistake you can make. First of all your brand reputation can be ditched, and then you will be losing leads.

If you message a non-WhatsApp number, the messages will be delivered to their cell-phone inbox, reading ‘this certain business, or person has invited you to WhatsApp’! This is seriously the last message anyone wants to receive!

Now, these WhatsApp blasting softwares don’t know ethics or keep these trivial matters in their logical thought processes! They just send messages! That’s what they are supposed to do.

Only the most advanced blasting software will help you filter out invalid WhatsApp numbers, before initiating a bulk messaging session.

Hence, be cautious!

Break the patterns of bulk messaging sessions:
WhatsApp algorithm is very intelligent. It usually considers any third party program or bot as a threat.

When you start to send bulk messages, you have to program and schedule it in the blasting software settings.

Your messages will be scheduled and sent accordingly. If WhatsApp notices, that the pattern is consistent, and programmed, you will be banned on WhatsApp permanently.

Therefore, check whether or not, the blasting software is giving you the freedom to schedule messages as per your preferences.

Only make a subscription to a software, after confirming this criterion!

And, once you are using it, make sure to change the schedules from time to time. This is highly mandatory.

Always use the updated version of WhatsApp marketing blasters:
WhatsApp regularly makes changes to its existing messaging terms and rules.

So all these softwares you are using, need to be aware of these changes. Because if anything happens, you will be held responsible by WhatsApp.

And, your brand reputation can be doomed.

Hence, in the swarm of all these flashy WhatsApp blasting software names, choose the one that offers regular updates based on any policy changes of WhatsApp.

Plus, any software should by giving updates anyway, because Operating System compatibility is a big issue for any application. Buy those that are supported on multiple OS versions.

Study the reports very well:
The last point is very critical.

Your bulk messaging software should be generating reports for every single messaging session.

And, these reports do work as case studies. You need to come up with the time and labour to check out which numbers are turning into leads, or are showing interest in your promotions.

How many have unsubscribed from the automatic messaging list, and how many have blocked you! All these insights are very important to look at.

Your marketing team needs to eradicate the pitches that are showing no returns; and pitch again to those leads, who have sparked a sign of interest.

To finish it off, I would like to say, that you need to be very careful while using these text blasting softwares for promoting your services and products, on WhatsApp.

One mistake, will make you suffer a big time!

Make the Right Choice – Select the Best ERP Software

Though there are a number of organizations offering ERP Solutions for Logistics ERP Software, Manufacturing ERP Software, Oil and Gas ERP, Asset Integrity Management, Risk Based Inspection Software, Anomaly Management Software, it is simply not easy to choose an ERP solution that suits the specific requirements of your business. Various ERP software are equipped with diverse features, configurations which renders it quite intricate to opt for a solution that best matches the needs of your business.

As mentioned, the number of organizations offering ERP solutions is several however, the fact of the matter is that none of these organizations have a clear understanding of your business. In fact, only the organization seeking ERP solution will have an in-depth knowledge about their business and they are in a better position to select the right ERP software that suits their business needs. Another challenge when it comes to selecting the right ERP software is the fact that the ERP landscape is continuously changing. There are new features that are added to existing ERP solutions and organizations offering ERP solutions are also changing their approach when it comes to developing appropriate ERP Software.

In such a situation, it is imperative that the organization seeking ERP solution has a clear cut idea about what they are looking for and how a specific ERP solution can prove to be apt for their organization. The organization needs to identify areas within their operations that they believe needs to be optimized to enhance the business process or improve outcomes. The organization also needs to weigh the pros and cons as to how implementing ERP solution can help the organization in optimizing their processes. Similarly, the requirements of different organizations within each industry would drastically vary. For example, in the logistics industry, a particular ERP solution that works for one organization may not necessarily work for another organization from the same industry. A ‘one size fits all’ approach may not work. Rather organizations need to be clear about the specific issues they intend to resolve by implementing ERP software within their business process and outlining the expected outcomes.

Organizations also need to understand the capacity of the intended ERP software to be easily integrated within their existing processes or understand whether the ERP solution can be aligned to the purpose with which it is being acquired for example, return on investment, process optimization etc.

Cost is another factor that organizations need to take into consideration while opting for ERP software as it can be expensive. But, cost cannot be considered as a distinct factor on the basis of which organizations select ERP software. The common belief that higher cost means higher quality and low cost means low quality may not be necessarily true. There are ERP software that are expensive but have high functionality and ERP software that are comparatively cheaper but offers the same level of functionality. Therefore, the choice of ERP software should not be on the cost of the product but rather it should be on the offered functionality and how it matches with the business requirements.

Another factor that needs to be kept in mind is to assess the viability of the vendor providing the ERP software. The organization should ensure whether the role of the vendor will be restricted only till the sale process or whether extended support and maintenance services are provided.

Selecting the best ERP software can be a challenging proposition considering the fact that the market is inundated with several ERP software service providers. In view of this, it is essential that the organization keeps the above said factors in mind while selecting ERP software. To reiterate, these factors would pertain to understanding the business requirements, weighing the pros and cons, integration and alignment with existing processes, cost and viability of vendors. These factors can be crucial in enabling organizations to choose the right ERP software solution that best matches their business requirements.

In view of the above factors, the process of selecting the right ERP software is rendered easy when it comes to ERP solutions offered by Agaram InfoTech. Clients are presented with multiple options for selecting the right ERP software from the array of solutions that Agaram has to offer. To facilitate ease of selection, Agaram has conceptualized a distinct model where 30% of customization is incorporated within the cost of the product. In addition, the process of customization and implementation does not take much time and the turnaround time would at the most stretch up to 3 to 4 months as compared to several other organizations where the turnaround time for customization and implementation often stretches from 1 to 2 years.

The quick turnaround time for customization and implementation at Agaram is driven by our team of experts who facilitate the implementation at the client’s end and extend their assistance till the process is actually complete. Moreover, as a pioneering organization that provides exceptional ERP solutions, Agaram simplifies the process by replacing conventional methods thereby offering results that are accurate.

Agaram InfoTech is an organization that offers impeccable ERP Software Solutions that not only match the business requirements but it can be easily integrated with existing processes. Needless to say, we offer competitive prices and establish a long term association with our clients. In addition, we also offer customized ERP software solutions that can be tailored to suit the needs of the client. Agaram ERP offers a comprehensive solution that is best amongst equals and can prove to be the logical choice for you.