PLR articles are not only a good idea, they are a GREAT Idea with a very tiny price tag.

PLRproducts.com works with quality providers to deliver you the best PLR products in many categories and niches. They also create their own products and add hundreds of them monthly. This website is not a membership site, but a digital product store, and here you will have to pay for every download you make.

IDPLR.COM. IDPLR.com is far the best source to find these type of products. The reason why this platform stands out from other PLR sources, is that it offers a single time membership fee. Whereas on other sources you will have to pay for every PLR product you download individually.

You can certainly make money online by creating and selling ebooks. The use of PLR ebooks and resell rights articles can help you create one or more ebooks that would earn you good sales. You can use a series of PLR ebook or articles to write one ebook.

You can take the PLR eBooks you have and put them up for sale to others. You can put them for sale right on your own website. So you can sell unlimited copies, without worrying about stock and get to keep all the profits.

PLR Hustle is a website that sells ebooks with resell rights. The products it sells are not genuinely private label rights content, but the buyer can use it for internal purposes or resell it for profit.

Now, with PLR Hustle, anyone can purchase resale rights to a variety of digital products, thus making passive income a reality. Rather than expending hours and weeks of valuable time, entrepreneurs can private label, edit and rebrand the products they purchase.

A PLR course is a white label product that you can brand and sell as your own without paying any additional fees or royalties. With these private label rights courses, you can license these PLR courses, sell it as your own, and keep 100% of the sales.

Benchmark Prime Lending Rate

MCLR (marginal cost of funds based lending rate) is the lowest interest rate that a bank or lender can offer….Current MCLR Rates 04 Jun 2021.

Benchmark Prime Lending Rate (Historical Data)

The loan disbursed at 8.50 per cent – PLR=10.00 + 1.50 per cent spread. After 1 year new rates are 7.50 per cent where PLR is reduced to 9.75 per cent . It means new loans are available at 7.50 per cent = PLR 9.75 + 2.25 per cent spread.

Current PLR rate of LIC Housing Finance is 14.70%. LIC Housing Finance fixes the PLR periodically based on its internal cost of funds and the external benchmark rates.

PLR stands for Prime Lending Rate. It is the internal benchmark rate used for setting up the interest rate on floating rate loans sanctioned by Non Banking Financial Companies (NBFC) and Housing Finance Companies (HFC). PLR rate is calculated based on average cost of funds.

If your home loan is linked to MCLR and the interest rate is high, you may consider switching especially if the remaining tenure is a few years away. However, remember, that the change in RLLR is much quicker than MCLR, hence if the repo rate goes up, so will be the home loan rate much faster than in MCLR linked loans.

In the case of repo-linked loans, the transmission of RBI’s repo rate change will be faster but it is not necessary that repo-linked loans will be cheaper than MCLR-linked loans all the time. Worth mentioning here is that repo rate is near its 15-year low now. So repo-linked loans may look cheaper.

In the MCLR regime, banks usually link their home loans to their six-months or one-year MCLR rates; therefore, their loan interest rates are readjusted in the frequency of a six-month to one-year period. On the other hand, banks have to reset their loan rates at least once in a three-month period under the EBLR system.

Is MCLR advantageous? For new loan borrowers MCLR is advantageous as the rate of interest will be lesser than base rates. With changes in interest cycles which will happen at different MCLRs namely overnight, 1-month, 3-month, 6-month, 1-year or more (in case of longer tenors) could further reduce the interest rates.

MCLR (Marginal Cost of Funds Based Landing Rate) refers to the minimum interest rate below which financial institutions can’t lend, except in certain cases. For example, if the base rate of lending was 7%, certain financial institutions used to lend their prime customers at 7% or below.

Home loan base rate is based on average cost of funds. Whereas, home loan MCLR rate is based on incremental/marginal cost of funds. Base rate is calculated by considering minimum rate of return or profit margin. MCLR rate is calculated by considering tenor premium.