Emergencies can strike you anytime, and at that time, even lenders could ask for something in exchange for the loan they give it to you. One such thing is a mutual fund against which you can get a loan to meet your imminent needs. Although many...
Read MoreRegular Funds vs Direct Funds – Which is the best?
Every mutual fund scheme has two options for an investor-regular and direct. There is an expense ratio in every mutual fund scheme-basically the cost of which one pays to the mutual fund company for managing money. The fundamental difference between...
Read MoreTop Mutual Fund Picks and Strategies amid Coronavirus Crisis
The Coronavirus crisis has led to a steep fall in the markets-Sensex & Nifty are down by 30%+, thereby leading to a fall in the portfolio values. Mutual funds have also seen the impact of this fall with erosion in NAVs and negative returns. As...
Read MoreCan you always make money by investing in a falling market?
Falling markets lead to a lot of fear and anxiety among investors. Usually, people take irrational decisions during these times leading to unfavourable outcomes. No one likes to see markets fall or portfolios in red but then that’s the nature of...
Read MoreEducation Loan Interest Rates 2024
SBI Education Loan
Getting admission to the right college or institute not only requires skills but also money. You may not be born in a family where you can go for higher studies without any financial hassle. So to give wings to your educational aspirations, State...
Read MoreAre Personal Loan Interest Rates Fixed or Floating?
Personal loan interest rates are offered on both fixed and floating rate basis. The interest rate will remain the same throughout the tenure on a fixed rate loan. Whereas, the interest rates will vary as per the market movement in a floating rate...
Read MoreBest Way to Use Credit Card Reward Points
Almost all banks provide reward point offers on their credit cards. Every credit card earns you a reward point on making several transactions and they are credited into your reward point account. But are you aware of the various ways through which...
Read MorePradhan Mantri Mudra Yojana PMMY
SBI Pradhan Mantri Mudra Yojana Loan
The country’s largest lender State Bank of India (SBI) intends to empower the growth of businesses by providing them loans to meet their working capital requirements. Of the many loans, it’s the Pradhan Mantri Mudra Yojana that grabs the...
Read MoreWhat Documents are Needed to Apply for a Credit Card?
Credit Cards are the lender of the last resort whenever an individual faces a financial crisis. On the other hand, some individuals use a credit card to enjoy the offers like discounts, cashback, reward points, and many other exclusive deals. But...
Read MoreCan I Prepay My Personal Loan Without Any Extra Charges?
Personal loans are high cost loans courtesy interest rates that can be as high as 25% per annum. The resultant EMIs may come to your budget but interest outgo can still be high enough to bother you. To contain the outflow of interest, you can prepay...
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