One of the best tools to create wealth for the future is a mutual fund that can generate returns in line with the inflation existing in the market. Plus, the investments made in mutual funds are diversified across a set of different financial...
Read MoreHow Will the Hike in Tax Breaks on Affordable Housing Loans Benefit You?
The Finance Minister Nirmala Sitharaman has finally presented the Union Budget 2019 on the floor of the Lok Sabha. She announced a slew of tax reliefs across several sectors of the economy, including affordable housing. While delivering her maiden...
Read MoreHome Loan Agreement Clauses You Must Know
Before taking a home loan, you shall read the loan agreement carefully to steer clear of the uncertainties that may prevail otherwise. If you find anything hard to understand in the clause, you can ask the lender to make it clear to you. You should...
Read MoreCCI Approves Merger of Indiabulls Housing Finance and Lakshmi Vilas Bank
The Competition Commission of India (CCI) has approved the merger of Indiabulls Housing Finance- Lakshmi Vilas Bank, said the housing finance major. In April 2019, Lakshmi Vilas Bank announced that it was going to merge with Indiabulls Housing...
Read MoreCredit Card Balance Overdue Hazards & Remedies Explained
Ravi Bhasin, a 25-year old IT professional working in a Mumbai-based MNC, was in no short of delight as the bank nods his credit card application some two years ago. Ravi got the approval to a card which he wished for and so, the happiness resulting...
Read MoreIndusInd Bank to Merge with BFIL on July 4
IndusInd Bank has announced that it is planning to merge with Bharat Financial Inclusion on July 4, 2019. The CEO of Bharat Financial Inclusion Ltd (BFIL) will become the CEO of IndusInd Financial Inclusion Ltd (IFIL). Boards of both the companies...
Read MoreCredit Card Late Payment Fees
Like any other financial service a bank offers, a credit card can be good or bad for you. It depends on how you use it. While using a card is as easy as tap and pay, it might be a challenge to manage bills. To avoid late credit card payment fees on...
Read MoreCredit Card Debt Mounting? Here’s How to Get Rid of Them Easily
Mr. Shyam Sunder has an outstanding credit card debt of ₹40,000, revolving at the rate of 3.50% per month. In the last 45 days, he made a purchase worth ₹25,000 on the card. Now, Shyam is left confused whether he would be able to come out of the...
Read MoreReasons for Home Loan Rejection and How to Avoid it
Rejections are always painful especially when it's unexpected. Buying a new house is already a tedious task and when you have to do it via a home loan, you want things to be in sync with your requirement. The process of getting a home loan approval...
Read MoreHow Can You Save Taxes on Joint Home Loans?
Buying a house and repaying the loan together is what we call true partnership. In today’s time when women and men are working professionals, people have found confidence in themselves that they can take a home loan together and share the...
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