As the home loan is a long-term commitment that can stretch up to 30 years, lenders not only check your earnings but also keep an eye on your employment status. So, banks or housing finance companies (HFCs) would ideally lend to permanent employees...
Read MoreThe Pitfalls of Buying a Costly Cellphone on EMI
Mobile phones with high-performance features are increasingly becoming a rage amongst youngsters. The rapid technological innovations make the existing phones obsolete and urge them to buy a new one with advanced features. But the new phones come...
Read MoreRBI Scraps Charges on NEFT, RTGS Fund Transfers
In a move aimed to boost digital transactions in India, the Reserve Bank of India has announced to scrap charges on fund transfers made through National Electronic Fund Transfer (NEFT) and Real-time Gross Settlement (RTGS) tools. These tools are...
Read MoreHow to Reduce Your Personal Loan Burden Without Affecting Your Wallet?
It won’t be wrong to say that many take personal loans to unleash the happy moments of marriage and travel or to tide over the uncertainties of medical emergency and other contingencies. That sums up the utility of a personal loan in one’s life....
Read MoreSBI Multi-option Deposit Scheme Strikes Right Chord with Partial Withdrawal Facility
State Bank of India (SBI), the largest lender in India in terms of asset volume and customer count, keeps offering innovative products, such as Multi-option Deposit Scheme (MODS), to stay in line with the changing consumer behavior. MODS is actually...
Read MoreTips to Get a Personal Loan When You don’t have Credit History
A personal loan is an unsecured loan that you can avail for education, marriage, medical emergency and several other personal needs. But, as it is an unsecured loan, lenders would like to be absolutely convinced of your ability to pay on time. If...
Read MoreHow to Avail a Personal Loan with Low Salary?
Want a personal loan but earn a modest salary? Don't worry there are lenders that offer personal loans to individuals with less income. You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of...
Read MoreHow to Avoid Home Loan Flat Interest Rate Trap?
Owning a home has become easier these days with so many banks and housing finance companies (HFCs) offering loans to buy you a home. Lesser processing fee, impressive loan amount and flexible repayment options are the hallmark of home loan these...
Read MoreCompany FDs vs Liquid Funds – Which Should You Opt for?
As per the latest reports, Dewan Housing Finance Limited (DHFL) has stopped accepting fresh inflows in fixed deposits from the public. Not only that, the housing finance major has also disallowed renewals and put premature withdrawal from FDs on...
Read MoreInvestographic #1 – Investing for Family – When and Where to Invest?
When you are set on a path to create a fruitful investment portfolio, there are a lot of things you must consider. Things like needs, goals and emergencies can suddenly start mattering much to you when you think about the requirements of your family...
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