Govt announces compound interest waiver on moratorium loans — here's is how it will affect borrowers
Although the government has finally announced its scheme on waiving interest on interest on moratorium loans, the relief to small borrowers is minimal. You will still need to pay your principal and original interest.
NEFT, RTGS & IMPS: Which mode should you choose for transferring money?
Based on the value of the transaction, the speed of transfer and other factors, you should decide the mode of transfer
Use a Will to gift your property, or you may end up being homeless
To save stamp duty and time, some transfer properties through gift deeds. But parents must ensure that gift deeds are water-tight
How Google Pay allows you to make purchases without your credit card
Google Pay allows you to make payments through secure digital tokens
We advise against loan restructuring if customers can afford to pay: Federal Bank
Loan restructuring could impact their interest costs and credit score
Mis-selling: Is your bank asking you to pledge gold to save on locker rent?
Customers fall into this debt trap by giving up the locker facility and taking a credit line from the bank
The pros and cons of paying credit card bills through third-party mobile apps
Stay alert to breach of financial data and when you redeem cashback offers while shopping from partnering merchants
All about the loan restructuring schemes of SBI and HDFC Bank
You will have to bear an increased debt burden for up to two years if you opt for restructuring
Gold loans: How to choose between the regular EMI option and overdraft facility
Taking an overdraft facility means that you do not get a lump-sum amount at the start
Took a gold loan? Here are 5 ways to repay
Making principal repayments during the loan tenure would reduce interest costs
SBI Card dues restructuring plan: Should you apply for it?
The plan involves converting the existing credit card dues into a term loan
All about doorstep services offered by public sector banks
You can register for doorstep banking service through your bank’s mobile application, website or call centre
Customers are investing more in FDs despite lower interest rates: DCB Bank
Retail investors now have fewer avenues to spend, due to the lockdown. So, there has been an increase in savings
What you need to know about taking a gold loan
How is the value of ornaments calculated, which lenders are the best and all the important questions answered about taking a gold loan
7 tasks to complete for settling money matters after the demise of a loved one
Financial advisors recommend that you share a copy of your Will with your heirs in your lifetime
Why EMIs on your repo-linked loans aren’t falling despite rate cuts
Bad credit scores attract higher interest rates
All about bank charges on UPI transactions
Banks now appear to be cashing in on the digital payments wave
How to get your credit report in a language of your choice
Language has often been a barrier for many loan customers
Should you apply for a credit card against your fixed deposit?
Each bank specifies its own minimum amount for providing credit cards against fixed deposits
Should you invest in Bajaj Finance’s Systematic Deposit Plan?
The interest rate in this scheme is higher compared to that on bank fixed deposits
Loan moratoriums and saved EMIs: What did borrowers do with the surplus?
From building an emergency corpus to investing the surplus for later lump-sum repayment, borrowers have taken different courses
All about cardless withdrawal of cash from ATMs
For starters, you will need to download your bank’s mobile application
Millennials love investing via apps, but are they aware of the pitfalls?
You must not invest in schemes just based on their past performance
Transacting at a non-home bank branch? Be aware of the limits and charges
With the advent of the core banking system and technology, banks have enabled almost all transactions for customers across home and non-home branches
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