BUSINESS
Personal loan or gold loan: Which is the winner if you need money urgently?
Personal loan interest rates usually start at 10.5 percent per annum, depending on the applicant’s credit profile. Gold loan interest rates usually tend to be lower than personal loans for those with poor credit profiles. But a gold loan requires collateral.
BUSINESS
Going for foreign studies this year? Use your education loan wisely
It is important to analyse the loan features as well as one’s repayment capacity.
BUSINESS
Invested in too many mutual funds? Here’s help in cleaning up your portfolio
While restructuring your mutual fund portfolio, avoid over-diversification.
BUSINESS
Want to invest in a debt fund? Here are some key criteria for choosing one
The first step towards choosing an optimum debt fund is figuring out your risk appetite and time horizon of financial goals
