August 14, 2018 01:37 PM IST
If you are receiving funds in dollar terms, you are getting more bang for your rupee
August 14, 2018 09:40 AM IST
When we make reference to interest rates on personal loans, it is important to note that the credit score and your repayment history significantly influence the cost of borrowing.
August 10, 2018 08:13 AM IST
At cabinet meeting, approval has been given to waiving existing crop loans up to Rs 1 lakh borrowed from the cooperative sector,Kumaraswamy said.
August 09, 2018 08:18 AM IST
Here are a few mistakes millennials are likely to commit while availing loans and how to avoid them
August 06, 2018 11:10 AM IST
In most cases, first-time borrowers, especially young, salaried individuals, don’t have any substantial assets at their disposal.
August 03, 2018 08:58 PM IST
Home loans constitute 60% of the company's portfolio, with the rest almost equally divided between lease rental discounting and corporate or developer loans
August 03, 2018 12:17 PM IST
The assessment year 2018-19 onwards, revised ITR can be filed at any time during the assessment year or before the assessment made whichever is earlier.
August 03, 2018 07:29 AM IST
Defaulting on payments, applying for credit to multiple lenders within a short span of time, spending more than 50%-60% of your credit limit regularly, brings your credit score down.
August 01, 2018 06:10 PM IST
Investors looking for risk-free, guaranteed returns may continue to invest in PPF, NSC, Sukanya Samriddhi, Post Office Savings, etc.
July 31, 2018 09:19 AM IST
Some banks and lenders allow you to pledge your mutual fund units to get a bank overdraft instantly
July 20, 2018 12:18 PM IST
Top-up home loans clearly outscore other loan options because they come with lower rates of interest rate, higher tenures, and tax benefits
July 19, 2018 12:41 PM IST
You can ascertain the quality of public infrastructure during the monsoon, especially if you are thinking of buying a flat on the ground floor or in a low lying area
July 13, 2018 12:36 PM IST
It doesn’t make sense to borrow money at 14 percent interest and expect returns higher than borrowed money in a short span of time
July 12, 2018 07:26 PM IST
Interest rates on personal loans are usually higher as compared to other loans as they are unsecured and the financial institution faces a greater risk while disbursing these loans
July 06, 2018 12:06 PM IST
The average amount disbursed to an applicant climbed to Rs 9.6 lakh this year from Rs 6.8 lakh last year.
July 03, 2018 12:39 PM IST
If money parked in the account is in excess of the EMI amount, it is treated as pre-payment towards the loan. This effectively brings down the liability, and interest is charged only on the balance.
June 29, 2018 10:02 AM IST
PSBs’ average credit growth in the year through March 2018 was 4.7 percent, compared to 20.9 percent for private banks
June 28, 2018 11:48 AM IST
Personal loan, home loan, or car loan and credit card debts must be kept to a minimum by middle age group
June 26, 2018 01:45 PM IST
The decision to choose between education loans from banks, NBFCs and P2P lenders should be based on the interest rate, other fee and charges, loan tenure, re-payment flexibility, collaterals, etc
June 25, 2018 09:15 AM IST
It is important to maintain the right balance between debt and investment. Read on to know about a few factors that can help you decide between them.
June 19, 2018 07:30 PM IST
There is a condition however that the overall cost of the dwelling unit in the metropolitan centre (with population of ten lakh and above) and at other centres should not exceed Rs 45 lakh and Rs 30 lakh, respectively, for being classified as priority sector.
June 19, 2018 09:23 AM IST
Existing home loan borrowers who are servicing loans from NBFCs and HFCs may consider opting for MCLR-based rate system by shifting to a bank offering better rates & terms
June 18, 2018 11:14 AM IST
If you default paying the credit card bill, it will show that you do not have money to even service your short-term liabilities
June 14, 2018 08:16 AM IST
Instant loans are personal loans that are delivered almost instantly or within the span of one working day
June 13, 2018 10:45 PM IST
The ICRA report stated that growing affordability and government initiatives like PM's Awas Yojana are expected to result in a rise in primary home purchases.
