The pandemic has brought to light financial anxieties of individuals which are caused by low levels of financial literacy.
"We ask the applicants about the layoffs, pay cuts and losses in business due to coronavirus related lockdown before accepting their loan applications," an official in the LIC Housing Finance Limited told PTI.
To improve convenience and security of the credit and debit cards, slew measures had been announced by Reserve Bank of India in its 15th January notification.
Home Loan Myths: Before Applying for Housing Loan in India, check out the 5 common myths that you need to know about at Moneycontrol. Click here to read more about it!
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Home Loan Interest Rates: Compare Home Loan Rates From leading Banks In India.
Home Loan Comparison: Different banks offer different housing loan interest rates. Compare latest home loan rates & apply for a best home loan online. Click here & get home loan comparison of some of the top banks in India.
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SBI Chairman Rajnish Kumar said the lender will be seeking clarification from the RBI to see if it can offer teaser loans.
How Credit Card Billing Cycle Works? Get a complete understanding of the billing cycle of your credit card, minimum payments, due date, and late fees, charged by your bank.
Credit Card against Fixed Deposit(FD) offer lower interest rate as compared to other credit cards & are issued for those who have a low credit score. Find out the Banks offering Credit cards against Fixed Deposits.
Credit Card Types - Find out the different types of Credit Card options available in India that has various features & benefits to offer based on your needs. Check out the credit card which provides cash back, reward points, discounts, etc.