When you struggle to repay your education loan!
An education loan is structured very differently compared to other loans from banks. As it is a loan which is used to fund education, the repayment of the principal of this loan begins after the student completes his education. This is unlike other loans, where both the principal and the interest amounts are repaid from… Read More »
BankBazaar Sweepstakes Contest!
Enter to Win a Rs. 2000 Gift Card from BankBazaar! WHEN? The BankBazaar Sweepstakes contest runs between August 14th to August 21st, 2014 HOW TO ENTER? 1. Like our FB page https://www.facebook.com/bankbazaar 2. Submit your Name, Age and Full Address in an email to contests@bankbazaar.com PRIZE: 7 lucky new fans will win the sweepstakes and… Read More »
Increase value for money in your savings bank account!
How many of you use a savings bank account for just its basic functions? How many of you just log in to complete a money transaction in a hurry and forget all about the small snippets of communication that the bank hopes catches your attention? After you read this article, perhaps you will spend more… Read More »
Comparing personal loan & credit card!
When in need of urgent cash many people resort to taking cash advance from their credit cards. It is interesting to note that unless the outstanding amount is settled in time the credit cards charge up to 45% interest on annual basis on the unpaid amount till such time the dues are cleared. This… Read More »
Facts to know before you lock your life insurance cover!
A Life Insurance policy ensures that your family is financially secure in your absence. It protects your family from financial distress or loss of income even if tomorrow you are no longer around to care for them. How much life cover should I take? The answer for this question lies in more questions- In my… Read More »
When is the best time to take a life insurance policy?
Most youngsters ignore life insurance mainly because of they feel, it’s not required for them. They take life insurance simply for the sake of tax deductions, and often feel neglect its benefits thinking it’s not for them. It’s quite natural for them to feel so, especially if they are away from familial responsibilities. But remember,… Read More »
How to close a credit card!
Satish Kumar, an animation professional from Mumbai has multiple credit cards that he hardly uses. Chased by credit card sales agents with lucrative offers such as no annual fee Satish ended up owning more than four credit cards, but he uses only one out of them. To his utter surprise Satish got a bill from… Read More »
Is it Maharashtra or New Delhi next? – a glimpse of the e-loan market!
Gold – Pros and Cons!
There is a famous saying “A friend in need is friend indeed”. If we talk in financial terms this statement can be rephrased as “A financial asset in need is a financial asset indeed”. Normally every individual investor builds a portfolio using a lot of financial assets but is he aware which option in the… Read More »