Home loans are the most easily accessible financial supplement to purchase your dream home. To understand how to enhance your eligibility to apply for a home loan, make a simple self-assessment. Here is how banks do it.
With SBI doing away with teaser loan and RBI increasing policy rates, home loan has become once again more expensive for Indian borrowers. The home loan rates since then have been raised to at least 9.5% offered by SBI and few NBFCs such as Indiabulls finance. Other banks and NBFCs may charge even higher. We… Read More »
More often than not many of us consider a personal loan as the best option to meet contingencies. Opting for a personal loan without studying its terms and conditions and services could cost you more than what you intended!
Due to the rising interest rate scenario, product innovations abound in the market, however borrowers should take care to weigh the pros and cons of the scheme.
Festival season discounts comes in two ways; one, the cash discount where the retailer cuts the price by a significant amount and sells cheaper; two, the retailer provides a loan to buy goods at an easy EMI.
In the thick of the festive season, many builders are providing discounts on homes. This is mostly for the benefit of the several fence-sitters who wish to wait and watch.
When you compare cars, check the mileage that they are offering, accessories and features offered, the insurance cost of the car, the maintenance cost of the car and the warranty offered with the car. If you are not picky about the color of the car, a color which is not that fast moving may come… Read More »
Our society is changing. Nuclear families are the norm. Inflation is high and hence money needed to fund the retirement is increasing. Additionally due to longevity of life, the requirement for retirement fund will further increase. This is where the right retirement planning helps individuals spend their time in old age with dignity.
Once you have identified the fund boxes — Spending forecast, contingency fund for job loss and medical expenses, be dedicated and generate your money flow into these funds consistently. This could be once a quarter but it would be more manageable if it’s once a month.
A home loan transfer (also known as refinancing or balance transfer) is an option that most individuals opt for to avail the benefit from lower interest rates prevalent in the market.