Customer comes to the fore front of all banks today. With more and more services introduced to enhance customer experience in everyday banking and with frequent technological upgrades, the running costs of banks are hiking at a rocket pace. And it is quite natural for banks to pass a share of these to their customer… Read More »
Investing in fixed deposits has been long considered to be a safe investment avenue. Many risk averse individuals and seniors are opting for investing their hard earned money in fixed deposits to make decent returns from their investment without worrying about the uncertainty of the equity markets. The returns on fixed deposits however depend on… Read More »
Mohan recently started working with a multinational FMCG company after completing his management degree. Always striving to be independent and a self sustained individual, Mohan wanted to start investing for his future needs without relying too much on his family. Mohan wanted to invest some part of his earnings for his weddings related expenses as… Read More »
Buying a car is always a reason to cheer. The cheer is a tad louder when it is the first car. Apart from the thrill of being able to finally own and drive a car, the buyer has a lot of questions rushing through his or her head. While everyone has their own unique reasons… Read More »
Our aspirations are different at different stages of life. However, saving for the sunset years of one’s life should be a top priority for everyone. During different stages of our life we have different financial status, responsibilities, challenges as well as goals. Our approach for retirement saving at various stages of our life will be… Read More »
Applying for a home loan may seem to be a good idea if you are looking forward to buy the home of your dreams. You have all the qualities that make you a favourable home loan applicant such as good credit history and strong professional background, still to your utter surprise, your application gets rejected. Don’t… Read More »
EMI Calculation You need to know the loan amount, processing fee and the interest rate of your car loan, home loan or personal loan. If you plan to prepay your loan, then figure out the exact or approximate amount you intend to prepay and the periodicity of such payments depending on your loan agreement. Use… Read More »
Second mortgage loans or second mortgage financing, as the name suggests, means providing a loan against the security of a property which has already been mortgaged elsewhere. This means that the same property is being used for a second time to secure a new loan. For example, Mr. X wishes to purchase a property for… Read More »
The use of plastic money and the increasing popularity of such formats have revolutionized the way payments are made and received. The most popular types of plastic money are debit cards and credit cards. Credit cum debit card is a single card which has the features of both a credit card as well as a… Read More »
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 »