In April 2016 the Reserve Bank of India introduced the Marginal Cost of Funds based Lending Rate (MCLR) calculation for setting the interest rate on loans. Here’s a quick read to refresh your understanding of it.
If you’re looking to ensure your financial health in the long run, then here are 3 loans that you should be looking to close out as quickly as possible.
A Home Loan is often given against the security of the property being bought. Did you know that a property once mortgaged can be mortgaged again? Here’s all you need to know about a second mortgage loan.