After the Marginal Cost-Based Lending Rate (MCLR) was introduced, transmission of rate cuts by banks seems to have picked up. Axis Bank became the first to cut lending rates. Others are likely to follow and lower loan rates might soon be within the reach of many.
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The “Stand Up India” initiative takes forward the Modi government’s plans to rev up digitalization and promote welfare of women and marginalized communities. The incentive behind the plan is to unlock more jobs for people and nurture a culture of entrepreneurship.
The RBI has introduced MCLR linked loans instead of Base Rate linked loans for all banks – a move that bodes well for borrowers. Here are some useful tips from Ram Sundar, Senior Manager, BankBazaar, on how MCLR will help you with your loan.
It’s the day for pranks, tricks and quips. While you engage in tomfoolery with your friends, colleagues, and family, we are here to offer you foolproof deals on a host of Credit Cards and Loans. Check out our deals page and you might just find an offer to keep that smile going.
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This is the final call – make the most of it!
Becoming an adult comes with added responsibilities. And with great responsibility comes great power, like a license to drive on public roads. Assuming of course, that you’ve passed your driving test and have a valid driver’s license. If you don’t have a driver’s license but have plans to grab that piece of plastic symbolizing ‘freedom’ and ‘independence’, here are few things that you should know.
A Mortgage Loan is money advance given by a bank against your property. The property could be your house, a piece of land or any other form of personal or commercial real estate in your name. This makes it a secured loan, which means the lender can forfeit your property if you fail to repay the loan.
Applying for a Home Loan to buy a house is quite common. Home Loan EMIs , of course, need to be paid every month and on time till the loan is repaid. But what happens if you are unable to repay your Home Loan? What can you do if you are stuck in such a situation?
Gone are the days when you had to carry cash for all your transactions. Digital money seems to be the new order of the day and has replaced cash payments in a lot of cases. What exactly is digital cash? What are the different forms of digital cash? Let’s learn all about it right here!