When you apply for a home loan after you are 45, you will not enjoy the maximum tenure benefit as in the case of other borrowers. Assume you decide to apply for the loan when you are 45, and your retirement age is 60 years, then the maximum tenure the bank may be willing to… Read More »
Online shopping has become extremely popular in recent times. More and more people are resorting to this mode of shopping owing to the convenience and speed it offers. Retailers have understood this trend and many offline stores have also started online portals, offering their products through the web. In this scenario, it is not surprising… Read More »
As property values are sky rocketing in the metros and other Tier 2 cities of the country, taking a home loan has become a Hobson’s choice for most buyers. Banks advance 80%-85% of the property value in the form of a home loan, depending on the borrower’s individual borrowing eligibility. As in the case of… 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 »
Personal loan allows you to borrow money for almost all your requirements. You can use the funds for a dream vacation, home renovation, medical treatment, or a wedding in your family. Since a personal loan is given for any lawful purpose, it gives you a helping hand for meeting all your personal desires. Before you… Read More »
Credit Card is gradually becoming a necessity. With many valuable features, this 86×54 mm card is nevertheless a magic box. Instead of carrying cash in your wallet, a credit card is easier to manage and convenient to handle. With the changing times, many people have already transformed themselves to the credit card regime, some are… Read More »
Supriya was looking for a new mobile phone and checked various stores in her city. She found that the phone she was looking for was available at a bargain price on online shopping websites compared to physical retail outlets. Never having indulged in any online shopping activity in the past, Supriya was not sure whether shopping… Read More »
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 »
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 »