Closing a Home Loan is one of the biggest highs for a Home Loan borrower. After all, there will be no more monthly EMIs and no more worries about the increasing interest rates. While the euphoric high of paying off your last EMI towards your Home Loan is understandable, you must be vigilant when closing your loan either at the end of the tenure or prematurely.
Financial crunches are like gatecrashers at a party. More often than not, most of us are not prepared to deal with the urgent need of liquid money. While selling of assets at lower prices or applying for a Personal Loan with high interest rates are the methods we generally resort to, we tend to overlook loan against Fixed Deposits that can be very useful during liquidity crunches.
Credit Card fraud is a menace which keeps banks and Credit Card issuing companies on their toes. Each day, companies and banks work to make Credit Card transactions safe and secure, but a trail of scammers and hackers are always ready to pounce on any loophole. Here are some tips that will help you know if your card details are safe.
Were you thinking of withdrawing your Employee Provident Fund? There’s good news for you. The Employee Provident Fund Organization has recently announced a simplified process for the withdrawal of EPF. Now you need not worry about getting the forms attested by your employer. The new process is simpler, faster and more secure. Read on to learn all about it. We’ll take you through the process, one step at a time.
Saving habits go a long way in an individual’s life, especially during times of emergency or financial crisis. In order to effectively start saving, one needs to know the details about bank deposits and types so that you have a clear picture of different saving options available. While in India you have different saving deposit options available, read through to know which one suits you best!
A Debit cum Credit Card is like a true “friend in need”, which helps you enjoy the benefits of a Debit and Credit Card simultaneously! It helps you overdraw on your Debit Card once you reach the limit on your banking account. So you never run out of money when you are in need of it as your ‘Debit cum Credit card’ friend is right there for help!
The current global market is teeming with technological innovations that are aimed at easing the hassles associated with standard banking procedures. We may be hesitant to adopt to banking via mobile phones and computers since we’re most used to traditional ways involving human interaction. But adapting to these new modes of banking is the perfect style statement combining fashion and comfort.
Indians and their love for gold goes back a long way. In several households, rural as well as urban, gold is still considered an important component for investment. Considering the huge demand for gold in India, Prime Minister Narendra Modi recently launched three gold-related schemes. These schemes will not only help consumers invest in gold, but will also allow them to earn interest on gold that’s been lying around.
Federal Reserve Chair Janet Yellen commented yesterday that she was “looking forward” to a rise in the US Interest Rate. One wonders what this could possibly mean to the average individual. Well, it certainly means something to anyone who buys gold because this comment led to a major fall in the gold price. In fact, it has slumped to the lowest it has ever been since 2010!
Being in debt is like sinking in quicksand. While there is no instant way to make you debt-free, a measure of commitment and patience will put you on the road to becoming debt-free. If you are diligent and focused on achieving your dream of being freed from debts, we’ll give you a nudge to help you on your way. Read on to find out what NOT to do.