Credit Cards are a part of our everyday life. We use plastic money to pay for our groceries, utility bills, shopping and many more. But have you ever wondered how a credit card actually works? What happens in those fractions of seconds when you swipe your card? How the money does reach merchant? And how… Read More »
In just a few days following the budget RBI has paved the path for increasing the liquidity for banks, enabling the possibility of a lot of positive steps in the real estate sector. Impact on home buyers RBI notified to consider the home loan up to Rs 50 Lac (i.e. a property value up to… Read More »
A credit card is a useful tool, when managed judiciously but a lurking danger if you mismanage it. One of the first things you need to keep in mind, is read the term and conditions when you apply for a credit card. It could be a laborious process but something that has to be dealt… Read More »
The Banking Codes and Standards Board of India (BCSI) have prescribed self regulatory norms through which credit card issuers have to treat their customers. Next time you apply for a credit card do remember to have these norms in mind and extract the best service from the provider.
Most of us think of a Home Loan as plain and simple EMI based loans. But now, with the rising competition, various Banks and Financial Institutions have started offering assorted features and benefits along with their Home loan products. On one hand, a few lenders are offering different variants of Home Loan whereas on the… Read More »
The first union budget of the newly elected NDA government did not disappoint the market expectations and announced a substantial increase in the foreign investment limit in defence, manufacturing and insurance sectors. The proposal to increase foreign direct investment augers well for the government and the underlying sectors as it showcases a future economic… Read More »
On expected lines, the real estate sector and the infrastructure sector were the focus sectors of the government in the annual union budget of 2014-15. The finance minister announced a series of measures to bring investment into the sector while giving special emphasis on affordable housing. The announcement that Rs 8000 crore will be earmarked… Read More »
As the FM takes his first 5 minute break from giving his budget speech here’s a look at some immediate impact for our personal finance… 1. Unified PPF account to be introduced – so that you don’t have to worry about your PF money next time when you change city or jobs. This is a good… Read More »
In today’s always-connected world, the risk of Identity Theft is also rising. In this blog, I have made an attempt to let the readers know about this precarious crime. And share a few tips to reduce your risk of becoming an Identity Theft victim. These tips may help you to safeguard your finances, credit and… Read More »
As the Finance Minister stood up to start his eloquent budget speech he began with many strong statements – “The nation is not happy with the status quo. We are a country with the desire to grow and people want to free themselves from the curse of poverty. The nation has become aspirational and is… Read More »