Die to the very nature of a home loan which entails a large sum of money and a long repayment tenure the amount of total interest paid by the end of the repayment works out to be a relatively significant corpus. Most home loan borrowers find it a daunting thought to imagining the amount that… Read More »
On handing over the house to you, the builder needs to also give a `Completion Certificate’. This is issued by municipal authorities which establishes that the building complies with the approved plan. You would need this certificate for registration of your house and other government formalities.
All-time low for the rupee signals the advent of tougher times for the average person; durables, cars to cost more .The average Indian should brace up for even tougher times, as the staggering decline in the value of the Rupee is all set to take their regular and discretionary expenditures to new highs! The average… Read More »
Rupee touched 59 to a dollar yesterday and it sent panic waves in investors’ community, bankers, and Government. Investors’ community is worried because it will cut down the returns of foreign institutional investors (FII) which will directly impact overall stock market negatively. Bankers are worried because this may delay RBI’s rate cuts further halting the… Read More »
What is a utility bill? The bills such as electricity bill, telephone bills, mobile phone bills, etc. are referred to as utility bills. Usually these bills have to be paid in their respective offices on or before the due date. Standing for hours in a queue to pay an electricity bill or telephone bill is… Read More »
EMI is a common household term today, as more and more people are availing different kinds of credits to meet their financial needs. The same is applicable to outstanding amounts in credit card dues which the customer may find difficult to pay in one go. Is the EMI facility on credit card payments a good… Read More »
Buying a home is indeed a dream come true. And with a home loan, this dream is not beyond the reach of individuals today. However, depending on your income and credit rating, you will be eligible for a certain maximum loan amount from the bank. What if your dream home demands a slightly higher loan… Read More »
The May review may see the Repo Rate hitting a three year low, as the apex organization for monetary policies, the RBI, is expected to bring it down for third time in the year The Reserve Bank of India realizes the need to support the various economic activities, so as to help them sustain in… Read More »
The much anticipated and waited RBI’s Annual policy announcement happened today. With inflation and current account deficit dipping, the expectations of a rate cut were ripe. The Reserve Bank of India’s Macroeconomic and Monetary Developments for 2012-13 announced yesterday adopted a hawkish stance and said that the room for monetary easing was limited, as decreasing… Read More »
Car loans in India have undergone widespread in the past few years with the financiers evolving new and innovative loan products in an attempt to attract more customers. There are various kinds of customized car loans available in the market which will suit differing requirements of the borrowers. In addition to the different car loans… Read More »