The SBI Ezee Car Loan Scheme offers car loans at 8% per annum for the first year and 10% for the second and third years. The EMI (equated monthly instalment) on a car loan will be as low as Rs 1,559 in the first year and Rs 1,647 in the second and third years for every… Read More »
Yes this can be possible. By zeroing on the best car loan deal and insurance policy you can cut you’re your car loan amount by Rs30,000-50,000. Just by looking around in the market as to what rates are the cars being offered can give you a pretty much good idea. Obviously, your salesman will give… Read More »
While dealing with the aftermath of the great slowdown, everybody seems to be asking this question – “is it the right time for me to buy my dream home?” The answer, is not that simple nor too complicated. Your home loan is a life long investment which can gurantee you higher returns in future. Although it… Read More »
Look into these pointers before going for a home loan: 1.Decide your repayment capacity. Only if you are confident to repay the principle amount of the loan, only then acknowledge the loan amount, else back out. The lenders will accept your loan application only if they find your cash inflows and outflows to be credible.… Read More »
Due to rising interest rates, and fear of paying higher EMIs and with the advent of floating interest rate loans in the market, most home loan borrowers are under a great amount of stress since they are unable to decide whether they can support higher EMI payments or increase their loan tenures. Even a 0.25%… Read More »
With the inflation and rising interest spiraling out of control, most Indians prefer to pre pay their home loans within 10 years even if the loan tenure is 15-20 years. Paying the EMIs for a long period of time burden one’s finances forcing them to pay off their loan much earlier. For instance, if you… Read More »
A recent press report said that YES Bank has planned to have a branch network of 750 branches across the country by 2015, and 15-20 per cent of these would be located in the South. Mr R. Ravichander, Group President , Business Development (South), YES Bank, told the press that the metro centers are likely… Read More »
Load is a fee that is charged when you buy or sell the units of a fund. When you buy the units of a fund, you pay a percentage of it as a fee. This is known as the entry load. Generally, if funds charge an entry load, they will not charge an exit load… Read More »
When errors crop up due to lack of awareness you could end up evading tax unknowingly! That could turn out to be a costly mistake somewhere down the road! So be wise, get your tax facts right! Here is a quick sample checklist for you!
The banks have to issue three advance notices to the defaulter of the car loan specifying that his/ her car will be ceased by the bank, if the defaulter failed to respond to any notices, after receiving the court order for the same. A Supreme Court judgement in 2007 said vehicles can be re-possessed by… Read More »