The clause known as the Force Majeure Clause states that “Provided further that from time to time, the bank may in its sole discretion alter the rate of interest suitably and prospectively on account of change in the internal policies or if unforeseen or extraordinary changes in the money market conditions take place during the… Read More »
For the retired people, the Post Office Monthly Income Scheme is a good savings instrument. The interest is 8% divided on a monthly payout basis. The payout if not required can be channeled to a recurring deposit. The effective returns increases by almost 10% by doing this. The interest can be credited to a savings… Read More »
What do the former customers of the lender have to say about the quality of service offered by the lender? Was the lender responsive to the customer requirements? Check the feedback given by the users on the customer review websites. It will give you an idea of what to expect from the lender, so that… Read More »
Equity mutual funds make a great investment. However, given the volatile nature of the market and the loss experienced by investors in the past months, one should keep expectations realistic and be willing to wait it out for at least 10-15 years to see a good return from equities.
Evaluate all loan offers. The first condition for loan offer selection is the total money outflow that the loan will cost. The second factor is the EMI. A loan offer with a lower EMI and a longer tenure may seem attractive, as it could be easy on your purse strings, however not all such loans… Read More »
One more option of sourcing funds is to obtain a loan against your assets, for example, a loan against property is especially useful for such purposes. However, there are specific loans to be availed for precisely this function that are termed under the category of business or commercial loans.
As a smart investor, ensure adequate exposure to various asset classes. Though make equities the mainstay of your investment plan, ensure you take exposure to other assets like gold, realty and debt. So in case of a stock market downturn you are sufficiently protected.
The verification of these documents are critical, though commercial establishments that take office premises have a legal team to handle the formalities often the lone individual in search of a comfy apartment does not often realize the significance of such things nor do they actually get a chance to verify these details.
During the time Rahul remained invested in his property, the stock markets also reached new highs. Now the returns from stock market are much higher than the returns from property. Besides the holding period for stocks is just 1 year after which long term capital gains tax sets in. Rahul lost this opportunity to earn… Read More »
So how do you negotiate a claim to get it fully or at least the maximum amount? What do the insurance companies usually do during a negotiation process? What are your rights and when and how do you exercise them? The following is a comprehensive guide to give you an insight into the various possibilities… Read More »