What Are ULIPs? Should You Invest In Them?
To build a successful cricket team, you need a good set of batsmen, bowlers and all-rounders. Similarly, your finances need different investments. ULIPs are one such investment.
Tag Archives: interest rate
The Impact of Delayed Construction Projects on your Finances
Real estate projects often exceed their completion deadlines, and it may seem like that just adds to the number of months you wait for your house, but it has a much bigger impact than you think. Even a small delay in property possession can jeopardize your financial planning. Here is a look at the multiple… Read More »
When do Expensive Unsecured Loans Make Sense?
Sometimes, taking that risk on your two wheeler right when it’s about to pour works out. Of course, it’s best to be prepared with your raincoat. An expensive loan could work the same way for you. As long as you plan your repayment in a way that you will not lose much money as interest.… Read More »
How Your Home Loan Eligibility is Calculated
It was a busy morning for Prakash Chadda, as the month end was nearing. Files were piled up on his desk. Chadda was hunched over a bunch of papers with a magnifying glass held really close to his nose. He was a detective of a special kind. Prakash Chadda was the credit manager of home loans… Read More »
10 Loan Tips for First Time Home Buyers
10 Loan Tips for First Time Home Buyers Unwrapping your birthday gift or Christmas gift probably had you excited and nervous at the same time. Buying a house could give you the same experience, but hightened. This is especially true for first time home buyers. But with a little homework at the outset, most of… Read More »
6 Ways to get a Home Loan with a Poor Credit Score
A healthy credit score is the most important factor which decides the extent of home loan you can get. In fact, this would even determine if you are eligible to get a home loan at all or not. But you could get a home loan despite a poor score. Don’t believe us? Here’s the case… Read More »
Credit Cards: 2 Ideal Ways to Use the Interest-Free Period
What would you do if you found a big bag of cash on the road? Grappling with all the possibilities? Well, those possibilities could be your reality, if you use your credit card on the right day. The interest-free period can be 45-55 days,beginning with the first day of the statement period (or billing cycle)… Read More »
All About Subvention Loans
Salman Khan must have been super relieved when the verdict was announced. And so were all of his die-hard fans. Suraj and Nikita, were just as relieved when a Subvention scheme swooped in to save their day! They were planning to buy an apartment in Delhi and they zeroed in on a property with a… Read More »
How Peachy Rate Cuts Affect Your Current Loans
Extra, extra! Good news is here and there’s no need to be puzzled anymore. On 2nd June, RBI reduced the key repo rate by 25 basis points to 7.25%, the third such cut in the year. Other banks are now expected to reduce their lending rates once more. Rahul, your average IT guy, was wondering… Read More »
Understanding second mortgage loans!
Second mortgage loans or second mortgage financing, as the name suggests, means providing a loan against the security of a property which has already been mortgaged elsewhere. This means that the same property is being used for a second time to secure a new loan. For example, Mr. X wishes to purchase a property for… Read More »