In an all out attempt to woo customers financiers are coming up with many different attractive offers and discounts of car loans and purchases. These practices have been largely successful in increasing the actual sales in the past few years. The customers at times are unable to fathom the real financial implications of what is… Read More »
Out of the vast number of car loans that are approved every day across the country there are some loans which become defaulted due to various reasons. Once it is confirmed that the loan repayment is beyond the capacity of the burrower the financier initiates legal action in order to take possession of the vehicle.… Read More »
Personal loans are among most easily accessible capital when one needs it. The processing is faster and the requirement of documents is relatively simpler. Any persona with a decent credit rating and repayment capacity can avail such a loan in a matter of hours from any financing institution. However the rational utility of taking such… Read More »
Owning a car through the car loan route is simple and easy process that many people prefer over saving money to buy one. There are many circumstances when such customers are unable to repay the installments of loan in time leading to a default situation. There is a lot of anomaly in understanding the… Read More »
Gold is one of the most important parts of an Indian’s life while it comes to glorifying any type of festival or occasion. It is a matter of concern for lots of Indian families now that gold price has surged continuously to such a point where it becomes difficult to buy gold. Perceiving the difficulty… Read More »
The Reserve Bank of India in the beginning of September 2012 has directed all banks in India to issue uniformed featured cheques which as per specifications of the Cheque Truncation System (CTS) 2010. This is with a view to standardize the procedures and provide a safeguard against frauds through uniform security features. The RBI also stated… Read More »
Almost all of us in this world are so focused in creating wealth that we hardly get the time to think about how our loved ones will get the wealth created by us if we are not there. This has landed many a loved one in trouble – starting from high cost of getting what… Read More »
Sunil had seen a lovely apartment and he was in a hurry to buy it. As he did not have sufficient money to purchase it, he settled for the lucrative loan offer from a bank. Unfortunately, after some time, he found out that he was paying more towards the loan than his other friends. When… Read More »
It is a known fact that one cannot foresee what future has in store! Life is so uncertain that one cannot predict whether the next moment he/she will be alive or not. Keeping this perspective in mind, it is better to be prepared to face future uncertainties ahead! An excellent way to do this is… Read More »
Each type of account requires a minimum balance to be held in that account in order to avail the services offered on the account. The minimum balance required varies as per the account and services being offered. However at times the banks may change their rules and raise the minimum amount required to be held… Read More »