A prenupt could help cut down the exorbitant divorce settlement costs and also make sure that there is no bone of contention between the partners including a joint account when divorce happens.
Loan insurance is a concept catching up in India. Most people taking a loan are not aware about what they would do in case they are unable to make the monthly payments towards the loan.
A 'down payment' simply put is the difference between the purchase price of a property and the mortgage loan amount. It underlines the buyer's commitment to complete the deal and indicates the buyer's fidelity in making the loan payments.
Are there times when you feel really impatient about the fact that you need to wait several more years to free your home from debt? Well, here is a thought for you.
Planning your budget makes you aware of your financial situation and helps you create a contingency fund to tap into, when in need. Now how do you start preparing to put money consistently into this contingency fund? Read on...
There are many pitfalls that can turn this smooth process into a bumpy one. Here are some of those pitfalls that you should be aware of and avoid.
How does compounding work? Well, when you save Rs 100 and get an annual interest of 10%, you will have Rs 110 at the end of one year. Due to compounding the next year you will get a 10% interest on Rs 110, which will then leave you with Rs 121. The next year, interest will be calculated on Rs 121 at 10% and so on. In time, these savings will grow exponentially.
A loan agreement is a 'contract' entered into between the borrower and the lender (banks and financial institutions) that regulates the terms of a loan. The loan agreement comes into picture immediately after the bank appraises your credit and the property that you have identified.
The Securities and Exchange Board of India made it mandatory to grade all IPOs starting May 1, 2007.
The average return from the top 15 debt mutual funds in the last one year has been 25.96 per cent.
The world has changed with people changing from being cautious about their money to being better risk-takers.
Offshore Investing involves investing money in investment avenues in a foreign country rather than your home country. This is done through targeting benefits offered to investors by firms and governments across the globe.
Strategic investment gives the investing company access to resources at a fairly low cost.
What many don't know is that Swiss banks are just like any bank in the world.
Bank deposits serve the purpose of preserving capital, which is the most wanted at certain times.
It is that time of the year when banks and finance companies lend color to the festive season by rolling out the red carpet for customers.
The main differences between NEFT and RTGS are the time taken for transfer of funds and in the way it operates.
Let us see some of the important factors that you should consider before buying your second house.
A private trust is a system where you create a trust and nominate yourself as the authorised owner of all the assets.
But what is dual listing all about? Why is India hesitant to adopt it? And what should be done? How does this issue stand between the Bharti and MTN deal? Let's find out.