'Prevention is better than cure' seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is looking at setting a template of good customer service that will prevent consumer grievance.
Motor insurance is one place where it is easier to avail discounts - on account of your/driver's profile, car model, city, age and low claim history.
Option can be exercised only for self-applications and after a year of non-payment.
Buyers of insurance products always get confused with charges.
MMID is a seven-digit number issued by your bank for transactions through mobile banking.
The scheme will invest in gold exchange-traded funds of all Sebi-approved mutual funds, along with capital protection.
Three-four funds have recently collected money from Indian HNIs, with an average ticket size of anywhere between Rs. 50 lakh to Rs. 1 crore.
Apprehensive about the July 1 switch, say there are issues to be addressed.
The inflows from foreign institutional investors of $29 billion last year gave the markets above-normal liquidity. This year, the trade has reversed in favour of the developed markets.
Doing so can make a big difference to your tax liability.
The recently changed State Bank of India's (SBI's) formula to calculate home loan rates has stumped many.
J Hari Narayan, chairman, Irda, said, "We will address the issue of policy exclusions, claim settlement period and the definition of critical illness. All these norms will form a part of the health insurance guidelines."
ULPs have become more consumer-friendly. But do you really need one?
Seek professional help to manage your money. But monitor the holdings and performance.
nfoscians will be taxed for their free shares, both at allocation and selling stages.
Home loan repayment for an under construction property will get tax benefits only after the buyer takes possession.
Last week, the Central Board of Excise and Customs notified that a service tax of 10 per cent would be levied on the gross value of a housing property under construction from July 1.
All leading banks advise clients not to disclose their credit card number or automated teller machine password to anyone.
Servicing two EMIs will substantially reduce tax benefits on second flat.
The form, introduced by the Central Board of Direct Taxes in April, is supposed to make filing tax returns easier.