Housing finance companies step in to provide loan to customers turned away by banks.
Buying a four-wheeler this month can help save on cost, but check first.
The word 'zero' is the bait used to lure gullible buyers. In reality, the customer ends up paying an interest rate comparable to that on a consumer durable loan; in some cases, even higher.
Many investors are lured with dividends that mutual funds pay, without realising that they are getting their own money back.
Even if they are a small part of your portfolio, these funds can help reap rich returns.
Samar Roy applied for a credit card with a leading private sector bank last month. Though the world has changed since the days banks chased customers to offer credit cards, Roy was confident he would get one. He was earning a reasonably good salary and had no loans or credit cards to his name.
Keep some cash in hand for tackling last-minute hurdles.
Many smart buyers wait for the year-end to buy a car. Auto makers and dealers come up with the best discounts in the month of December to clear stocks. But if you are planning to buy a car any time soon, the current festive season could be an equally attractive opportunity, thanks to the availability of cheaper finance.
Currently, ICICI Bank and HDFC do offer fixed-rate loans but the differential between fixed and floating rate loans is huge.
With returns improving due to the stock market rally, MIPs have started looking more promising.
Mhada presently has only Mumbai and Nashik cities in mind. If it takes off here, the thinking is to extend this to Pune and Aurangabad, and then elsewhere, if a common formula could be arrived at.
While govt banks are offering lower rates, private lenders are dangling higher loan-to-value proposition.
Fierce competition among financial institutions and strict regulatory actions are ensuring that your investment costs have started falling.
Having cleaned up their credit card portfolios and sensing a change in the economic environment, issuers such as SBI Cards, Standard Chartered and HSBC are seeing an increase in their credit card base at a marginal pace.
Only a seasoned investor, who is clued on and has the resources to hold on or pay back the broker, should take such chances.
While retaining the basic exemption limits at Rs 1.6 lakh (for individuals), Rs 1.9 lakh (for women) and Rs 2.4 lakh (for the retired), the slabs have been hiked substantially.
Financial planners say once the market starts moving up, investment decisions are based on greed and not fundamentals.
Rate cut, increase in limit, withdrawal of processing charges are some of the pluses.
If you are looking to invest in this category of funds keep the following things in mind.
It is always a good exercise to know your borrowing limit before you start scouting for a home.
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