It makes sense to let your head do the leading when you buy a car. Especially, since it is a depreciating asset and won't give you any returns.
Housing loan customers may have to repay part of their borrowings or suffer very high EMIs, as there is a scurry among banks to avoid bad debts following successive interest rate hikes in the last six months.
A few important factors to keep in mind while applying for a home loan, and strategies to manage it, whatever your age.
Banks offer to extend repayment tenures up to 25 yrs.
Hemangi and Prashant Nakwe's vegetarian thaali business is keeping them busy in the lockdown.
Indian economy was growing faster than the global average and all other major economies: FM
More interest hike shocks are to come with no signs of the rates having peaked up.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
Harshala Chandorkar of CIBIL answered your credit score related queries in an online chat, February 3.
The Centre informed the Supreme Court on Monday that a decision is likely in 2-3 days over charging of interest by banks on instalments which were deferred during the moratorium period in view of the Covid-19 pandemic.
Tempted? Good. Now read this!
Despite a complex interface, online banking is fast gaining acceptance.
Look at the pros and cons of both the options and take a decision yourself!
Harshala Chandorkar, senior vice president, CIBIL, answered readers' queries on the risks related to guaranteeing a loan in an online chat with readers, January 27
A home loan is settled by this cover if the borrower meets an untimely death
In an online chat with Get Ahead readers, Harshala Chandorkar, senior vice president, CIBIL, answered their queries on auto loans.
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
But don't buy this product blindly! Here's what you must know before you sign on the dotted line
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.
After banning 0% interest rate, central bank could crack down on EMI waiver too.
'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'
Here's how you can ensure you have enough in your kitty and be in command of your finances.
Increasing instances of theft and break downs means you could easily lose expensive items.
Homework you must do before approaching a bank
Contrary to popular belief, it does make sense to live on rent in your dream house, and own a smaller property, says Manish Shah.
In a fresh bid to check its falling market share, smartphone maker BlackBerry on Thursday unveiled premium flagship offering Z30 featuring its latest operating system 10.2 version in India priced at Rs 39,990.
Harshala Chandorkar, Senior Vice President -- Consumer Relations, Communication & CIC Compliance Credit Information Bureau (India) Limited will answer questions related to your home loans and CIBIL Credit Score on Monday, August 5 between 3 pm and 4 pm.
Tips to help you save money before, while and after taking the loan
The outbreak and lockdown have thrown up a number of challenges, such as layoffs, pay cuts and a general slowdown. Many subscribers after their unsuccessful attempts to use the scheme have taken to social media to voice their complaints, as the EPFO website and grievance portal suffer outages and its customer helpline remains unreachable.
Meanwhile, outlook for global emerging markets remained relatively weak in September.
Gifts for loved ones, spending on yourself on impulse buying on EMIs and credit cards can leave your financial health completely stressed by the end of the year, says Harshala Chandorkar, Senior Vice President -- Consumer Relations, CIBIL
Avoid these at all costs or there goes your dream of owning a house.
RBI kas hiked short-term lending (repo) rate by 0.25 per cent to 7.5 per cent.
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
Until your home loan is sanctioned, some silly mistakes on your part before making the first move can derail the most important goal of your life.
'The pay cuts have been very tough on those with entire families to support.'
