The ATMs are fully up now and customers can withdraw up to Rs 50,000 from Yes Bank as well as from other banks' ATMs.
Here's the answer to a dilemma faced by many home loan borrowers: To prepay your home loan or not when you get a one-time substantial bonus.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Some other sites that allow repayment over longer tenures also waive off interest cost but that might be built into the product price.
'A decade ago, even though the sentiment might have been felt in large parts of the media, it was not expressed.' 'There was a reserve and there was a culture that adhered to the principles expressed in the Constitution,' observes Aakar Patel.
Central bank unhappy with North Block's EMI diktat to banks, asks for more provisioning.
Facebook enabled users to mark themselves safe in Chennai since Thursday morning
For a petrol car with a Rs 500,000-600,000 price tag, an EV variant would not cost less than Rs 12 lakh, making it virtually unaffordable.
Let us discuss what has made your savings bank deposits a worthwhile avenue to park your funds now.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap
Invest the amount you BURN every month on smoking cigarettes, drinking alcohol and eating out at luxury hotels according to this plan. The end result: Better health and higher savings.
Amid the protests against leading e-commerce firms, Flipkart and Amazon, shipments through the online route in fact witnessed a double-digit growth every quarter.
Rating agency Crisil has said rising interest rates and the reintroduction of teaser loans by various banks would put an additional burden of Rs 6,000 crore (Rs 60 billion) on them.
The move is likely to help 4.59 lakh housing units across the country.
Making an informed choice will help you save money and some hassles too.
The entire 'teaser rate' phenomenon only ended up benefiting lenders and developers at the cost of the loan consumers.
The new rates will be effective from May 9.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
By increasing your monthly EMIs by just a few thousand rupees you can actually end up owning your dream house in almost half the tenure saving lakhs in interest outgo. Read on...
Prakash Javadekar said the forest cover in the national capital has increased since then and public transport system has also improved.
'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'
To begin with, these are among the cheapest in the loan market.
Developers blame credit rates, bankers say prices too high.
Let not the smartness be confined only to your phone... Transfer it to borrowing too! Here's how
Only those who opted for hybrid loans in the past couple of years will remain unaffected.
If you are in your 20s, renting out an apartment and under pressure from parents and peers to buy that dream home, just make these solid arguments to tell them why it just doesn't make any sense!
The Income Tax Act, 1961 provides tax benefits for assessees that have home loans. Typically a home loan is repaid to the bank/lender in monthly installments.
If you default, it will affect your credit score and your career.
Home loan insurance covers the loan liability of the borrower.
'He spoke about 20 jawans in Ladakh, but he couldn't even name China.' 'He said the world had seen what had been achieved, even though we Indians don't know because Modi has himself said that nothing had happened and nobody had come,' points out Aakar Patel.
Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter.
'Times will be tough, but we will get by and by the grace of Lord Balaji.'
The ex-Marine is on a mission to capture the Indian market for heavyweight bikes.
Correct your friends the next time they try to scare you; offer them tips on how they can improve their credit scores if they are poor borrowers
The Banking Codes and Services Board of India offers a free of cost credit counselling service to individuals who have taken home loans, personal loans, vehicle loan or incurred credit card debt up to a maximum limit of Rs 50 lakhs.
Pay EMI for the entire sum, even if it is disbursed in tranches.
Defaulting on the payment is a serious offence and one must avoid it at all cost. But if at all you default on one, here's how to handle the tricky situation.
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.
