If you default, it will affect your credit score and your career.
Servicing two EMIs will substantially reduce tax benefits on second flat.
India's Rishika Sunkara became a first round casualty in the Junior Girls' Singles category of the Australian Open Grand Slam tournament, going down in straight-sets to Japanese Emi Mutaguchi in Melbourne on Sunday.
It is important to set your goals from your investment so that your investment can work accurately for you. For example, one must know the time and amount of money that he / she will need in the future.
As part our series on dealing with the pink slip, we spoke to financial planner Sridhar Vetapalem on how to get your finances in order.
Home loan cover from the lender may not be the best option
Some buy house on loan, while others save and then buy, so which option is better?
By virtue of it being an unsecured loan, personal loans have a very high rate of interest attached to them.
In the personal arena we have all read stories of people have been caught cheating because of their status updates and friends list with some cases even leading to divorces due to this. To this list of areas in which the social media is having an impact please add your financial lives as well.
'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?'
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
'Times will be tough, but we will get by and by the grace of Lord Balaji.'
Important points to remember while going for a car loan and while prepaying the borrowed money to the lender.
'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.
Read the numbers carefully because no one can offer a credit card at zero cost or give a loan at a simple interest of 9%.
A 39-year-old bank executive from Mumbai went missing on September 5 evening.
When you find that you are in a situation where you will not be able to meet your loan obligations, running away from the lender is the last thing you should do.
There is no overnight solution and it requires plenty of patience and discipline to set it right
Former prime minister P V Narasimha Rao was keen on building a Ram Mandir at Ayodhya, but his attempt derailed after losing the elections, a senior aide has claimed.
The teaser home loan rate, the interest rate which is set artificially low for the initial period, could give a 'payment shock' to borrowers as the equated monthly installment (EMI) shot up on lenders charging regular interest rates, according to Fitch officials.
Borrowers burdened with increasing EMIs because of increasing interest rates can now heave a sigh of relief.
'The only place through which I can give an answer is through IPL even if I play for India. I want to face the fear and that's the only way to live life.'
The 'DPD' indicates how many days a payment on a respective account has been delayed. Simply put, it's trouble for the borrower
The government has appointed Spanish speciality consultancy firm, Mercados Energy Markets International, to examine possibility of a uniform domestic price of natural gas, which is now sold at rates ranging from $1 to $5.73 per mmBtu depending on source.
This rainy season, don't just prepare for storms but also make your finances rain-proof, says Amar Pandit.
Naveen Kukreja explains the finer points to keep in mind while planning for your retirement.
Every borrower should go beyond this basic check list and find out if any of the different flexible repayment options would suit his needs. But why should you do this in the first place? And what are the types of flexible repayment options available today? Let's find out.
The government, which has expedited rehabilitation efforts, said over 1.28 crore food packets have been distributed and an immediate relief amount of Rs 67.47 crore was disbursed among over 1.11 lakh families.
The biggest advantage is that choosing the right flexible repayment option would reduce your EMI load.
For high networth individuals, IRFs could be a good hedge against loans or existing fixed deposits.
The corporate health policy ceases under following circumstances: The company winds up; you resign or you are terminated from the company; you retire from the services at the age of 60; the company decides to withdraw the health policy benefit to employees, i.e. there is no law that the company should provide health policy to employee; most corporate policies also have restrictive covers.
Public sector banks charge 1 to 1.5 percent as prepayment penalty on the outstanding loan amount and in the case of private banks it is between 2 and 4 percent.
Public sector insurance firm subsidiary LIC Housing Finance on Tuesday announced a reduction in interest rates for its existing home loan borrowers.
With people losing their jobs and finding it difficult to repay their loan obligations here's how you can cope with the crisis.
Opt for personal loans only to meet your essential needs which cannot wait.
Instead of prepaying your home loan before the term ends it's better to invest the amount you would save on prepaying the loan and earn good returns on investing the same.
There may be huge discounts and easy EMI options on your favourite expensive smartphone, but do not swipe your credit card left, right and centre, warns Rajiv Raj
Home loan expert Harsh Roongta answers readers' home loan queries.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
The government on Thursday announced a 5 per cent increase in the dearness allowance for the central government employees and pensioners, with effect from July this year, entailing an outgo of about Rs 2,904 crore (Rs 29.04 billion) this fiscal.
