Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
India was among those countries that registered a very low housing loan penetration rate with the outstanding housing loan to the GDP being just 3% as against 51% in the United States and 54% in the United Kingdom.
Banks will now have to check whether a housing loan is being sought for an authorised structure and seek an undertaking that construction is being done in accordance with the sanctioned building plan.
'Look not just at the interest rate but also the processing fee.'
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
Only borrow an amount that can be repaid comfortably. The ratio of total EMI to take-home salary should not exceed 40 per cent.
Is it easy to get a personal loan? Well, yes if you know how to go about it.
Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.
rediffGURU T S Khurana answers readers' personal income tax queries.
It is to be seen if SBI under Setty, who will have a three-year term, can ride the economic cycle to take SBI to new heights, navigating some of these challenges.
There can be as many as six co-applicants in a joint loan.
All real estate developers may not be able to avail the benefit of Reserve Bank of India's one-time restructuring scheme as they might not meet the required financial ratios and have the necessary credit rating, HDFC vice chairman and CEO Keki Mistry said. He was speaking at a real estate and infrastructure investor summit organised by Naredco. "Restructuring may not necessarily help every developer because not too many will be able to meet the criteria laid down in terms of meeting the various ratios and getting credit ratings," Mistry said.
Here's an innovative home loan product that is gaining popularity amongst borrowers.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
Dear Finance Minister, We don't expect magic, just a little understanding and some tax relief that feels like a real reward, not a bare minimum. A little extra fuel in our wallets could go a long way, pleads Vatsal Ramaiya
Many house owners are not aware of this option and hence end up taking personal loans to renovate their homes
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts.
A summary of Wednesday's Champions League Round of 16, Second Leg, matches.
Lewandowski strike gives Barcelona 1-0 win over Alaves
To begin with, these are among the cheapest in the loan market.
Tuesday's match holds importance for India as any slip-up could be disastrous in their bid to make it to the 2027 AFC Asian Cup.
A top-up loan could come to your rescue in an emergency. Here's why
Banks need to be convinced about regular income for such loans.
Most borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh Roongta.
A dream home can be closer to reality if you live a financially disciplined life. All that it takes is to make smart moves at the right time in your life and career.
Owning a home is a dream for most of us and thanks to the diverse home loan schemes available to make that dream a reality.
Rajiv Raj tells you about some easy financing options to deck up your home
When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
For most of us, it is the biggest dream to own a house. As there is a feeling of pride attached to it, it becomes more of an emotional call than a financial call.
Manchester City thrashed West Ham United 4-1 in the Premier League on Saturday to claim their first back-to-back wins since October.
IMAGES from the UEFA Champions League matches played on Wednesday
'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
Besides being young, one might also have to be a professional or self-employed.
Archit Gupta on how can you maximise your savings and reduce your taxable income.
SBI offers reward points for various types of banking transactions.
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