Customers who possess gold jewellery but are either being denied a personal loan or are being asked for a high interest rate due to their poor credit profile may consider a gold loan.
The main culprit is the lack of transparency that your lending bank of housing finance institute employs in determining home loan rates.
IMAGES from the Premier League matches played across England, on Sunday.
Acer India has announced a tie-up with Bajaj Finance to provide consumers across India with a six-month EMI and zero per cent interest option on Acer's entire range of notebooks and desktops.
It has been decided to reduce home loan rate by 20 basis points.
IMAGES from the UEFA Champions League matches played on Wednesday
If the cashless request is denied, the entire cost may need to be paid for planned treatments.
The shrinking sales of residential apartments have forced real estate developers in Pune to even pay the monthly home loan installments of their customers who have lost jobs due to the economic slowdown.
'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
'When I called the HR department, they abused me.'
P V Subramanyam takes a hard look at the pros and cons of both options.
Real Madrid fought back from two goals down as Vinicius Jr grabbed a hat-trick in a thrilling 5-2 win over visitors Borussia Dortmund in the Champions League.
The interest charged on an inter-state loan given to a credit card holder without the use of a plastic card would not be subject to the integrated goods and services tax (IGST), a two-judge bench of the Calcutta high court has ruled. In this connection, it recently set aside a ruling by a single judge of the high court. The issue was a loan of Rs 650,000 granted by Citi Bank with an EMI of Rs 58,056 for 12 months and inclusive of integrated GST (IGST) on each installment of interest.
Read on to find out the truth about how change in interest rates work and why a change in rate cut doesn't always mean an immediate lower EMI.
Hence, at the end of the day the reason why people are not buying real estate is because real estate, especially in the larger cities, is terribly expensive.
State Bank of India hikes lending rates, and other banks pick up the signal.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
While financial planning is good for you, the process which a planner can put you through is not so great, observes financial planner P V Subramanyam.
Amortisation, or break-up of your loan into interest and principal, is the key that can unlock the secrets of your loan by lifting the numerous curtains that banks put on it when offering you credit.
The Reserve Bank on Wednesday increased the benchmark lending rate by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation, which has remained stubbornly above the target zone of 6 per cent for the last three months. The decision follows an unscheduled meeting of the Monetary Policy Committee (MPC), with all six members unanimously voting for a rate hike while maintaining the accommodative stance. While the inflation has remained above the targetted 6 per cent since January, RBI Governor Shaktikanta Das said the inflation print in April is also likely to be high.
Personal loans and credit card loans provide quick access to money when it is urgently needed, but they also carry risks for borrowers.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
IMAGES from the Premier League matches played on Saturday.
Politely decline to be prime minister, and hand the baton to someone else in the BJP -- like Sonia did to Manmohan Singh -- advises Krishna Prasad.
Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.
Liverpool's slim Premier League title hopes faded further on Saturday when Michail Antonio's late header earned West Ham United a deserved point with a 2-2 draw.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Arsenal's title hopes hit with 2-0 loss to Villa as Man City get boost
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
'Try to obtain a secured personal loan or credit card by offering some collateral, such as a fixed deposit or gold.' 'Not only will this improve your eligibility, but the lender may even offer a lower interest rate.'
SBI Cards & Payment Services reported mixed results for the January-March quarter (Q4) of FY24. While it managed to deliver strong earnings growth, it saw a perceptible decline in net interest margin (NIM) and suffered deteriorating asset quality. Taken together, the market was disappointed with the share dropping 3.5 per cent.
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
