Issuers allow you to convert your credit card purchases to EMIs, but it comes with strings attached.
Get Ahead reader Sunil Agarwal tells you how a a low EMI can reduce your stress levels.
Even if you get a bit late in buying things you need, it is always better to avoid debt traps, advises Vishwajeet parashar
In the current scenario of rising interest rates, it is vital that you understand important elements in the loan-taking process.
'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
ICICI Bank, the country's largest private sector lender, has introduced an equated monthly instalment (EMI) option for its customers on debit card purchases.
In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).
rediffGURU Sunil Lala answers your personal finance-related queries.
When you are under social, peer, parental, sibling, marital pressure to buy a house direct them to this article, says P V Subramanyam
From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
Your EMIs may help you to reduce your tax liability... Here's how
A summary of Thursday's action in the Premier League.
IMAGES from the Premier League matches played on Saturday.
'Accidents are unpredictable, whether it's a mishap during Diwali, a fracture during travel, or a fall in the bathroom.'
Before opting for the right loan, it is important to understand the most integral part of any loan, and that is, its equated monthly installment.
Under the agreement, customers who purchase merchandise worth a certain minimum amount from Levi's stores using the credit card of partner banks, can convert the transaction to an EMI scheme, a press release said.
Of course, NO! You must think of EMI option if and only if one is on the verge of defaulting on a payment.
The company did not respond to specific queries on the project's expansion.
Though manufacturers advertise it as a 'zero processing fee' offer, credit card companies may still levy charges making the phone expensive by over eight per cent.
The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation. The MPC vote was unanimous and has decided to keep stance withdrawal from accommodative, RBI Governor Shaktikanta Das said in a press conference on Wednesday. The decision was taken during a three-day meeting of the RBI's Monetary Policy Committee (MPC) to review the interest rates in the country. The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 per cent," Das said.
Are you facing problems with housing loans? If you are a first time home loan borrower, here's how you can save some money on your home loan.
A round-up of Saturday's action in the English Premier League.
Also build a contingency fund equal to 9 to 12 months of expenses.
Your awareness about the effect of the home loan tenure and EMI on your loan empowers you to take better decisions, explains Gaurav Mohta.
In the last couple of years, interest rates have been rising consistently. Home loan borrowers -- both existing and potential -- are a baffled lot because of the sheer speed of the escalation.
'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'
We asked you, dear readers to share your best tips on saving money. Irish Verma shares these tips.
iPhone sales jumped from about 70,000-80,000 units a month to about 400,000 units after the schemes were rolled out.
RBI might further cut rates by 50-75 basis points later.
With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid disruptions caused by the coronavirus outbreak. As part of measures to alleviate hardships faced by people, the Reserve Bank of India, on March 27, announced a slew of steps, including a three-month moratorium on loan repayments.
While the MRP of the device is Rs 37,380, Samsung Galaxy Note II is being sold at much lower prices on e-commerce portals.
In the current scenario of rising interest rates it is vital that you understand important elements in the loan taking process, helping you make an informed decision when it comes to balancing your monthly budget and your loan repayment.
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.
Existing and new customers will find it easier to manage or raise loans as banks start cutting rates.
Nokia has tied up with Citibank, HDFC Bank, Axis Bank, Standard Chartered, HSBC, ICICI Bank and SBI Cards for the EMI scheme and the offer will be available to consumers with credit cards from any of these banks.
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