Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank accounts.
'Are they assuming that by the end of May or the 15th of June, we will see the end of the pandemic?'
The guild, which claims to represent around 1,100 of the 1,600 Jet pilots, had earlier warned to go on strike from April 1, unless their salary dues were cleared and clarity was provided on future payments by March 31.
While interest rates on home loans have come down by four per cent some existing borrowers end up paying fatter EMIs. Here's how you can change all this.
If you have availed a home loan from an NBFC, you can shift your existing home loan to a bank and benefit from the MCLR regime, suggests Ratan Choudhary, head - home loans, Paisabazaar.com.
If one is an existing borrower or looking for a loan, there's reason for cheer.
With the airline's operations suspended, how are you navigating this crisis?
Hemmed in by barricades and police and paramilitary swarming all over the place, the troubled Jahangirpuri on Friday showed signs of returning to normalcy, with the local peace committee calling for communal harmony and members of the warring communities embracing each other, agreeing to let bygones be bygones.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
If your are hassled with too many EMIs, bring them all under one umbrella and pay a single amount
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
MCLR-linked loans are more responsive to RBI's rate movements, and rate cuts may be transmitted to borrowers in a manner useful to them.
The bank also announced that it will reduce its external benchmark linked lending rate as well as repo linked lending rate by 40 basis points from July 1.
How well do you know your home loan. Take this quiz and find out.
'Political parties are following the Divide and Rule policy to break the unity of farmers.'
India's central bank raised its policy interest rate for the second time in as many months on Tuesday, warning that inflation is likely to remain elevated for the rest of the fiscal year, and rolled back an emergency measure put in place to support the slumping rupee.
'We feel EMI holidays should pick up now.' How travel companies are trying to win customers after demonetisation.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
In a statement, Gandhi urged Prime Minister Narendra Modi and the government to increase the number of testing facilities across the country and make public the details of hospitals and medical facilities through a dedicated portal.
Follow these if you want to enjoy credit happiness and easy access to finance in the New Year by maintaining a healthy credit report and high credit score
In case the repo rate keeps trending downwards, borrowers can expect a downward revision of their MCLR-linked loans.
Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.
While the stress is lower than projections, it would be higher than what we saw last year because of the pandemic: Axis.
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
Banks asked not to convert purchases into instalments; Cards not to be accepted for sale of gold coins.
'The digital trust level has drastically gone up due to Covid, not only in tier-I and II cities, but also in tier-III, IV and V geographies,'
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
Look at effective interest rate on home loan offers. Availing of ICICI Bank's cashback offer will mean you lose the flexibility to switch or prepay the loan, reports Sanjay Kumar Singh
'Some companies have agreed to 2-3% incentive but the automakers and SIAM have to decide amongst themselves'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Balance transfer is a facility in which you can transfer outstanding balance from one credit card to another. It works well if you have multiple cards.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
Here's what borrowers must pay attention to before going for such medical loans.
Do you aspire to purchase a house? Are you depending upon a bank or housing finance company to fund your needs? Is the same rate of interest charged by two different lenders confusing you? You are at the right place.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified.
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'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
The top court granted two weeks to the Centre and RBI to file the affidavit and place before it the decisions taken in this regard.
