Income tax collection, by way of advance tax and TDS, in the April-June quarter was about 80 per cent of what was collected in the same period last year.
There can be as many as six co-applicants in a joint loan.
Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference to announce more stimulus measures to boost growth, she said macro-economic indicators are pointing towards recovery. She noted that COVID-19 active cases have declined from over 10 lakh to 4.89 lakh with case fatality rate (CFR) at 1.47 per cent.
Usually, banks will offer a lower credit limit to a first-time borrower and subsequently increase it as the borrower builds a repayment track record.
Tempted? Good. Now read this!
Besides a good CIBIL score, lenders also look at the applicant's ability to pay off the additional debt burden. This is where Yash had a problem.
Homework you must do before approaching a bank
Poor quality of education is one of the most important reasons for high unemployment in India, says Kavita Nigam.
Until your home loan is sanctioned, some silly mistakes on your part before making the first move can derail the most important goal of your life.
The fate of all your future loan applications lies hugely on how you service your education loans.
Even before the first salary is credited, there is an EMI to be paid.
Ramkumar is under extremely heavy debt. Can he survive it?
More credit bureaus to ensure faster dispute resolution.
Follow these 6 Cs of building good credit and your lender will never disappoint you!
LIC is also working on a new model to scan loan applications.
Co-signing a loan is a huge responsibility and can impact you greatly. Here's what you need to know before your generous streak gets the better of you!
Banks might reject your loan application if you defaulted on your telephone or electricity bill, soon.
Has your personal loan, or home loan, or car loan been rejected off late despite having cleared all your previous bank dues? Perhaps it's your faulty credit report at work. It's about time you know how to get it corrected.
Each partner should discuss retirement accounts, property owned prior to marriage.
Lenders increasingly looking at your social media profile to evaluate creditworthiness
Here's how you can get a copy of your own credit report if you are curious to know about your credit score/credit rating in India.
Housing finance major HDFC on Thursday lowered its home loan rate to 8.25 per cent for the first year in its new dual rate scheme, commonly known as teaser loans, applicable on fresh loans.
Months after dismissing State Bank of India's special loan scheme as a gimmick, mortgage player Housing Development Finance Corporation has decided to follow the country's largest bank.
A conduct checklist for banks and financial institutions in India that must be followed while dealing with loan applications.
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.
Most banks are going slow on clearing such loan applications as the employment scenario has turned adverse due to the financial crisis faced by most companies.
Important facts to know before applying for a home loan.
All you need to do is fill up an application form available at Credit Information Bureau (India) or Cibil's website, attach a draft for Rs 142 and an identity proof and mail it to Cibil. The company's Managing Director Arun Thukral said that the report would reach you within a week.
Is it easy to get a personal loan? Well, yes if you know how to go about it.
Due to the prevailing uncertainty, the risk of loans going bad has certainly increased. This may result in lenders following risk-based pricing more diligently, notes Naveen Kukreja, CEO, Paisabazaar.com
Home loan interest rates are getting costly again. How do you cope with rising prices?
You require a credit score to get fresh debt and you must have existing debt to get a credit score... Confused? Well, here's how they are related.
It further said that the loan application form should be suitably modified to incorporate passport details of borrowers.
Banks create a credit profile of every person who approaches them for a loan. This is a very vital part of any loan application process and banks do consider it very seriously before sanctioning any kind of loan.
Before opting for a joint home loan with your parents or spouse you must first understand the implications of this loan.
Being a guarantor for a freinds loan can cost you a dear.
Here's how to go about applying for a home loan.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances