The car that you own today reflects your social standing in the society. Earlier owning a car was a luxury whereas now owning a car is a necessity. Most of the financial institutions offer car loans that will help people to accomplish your dream of an owning your dream car.
A bad credit means a bad credit report and having a bad credit report can never be good news for anyone. Having a poor credit score is a serious matter of concern and therefore it can even affect the mental health of people. The question that arises in our minds is what we should do to improve or rebuild our credit. This article is intended to explain 4 Steps to re-build your credit.
The professional loan is a loan offered exclusively for professionals such as engineers, doctors, chartered accountants and also company secretaries.
The retirement fund body which is EPFO has amended the EPF scheme by adding a new paragraph 68 BD to the EPF Scheme – 1952. This scheme enables the EPF account holder to make down payments for thepurchase of Homes and also pay EMI through their EPF accounts.
Axis Bank has been ramping up the mortgage portfolio owing to dull corporate demand and thus extending benefits of a lower rate of interest to a much affordable housing segment which is much anticipated to be the fastest growing categories in the housing market.
Home loan Insurance is an insurance cover that is offered by most banking and non-banking financial organizations. Some firms leave you with a choice to opt for home loan insurance cover where some banks have made it mandatory for all the home loan borrowers to avail home loan insurance.
All the banks lend loans on the basis of MCLR - Marginal Cost of Lending Rates whereas the non-banking financial organizations lend loans at PLR- Prime Lending Rate system. Previously, the MCLR had replaced the base rate for banks by virtue of which the loans that got sanctioned from 2010 to 2016 came under the base rate and PLR systems. However, the lenders have not been offering loans at base rate and PLR system because of which the borrowers are still tackling with rate of interests of 10% or even more.
Wondering whether to rent a car or to buy one – Consider various costs involved and decide effortlessly between the two.
Owing a home is the biggest and the most challenging decisions for many people. The purchase not just helps out people buy a home but keeps them away from hassles of rented property. Borrowing a home loan also helps in saving tax.