Shrikant Bangad, 27, successful entrepreneur, was planning on getting married soon. He was keen to buy a home before the wedding. Srikant’s secret to success was his foresight and planning. He wanted to get his home loan approval in place, so that if he liked a particular property he could close the deal without delay. Read More
Banking
Is a home loan transfer right for you ?
In 2009, when teaser loans were the rage, Suhas and Namrata Joshi, a young couple from Pune, India took a teaser loan from a public sector bank at a very attractive rate of 7.5% p.a. Like most teaser loans, for the next two years the rate rose by a percentage and then after the thirdRead More
How to remove hypothecation from RC after car loan termination
So you own a car under a car loan but now want to foreclose it ? There are some do’s and don’t you need to be aware of as far as car loans in India are concerned especially on how to remove hypothecation from RC after car loan termination. Unlike a home loan where theRead More
How does EMI on credit card work ?
Are you one of those shopalcohlic people who buy goodies without having any money to pay for the product and subsequently use the EMI on credit card option to pay over a period of time without understanding how does EMI on credit card work ? If yes, then forthcoming months are going to render youRead More
7 steps to pay off your debt [infographic]
Here is another stunning infographics from mint.com on 7 steps to pay off your debt. All the 7 rules are time tested and hold so much gravity that you will end up nodding your heads while reading. It starts with the first golden rule of spending less than you bring home and includes others likeRead More
Should I take a personal loan to go on a vacation ?
Should I take a personal loan ? If that is a question that you keep revisiting often, then you are at the right place. Personal loans in India seem to be a favourite fall back option and fillers whenever money is required. I have many clients who made a down-payment of a house or aRead More