The monthly interest pay-out scheme is ideal for depositors who need a fixed income monthly to meet their daily expenses. This monthly plan is especially popular among retired individuals or those individuals having large surpluses from inheritance or other sources but does not have adequate income sources. Such individuals can deposit their surpluses in FDs…
Credit cards have become increasingly popular due to their financial flexibility and wide spectrum of offers and discounts. Whether you want to go shopping or buy electronics, with a credit card in your wallet, you can cover any transaction while enabling you to maximise savings. However, most credit card issuers are hesitant to issue credit…
What are secured credit cards Secured credit cards are similar to unsecured credit cards with the only difference being that secured credit cards are backed by a fixed deposit (as collateral) opened with the bank. As these FD(s) are lien marked by the bank, one cannot close those FDs until he surrenders his secured credit…
Hemant Shukla, a middle class employee, is preparing for a grand wedding for his daughter. Although he is finding himself short of funds, he does not want that to become a hindrance in the requirements and appearance of the wedding. He was evaluating various personal loans offers to fill this gap when one of his […]
What are the Costs Involved in Taking a Home Loan? application fee, processing fee, pre-payment charges, legal fee, CERSAI Charges, documentation fee etc.
