
Things to watch out for when taking an auto loan
If you plan to buy a new car on loan, don’t just go for a lender, which has a tie-up with the dealer. Do check other lenders before taking a loan from the bank executive sitting at the dealer’s showroom. Typically, public sector banks are slightly cheaper than private lenders. But they also tend to lend to…

Going for a gold loan? Here’s how the sharp fall in gold prices will impact borrowers
Gold prices have been on a downward spiral for some time and have slipped considerably from its lifetime highs reached last year. On MCX, gold April futures were trading Rs 44,570 per 10 grams last week, down by Rs 11,621, or around 21% lower than its record high of Rs 56,191 per 10 grams in…

Tax Saving FD vs PPF – which one is a better investment option for you?
In terms of capital protection, both PPF and tax saver FDs by post office and bank score high. Post-office term deposits come with sovereign guarantee from the Indian Government whereas bank deposits of those listed as scheduled banks by the Reserve Bank of India (RBI) are insured up to Rs 5 lakh under DICGC, an…

Want to avail a loan against property? Key things to remember
New Delhi: Businesspersons commonly use loan against property to meet their cash flow requirement. Loan against property is a secured loan against an immovable asset (property or land) as mortgage with the lender. They include a house, office, or a shop. The borrower should be the property owner, and the title should be clear. Mortgaging an asset…