A certain amount of interest income is exempt from income tax for all taxpayers. The bank adds up the interest amount from all your accounts across its branches to check if it crosses the exemption limit. When this exemption limit is crossed, the financial institution deducts tax against your PAN and deposits it with the…
Loan against property allows you to pledge your property as collateral to borrow funds against it. Being a secured loan, the interest rates offered on these loans is usually lower than the rates offered on its unsecured alternatives such as personal loan. Also, with its tenure going up to 15-20 years, loan against property can…
RuPay is the domestic payment network of India that offers secure and phishing-free environment for making payments. Like other international payment networks, Visa and MasterCard, RuPay offers a range of credit card variants that give cardholders the option to choose a card as per their needs and requirements. RuPay credit cardholders also get a number of deals and offers to make its use more convenient.
A strong credit score can help get loans and credit cards approved easily and may also reduce your overall cost of credit when credit is required in future. Thus it becomes imperative to build and maintain a high credit score. It is a myth that you cannot have a credit score without a loan. You…
