Schematic of the Home Loan Disbursement Process
In the following infographic, we have provided a step-by-step guide regarding the various steps that follow after you have submitted your home loan application with the financial institution.
Banks to charge Rs. 150 after 4 transactions
In a bid to encourage cashless transactions banks will now start charging a cash transaction fee after a certain threshold of transactions is reached. A minimum of Rs. 150 per transaction will be charged after allowing 4 free transactions in a month. ICICI, Axis and HDFC Bank have already announced the revised charges while other […]
5 Leading Public Sector Education Loan Options
When planning for higher studies, the high cost of education both domestic and overseas can be a cause for concern. It is at times like this that an education loan may act as the rescuer. As the world becomes increasingly competitive and higher education becomes a necessity, there are education loan options aplenty. The following […]
All you need to know about the New Honda City
Honda City, one of the most successful sedans in India, is back! The revamped Honda City has received subtle cosmetic upgrades and has already got the market going. The facelift, which was launched on 14th February, replaces the 4th generation City that was launched in Jan 2014. The new model is touted to give Maruti […]
Buy a Car or Book a Cab?
The advent of app-based cab services has revolutionised the way people travel. There are several cost benefits that can be availed when using cab-based services as you can travel through the heavy city traffic at reasonable costs, without facing the hassles of driving, parking and related inconveniences. However, does the availability of app-based cab hailing […]
RBI May Authorize Banks to Fix Service Charges
In order to encourage cashless transactions, Reserve Bank of India (RBI) is thinking about offering banks the liberty to decide service charges for transactions. On Friday, Santosh Kumar Gangwar, Minister of State in the Finance Ministry, confirmed the same in Lok Sabha. RBI has already deregulated interest rates on credit cards dues. There are […]
5 Simple Car Loan Tips
Buying a car nowadays has become more of a necessity than luxury, but if you are a first time buyer, then doing a little research and getting a suitable deal according to your needs can make your car-buying experience more delightful. Your first car will always be special for you, but it’s important to choose […]
2-Minute Guide to the Education Loan Subsidy Scheme
The rising cost of education is one of the biggest roadblocks for students today. Especially for students from underprivileged backgrounds, higher education is often beyond their financial means. In order to improve the availability of higher education to less fortunate yet meritorious students, the government has introduced the education loan subsidy scheme. Scheme Objective […]
Current Account Withdrawal Limits Removed by RBI
Subsequent to demonetisation, RBI had implemented a withdrawal limits on all savings and current accounts. Currently, these limits stood at Rs. 24,000 per week for savings accounts and Rs. 1 lakh per week for current accounts. Now the RBI has announced that the Rs.1 lakh per month limit on Current Accounts has been removed with […]
All You Need to Know About Hybrid Cars
Considering the growing pollution concerns, the move towards hybrid cars is inevitable. Noticing this trend, several car manufacturers are now offering environment-friendly hybrid versions of their popular models. Add to it, the government is also doing it s bit in promoting the use of hybrid cars. For instance, special deals are offered by the government […]