Personal Line of Credit: Explained

What is RERA: Everything You Need to Know About RERA Act

India’s position as a high-potential market has made regulation a necessity. With real estate booming even in tier-2 and tier-3 cities, India is on its way to becoming a...Read More

How to rebuild credit after bankruptcy?

Bankruptcy is a legal procedure for individuals or businesses to get out of debt. Filing for bankruptcy in India typically involves two types of proceedings: a Liquidation...Read More

Should You Go For Cash Credit or Overdraft?

Capital is an essential factor that impacts your business’s smooth functioning. While you can procure money through various sources, two of the most popular short-term...Read More

Places to visit in December holidays 2022

Want to end this year by spending a vacation with your loved ones? The Christmas and New Year season is one of the busiest seasons for tourists. The promise of a warm December is...Read More

TV shows to learn about Money, Finance & Business

Want the insider’s perspective on finance and business? You will be surprised by how much you can learn from finance-related movies and TV shows. From elaborate money scams...Read More

Movies to improve your financial knowledge

In 2021, Hollywood executives announced they were making a film on the Reddit GameStop short squeeze. What would interest Hollywood bigshots in such a niche finance topic? Well,...Read More

Cheaper Retail Loans from SBI, Bank cuts SBAR

State Bank of India (SBI) has reduced its benchmark rate State Bank Advance Rate (SBAR) by 0.25 per cent, from 12.75 per cent to 12.50 per cent, with effect from February 16,...Read More

Credit Card Balance Transfer: Is It Really Attractive?

How does balance transfer work?

Today all banks try to induce potential customers to switch from one credit card to another by offering balance transfer that too at a...Read More

Bad Credit Personal Loan

Can you avail a personal loan with bad credit?

Availing a personal loan is the most difficult task for someone with bad credit. Actually it is an adverse situation to be...Read More

RBI to reduce Risk Weightage on Education Loan

The Reserve Bank of India (RBI) is set to reduce risk weightage on educational loans to 75 per cent from 125 per cent. This means that more funds will be made available at banks...Read More

Pre-registration & Pre-delivery check list

Once you have decided on the car model that you want to buy, there are a few things that you need to keep in mind before you drive away in it. Ideally, you should have two checks...Read More

Document checklist for a new Car

Car loans require very few documents when compared to other types of loans. They can be classified into three categories: documents supporting your identity, your residence, and...Read More

Charges applicable before and after the Personal Loan

Very often we fail to read the fine print in a loan document. The real cost of your personal loan is visible only when you factor in numerous other charges levied. If you intend...Read More

Car Loan: Application Process

Once you have zeroed in on the car that you want to purchase, the next step is to apply for a car loan. There is a lot less paperwork involved than a home loan since the bank does...Read More

Lending Rates to Reduce, says economists

A rate cut is widely expected after the Reserve Bank of India (RBI) credit policy meeting in April 2008. Economists say that the interest rates are likely to be reduce after the...Read More

Repco, NHB tie up to provide Housing Microfinance

National Housing bank has tied up with Repco Foundation for Micro Credit to disburse micro-housing loans on a pilot basis in five districts in Tamil Nadu. The housing loans will...Read More

German Realty Firm, Hochtief set to enter India Construction Industry

Hochtief, Germany's largest construction company, is set to enter the Indian construction industry in a partnership with Bangalore-based realty major RMZ Corp. Hochtief is a...Read More

GE Money looking for Strategic Business Partner for Personal Mortgage Loan Segments

GE Money India is seeking a strategic partner for its credit card business, trying to replicate its business model with the State Bank of India (SBI). Its partner in the joint...Read More

Canara Bank launches Reverse Mortgage Loan; Canara Jeevan

Canara Bank has introduced 'Canara Jeevan', a reverse mortgage loan scheme for senior citizens. Banks such as State Bank of India, Punjab National Bank and Dewan Housing Finance...Read More

Statement and Verification as Required under Section 192 of the Income Tax Act read with Rule 26B of the Income Tax Rules

Rental Income in respect of House Property located at.........................(give full address) received from...................................................(give details of...Read More

Canara, Allahabad Bank Reduce Home Loan, Education Loan Interest Rates

Canara Bank, Corporation Bank, and Allahabad Bank cut home loan interest rates, leaving the Prime Lending Rate (PLR) unchanged. With effect from February 7 2008, Canara Bank will...Read More

Central Bank to Keep Home Loan, Education Loan Interest Rates Unchanged

Central Bank, a public sector bank, has announced that it will not reduce interest rates on home and education loans. The step was taken is in spite of other state-run banks like...Read More

How Much Personal Loan Can I Get?

How much personal loan can you get?

Banks provide personal loans based on the income of the individual. Banks normally provide the loan that is up to 2 - 3 times the...Read More

Check out the Top 7 banks offering the best personal loan

These rates range around 10.50% to 21.00% for most banks in India such as the ICICI bank personal loan that provides loans for tenure of one to five...Read More

What is Sub-Prime Mortgage?

You know a word has entered into the popular lexicon when they leave the preserves of blue chip investment banking offices and become the stuff that people in the Mumbai local...Read More

Banks set to lower deposit rates

After facing a margin squeeze for nearly three quarters with the rise in interest expenditure outpacing the increase in interest income, banks are now facing pressure to reduce...Read More

Do you need to show proof of Income for Loan Against Property?

Property is generally among the first assets people acquire. But, compared to other assets like say, stocks, it's relatively illiquid, and poses a bit of a problem when you need...Read More

SBP to offer Online Education Loan Application

State Bank of Patiala (SBP) is offering online education loan facility under SBP-Gyan Jyoti Scheme. The application will be acknowledged by the bank's centralised cell at the Head...Read More

SBH cuts NRE Deposits Rate

State Bank of Hyderabad (SBH) has reduced the rate of interest on Non-Resident External (NRE) term deposits. The interest rates on deposits for the period of one year to less than...Read More

Registration to be Mandatory for Recovery Agencies

Maharashtra government plans to make registration compulsory for recovery agencies following the complaints against methods of recovery deployed by the agents. The government is...Read More

Nitesh Estates bags Church Land deal in Chennai

Bangalore-based real estate and construction player, Nitesh Estates has bagged the Rs. 642-crore worth church property in the heart of Chennai city. Touted as the costliest land...Read More

Vipul to set up 109 acre Integrated Township in Ludhiana

Gurgaon based real estate developer Vipul Group is coming up with a 400-crore worth mega housing project in Ferozepur, Ludhiana spread across 109 acres. Vipul World, as it is...Read More

Deutsche Bank picks up 5% stake in HCC’s Lavasa Project

Deutsche Bank Singapore has managed a 5 per cent stake in a realty project near Pune. Lavasa Corporation, as this project is called is being promoted by Hindustan Construction...Read More

Deutsche gets NBFC Licence

The Reserve Bank of India (RBI) has granted Germany's Deutsche Bank permission to set up a non-banking finance company (NBFC) to undertake consumer finance business. Deutsche Bank...Read More

Which bank offers a Pre-approved Personal loan in just 3-clicks ?

Here we have discussed everything you need to know about the Bank of Baroda personal loan, which offers pre-approved personal loans in just 3-clicks....Read More

RBI to Check Loans Sanctioned by PNB

The Reserve Bank of India (RBI) has directed the Punjab National Bank (PNB) to furnish the details of loan accounts sanctioned between April 1, 2005, and March 31, 2007. In a...Read More

Tata Motors launches new Safari range

Tata Motors has launched new Safari Dicor 2.2 VTT range in Mumbai. The Safari Dicor 2.2 VTT range starts from Rs 7.50 lakh (ex-showroom Mumbai) with an enhanced warranty of two...Read More

Co-operative Banks may Reduce Lending Rates for Home Loans after Credit Policy Announcement

With most public and private sector banks having reduced the lending rate on retail loans, urban co-operative banks are expected to follow their lead. The co-operative banks are...Read More

SBI to Offer Reverse Mortgage Loans

State Bank of India plans to launch SBI Reverse Mortgage Loan on October 12th 2007. This product focuses senior citizens, above the age of 60 years. They can get a loan against...Read More

Assam Government Employees to Get Cheaper Home Loans

The government of Assam has signed a memorandum of understanding (MoU) with Punjab National Bank (PNB) and Assam Gramin Vikas Bank (AGVB) to give housing loans at concessional...Read More

Credit Card Statement Made Easy

Your monthly credit card statement is the best document that will help you understand your monthly spending and also help keep a check on it if it is not in line with your budget....Read More

Banks and Recovery Agents: People we all love to hate

The media seems to have been taken over by reports about the high handed and illegal behavior of recovery agents trying to recover money on behalf of their banking clients. Apart...Read More

ICICI Bank says Floating Rate will spur Car Loan off-take

ICICI Bank is hopeful that its recently introduced floating rate car loan will help reverse the slowing car loan market ahead of the festive season. "I feel that customers who...Read More

AICTE to take Action against Unapproved Universities

The All India Council for Technical Education (AICTE) has announced that all unapproved institutes in the country, which includes many leading ones, will be closed soon. AICTE had...Read More