Personal loan: There are not many borrowing options available when you have to raise money for something as discretionary as travelling. So, the only feasible and viable option that one can avail is to raise a personal loan ...
Personal loan: There is a limit to the amount of personal loan that one can raise, which could typically be up to 20 times the net monthly income of borrower ...
The newly-launched fixed deposit (FD) scheme launched by Jana Small Finance Bank -- Liquid Plus Fixed Deposit scheme -- offers 6.75% interest per annum across tenures i.e., 7 days to 180 days ...
Credit cards are a significant revenue source for banks through interest charges, merchant fees, and marketing tie-ups. Users should know various fees and choose cards that align with their financial needs.
The Employees Provident Fund Organisation (EPFO) has issued a circular detailing allotment of funds for the year 2024-25 towards welfare activities. The total budget for the year is 13.10 crore, out of which 74.37 lakh belong to holiday homes ...
Investors often fall prey to biases that hinder effective wealth creation, such as fear of loss, greed, and herd mentality. These biases lead to poor investment choices, like avoiding equities and overvaluing physical assets. Professional guidance .. ...
Credit cards are essential for financial management, especially for beginners. They offer cash flow management and rewards on daily expenses. A few beginner-friendly cards include options with cashback and lounge access features to help build credit ...
PPF is a secure investment with tax benefits and a 7.10% interest rate. New rules identify multiple accounts as irregular, merging balances into one primary account. NRIs can only maintain existing PPF accounts until maturity; otherwise, they will be ...
Personal Loans: If you are planning to raise a loan, remember that the limit of loan can vary widely. However, the maximum limit is usually a multiplier of your monthly income. This effectively means higher your monthly income, higher the amount of . ...
Choosing the right mutual fund involves more than past performance. Investors should focus on portfolio goals, fund management strategies, and the manager's expertise. Awareness of global trends and personal biases is crucial for effective investment ...