Personal loans have gained popularity in the last few years and become a customer favourite owing to their easy disbursal process, minimal documentation, and speedy approval rates. Interest rates play a crucial role in any type of loan and decide the total cost of borrowing. Unlike other loans like education loans, home loans that have…Read More Factors That Affect Personal Loan Interest Rates & Everything You Need to Know
SIP (systematic investment plan) is a method through which people can invest in mutual funds. It is a simple plan through which one can invest a fixed amount of money at fixed intervals or variable duration of time (depending upon the type of scheme) into a mutual fund policy. Rather than putting a huge amount…Read More Here are 5 Ways How You Can Maximize Your Returns on SIPs
In a historic move, the government of India passed the Goods and Services taxes bill on 1st July 2017. It replaced multiple existing taxes imposed by state and central governments. GST in India was needed for quite some time. The first announcement of the bill was made in the 2006-2007 budget by then Union Minister. …Read More GST and Its Impact: Is The Law Good, Better, or Best?
A personal loan is an unsecured loan you can avail to address financial emergency situations like payment of medical expenses, travel costs, home renovation expenses, education fee and others. Such type of loan is approved on the basis of your creditworthiness that is measured by checking your credit score. Lenders in India check on credit…Read More Here’s All That You Need to Know About a Personal Loan for Low CIBIL Score
Are you ready to retire from the daily grind of your stressful nine to five job? How do you know that you are prepared to say goodbye to your office desk, to your co-workers and your boss once and for all? Well, there are certain parameters and benchmarks to consider in order to figure out…Read More 5 Signs That You are Ready for An Early Retirement
Investing is the smartest way to deal with surplus cash. Even for regular office-goers investing in a mutual fund scheme makes so much more sense because it increases their chances of creating wealth. Over the past years, mutual fund investment schemes have proven to fetch higher returns as compared to traditional investment options like Public…Read More How Does the 3 Year Lock-in of ELSS Compare to Other Tax Saving Instrument?
If you are someone looking for a financial product where you can invest your savings without having to devote a lot of time and energy, mutual funds are your answer. Mutual funds are a passive way to invest in the capital market, which could be equity, commonly known as stocks; or debt, known as bonds.…Read More 5 Key Benefits of Investing In Mutual Funds
Marriages are made in heaven. But the big fat Indian weddings are made with a lot of money as well. The grandeur which is being associated with weddings is the trend with people ensuring each aspect of their big day is perfect in every sense. People in our country save for years for weddings in…Read More Cover Wedding Costs with Personal Loans
Mutual funds can be an effective market-linked investment option for investors among the many available alternatives in the finance market. They offer dual advantage of generating wealth in the long run while helping to save tax. Systematic Investment Plans (SIPs) are considered as an efficient way to invest in mutual funds. They allow you to…Read More Five different types of mutual fund SIPs
Most Indians invest with two purposes in mind: build wealth for the future and save on the income tax liability. A fixed deposit is one of the most popular instruments for the first purpose – it keeps your capital safe while also guaranteeing a healthy return on investment. A variation of fixed deposit is tax-saving…Read More Difference between normal FD and tax saving FD