The Reserve Bank of India (RBI) softened its stand on the monetary policy after two years with a 50 basis points cut in the cash reserve ratio (CRR) in the third quarter monetary policy review this week. The RBI has increased the key interest rates several times in the last ... Read More

It may look more attractive as you only pay interest component of EMI for the partially disbursed loan, but can be more expensive in the long run. Nashik-based Sirish Lokhande, 43, is planning to buy a house, but is facing a serious dilemma. He wants to take a loan for a ... Read More

Hi All, Today, again I come up with one more interesting and important topic – how to manage your home loan elegantly, so that you can get high "returns" in the form of saving on interest outflow. As a fund manager of the house, one has to find ways to maximize the ... Read More

Dual rate home loans are back — albeit with some minor difference. ICICI Bank set the ball rolling by launching home loans with the option of having a fixed rate for the first year or the first two years, with the fixed rate for one year being 10.5% to 11.5%, ... Read More

Repayment of a home loan is made through equated monthly installments (EMIs). EMIs are the fixed installments a borrower needs to pay over the tenure of the loan to repay the debt as well the related interest. Usually, the EMIs remain constant over the tenure of the loan. The loan amount ... Read More

During the last few months of a financial year we see people making last moment impulse decisions to invest in tax saving instruments and in the process they may end up buying products which are not right for them. Tax planning should be done a few months in advance as it ... Read More

Compiled and written by Vijayalakshmi. Hi everyone…  Am back again with a very interesting and important topic which is essential for a property buyer, that too if he/she is buying for the first time. Property related terms normally confuse many… Buying property and choosing the correct housing option for ourselves can be confusing ... Read More

Hi there!! We are back with some valuable tips about property investment along with appreciation in capital and rental returns a property investment can give a buyer protection against inflation. Like gold, real estate tends to retain its intrinsic value. On the positive side, unlike gold, it is possible to earn ... Read More

Hi you all!!  No Surpises , Credits & Debits have become part & parcel of our Fast Paced Life ,This time Around our new gyan is concerned with your credit report. Now you don’t really have to visit banks in order to get your Credit reports .. The Credit Information Bureau (India) ... Read More

Let this simple calculation speak about your EMIs !!! Hey today am planning to give you  some  gyan about EMIs, which become a part of our fast life In house finance, equated monthly installment (EMI) refers to the monthly payment towards interest and principal made by a borrower to a lender.EMI is ... Read More