Loan & Finance Tips on Your Finger Tips

Do you know that Indian Postal Service also provides banking services to its customers besides their amazing postal services? Well, they do and there are various banking services that people trust on. One of those many banking services provided by them is the Post Office MIS Account where MIS stands for Monthly Income Scheme. This scheme is backed by the government of India. With the help of the Post office MIS account , an individual can invest a fixed amount of money and can get a regular monthly income with the help of earned interest on the amount. The aspect which makes it popular among the masses is the capital security as it is backed by the government. Your deposited amount will be returned back to you after the maturity of your fixed period. In this article, we will give you detailed information about the Post office MIS account and the Post office MIS interest rates. Keep reading on! What are the prominent features of the Post Office MIS Account? When an individ...

There are many players offering personal loan right now in the market. But are all of them good enough? Before applying, there are some mandatory checks you should do. Firstly, check the lender’s credibility. Second, compare the rate of interest offered by different banks - choose the one that is the lowest. Also, beware of the type of interest rate being offered to you - flat-rate interest or floating interest rate. Thirdly, know the final EMI you’ll be paying so that you can manage your monthly spends accordingly. Lastly, find out about the processing and other charges associated with the loan. Union Bank of India (UBI), one of the largest public sector banks of India, offers one such personal loan that passes all the above mentioned checks. The government owns 90% of its stake. So on the credibility front, UBI is a great bank to take a personal loan from. The interest rates on which this personal loan is given is affordable. For the convenience of the customer, Union bank provide...

Have you ever wished for something that would help you in estimating your future monthly expenses such as the EMI of your home loan? There are several home loan lenders offering attractive EMI options. Being one of the largest lenders and second-largest bank in India in terms of Market Capitalization, State Bank of India (SBI) provides world-class banking facilities to their customers. Home Loan is one of its most demanding facilities by the Indian customers because of the affordable interest rate and adaptable tenure period. Well, with the help of Home Loan Calculator SBI , you can have a correct guess of your monthly installments that you have to set aside from your total monthly expenses. By having a clear idea of the right amount beforehand, you can always plan your expenses around that and save yourself from burning off all your budget. What are the details you need to use Home Loan Calculator SBI? The usage of Home loan calculator SBI is so easy and convenient that ...

Buying or constructing a house is a capital intensive process. And it gets worse if the home loan interest rates are touching the skies. The interest rates offered by some of the banks can deter you from building or purchasing the house of your dreams. But don’t worry - Every cloud has a silver lining - State Bank of India interest rates home loan is your silver lining. State of Bank of India, one of the big guns in the banking industry, provides the lowest home loan interest rate. SBI home loan interest rates don’t seem much of a burden while paying off the home loan. Believe it or not, interest rates offered by SBI is as low as 8.50% per annum. There are some more intriguing features of the home loan interest rates that are sure to convince you to take a loan from SBI. What are some Interesting Features of SBI Home Loan Interest Rates? Low Interest Rates: Where other banks are providing interest rates higher than 9%, SBI has managed to keep it low at 8.50% to make the drea...

Among all the important categories in our country, the agriculture sector holds quite an important place. Farmers in our country often don’t believe in taking loans from the banks due to some misconception and ends up borrowing from the local lenders and non-banking sources. These loans often come at a high rate of interest and without proper documentation. To make the farmers of our country financially empowered, Kisan Credit Card (KCC) scheme was launched in 1998 to provide term loans and agricultural loans to the farmers. The KCC was established by the National Bank for Agriculture and Rural Development (NABARD) and since then, various public & private sector banks and financial institutions have been providing this credit card scheme to the needy farmers. A KCC loan scheme covers many things like the cost of cultivation, harvest and land maintenance. When farmers are less worried about the hefty interest and financial part, they can have a much better focus on the agric...

Purchasing a home is one of the most important and common dreams that a person has. But you know how expensive these dreams are. These dreams can’t be achieved without financial support. That’s why State Bank of India, the oldest public sector bank, offers a variety of home loans that will make your dreams come true soon. They have home loans designed for every need. These loans are offered at attractive interest rates which is not heavy on the pocket. Let's have a look at some of the popular SBI Home Loan products available in the market. SBI Regular Home Loan: This home loan product is the most sought after product by the home buyers. It is a full package with affordable interest rates that caters to all the needs of people seeking home loans. This loan comes at interest rates as low as 8.55%. In case you want to prepay your loan, there are no penalty charges levied. SBI gives women an interest concession under this loan. SBI Flexi Pay Home Loan: This home loan is tai...

Does your frequency of traveling by public transport modes fall on the lower side? Do you mostly use your private vehicle whether it’s your bike, car or any other vehicle? And have you also been looking for a credit card which could compliment your spending behavior on fuel in a month? State Bank of India (SBI) has realized this need of the hour and acted upon it by launching the BPCL SBI Credit Card after cooperating with one of the leading fuel companies of India which is BPCL. This SBI Credit Card will satisfy all the fuel-related needs of the customer and helps them in saving a lot of their money on every month. Keeping its focus primarily on the fuel spends, this credit card from SBI also helps individuals in getting attractive offers and reward points on spends they make other than the fuel like grocery and dining. Reward point upto 13 times on the fuel spends at BPCL Fuel stations and 5 times reward points on other retail spends make this card a perfect choice for the custom...

When it comes to opening a savings bank account, most of us end up taking the first offer that the bank makes - the minimum account balance option. Under this, a monthly minimum balance needs to be maintained by customers. If not done, non-maintenance charges will be levied by the bank. If you are finding it extremely sweating to maintain the monthly balance and want to dodge these charges, the best way to do is apply for the SBI Zero Balance Account. Anyone can open a saving bank account by submitting their KYC documents. State Bank provides five different options of zero balance account to its customers. Adding more to the glory of the SBI zero balance account is the attractive interest rates it provides you on your savings. What are some of the Attractive Features of the SBI Zero Balance Account?   No Minimum Balance Required: It is quite evident from the name of SBI zero balance account that it demands no minimum balance requirement. Thus, you are free from the charges that...

If you have pinned on Axis Bank to fulfill your home dream, you better get an idea of how much you are likely to pay on the loan? A correct summation will help you live peacefully when the loan repayment kicks in. At the same time, one must know the loan amount he is eligible for. To ease your worry, there’s that Axis Bank Home Loan Calculator you should use. As you can get the calculator online, you can start using it to feel comfortable regarding your home loan. The article below portrays the role of the calculator in a simple manner. So, keep reading the same and service the home loan dues with comfort.  Axis Bank Home Loan Calculator - A Multi-Faceted Device The home loan calculator computes the loan amount you are eligible for, the EMI payable to the loan as well as a break-up of the repayment. The loan eligibility can be calculated using the Axis Bank Home Loan Eligibility Calculator. You just need to share a few basic details about income, the company where you wo...

Indian people prefer safety over anything when it is regarding their hard-earned money. And when it comes to the security and safety of the money, then nothing can beat the facility of a savings account in a bank as it is the oldest and safest mode of saving money. By having a savings account in the bank, an individual doesn’t have to think much about the money over there and most importantly, you can get a hefty amount of liquidity and returns at the same time. It’s highly unlikely that one doesn't have a savings account in today’s time. It is both a necessity and a privilege which makes this service of savings account this amazing. When it comes to the facility of Saving account, almost all the leading Indian banks provide the service of Savings Bank account, whether they are public sector or private sector banks. But one should always look for one thing before having a savings account in any of the banks. Now you must be wondering what is this thing that we all must keep a...

Getting a credit card in your pocket these days is too much easy for an individual as every leading Indian Bank and Financial institution is providing the facility of credit cards to their customers with various reward points structure, cashback offers and some other amazing features made according to your needs. Credit Cards give you the much needed financial backing in this fast-paced life. But the options are so abundant that choosing the right kind of credit card which perfectly suits all your spending habits and financial needs is a pretty daunting task in itself. The offers are so lucrative that most of the time, people fall for it without giving heed to their actual needs. So it’s important that while choosing the right credit card for you, look at all the features closely and then decide about it. HSBC is one of the leading private banks of India that also provide the facility of Credit Cards to the customers. Having served over 40 million customers since its inception, ...

Before we have a tendency to dive deep into the matter, let’s get our basics straight. By that I mean, let’s perceive what NAV stands for and what it's truly. NAV could be a well-liked abbreviation, that fund managers and investors are always get uninterested in. It stands for internet plus worth. It represents a fund’s per unit market price. So, once the investor desires to buy units of a fund, they need to do so at the rife NAV. It's the value at which investors buy units from fund houses or AMCs (Asset Management Companies) and also at which they sell back units to them. So, to buy an IDFC Mutual Fund unit, you’ll have to do so at its NAV. What is the IDFC Mutual Fund NAV Formula? IDFC investment company NAV calculation isn't some reasonably rocket science. it's straightforward and very simple to undertake. Infact, you'll be able to creack it once you’re done reading this text. IDFC calculates the NAV of the theme by dividing the overall assets of ...