Loan & Finance Tips on Your Finger Tips

HDFC is one of the prominent names in the asset management space by offering a wide range of mutual fund schemes attuned to meet the specific needs of investors. Someone eyeing wealth creation over the long-term can opt for the equity funds that the fund house has to offer. On the other hand, conservative investors wanting a regular flow of income can trust the top-performing debt funds of this asset management company (AMC). And there are hybrid funds that live up to the expectations of investors having both aggressive and conservative instincts. So, which are the top-performing HDFC Mutual Fund Schemes available right now? Let’s find them out in this post. HDFC Equity Mutual Funds These equity funds look to appreciate the growth of your capital by investing in equity and equity-related instruments of companies. HDFC Small Cap Fund As the name suggests, the fund invests in stocks of companies ranked after the top 250 companies according to market capitalization. As...

Need for extra funds can crop at any point of time. Going with regular loans for meeting short  term expenses is an expensive option. What other options are we left with? There is one where you pay low interest rates and meet your short-term financial needs with ease. The Overdraft Facility in SBI let’s you do that. This is an overdraft facility provided by the State Bank Of India. Under this facility, you can withdraw or use more money than you have on your account up to a certain permissible limit. So, whether you want more funds to make your travel experience better or need some urgent funds for some unforeseen wedding expenses, the Overdraft facility in SBI has your back. The interest rate you pay is fairly cheaper than regular loans. What are the Features of SBI Overdraft Facility Against Term Deposits? The Overdraft Loan provided by SBI is secured in nature. This means that in order to avail the overdraft facility the individual needs to submit a collateral. The secu...

This is the price at which investors buy or sell the units of BlackRock mutual fund scheme. So obviously, it is highly relevant because it indicates the number of fund units an investor will receive. But some investors often mistake NAV for the share price. They think both work the same way. New investors think that they have got a good deal when they buy fund units at lower NAV. But this doesn’t make sense. It makes sense in the case of stocks as you get a bargain deal there. It is hard to judge whether a fund is expensive or cheap by its NAV; or its performance also. However, if a particular DSP fund is consistently performing well, then the NAV can be used as an indicator to gauge the fund’s performance.  if you want to judge the return of DSP mutual fund scheme, do it by the return it has provided over the years rather than judging it by its NAV. How DSP Mutual Fund Nav Calculation is Done? NAV is an acronym for Net Asset Value. If you would’ve eavesdropped on a conv...

Managing home loan EMIs can be very tricky, sometimes. This generally happens when you are not aware about how much EMI you have to pay. Home loan EMIs take away a major chunk of you salary. So, it is very important to know how much your EMI is going to be basis which you can plan out your expenses and savings per month. Home loan monthly installments are affected mainly by three factors: the loan amount you desire, interest rates and repayment tenure of the loan. Any movement in these factors can increase or decrease your monthly payments. Keeping in mind these three variables, Oriental Bank of Commerce has developed a home loan calculator that helps a borrower determine the EMI they’ll have to pay. Before we discuss how this home loan calculator works, let’s explore how the above mentioned factors affect your EMIs. What are the factors that affect the OBC Home Loan EMIs? Loan amount: If you desire a higher loan amount for constructing or purchasing your house, your EMIs a...

Take a personal loan from SBI, the 2 largest public sector bank in India to meet your urgent need of money. You can use the borrowed loan amount for any medical emergency, wedding expenses or any other purpose, because it is an unsecured loan and non-payment of the loan may lead to high debts. SBI personal loan interest rates are attractive and starting from 10.55%, you can use the SBI personal loan EMI calculator to know the total payable interest of your loan. Know more about the loan calculator device in the given article. Personal loan EMI Calculator by SBI to know your loan installments SBI provides you a tool which is known as an EMI calculator that helps you in calculating the monthly installments of your borrowed loan amount. You just need to enter the loan details like borrowed amount, interest rate and your loan payment duration inside the SBI personal loan EMI calculator . The loan EMI calculator works on the formula  [P x R x (1+R)^N]/[(1+R)^N-1] and generates th...

SBI not only provides home loan services to the common salaried and self-employed people, but also to the government employees.  So if you are working in a government sector or in Indian Army/Navy and looking for a home loan to finance your property or house at an attractive rate of interest, then you must choose SBI Bank as your home loan provider.  Because it provides a beneficial SBI Home Loan for government employees . Read this article to know about the home loan schemes provided to the government workers and its benefits. Type Of SBI Home Loan schemes for government employees SBI Privilege Home Loan: You can avail the benefit of a lower interest rate up to 0.05% on your Home Loan card if you choose the SBI Privilege Home Loan, because the government has extended the check-off facility by collaborating with the SBI Bank. The home loan interest rate is 8.70% per annum for women government workers and 9.10% for the other government employees working in PSB, PSU and go...

PNB Housing Finance is one of the leading housing finance companies that let individuals take the home loan at affordable rates. The most important thing that an individual must need to keep an eye on is the EMI amount that he has to pay while repaying the loan amount within the period. People who do not take this factor seriously end up burning off their monthly budget because of the fact that they didn’t calculate the EMI amount beforehand. With the help of the PNB Home Loan EMI calculator, you can get an estimate about the EMI amount so that you can prepare for it and consequently, manage your budget accordingly. What makes the PNB Housing Loan facility as one of the best is the PNB HFL Home Loan Interest Rates . Due to the affordable rate of interest, individuals find it more preferable compared to other home loan options. In this article, we will be telling you about how to use the PNB HFL Home Loan EMI Calculator , details that you need to have, and some prominent features ...

Mutual fund is an investment for the future, you can invest the asset (money/cash) according to your risk level and experience. Reliance is a well known AMC that provides you mutual fund schemes by which you can gain high returns on your investments. You must have studied the scheme carefully, and know about the Reliance mutual fund NAV of your scheme. NAV is the net asset value of the per-unit fund which helps in determining the performance of the fund in the market. Reliance mutual funds invest in various equity, debt and money market instruments but debt-oriented mutual fund provides you regular income. Read the given article to know about the NAV of the Reliance mutual fund schemes. Reliance mutual fund NAV of the top-performing debt-oriented funds Reliance Gilt Securities Fund : This reliance mutual fund debt-oriented scheme seeks to generate risk-free credit returns through investing in a portfolio of securities that are issued by the Central and State Government. The one y...

Citibank offers a host of attractive credit cards that strike a chord with shoppers almost instantly. One such is Citi Cashback Credit Card that stays true to its name by offering a flurry of cashback on your spends. Be it the purchase of movie tickets, bill payment or any other, the card gives you cashback at applicable rates. The card also offers cashback redemption, besides several other avenues. Let’s take a tour of Citibank Citi Cashback Credit Card in this post. Citibank Citi Cashback Credit Card Offers The card is studded with impressive offers that you can see below. Earn 5% cashback on purchasing movie tickets and paying telephone & utility bills Enjoy 0.5% cashback on all other spends Automatic redemption of cashback to the account in multiples of ₹500 Convert big purchases into easy Equated Monthly Installments (EMIs) Limited Period Offers The card is flush with the following limited period offers. PayTM Movies Offer Buy 2 movie tickets for t...

Finance your house or property with Indiabulls Housing Finance Limited for a lower rate of interest on your home loans. Indiabulls Home Loan Interest Rates are starting from 8.80% to 12.00% and after the RBI repo rate cuts, the MCLR of Indiabulls is 5.15%. It provide you home loans at both fixed and floating rate of interest, you can choose the interest rate according to your repayment capacity and suitability. Read this article to know about the Indiabulls housing loans and the benefits of the lower home loan interest rates. Details of the Indiabulls Home loan Indiabulls offers you home loans to buy a house, property, plot, and for home renovation and extension, etc. Your house or property acts as a security to your borrowed loan amount so that they can sell your house or property to recover their loan amount. It provides you home loan with a longer repayment duration up to 20 years. Indiabulls provide you more benefits like Instant approval with e-home loan, lower home loan rat...

If you want to manage the high expenses of your wedding, education, foreign vacation or any other medical emergency then you can apply for IDFC Bank Personal Loans. It provides you a loan amount up to INR 20 lakh with the lowest starting rate of interest on your loan amount. You can pay the borrowed loan amount in 3 to 60 months through equated monthly loan installments (EMI), calculate your loan installments using IDFC Bank Personal Loan EMI Calculator . Read the given article to know more about the IDFC Bank Personal Loan Interest Rates and other benefits of the loan. Details of the IDFC Bank personal loan IDFC Bank provides you personal loans to satisfy your urgent requirement of money, you can borrow your desired loan amount ranging from INR 1 to 20 lac. The IDFC Bank Personal Loan Interest Rates is ranging from 11.69% to 15.00%, rate of interest of IDFC personal loan is fixed, and is charged on a monthly reducing basis. You can estimate your loan EMIs using the IDFC Bank Pe...

Do you usually go to your office by car or bike? Have you ever wanted a card that could give you rewards on your fuel spends? Well, worry not because, with the help of Citibank Indian Oil Platinum Credit Card, you can enjoy all these privileges and many other offers on all your spendings. Citibank is one of the leading private sector banks of our country that provides a wide range of impeccable banking services to its customers such as personal loans, home loans, etc. Citibank Indian Oil Platinum Credit card is one of the most preferred products among the customers. Loaded with features like savings on fuel bills, turbo points on every fuel transaction, flexible reward redemption program, and many other things, this card is a perfect choice for those who want to save a huge chunk of their money on the daily commute. In this article, we will be telling you about all the features and benefits of this Citibank credit card that you can enjoy and its fees and charges. So without any...