Loan & Finance Tips on Your Finger Tips

Canfin Homes Limited is a renowned housing finance company backed by the state-owned lender Canara Bank. Over the years, it has been able to increase its visibility in India with 154 branches spread over 100 cities across the country. Recognizing the growing need of home ownership amongst individuals, the housing finance company has been offering a custom suite of home loans to ensure one gets his/her own home to stay and enjoy the luxuries that come with the same. However, before choosing Canfin Home Loan , one must be clear with every single aspect pertaining to the same.  For What Purposes Can You Get a Home Loan from Canfin Homes? Canfin Homes provides home loans for several purposes such as the purchase of an already built house, flats or flats under construction. You can get a loan to extend, repair, renovate the existing housing unit. In case you already have a home loan running somewhere but the interest rate and other terms are not found to be good, you can swit...

A lot of questions start hovering around in our head, when we think of taking a personal loan. How much EMI will I be paying every month? How long will I have to pay the EMIs? What is the interest amount that I’ll be paying? How much percentage of my salary will the EMI payment be? And, the list goes on and on. Only one thing can answer all of these questions - the Personal Loan EMI Calculator . Knowing the EMI is the only way all your doubts and queries can be resolved. Once you have the EMI payment that you have to make every month, everything starts making sense. Now you will know how to go about your after-loan life, where to spend and where no to. Basically, it helps you plan better. The only way to determine your EMI is the Personal Loan EMI Calculator. I mean you can calculate it by yourself, but it involves complex calculations which can lead to errors. Why Should You Use the Personal Loan EMI Calculator? Facilitates Planning: If you know the EMI value well-in-advance, ...

If you learn how to manage credit cards, congratulations, you’ve learnt 80-90% of the management skills. Very few of us do on-point management of credit cards. By that I mean, knowing your credit limit, buying what’s necessary and paying the bill before the due date. As I said, it’s a matter of few, most of us mess it up. Now how do you clear this mess? The answer you’re looking for is, Balance Transfer Credit Cards. What are Balance Transfer Credit Cards?    A time comes in your life when you find hard to pay the bills on your existing credit card due to high interest rates and penalty charges on them. This is where a Balance Transfer Credit Card can help you. What it does is transfer the balance of your old credit card onto itself and pay off your former credit card due. Now you don’t have to deal with those excruciating interest rates and other charges. Balance Transfer Card offers you a low interest rate which you can pay off your credit card bill easily.  What Ben...

With the increase in Internet penetration in India, the usage of credit cards are growing remarkably as people’s aspirations have gone up due to easy access of international goods. No matter how much the cost of the iphone is, they still want to own the latest one. EMI options on credit card has given the India populace the purchasing power to own anything they want by making small monthly payments. Banks also has superb offers on these credit cards that rewards the customers with cashbacks and exciting gifts. However, there are a zillion credit card options in the market but not every credit card is great in terms of offers and rewards. Before you apply for a credit card, you should always know what you want to derive out of that credit card. Whether you want it for shopping, travel or dining needs: you should be clear about that. Because all credit cards come are tailor made to fit some need and you can make the most out of it only if you use it for that need. Let’s discuss some b...

Bank of Baroda (BOB) has shown tremendous growth over the years in terms of brand identity and market capitalization also. No public sector bank has had a major transformation like the Bank of Baroda. It has grown to be one of the most distinguished public sector banks in India. Some months back, Bank of Baroda acquired Vijaya Bank and Dena Bank, taking itself a notch up in terms of market capitalization. This merger has brought Bank of Baroda as the third largest lender after SBI and ICICI Bank. Being one of the popular lenders in India, Bank of Baroda has designed a host of lending options for the convenience of the Indian customers. One such product is the BOB Credit Card . It comes with a host of benefits with exceptional reward structure that will make you want to use the card more often. Bank of Baroda has present four different variants in the credit card category. Before we unravel the four variants, let’s discuss the benefits you can derive from these cre...

DCB Bank is slowly emerging as the medium by which people like you can fulfill their long-standing wishes such as a home. The bank has recognized the hassles associated with a rental accommodation one can face. To keep the hassles away, DCB Bank makes it a point to offer home loans that help individuals buy, construct, renovate or extend a housing unit. The loan comes at interest rates that can greatly define the outflow of money. These rates are set based on the income, repayment capacity and credit score of individuals. So, you may ask, what is DCB Bank Home Loan Interest Rate and how can it impact your living. The answer to the same is given in this article. So, keep reading. DCB Bank Home Loan Interest Rate 2019 DCB Bank offers home loans at interest rates ranging from 10.48%-18% per annum. Apart from the income, repayment capacity and credit score , the bank could also consider the loan amount before setting the interest rate. After all, the quantum of finance repre...

You must have felt a little bit hesitant when a banking official offers you a credit card. It’s because you know that you’ll end up spending more than you earn. Eventually, leading to default in credit card bill payment . Only if you are confident that you can manage your credit card expenses and pay the bills on time, then only take one. You’ll end up paying excruciating amounts of interest rates if regular default in credit card payment is made. You’ll be shocked to know that the interest rate on credit card can go upto 30% per annum, which is maximum in the case of any lending product. Upon this, you also have to pay late payment charges. Thus, credit cards can be beneficial or a wreck depending on how you manage it. What are the Challenges you may Face due to Delay in Credit Card Payment? Card Blocked : If you don’t make the time in the stipulated time frame offered by the banks, the banks block your card, restricting you from the usage of the rest...