Paying with a credit card is simple, right? Yes, because we’ve been doing it since the emergence of the era of the internet. A credit card enables cardholders to borrow funds that can be instantly used at a time of crisis. However, if one doesn’t have the proper knowledge of the usage, he might fall… Continue Reading »
Home loan EMIs play a vital role in deciding if a housing loan is affordable or not. However, it must be noted that several factors tend to influence EMIs and in turn influence a borrower’s repayment capability. For example, loan amount, interest rate, tenor, applicant’s eligibility, prepayment of the advance, etc. influence instalment amount to… Continue Reading »
The present economic scenario where income has taken a backseat for a majority of Indians, most are on the lookout for ways to improvise their financial planning. Under such circumstances, prudent measures undertaken to cut down on expenses or increase monthly savings will be instrumental in providing immediate liquidity reliefs. One such scope of financial… Continue Reading »
As per reports compiled in 2019, FY 2018 recorded around Rs.25,000 crore being disbursed every month in loans by major Indian financial institutions. Among these, home loans recorded a substantial growth, which comes to an average of 3.5% per quarter. With an increasing number of individuals now availing housing credits, it is essential to understand… Continue Reading »
Loan against property is among the most viable choices of obtaining credit which is highly secured. Unlike the unsecured personal loans with exorbitant interest rates, the guaranteed option of a loan against property provides feasible interest rates through property submission. For example, NBFC platforms such as PNB Housing Finance provide loans at competitive interest rates… Continue Reading »
Getting married is a significant milestone in an individual’s life and in India, it is celebrated with pomp and flair. Today, with trends like pre-wedding photoshoots, destination weddings and personalisation of customs, weddings are larger than life and expenses amount to a significant sum. Fortunately, personal loans for weddings from lenders like Bajaj Finserv help… Continue Reading »
No matter how careful you are about your savings, there may be instances when your funds are drained, and you want some assistance to tide you over. At times like these, many people lean towards the idea of borrowing money from friends and relatives. But a delay in payment can sour your relationships and the… Continue Reading »
CAs often overlook the need to take a break from the monotonous professional life. Life in the professional front can be quite busy and stressful for such individuals. Hence, spending time with the family/friends and going on vacation with them is a recreation most CAs long for. To revive and rejuvenate, going out on a… Continue Reading »
With highly-compensated roles in investment banking, private equity, and corporate finance, finance is one of the most sought after careers. Among mid-level roles in finance, chartered accountancy is amongst highly-coveted roles in finance. Similarly, several other roles are equally popular and command good compensation in return. If you’re a finance graduate, these roles are your… Continue Reading »
SIP or Systematic Investment Plan There are many acronyms and jargons in the financial planning and investing arena. The most common one made popular by financial planners is SIP or Systematic Investment Plan. SIP is the monthly investment into a collective investment vehicle such as a mutual fund. The purpose of an SIP is to… Continue Reading »
