Owning an automobile is a matter of pride and necessity in India. Many opt for it even if their finances fall short through Car Loans. Lenders also allow repayment in equated monthly instalments for convenience. But the one mistake most buyers make is reducing EMIs by stretching the tenure.

It seems like the best option considering the reduced monthly burden. But you end up making more in the process. The Car Loan interest rates get influenced by the tenure you choose. The shorter the…

Housing is a necessity for everyone, whether they are rich or poor. It helps you feel secure in all situations and empowers you to lead an independent life. You avoid paying rent to landlords and homeowners for occupying their flats. When the Indian Government is focusing on Housing for All, why go elsewhere?

The Pradhan Mantri Awas Yojana initiative launched in June 2015 aims at providing…

In India, owning a house is more than just having a property. It makes you feel proud, secure and a symbol of financial stability. Moreover, when it is your first home, you are excited about it and satisfied to achieve a goal. Nowadays, most are seeking to invest in residential property instead of living in rented houses as tenants.

The Pradhan Mantri Awas Yojana was introduced by the…

Different technological changes have revamped the way banks connect with their end-users and even with one another. Online Banking is an arrangement offered by banks and financial institutions that allows you to open a Bank Account and operate other such banking facilities digitally. You need not visit their bank's branch office for every service.

Also, not all account holders get permission for Digital Banking. You should use the registered customer ID and password to log into your…

All individuals wish to own a car, house, some jewellery, and other assets. They can use these at the time of financial emergencies and fulfil their needs in that period. Owning a car defines the status of a person and offers lots of convenience in mobility.

People save lots of time which they otherwise waste in waiting for public transport to arrive. They can shop freely without worrying about the baggage load.

Since the rates of four-wheelers are on the rise, many families…

Before you purchase a four-wheeler, you tend to research the type of vehicle and model you seek to buy. Apart from researching the model, buyers need to check on the financing options. Instead of investing your entire savings on the four-wheeler or taking funds from relatives, what buyers can consider is taking out car loans from banks and other financial institutes. It prevents them from being dependent on another person. The loan will be their liability and can repay them over…

The year 2015 brought along several reforms at a national level. The Indian Government introduced many attractive schemes to take India to the next stage. One such scheme launched by the Narendra Modi-led Government was the Pradhan Mantri Awas Yojana. This futuristic scheme has gained popularity for all the right reasons. But before applying, here are some facts you should be aware of.

Introduced to build a developed India

While the Indian economy has improved considerably over…

When you move abroad to pursue your career or higher education, you are left with income sources in your home country and overseas. Many banks and financial institutions offer bank accounts, investment options, and loan facilities to encourage foreign remittance. One such provision includes availing of home loans in your resident country.

It allows you to purchase a house back home with the borrowed amount. You can apply for the same online without visiting India. The procedure…

The purchase of a car involves many finances, and citizens who belong to the working class may not have the money to handle purchasing a vehicle. Gone are the times when only the rich and elite could afford to buy a car. Individuals who wish to buy a vehicle can opt for a car loan.

A car loan is a loan product that financial institutions provide to individuals who wish to purchase a car. A car loan is like any other loan product. In a car loan, the financial institution will provide…

Getting quality education is essential in today's competitive employment scenario, which has increased the demand for foreign studies among aspiring students. If you are one of them and lack the funds needed, an education loan for abroad studies offers financial assistance. It opens a pathway for your dreams of a prosperous future to take flight.

If you plan to pursue your higher studies overseas, it is the right option for you. It allows you to fulfil your aspiration through your…

The digital revolution has had a profound impact on industries all over the world. The use of technology in daily operations has progressed to the point that anything you need is accessible at the touch of a button. Millennials live in a new, fast-paced world and are similarly goal-oriented. Technology has aided them in achieving their objectives and has inspired them to strive for even greater heights.

To fulfil their dreams, interests, and hobbies, Gen Y has seen a change in…

Cash crunches can happen anytime and come to anyone at any point. There could be immediate fund requirements for bearing the medical expenses,or there could be a shortage of funds for your child’s wedding. Adding some additional money to your cash flow is the need of the time. Thankfully, some lenders provide us options for funding our short-term needs. But remember, these are loans only for short-term requirements. They could prove to be costly.

Let us learn about the types of loan…

Higher education is a boon and necessary for students these days. Since there are plenty of opportunities to pursue it, you also require funds to fulfil your dreams. As a parent, you can approach several banks and lending institutions for attractive loan schemes and financial aid. They will help you pay for your child’s academic expenses without affecting your savings.

An education loan is necessary for you to fund your studies without depending on your parents for money. You need to…

The government introduced a 'Housing for all by 2022' program called the Pradhan Mantri Awas Yojana in 2015. This project aims to provide a sustainable living to millions of citizens in India, mainly residing in poor conditions or kutcha houses. It has a mission of building around 20 million homes by the end of the scheme.

You can register yourself on the PMAY official site to avail of its benefits if you want to own a pucca home. It helps in the form of interest subsidy for…

Four-wheelers are a vehicle for many, but a passion for some while it is a necessity for many others. Cars are considered a significant investment for many of us after real estates. Buying vehicles is exciting and needs many efforts like researching for finding the best vehicle within your budget, financing options to consider, the add-ons for your car, etc. Of all the steps one puts, financing the vehicle is very important.

Vehicles are always expensive, so being aware of factors to…

Have you ever checked and compared your 4-wheeler insurance quotes online? If you have, you will come across premiums that differ across different plans. Additionally, car insurance prices are different when you buy from an agent or broker and when you buy online, directly from the insurance provider's website. Have you thought about why there is a difference in the rates?

Buying policies online always cost less, and that is why most of you prefer online shopping. The same holds true…