As the repo rate cut by the Reserve Bank of India (RBI) and shift to a new interest regime coincide, it’s decision-making season for home loan borrowers. Loan experts show the way to go.
Today, if you want to pay someone, you need to add him as beneficiary. You need the IFSC code, A/C no, branch etc. The RBI app does away with all this.
If you have defaulted on a loan, the rules don't give lenders a complete walkover. Here's what to bear in mind if you find yourself in such a situation.
While MCLR will automatically apply to new loans, existing borrowers can choose to switch to the new methodology after paying a fee.
Before initiating claim proceeds, you need to study the terms of coverage and exclusions in the policy.
With falling interest rates, long-term gilts may generate good returns. Here’s how you should invest in them.
Foreign lenders have taken the top three slots on the customer satisfaction rating chart.
The UIDAI number, or Aadhaar, now has statutory backing. ET tells you where all the Aadhaar comes in handy in the financial world.
HSBC tops the list of 12 large Indian banks with a customer satisfaction score of 76, with Standard Chartered and Citibank close on its heels at 74 and 73 respectively.
You can claim the cost incurred for certain procedures carried out at home, but be aware of the limitations.
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