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All about Second Hand Car Loans

There are many reasons why you will buy a second hand car (or used or a pre-owned). For instance:
a) You cannot afford the cost of a new car.
b) A second hand car is cheaper due to pre-loaded insurance and road tax.
c) You can fulfil your

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Bank Locker Insurance

Do you have a Bank Locker Insurance?
With your jewellery and valuables inside your bank locker you can have a goodnight sleep. Well that is what you think so? However, one gets to read about safe locker thefts frequently and who knows your safety

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Advantages and disadvantages of bank lockers

Bank lockers are one of the safest options to keep your jewelry and important papers safe. Safe lockers are made of high quality thick steel plates with screws fitted on them making it difficult for robbers to break open. But do you know what are

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Tips for Hiring a Locker

We all know that keeping articles safe in a bank locker is the best possible way to keep your assets secured. But how to hire a safe locker that’s just right for you? What are the tips for hiring a locker? Though banks do

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What are the RBI Guidelines on Bank Lockers?

Do you think you really can have a sound sleep thinking your valuables are secured in safe deposit lockers? Well not really. The notification issued by the Reserve Bank of India or RBI on bank lockers clarifies that bank locker hirer in
India is

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What are ULIP returns and why should I invest in ULIP?

The performance of various ULIPs or Unit Linked Insurance Plans, with reference to growth of units, depends on market forces as also the efficient management of investments by the appointed fund managers. Due to the ups and downs in the market based on demand/supply

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What is ULIP or Unit Linked Investment Plan?

ULIP or Unit Linked Investment Plan is a combination of insurance and investment. A portion of the premium paid by the policyholder is utilised to provide insurance coverage to the policyholder, while the remaining portion is invested in equity and debt instruments. The aggregate

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What are Associated ULIP charges?

Your ULIP policy may come with additional associated charges. Please read the terms and conditions carefully before opting for ULIP. These charges could be :

Premium allocation fee

The charge is imposed beforehand on the premium amount. It is a percentage of

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Home Loan Complaints – Grievance and Redressal of NBFCs Home Loans

The RBI has made it mandatory for all NBFCs (Non Banking Financial Companies) to have a grievance redressal officer, whose name and contact details have to be mandatorily displayed in the premises of the NBFCs. Aggrieved borrowers who have home loan complaints can approach

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NBFC Home Loan Interest Rates

Below are the Lending Rates and Interest Rates of NBFC (Non Banking Financial Companies)
MCLR
RBI governs the lending rates in India for financial transactions by financial institutions. Earlier, RBI used to decide the base rate and all FIs would follow that rate

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Features and Home Loan eligibility from an NBFC

Home Loan Eligibility
NBFCs (Non Banking Financial Companies) base their home loan elgibility criteria on the borrower’s profile, which is defined by the following:

Age
Monthly income (gross and take home)
Spouse’s income
Assets and liabilities
Stability of occupation
No. of dependents
Savings

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Home Loan Insurance from NBFCs

Almost all NBFCs (Non Banking Financial Companies) insist on insurance cover on the property mortgaged for a home loan, to deal with unforeseen calamities (fire, earthquake, floods, etc.). In fact, borrowers who avail a home loan against property mortgaged to the NBFC should also go in for life

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Bank with Care

Even if you have deposited cash with your bank in the prescribed format, with a valid counter-foil, there can be a freak chance that the money may not appear in your account. Therefore it is important to keep one’s guard up with every

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Insuring against Tsunami

In the wake of the recent tsunami that hit Japan and the 2004 tsunami that devastated the coastal areas of India, a question has arisen- if an insurance coverage is available in India? However, in India tsunami’s has been reported as far back as

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Hallmarking of Gold

Hallmarking of GoldWhy You Must Look for It
Gold is a precious metal held dear across the world. It is a wonderful ornament to wear as well as a hedge against inflation and falling markets. Gold can also be liquidated easily. However, it is

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Gemstones: Fortune or Business Creator

Gemstones: Fortune or Business creator

Yellow Sapphire (Pokhraj) for prosperity, Neelam for wealth and Gomeda for job. These are the few characteristics of the gemstones which are seen as an important part of the astrology. Today, astrology, not only have continued to sway the

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Operational Guidelines: How to use a Travel Card

Travel cards give you freedom from carrying cash on an international trip, however there are some operational guidelines of how to use a travel card. What all dos and don’ts to follow on a foreign land so that the memories that are carried back

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Travel Cards: All FAQs answered

Consumer VOICE experts compared 8 travel cards on basis of cross country transactions, issuance fee and other parameters to list the best travel card.

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FEMA Act 1999 or Foreign Exchange Management Act, 1999 (FEMA)

The Foreign Exchange Management Act, 1999 popularly known as FEMA Act 1999, is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly

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Credit Card Features

There are various types of credit cards when you apply for credit card and you are offered one based on your needs and repayment power. Before submitting your credit card application, understanding the credit card features will not only help you choose the best credit card but also enable you to

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Types of Credit Card Frauds

If you are a credit card owner there is a chance that you may be subject to credit card frauds like thousands of others around the world. Use of credit cards around the world has increased over the years. Online payments and electronic transfers

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Credit card tips for smart users

A credit card offers unlimited financial freedom. But as all freedom, a credit card too comes with its own set of responsibilities. If used responsibly, a credit card can be a very effective financial tool. Whether you are a first timer or not,

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Things credit card companies do not want you to know

You and your credit card are inseparable. Right from paying for your groceries, to your child’s school fees or for your movie tickets or flight bookings, credit cards are no longer a status symbol but a necessity. As a result we have enslaved ourselves

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Recovery of Guarantor Loans

Have you ever opted for guarantor loan? Do you think your friends and family will stand by you if you go for a guarantor loan? Well they probably would have refused a few years back but now becoming a loan guarantor is safe and secured. Taking guarantor personal

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Verification

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