Fri, Dec 01, 2023
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Thu, Nov 30, 2023
Wed, Nov 29, 2023
Mon, Aug 14, 2023
Just like any other investment option, mutual funds also come with their own set of risks. It’s advisable to diversify your mutual fund investment portfolio across different categories of funds to mitigate risks.
Loan defaults can lower the borrowers' credit score, further affecting their financial credibility and making it difficult to avail new loans in the future. Many borrowers are often confused whether they can get a new loan after defaulting on an existing loan.
While some products like fixed deposits offer a fixed rate of returns, a few others like equity shares offer a market-linked rate of return. You should choose the investment option based on your investment goal and risk appetite.
When it comes to investing, the real estate and stock market options often perplex aspiring investors. While real estate may seem prudent, India's stock markets comparatively offer better liquidity, safety, and returns. Dive into the complexities of both avenues to make an informed choice for your financial goals.
Online lending apps have attracted significant attention over the past couple of years over their dubious loan terms, illegal loan recovery practices and other fraudulent practices. If the app is not on the whitelist or is present on the banned list, avoid it at all costs.
Sat, Aug 12, 2023
In the dynamic world of personal finance, the need for a robust financial safety net has never been more evident. An emergency fund is a powerful shield against the unexpected, providing a crucial lifeline during turbulent times.
Pending EMI payments can lower a borrower’s credit score. This means that the person will be less likely to get loans and credit cards at favourable interest rates in the future.
Under the new conditions, which came into effect on August 12, Flipkart Axis Bank Credit Card transactions at e-commerce brand Myntra will be eligible for 1.5 per cent cashback, instead of 5 per cent.
Health insurance premiums are normally higher for senior citizens. Another thing to consider is deductibles or money paid by the policyholder before the insurer provides the money.
Consumers need to take a look at their spending habits to understand if a co-branded credit card is the best option for them. The next step is to look for a card that is best suited to their expenditure patterns and demands.
As stated by SEBI, banks hold the right to analyse the credit limits of customers based on their spending and repayment data and further offer to increase or decrease the credit limit, depending on the case.
Fri, Aug 11, 2023
EPFO calculates the interest on a monthly basis, while the accrued amount is deposited into the account at the end of the fiscal year. Currently, the rate of interest on EPF deposits is 8.15 per cent per annum for the financial year 2022-23.
There are certain criteria that must be met for EPF withdrawal. If a person is without work for over a month, they can withdraw 75 per cent of their accumulated EPF amount.
If you are applying for a withdrawal from your Employees' Provident Fund (EPF) account, your claim could be rejected for multiple reasons. It’s important to submit all necessary documents and update your KYC details before filing the EPF claim.
Thu, Aug 10, 2023
Keep a few important factors in mind while shopping offline with your credit cards at supermarkets, retail stores or malls to ensure safe transactions and to avoid any financial losses.
Borrowers need to submit a few important documents along with their loan application. The documents required for borrowing may differ according to loan category.
The caller pretends to be a bank employee with an offer to increase the credit card limit. On this pretext, the fraudster manages to gain sensitive data of the credit card holder such as CVV, OTP and other details.
Getting a suitable car insurance plan is necessary as it provides financial security for unforeseen damages and third party liability in case of an accident. Before finalising your car insurance plan you should take a few important factors into consideration.
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