PF NEWS LOANS
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October 14, 2022, Friday
Select lender that will offer amount needed to buy chosen property
While you should evaluate festive offers, criteria like ease of prepayment are also crucial
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October 06, 2022, Thursday
Not just car, get a good deal on auto loan as well, advise experts
Besides discount, look for free warranty, insurance and accessories to lower purchase cost
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September 23, 2022, Friday
Applying for a digital loan? Stick to loan apps on RBI's white list
The name of the bank or NBFC on whose behalf the app lends should be mentioned on the former's website
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September 01, 2022, Thursday
Loans against sovereign gold bonds may help reduce borrowing cost: Experts
There's a five-year lock-in on SGBs and thereafter you may have to sell them at a discount, hence borrow
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August 09, 2022, Tuesday
Parents' income, child's record count in getting education loan: Experts
Students joining a professional course at a top-notch college will find it easier to get approval
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June 18, 2022, Saturday
Defer, reschedule or switch loan if EMIs have increased: Experts
Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender
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June 07, 2022, Tuesday
Keep recovery agents at bay by working out repayment terms with lender
In extreme situations, file injunction suit against the latter to prevent it from taking coercive steps
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April 15, 2022, Friday
Gold loan: Low-cost option and credit score no bar, say experts
If the price of gold plunges, a borrower can be asked to put up additional collateral
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February 17, 2022, Thursday
Minor rise in interest rates won't impact home loan demand: Deepak Parekh
Says rates are at historic lows now; a housing loan is a long-term loan during which rates move up and down and a customer who ...
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January 14, 2022, Friday
With interest rate hikes likely in 2022, keep loan-to-value at minimum
Don't opt for a fixed-rate home loan even though rates have hit the bottom
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December 06, 2021, Monday
Balance transfer your personal loan only if interest gap is 0.5-1% or more
The pre-closure penalty usually ranges from 1 to 5 per cent of the principal outstanding amount
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October 20, 2021, Wednesday
Forget Squid Game, here are some strategies to get out of debt in real life
The most-expensive-debt first approach is cost-effective, while debt snowball has been found to be the most successful
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September 24, 2021, Friday
Check net savings before you transfer home loan balance: Experts
When selecting the new lender, understand the conditions attached to prepayment
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September 03, 2021, Friday
Studying abroad? How to choose the right lender type for an education loan
There are several other factors to consider apart from the interest rate, such as moratorium, collateral and quantum of
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August 05, 2021, Thursday
Stick to regulated entities for short-term personal loans: Analysts
Avoid online platforms that charge exorbitant interest rates
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July 08, 2021, Thursday
Debt cut strategies useful for borrowers but they come at a cost
Loan restructuring and moratorium increase interest outgo
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May 28, 2021, Friday
Term plan-backed home loan protects your family from repayment burden
The group life cover offered by banks could be your second option if you are unable to get a term plan due to health-related ...
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May 05, 2021, Wednesday
Covid-19 second wave: Should you avail of RBI's relief on loan repayment?
If you opt for restructuring, your interest cost will rise and there could be other charges
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May 01, 2021, Saturday
State Bank of India slashes home loan interest rates by 25 bps to 6.7%
By February 2021, SBI's home loan portfolio reached Rs 5 trillion-mark
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April 27, 2021, Tuesday
Personal loans: Keep your EMIs at less than 50% of your after-tax pay
If you are thinking of availing of a personal loan, here are some steps you can take to improve your chances of getting it
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October 09, 2022, Sunday
Use data on education loan defaults to rank courses
Information on default rates of specific courses and institutions should be made available to the public. Students could use it ...
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September 30, 2022, Friday
Prepay home loan to tackle 190-bps rise in repo rate since May: Experts
If you don't have a surplus, opt for higher EMI rather than longer tenor
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September 09, 2022, Friday
Term plan works better for covering home loan liability, say experts
Home loan protection plan may only cover accidental death, which could leave the borrower's nominees exposed
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August 26, 2022, Friday
Personal retail loan disbursements rise 42% at end-March 2022: Study
Personal retail loan disbursements recorded an impressive growth of 42 per cent from March 2021 to March 2022, reflecting an ...
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August 06, 2022, Saturday
After rate hike, ask your lender to increase home loan EMI, not tenure
A 50-bps hike on a Rs 50 lakh loan of 20-year tenure would increase the EMI by Rs 1,545
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June 08, 2022, Wednesday
EMIs to soar: Here's how much repo rate hike will pinch home loan borrowers
RBI's repo rate hike spells bad news for those who were looking to buy a home and also for those who are paying their EMIs
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April 15, 2022, Friday
Find out why your credit report shows a loan you don't remember taking
Loans can be issued to you both legally and fraudulently. So if there's a suspicious entry in your credit report, get to the ...
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March 26, 2022, Saturday
Renegotiate home loan terms after borrower's death, say analysts
If heir provides guarantees, lender may ease repayment schedule
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January 18, 2022, Tuesday
Take a home loan before March 31 to avail benefit under section 80EEA
A key positive of this deduction is that you don't have to wait until possession to begin claiming it
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January 03, 2022, Monday
Higher interest rates, limited tenures drive used-car loan EMIs up
Consider top-up home loan and personal loan; they are cheaper and you could get 100% financing
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November 25, 2021, Thursday
Exercise due diligence, avoid digital lenders that make borrowing too easy
The absence of due process-KYC, issuance of sanction letter and loan agreement-should act as red flags
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September 30, 2021, Thursday
Prevent auto-debit failures by registering once again, say experts
If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c
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September 16, 2021, Thursday
SBI cuts home loan interest rate to 6.7%, waives processing fees
SBI announces festive bonanza for home buyers
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August 31, 2021, Tuesday
P2P lending is for those with a high risk appetite, say analysts
Limit lending amount and diversify among borrowers
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July 31, 2021, Saturday
SBI announces 100% waiver on home loan processing fee till Aug 31
The country's largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on home loans till ...
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June 18, 2021, Friday
Need an overseas study loan? It is easier to get one from a global lender
The hitch is that they are in foreign currency and carry an exchange risk in case you want to work in India
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May 13, 2021, Thursday
Not getting personal loan to manage an emergency? Offer collateral
Starting a fixed deposit may make a bank more willing to offer you a credit card
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May 04, 2021, Tuesday
Home loan: Go with a lender charging lower risk premium, say experts
While benchmark rate can change any time, spread changes only in rare instances
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May 01, 2021, Saturday
State Bank of India reduces home loan interest rates to 6.7%
Women borrowers to get a special concession of 5 bps
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April 20, 2021, Tuesday
Cash-strapped patients with Covid-19 infection can consider loans
In a health emergency, speed of disbursement is more important than cost
