The new fund offer of SBI Fixed Maturity Plan (FMP)-Series 81 (1157 Days) will close on March 28, 2023, while the 91-day fixed maturity plan opened on March 23, 2023 and will also close today itself. Minimum investment will...
The type of interest rate you choose can significantly impact your monthly payments and overall loan cost. This article will explore the pros and cons of fixed and variable interest rates and help you decide the best fit for...
Borrowers should prepay their loans using their annual bonuses or savings. They can also transfer the loan to another bank or NBFC offering lower rates.
Transferring home loans from one bank to another might help you lower the interest rates on a mortgage. However, borrowers should consider a few things before opting for a transfer
Tax benefit for contribution to Tier-II available under Section 80C only for government employees. All profits earned on intraday trading and delivery-based transactions taxable. No bar on giving interest-free loan to spouse
Bonds are less risky investments and are capable of giving stable returns. However, investors must carefully analyse tax rules before deciding on one.
As per the new rules, furnishing a Permanent Account Number (PAN card), KYC details, and nomination are mandatory for holders of physical securities
PML-N Leader Maryam Nawaz castigated Pakistan Tehreek-i-Insaf chairman Imran Khan for flouting the previous IMF agreement, the report said.
There are signs that the cost pressure witnessed in the last many months seems to be softening a bit for the sector, notes the latest FICCI Manufacturing Survey
From lower stamp duty to lower rate of interest on home loans, women homebuyers have several things going in their favour
After the Reserve Bank of India hiked the repo rate, many banks have increased the interest rates on recurring deposits. Here’s a comparison of some of the...
The Kotak Mahindra Bank is the latest private sector lender to raise its fixed deposit rates following a recent hike in the repo rate by the Reserve Bank of...
As home loan interest rates have risen in the recent past, we find out whether it makes sense to refinance your home loan
The Income Tax Department has launched an online calculator that helps users compare benefits under new and old tax regimes
HDFC Bank and Yes Bank have joined other banks in raising fixed deposit rates. Here’s a look at which bank is offering the best rates after the latest hike
The bank also introduced a specific tenor scheme of “400 days” (Amrit Kalash) at a Rate of Interest of 7.10 per cent from February 15
The Federal Reserve officials are expecting further increase in borrowing costs as the authorities want to bring inflation down to their 2 per cent target
Neither price appreciation, nor rental yield is impressive. The interest rate is continuously on the rise as is the equated monthly instalment. What lies in...
IDFC FIRST Bank is the latest to hike the interest rates for saving deposits after the RBI's repo rate hike. IndusInd Bank has increased the interest rates for...
Several banks are raising interest rates on fixed deposits. Here are some precautions to avoid missing out on higher interest rates, as well as some tips for...
Many borrowers may be considering a fixed interest rate loan as the recurrent interest rate hikes in the repo rate-linked consumer loans pinch their pockets....
Its overnight MCLR increased to 7.95 per cent, one-month and three-month MCLR rates to 8.10 per cent, and six-month MCLR was revised from 8.30 per cent to 8.40...
Fixed deposits are highly sought after by senior citizens as they offer the chance to receive regular cash flow with minimal risks involved.
Interest paid to friends and relative on money borrowed for house purchase, renovation and repairs can be claimed under Section 24 (b) of the Income-tax Act,...
The open-ended target maturity index fund will invest in constituents of Crisil IBX 50:50 Gilt Plus SDL Index – September 2027, which it will also track as...