Ascertaining home loan amount…how far to stretch yourself

Deepak was working in a software firm where he find his job to be satisfying and secure at least in a visible future. As soon as he reaches a saving amount of Rs. 10 lacs, he thought of buying a flat. He knew that he will not get the property of his choice in this budget...

How to Make an Estimate for insurance Requirement

In India, people understand the need and importance of getting themselves insured. But how many people actively get themselves insured and their family members? The answer is not much. Even if we realize how important it is to get an insurance policy done and save our families from any sort of financial crisis after we...

Different types of Charges and Penalties on Loans

When we take loan, it is understood that we need to pay interest. This interest is the cost of money borrowed which we account for as an expense and most important we are prepared for incurring these charges. However, we also find few other charges, when we talk to our Relationship Manager and find few...

Important Things to Know For NRIs Investing in Real Estate

NRIs have been opportunistic in stipulations of returns and investment avenues. The government frequently comes up with fresh schemes to magnetize more and more money through investments from abroad. The real estate is such a sector which always attract the attention of NRI’s. The RBI has also permitted all the non-residents who own Indian passports...

Raise Capital For Your Idea By Taking Loans From Venture Capitalists

You have the next big idea in your field of interest and are ready to put things into action, but you need capital to get the wheels rolling. If you have a feasible idea and a good plan to go with it, there are plenty of ways through which you can raise the funds you...

Important Points to Know Before Taking a Personal Loan

Availing personal loans are considered to be a convenient means for the reason of meeting up with urgent crisis with regard to cash flow. Loans are capable of securing the aspect of debt, settling bills and helps to provide great support in case of unanticipated financial exigency. Personal loans are availed for numerous reasons among...

Right of Wife to Get 50% Share in Husband’s Property After Divorce

Are you carrying the burden of stringent relationships with your spouse? It is always better to address the issues to each other in a congenial way, discuss the solutions out of the situation and better settle on the right track. Why I am advising you to deal with the situation and try to live happily...

Reasons for Rejections in Case of a Business Loan

Whenever we think of starting a business or expansions, business loan comes as an ready alternatives. Trouble-free and simple financing methods provided by various financial institutions such as banks have made process of commencing a business quite easy. It is a known actuality that a hefty sum is a necessity for the purpose of setting...

What is a Multi Level Marketing and How Does it Work

During the epoch of last two decades, multi level marketing (MLM) has come a long way and has impacted the lives of hundreds and thousands of people. Few of them have earned lucratively while the list of people who have lost their money is much bigger than the earners. This is the essence of multi...

What Is Flat Rate Of Interest? Is It Good or Bad?

Often while taking a loan, Relationship Managers quotes flat rate of interest. Now it is important to know that what is flat rate of interest and how it is different from reducing rate of interest. Let us understand this Flat rate of interest. There are known to exist two diverse kind of interest rates and...