Freehold or Leasehold property – which is better
Some of you thinking to buy a property may get overwhelmed at the onset, with the idea of having to experience a lot of formalities, legal terms and procedures. A couple of these terms that we mostly hear and read are “Leasehold” and “Freehold” properties. But what do these terms mean? Are there legalities attached...
Must Read Tips to Carry Out a Sane Property Transaction
Are you looking to purchase a home? Most of the property investment decisions tend to be deeply involved and emotionally charged too, but this must not result in judgement errors. Many people opt to take professional help to take well informed decisions. Here is a quick introduction on what can be done at your end in order to...
A Basic Understanding Of All Loan Terminology: Collateral, Security And Interest
Looking to get your first loan? Feel dazzled by the use of financial terminology? Don’t worry and read on further for some basic things you need to know before borrowing money under a loan. We discuss here some terms that you will frequently come across while applying for a loan. Secured and Unsecured Loans There...
What’s, Why’s and How’s of Smart Cities in India
Cities are the main source of growth and development of any state which lead to the overall development of a nation. In India, cities constitute 31% of the national population and contribute about 68% to the GDP which is expected to be increased to 75% by 2030. Why do we need smart cities? As mentioned...
10 Financial Steps You Must Take before You Retire
In today’s world with increasing longevity, it is very important to plan for twilight years. You may have long working life, but you also need to ensure that you have enough savings to last through your post-retirement years. However, this is not a difficult task to accomplish. With careful planning, you can make sure that...
Raising Money with Loan against Gold
The practice of savings in relation to the underprivileged greatly varies when judged against the affluent sections in India. It has been observed in this regard that the wealthy are prone towards spending or employing their savings in various forms of assets whereas, the underprivileged still carry on spending their savings largely on gold. This...
Enjoy financial freedom with home saver loan
Everyone loves to live in owned house but with sharp increase in property prices in last 10 years, buying a property has become difficult for a middle class person. For such people, home loan becomes a boon to fulfill their dreams. Home loan enable a person to own a property which was beyond his reach...
Permanent Account Number (PAN) – Why is it Essential?
Permanent Account Number is a 10 digit alphanumeric number, which is issued as a laminated card, to any “individual” who applies to get it by Income Tax Department, or else to whom the IT department allots this without an application. It enables the Income Tax department to link every transaction of the “individual” with the...
Things You Want to Know Before Taking a Home Loan
Now a days, lots and lots of people are fulfilling their dream for a home with the help of with easy financing options. Home loan makes it very easy for masses to own a home. Almost all banks and various NBFCs offer home loan ranging from the period 5 to 25 years. You need to...
Short NRI’s Guide to Banking, Insurance & Investments
The article below is a short guide for all the NRI investments. Issues like Basic Banking Accounts, Insurance, Mutual Funds and Shares are discussed thoroughly. The very first and foremost step that an NRI is required to take is opening correct Banking accounts. Following are the options they have: An NRE account NRE bank account is an...
