ArticleField.comInternet's Fastest Growing Free Content Article DirectoryMajor public sector banks, including SBI, Punjab National Bank and Bank of Baroda, are likely to soon raise lending rates making home, auto and commercial loans expensive. As many as a dozen banks, including private sector leader ICICI Bank have already hiked their lending rate by 25 basis points in response to the tightening of […]
Have you put off buying a home because of high prices or rising interest rates? As home loan interest rates rise — and with them, the equated monthly installments — many of us are faced with the dilemma of whether we should continue in rented premises or take the plunge and buy a new home. […]
A recurring deposit (RD) allows you to put aside small sums at regular intervals. Many rarely have a lump sum in their accounts to rescue them from a financial crisis. Saving regularly enables you to plan ahead for expenses and avoid falling into high-interest debts to meet the requirements. What you should know about RD […]
Refunds will be considered income if the property is sold within five years. While buying a house, one is often that the tax benefits will be available in two sections – Section 80C (up to Rs 1 lakh) to pay principal and section 24 (up to 1.5 lakh rupees) for the payment of interests. Under […]
It’s official. We are saving less. But it is surprising given the global economic climate of the last three years or less? According to the National Register of Savings Bonds 2011, published this week, the level of our savings has declined in the last year. More worrying, however, is that 86 % of people in […]
