How to Decide the Bank for Home Loan

Buying a home is a big decision. Most of us take this decision once in life or max two times. Same is the case for choosing the bank to go for Home Loan. Below mentioned points are important to decide. 1. Property Listed with which Bank-Most of us take a lot of time to decide […]

KV Kamath says economy growing at 11%

The Indian economy is growing faster than the officially quoted 8%-8.5% GDP growth rate, said KV Kamath, the newly appointed chairman of Infosys Technologies. At a meet-the-press event here on Saturday, Kamath said India is actually growing at 11%-12%. Kamath said the economic data used to compute growth rates are not accurate. “As long as […]

Switch your home loan from BPLR to base rate is beneficial

How will shifting help? If you had applied for a home loan before 1 July last year and it hasn”t been renewed since then, in all likelihood, the interest on your loan is still based on BPLR. It has now been a year since the Reserve Bank of India directed banks to move from the […]

Prevent fake transaction dual factor confirmation

Every time your bank asks for an additional password to authenticate your credit card transaction, you may feel a little irritated, since it takes effort to remember and type the extra words to complete the transaction. But this extra layer of authentication actually prevents the misuse of your credit card, especially through online transactions. The […]

You need fairness exposure for your child’s education

I have investments in traditional policies, post office recurring deposits (RD), Kisan Vikas Patra (KVP), fixed deposit (FD) and Public Provident Fund (PPF). I have no loans and have my own house. I have no equity exposure and don’t have a term cover. I have health covers for R5 lakh each for my spouse, child […]