PNB Gen-Next Housing Finance Scheme

Young salaried employees are target customers for all the banks. Therefore, you can expect them to come with schemes to lure such prospects to their fold. The core idea behind such products is to offer such customers principal moratorium for a few years (since they may not be able to afford the full EMI). The… Continue Reading

ICICI Bank Extraa Home Loan – Our Review

In an earlier post, I had talked about ICICI Bank Step-up Home Loan, where the applicants could get higher loan eligibility than regular home loans due to moratorium on principal repayment for a few years. However, the limitation with Step-up loan was that the maximum age was capped at 40 years, the loan tenure was… Continue Reading

ICICI Bank Step-Up Home Loan Product – A Review

Almost everyone plans to purchase a house sooner or later. For those who want to purchase their house early in their professional career, affordability of the home loan can be a serious issue. Your salary grows over a period of time. Your non-discretionary expenses such as rent, groceries, utility bills, school fees for kids etc.… Continue Reading

Credit Card against Bank Fixed Deposit

You do not like taking credit and avoided any loans and credit cards thus far.  You would pay cash or use your debit card/net banking to make payments rather than using a credit card. Its a matter of choice. And a prudent financial habit too. Non-usage of credit cards takes away the possibility of overspending… Continue Reading

ICICI Bank Home Safe Plus — A Review

When it comes to financial planning, everyone wants to leave behind an asset for their families. Nobody wants to leave behind a liability. And when it comes to your house, you want to ensure that your family inherits your house and not your home loan. Repayment of a home loan is a long term activity.… Continue Reading