Ask Your Bank for a Lower Interest Rate Today!

The interest rates have been going down for over a year now. I have written many times about how banks and housing finance companies are reluctant to pass on the lower rates or move you to a more transparent interest rate regime (Base Rate to MCLR or MCLR to Repo Rate Linked loans). Even if… Continue Reading

HDFC Bank Digital Loans Against Mutual Funds

I had written a post on loan against securities earlier. However, the process always seemed a bit drawn out. It can easily take up to 5-6  days to avail the facility. HDFC Bank has come out with a loan facility — Digital Loans against Mutual Funds or Digital LAMF — where you can pledge your… Continue Reading