In times of need, when a personal loan is not an option, many of us have to offer collateral to the bank/credit institution to get a loan. In many of our earlier posts, we have discussed loan against gold jewellery, loan against property, loan against insurance policies and loan against financial investments (securities). Since gold, insurance… Continue Reading
Planning for retirement is one of the most important financial goals for anyone. During your working years, you need to ensure that your lifestyle does not suffer during your retirement. Here are a few tips that you can use while planning for your retirement. 1. Set a CORRECT retirement corpus target. It is not easy to… Continue Reading
As the financial year draws to a close, the hustle for tax-saving products grows stronger. The human resources department of your company is after you for proofs of tax-saving investments. Last quarter of the financial year is anyways quite hectic. You are already under so much work pressure. Amidst that you need to find time… Continue Reading
You are looking for a small loan of Rs 1 lacs for purchasing new furniture for living room of your new house. The first thing that comes to mind is a personal loan. But you are aware that personal loans are quite expensive. The interest rates can vary from 14% to 18% p.a. or even… Continue Reading
The literal meaning of Kisan Vikas Patra (KVP) is farmer development bond. This name is a misnomer because any individual could invest in this instrument and not only farmers. The proceeds of the bond may be utilized for the welfare of the farmers. This small savings instrument, in its earlier avatar, was quite popular because… Continue Reading
Managing your money involves optimising your earnings by planning your spending and investing your surpluses wisely. You can manage your spending and savings by budgeting for it and sticking to your budget. A Rupee saved is a Rupee earned. Saving involves certain amount of investment savvy for asset allocation to get optimum returns. There is… Continue Reading
The real estate sector which has gone through the sluggish sales in last couple of years has got some good reasons to cheer now. Increase in deduction on home loan interest, tax pass-through status for REITs, proposal for 100 more cities, proposal for ‘home for all’ programme, easing of FDI norms in real estate –… Continue Reading