Home Loan Tax Benefits 2019

For most young professionals, buying a house tops the list of priorities. Even those who do not believe real estate makes for a good investment, do not have second thoughts about purchasing a house to stay in. Not only does it give you the comfort of living in own house, it also provides financial security… Continue Reading

Should You Buy a Second House Using Home Loan?

Real estate is expensive in India, at least in major cities. It is difficult to purchase a house without a loan. And it takes many years to repay the loan. Despite all this difficulty, the desire for house does not end here. For the fortunate few who have been able to purchase their first house,… Continue Reading

Converting Credit Card Outstanding into EMIs

Recently, I got a promotional email from a bank to convert credit card outstanding to EMIs. The EMI amount will be added to the credit card statement every month. I have discussed such deal structures in much greater detail in an earlier post. However, there have been a few interesting developments in the payments space that such… Continue Reading

What Is the Ideal Age to Take a Home Loan?

Most of us don’t have the luxury to purchase a house without a home loan. So, if you plan to purchase a house, you have to take a home loan at some point during your working years. A question that may cross your mind, “What is the ideal age to take a home loan?” Should… Continue Reading

HDFC Bank Two Wheeler Loan

In many of our earlier posts, we have considered big ticket loans (car loans, home loans etc). However, those starting their professional careers or those who have just stepped out of college may not really be looking for such big-ticket loans. They may be looking for much smaller loans to purchase products for lifestyle, convenience… Continue Reading

Car Loan Products from SBI — An Overview

For many of us, achieving our dream of owning a car may require some financial assistance in the form of a car loan. And when it comes to loans, no other bank evokes as much trust as the State Bank of India. In this post, we will look at various car loan products from SBI.… Continue Reading

How Debit Card EMI Works?

Recently, I watched an ad from Flipkart about Debit Card EMI. This sounded a bit strange to me. Typically, you would associate EMI with a credit card or a loan. Getting a credit card is not always easy. Your credit card application can get rejected for various reasons. A bad credit score is a common… Continue Reading