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How to Get a Mortgage with Bad CreditA mortgage loan is given against the mortgage of a residential or commercial property. If you own land or property, then you could mortgage it with the lender to raise funds. The property's market value is assessed and the loan is given as a certain percentage of the property's current market value. This could range anywhere from 40% to 60% the current market value.This product is a secured loan since the loan is secured against your p

How to Link Aadhaar Card with the PAN CardAccording to the Supreme Court ruling, it is mandatory for the taxpayers to link the Aadhar Card with the PAN Card and the deadline was set at 30th June. With the deadline already having expired, many might have failed to link the two documents. Have you not yet linked? You can relax! The date is further extended. Here are the procedures how you can link your Aadhaar card with the PAN card. How to link Aadhaar and PAN?

Impact of GSTBeing hailed as the biggest tax reform in India, the GST rollout is expected to redefine the entire tax system across all sectors. Unifying all taxes under one tax as ‘Goods and Services Tax', is truly a revolutionary step aimed to curb the impact of inflation on basic commodities. The GST slabs are fixed at 0%, 5%, 12%, 18% and 28%.Let's get a glimpse of how GST impacts real estate, automobile, personal loans and credit cards, and shopping. Impa

What is a Home Equity Loan?Owning a house is the best asset one can possess. A house is an asset which can be used to support various financial needs. For situations like college education fees, house renovation and repairing, medical bill payment or any major requirements, your property can act as a solution. Home Equity Loan allows you to borrow a considerable amount of money against the value of your residence. This is a secured loan as the lender can get back the loan

Common Reasons Medical Billing Claims Get RejectedThe denial or rejection of your medical billing claims can be quite disappointing. Despite the excellent work done by the medical billers, your claim may still be rejected for the reasons which might not have even occurred to you.What are the common reasons that lead to the rejection and how can you make it certain that your claim gets through? Here are the answers.Failing to file the claim within the

Things you must know before agreeing to be a guarantor for a loanIf a friend or a relative asks you to be a guarantor for a loan, it is hard to break free from the obligation.  However, before agreeing to be a guarantor, it is safe to know the terms, conditions, and responsibilities.A guarantor on a loan is the person who pledges to repay the loan to the lender if the principle borrower defaults. Lenders usually insist on a guarantor when the borrowing amount is high

Tax Implications for Property Sellers and BuyersWhile it could be capital gains for a person who sells his property and an investment for the buyer, the both parties must know about the taxes that are levied on the sale of the property. The taxes are borne both by the buyer and the seller. Let us look at what are the taxes involved in a property sale and how can you claim tax exemptions.Capital Gains TaxThis tax is to be paid by the seller on the capital gai

Linking Aadhar Card to the Bank AccountAadhar Card has been made compulsory so that everyone benefits from the schemes implemented by the Government. To take it a step further, it is now mandatory to link your Aadhar Card to your Bank account to get subsidies and benefits directly from the government without having to go through several manual processes. This will also enable the Government to identify the needy.Have you not yet linked your Aadhar Card to your

Unhappy with your health insurance?Most of the health insurances have complicated terms and conditions and extreme care needs to be exercised before choosing a health policy. If you fail to pay extra attention, it might bring you hideous surprises from the insurance company. If you are unhappy with your health insurance policy, here are some steps to help you out.Free-Look PeriodYou have read the fine print of your insurance policy and you feel this product

What is a Balance Transfer?A balance transfer on a car loan allows you to review your debt obligations as per your budget. However, you need to be aware that there is a fee associated with the balance transfer. If you are looking to cut cost on your current car loan, then you can consider going for a balance transfer. This allows you to take advantage of lower interest rates and bring down the total cost of your EMI.Keep an eye out for offers on car loan balance transfers

Best Investment Banks in IndiaLet's start with the basics. What is an Investment Bank? An investment bank is basically a financial company that provides a range of services from investment, financial advisory, underwriting, research, trading, raising capital, issuance of shares and bonds, to recommendations and advisory on mergers and acquisitions. They are involved where large amount of money is involved.Who are the clients of Investment Banks?Typically, th

Income Tax deduction for interest on Home LoanBuying a house is a dream for most Indians and if it happens to be your first home, it makes it more special. Affordable housing and home loans have helped many Indians realise their dreams of owning a house.There are other schemes through which first home buyers can benefit such as section 80E allows tax benefits for first time buyers. The interest paid for home loans can be claimed till the entire home loan amount is repaid

All you need to know about the SBI new rule changesThe State Bank of India, post the consolidation of its associate banks which include the state banks of Bikaner & Jaipur, Hyderabad, Mysore, Patiala, Travancore and the Bharatiya Mahila Bank became one of the largest banks globally. Following what is considered as the first major merger in the Indian banking sector, the SBI has issued new rule changes in its services which would come into effect the first of April 2017.

SBI Education Loan Interest RateThe number of students opting for higher education abroad has increased exponentially in the past few years. There is also a drastic increase in the number of students opting for education loans both in India and abroad due to the increase in the education expenses.SBI offers a range of education loan products depending on the country, institute, co-borrower details, collateral security offered and the academic background of the student.

The Indian government cares about each one of its citizens. As a result, the government has set up various beneficial loan schemes to help differently-abled citizens. The main objective of these loan schemes is to enable the economic empowerment of physically challenged people.

Flexi Personal LoanA personal loan could help you in times of need. It is a hassle-free loan product offered by banks and other non-banking financial institutions. Being a collateral-free loan, it is one of the most sought-after loans in the market, despite its high interest rates. What is a flexi personal loan?Simply put, a flexi loan is an overdraft facility offered by banks to its loyal customers. It is a pre-approved cash limit that can be withdrawn when

Pre-Approved Personal Loan – All you need to knowA personal loan is a simple short-term loan which could be used for any legitimate purpose. You won't be required to pledge any form of collateral or security. It can be used to meet immediate personal expenses like a medical emergency, a sudden loss of job, to fund your wedding or higher studies, and finally, it can also be used as a capital for business or to consolidate debt.A personal loan has several advantages inclu

Digitization has seen tremendous changes in the Indian college scenario. Students carrying their laptops with them to college is now commonly seen in colleges across India, irrespective of their study discipline. Laptops are slowly replacing the traditional method of taking notes in books.

Income tax benefits on Personal LoanPersonal Loans are unsecured loans, which is ideal for situations when you need funds but don't have an asset to pledge as security. Generally, a personal loan is not taxable, as loans are not considered a part of your income when you are filing your IT returns.However, the personal loan must be from a valid source like a bank or other financial institution as loans from unknown sources may be considered as income while computing your t

How to improve Credit with Personal LoansThere are a lot of myths circulating in the Internet about how to improve your credit score. One of the most common myth is this—you need to get yourself into debt if you want to improve your credit score.  A good credit score can help you get approved for a home loan, auto loan or a personal loan. Your credit score will also influence the interest rate you pay on your loans. Lenders generally look for a credit score of 750

Axis Bank Personal LoanWhat is a personal loan?A personal loan is a simple short-term loan which could come handy during times of emergency like a sudden loss of job, to fund a wedding or higher education, to revitalize your business or to even cater to personal needs. Added benefit of a personal loan is that you won't be required to pledge any form of collateral or security.A personal loan has several advantages including relatively simple documentation, no