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IDBI Bank currently offers an interest rate of 4% per annum for savings bank accounts.  The rate is subject to change at any time.IDBI Bank Interest rate on savings accountMost banks, including IDBI Bank, offer an interest rate of 4% p.a. on savings bank accounts. Earlier, the RBI had laid down a uniform interest rate on savings accounts for all banks which meant that there was no difference in the amount you earned as interest, regardless of which bank

Air conditioners are no longer seen as an expensive luxury. Unlike 15 or 20 years ago, we have become accustomed to working in air conditioned offices, shopping in air conditioned malls, and watching movies in air conditioned multiplexes. It is only natural to want the same comfort at home as well. The problem is not everyone has ready extra cash to fund these kinds of more expensive household products and need to look for an ‘air conditioner loan’! If you want to buy an AC, you c

Our homes are more than four walls and a roof above our head. It's where we relax, refresh and rejuvenate with our loved and dear ones. Did you know that you can now upgrade your home with the latest appliances without paying for it out of your pocket?

With the mercury rising steadily in summer, it is natural to long for some air conditioned comfort at home. It is simple to apply online for a loan for an air conditioner online, without leaving your home in the summer heat. A consumer durable loan covers the purchase of household products including air conditioners. Many banks and NBFCs (Non-Banking Financial Companies) allow you to apply for a consumer durable

Yes, it is possible to get a loan to buy an air conditioner. With the mercury rising every day, summer is the time most people long for an air conditioning unit at home to make life a little more bearable. After a hard day’s work at the office, followed by a stressful commute home, having an air conditioner at home can seem like a necessity rather than a luxury!  However, not everyone has ready cash to spare to buy an air conditioner – however urgent the requirement.

As the full heat of summer bears down, thoughts automatically move towards buying an air conditioner for the home! When temperatures rise steadily, having an AC unit at home can make life much more comfortable and make your leisure time at home more enjoyable.The problem is that not everyone has extra cash ready to purchase an air conditioner. If this is the case, it is possible to apply for a consumer 

ICICI Lombard is a 74:26 joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited and offers a range of insurance services in India.ICICI is one of India’s leading private banks. It is a multinational bank and financial services company with a strong corporate and retail presence. It was founded in 1994 and is headquartered in Mumbai. ICICI has over 4000 branches and is present in 17 countries including subsidiaries in the United Kingdom and Canada.

An endowment insurance plan is one that combines life insurance cover, a savings plan as well as tax benefits. An endowment plan provides a pay out to the beneficiary in case of death during the term of the policy. If the insured survives the term of the policy, then he/she is assured of a maturity amount on expiry of the term. Endowment plans offer a forced saving option in addition to pure protection. The maturity benefit is a form of savings that can be used for any purpose like, for examp

Credit control is a strategy by which lenders ensure that they lend money only to customers with a good credit record and who have a good probability of paying back their debts. At the same time, credit control also ensures that the company or institution does not extend credit to delinquent borrowers or those who have a poor credit record. Credit control is used by companies and banks to ensure judicious (and profitable) lending and minimizing the possibility of losses due to bad loans. 

Who doesn’t like to get money for spending money? That, in effect, is what cash back credit cards are all about! Among the various kinds of credit cards, cash back cards are perhaps one of the most popular. THe main feature of these cards is that customers get back a certain percentage of the amount they spend. The percentage and the spending categories differ, but the basic feature of all cash back cards is that you receive a percentage of your spending amount back as cash.Let

Education is the one area that many people, especially Indians, are willing to spend on. Earning a good education is seen as one of the chief aspirations of millions, if not a billion, Indians and it is the one investment that an overwhelming majority of Indian families will agree on! However, a quality education, whether in India or overseas, can also be quite expensive and an education loan is one way of managing the cost.Features of Education Loans in India

MasterCard is the name of an American financial services company which provides branded payment products for credit card issuers like banks or other companies. MasterCard is one of the leading payment systems companies globally for credit and debit cards, the other notable companies being Visa and American Express. All these companies work in generally the same way.What is a credit card?But first, what exactly is a credit card? A credit card is a small piece

For millions of people, buying a home of their own is one of their most cherished dreams. Most people will achieve this dream with the help of a home loan - which is one of the most significant financial commitments they will make in their life. Home loans generally involve a substantial loan amount and a long repayment period that could stretch into decades, but it also the means of owning a valuable asset and confers a sense of security.  Here are some useful tips to keep in mind to ma

A commercial loan is a loan that is sanctioned for commercial use rather than for individual consumer use. A commercial loan, or business loan, is one that is taken for business related reasons. You might be a small entrepreneur who needs funds for a variety of reasons like buying office equipment, larger business expansion or maybe even software development – a commercial loan is designed for these requirements. A consumer loan, on the other hand, is taken by an individual for personal

Unsecured loans are loans that you can borrow without providing security or collateral. Generally, when you borrow from a lender, you have to pledge any asset or security to the lender. Consider this as a safety net for the borrower.

HDFC is one of the leading banks in India and one of the largest credit card issuers in the country. It offers an array of credit card options to suit your requirements that include airline cards, cards designed for women, co-branded cards, entertainment and lifestyle cards among several others. Checking your HDFC credit card application status onlineIt is simple to apply for an HDFC credit card online. If you have applied for an HDFC credit card, wheth

What is income tax status? The amount you have to pay in income tax is determined by your tax return status which, in turn, is determined by your residential status. It is important to check your income tax status when filing your income tax return. There are 2 broad categories of residential status based on which tax is levied:1. Resident         - Ordinary resident     

HDFC is one of the leading banks in India and one of the largest credit card issuers in the country. It offers an array of credit card options to suit your requirements that include airline cards, cards designed for women, co-branded cards, entertainment and lifestyle cards among several others.Checking your HDFC credit card balance onlineIf you already own an HDFC credit card and want to check your credit card balance, you can do so online as well, without

Andhra Bank currently offers an interest rate of 4% per annum for savings bank accounts.  The rate is subject to change at any time.Andhra Bank Interest rate on savings accountMost banks, including Andhra Bank, offer an interest rate of 4% p.a. on savings bank accounts. Earlier, the RBI had laid down a uniform interest rate on savings accounts for all banks which meant that there was no difference in the amount you earned as interest, regardless of whic

State Bank of India (SBI) serves millions of customers across India. With its wide reach, it also provides a good range of bank services. One of its services, SBI credit cards, comes in a variety of types based on the customer's requirements and are categorised under Lifestyle, Reward, Shopping, Travel & Fuel and Business sections.

There are two ways you can get a high credit limit on your credit card: a. The best way is to work towards a good credit score which typically leads to a high credit limit. b. Alternatively, if you have a good track record, you can ask your bank for a higher credit limit on your card. If it has been sometime since your limit was increased, the bank might agree to a hike. The main advantage of a high c