Before investing in a mutual fund scheme, it is usual among investors to examine the past returns. This gives an indication of how much upside the scheme has. An equity scheme which has delivered over 20 percent consistently for the past five years may give muted returns now, particularly after the bull run has ended….
Bank of India has announced to cut its home loan interest rates, offering relief to new as well as existing borrowers. With this change, the home loan rate stands reduced from 8.10 per cent per annum to 7.90 per cent per annum based on their credit score. This move is aimed at making home ownership…
Travelling by air is not a luxury anymore for most urban dwellers. And when you take a flight to any domestic or international destination, it is usual to wait for an hour or longer at the airport. And for that, airport lounge comes handy. It is vital to note that each credit card has certain…
Did this ever happen that you bought an expensive product through your SBI Card and want to pay back in small monthly instalments? If that is the case, you can do that on the SBI Card’s website. Here we share a step-by-step guide for the same. Convert large purchases into EMIs I. Choose flexi pay:…
Choosing a mutual fund requires careful planning and objective analysis of data including past returns. Here we examine the past returns of a mutual fund scheme i.e., Quant ELSS Tax Saver Growth fund which has arguably given good returns in the past 25 years of its existence. Sample this: If an investor had invested ₹10,000 every…
Aiming for an 800 plus credit score is a good financial goal as it can elevate your profile to the level of ‘extra ordinary’ people. With this score, you can access best interest rates on loans, premium credit card offers, and very convenient terms on loans. Here, we give a snapshot of tips that you…
In the last few years, the share of non-performing assets (NPAs) in Kisan Credit Card (KCC) accounts across various banking sectors has consistently declined, Union Agriculture Minister Shivraj Singh Chouhan has said. In a written reply to a question in the Lok Sabha, Chouhan said when it comes to scheduled commercial banks or SCBs, the…
Credit score plays an important role in securing a credit card or raising a personal loan on convenient terms. And when someone’s credit score is absymally low i.e., below 600, s/he finds it hard to get a loan at a low rate of interest. What will you do when your credit score is lower than…
Credit card usage has undoubtedly risen considerably in the past few years, primarily steered by increased consumer spending and the growing popularity of digital payments. However, non-performing assets (NPAs) in the credit card segment also spiked by 28.42 per cent to ₹6,742 crore during the 12-month period ended December 2024, the latest Reserve Bank of…
If you are an income taxpayer and want to compute your total tax payable for the financial year 2024-25, you can use an income tax calculator to find it. The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers —individuals, firms, trusts, companies and…
