BENEFITS OF A HOME LOAN BALANCE TRANSFER
6 things salaried taxpayers want from Budget 2024: Hike in standard deduction, HRA exemption, work from home benefits and more Budget 2024 expectations: The upcoming budget is expected to address salary taxation to benefit salaried individuals and boost the economy. Taxpayers expect revisions in areas like standard deduction, tax slabs, and HRA limits to ease their burden a...
05 Jul, 2024, 01.21 PM ISTHow an IT professional took revenge against his manager's 'No Work From Home' policy An IT professional, frustrated with his company's strict 'no work from home' policy, deleted Microsoft Teams and email from his phone to ensure he was unreachable after office hours. This defiant move garnered widespread support online after a scree...
25 Jun, 2024, 04.11 PM ISTStep-by-step process for a home loan balance transfer Transfer your home loan wisely by comparing offers, verifying eligibility, submitting required documents, negotiating terms, and finalizing the balance transfer for reduced EMIs and long-term savings.
25 Jun, 2024, 12.21 PM IST
Central govt employees seek rationalised income tax slabs and old pension scheme from Budget Central government employees are advocating for key reforms in the Union Budget 2024-25. Their demands include rationalization of income tax slabs, the restoration of the old pension scheme, the establishment of the eighth central pay commission, im...
24 Jun, 2024, 01.36 PM ISTAxis Bank-Citibank credit card migration: 9 Citi cards transferred to Axis Bank; new credit card names, benefits, reward points Axis Bank-Citibank credit card migration: Citibank credit card holders should note that your card number, CVV, and transaction limits will stay the same after the migration. Your annual fee, spend-based fee waiver limits, and statement date will als...
20 Jun, 2024, 11.06 AM ISTPM-Kisan world's largest direct benefit scheme: PM Modi Prime Minister Narendra Modi has claimed that the PM-Kisan Samman Nidhi is the largest direct benefit transfer scheme in the world, using technology to ensure it reaches its intended beneficiaries. He expressed gratitude to the 64 crore voters of Ka...
19 Jun, 2024, 10.15 AM ISTNot getting the home loan amount you want? How to increase home loan eligibility with minimal cost Your dream of purchasing a home of choice may suffer a serious set back if the lender is not willing to give you the loan amount that you need. You may either have to drop your plans or get a costly loan to bridge the gap. However, now you have anot...
17 Jun, 2024, 12.54 PM ISTHome loan interest rates June 2024: These banks offer cheapest interest rates for home loans above Rs 75 lakh Home loan interest rates June 2024: A home loan is a secured loan for a borrower to buy a home. The loan amount is repaid via equated monthly installments (EMI). Here is a list of banks offering the best home loan interest rates for loans above Rs 7...
13 Jun, 2024, 04.43 PM ISTLoan demand for rural homes, tractors may rise on govt push "We believe a likely surge in rural credit demand, higher affordability and government push toward financial inclusion with ease of regulations in the microfinance sector. A likely credit-linked subsidy scheme (CLSS) in the Pradhan Mantri Awas Yojan...
11 Jun, 2024, 12.22 AM ISTTaking a home loan? 5 ways you can reduce cost of borrowing and save money The longer the tenure of a loan, the higher the interest burden. Home loan rates will not come down as the RBI has kept policy rates unchanged. If you are planning to buy a house with a loan, ET Wealth suggests some ways to reduce the cost of borrow...
10 Jun, 2024, 06.30 AM ISTITR filing: Compare your tax outgo in old and new tax regime before finalising one for FY24 Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments. TaxSpanner estimates that Vivek Jaiswal can have a surplus of almost Rs.60,000 if his salary is rejigged to include tax-free p...
10 Jun, 2024, 06.30 AM ISTShould you buy a house now before property prices soar or wait for home loan interest rates to drop? A favourable wealth effect, driven by a sharp rise in the equity markets, is enticing many first-time homebuy ers to take the plunge, while affluent buyers are looking for second homes. If you are a fence-sitter, still unsure about when to buy a hou...
10 Jun, 2024, 06.30 AM ISTCIBIL or credit score drop can cost you Rs 19 lakh more on a Rs 50 lakh home loan; 4 ways to avoid it Many social media users are reporting sudden credit score dips. Erroneous transactions, lender misreporting, and late credit card or BNPL payments, over-utilisation of credit limits are some culprits. If you have a poor credit score or CIBIL score, ...
08 Jun, 2024, 10.50 PM ISTHome loan borrowers may have to wait longer for lower EMIs but a rate cut likely this year; how to make the most of it Home Loan Interest Rates: The Reserve Bank of India (RBI) in its recent Monetary Policy Committee meeting decided to maintain the repo rate at 6.5%, prolonging the wait for home loan borrowers seeking relief from high interest rates and increased EM...
07 Jun, 2024, 12.19 PM ISTHome loan borrowers may have repaid higher amounts In FY23, for instance, the combined outstanding home loan portfolio of public sector and private banks and housing finance companies, which account for a big majority of the home loan market in the country was, Rs 3.62 lakh crore. But disbursements ...
31 May, 2024, 11.19 PM ISTKarnataka: CM Siddaramaiah asks banks not to adjust drought relief funds against farm loan dues CM Siddaramaiah emphasized the need for officials to work efficiently amidst higher-than-normal rainfall and the ongoing code of conduct. Siddaramaiah disapproved of the way insurance firms were handling the crop loss insurance claims. Such conduct ...
23 May, 2024, 08.39 PM ISTCan you transfer EPF account from unexempted trust to EPFO, exempted trust? EPF account transfer from unexempted trust: Many salaried individual have Employees' Provident Fund account either with EPFO or exempted trusts. However, what if you have an EPF account with unexempted trusts? Does EPF scheme rules allow an EPF memb...
21 May, 2024, 10.28 AM ISTPNB Housing Finance expects 17% loan growth in FY25 aided by increase in branch network The housing finance company opened 100 branches last year, which will help in expanding business including in affordable segment.
19 May, 2024, 07.09 PM ISTPaying off your home loan vs investing: What's best in a bull market? Decide between home loan prepayment and equity investments in a bull market by evaluating risk, financial stability, and personal goals. Balance debt reduction with potential returns for a decision aligned with your financial well-being.
13 May, 2024, 11.51 AM ISTTop-up home loan: All you need to know Anyone who has taken a home loan and has completed one year of repayment without missing any EMIs is eligible for a top-up home loan.
13 May, 2024, 06.30 AM IST