HDFC Bank Loan: While announcing the monetary policy, the Reserve Bank of India has kept the repo rate at 6.5 percent. Meanwhile, the country’s largest private bank HDFC has given a big shock to the customers. The bank has increased its interest rates. The bank has increased its Marginal Cost of Lending Rates i.e. MCLR. … Read more
Personal Loan: Many times we need to take a loan for our personal work. But before taking a loan, it is very important to compare the interest rates of different banks. Different interest rates are charged by different banks. The rate of interest depends to some extent on the borrower’s CIBIL score, relationship with the … Read more
How to check CIBIL score CIBIL Score is a score to measure the financial performance of an individual. It synchronizes a person’s financial trends, loans and credit accounts. It is called Credit Information Company (CIC). If you want to check your credit score, first go to the official website of CIBIL. There, there may be … Read more
loan Loan EMI: If you are planning to take a bank loan to buy your car or for any other purpose, then this is important news for you. Barring home loans, interest rates on some retail loans have started rising, with many banks increasing their lending rates by increasing the landing price (MCLR) has been … Read more
Personal Loan Personal Loan: Nowadays people are taking personal loans to avoid having to lend to anyone to meet their small needs. Personal loans are being given very easily by banks and NBFCs. However, it is important to keep some things in mind while taking a loan. By not doing this you can get into … Read more
Happy Diwali Gift: The festival of lights, Diwali is coming. Most of the people are busy decorating and beautifying their houses. There is a tradition of giving and receiving gifts on Diwali. In such a situation, on this occasion, you can give yourself such a gift, which will be helpful in improving your future life. … Read more
What is benchmark marginal cost of landing rate? Benchmark Marginal Cost of Landing Rate (Benchmark Marginal Cost of Lending Rate – MCLR) is a specified financial parameter that banks set for their business loans. This rate is a part of the lending policies of financial institutions for their various loan products. The borrowing and lending … Read more
Mumbai : If you have taken a loan from any bank in India and for some reason could not pay its EMI (monthly installment) on time, then after doing so, the bank used to add interest on interest after imposing penalty on you. Now, after the delay in paying the EMI, banks will impose penalty … Read more
[ad_1] Mumbai : The Reserve Bank of India (RBI) has decided to keep the policy interest rate repo rate unchanged at 6.5 per cent, providing relief to the common citizens of the country during the bi-monthly monetary review. Announcing the decisions taken on interest rates in the Monetary Policy Committee (MPC) meeting on Thursday, the … Read more
[ad_1] Mumbai : There is important news for those taking home loan, car loan and personal loan from government or private banks. Loans are likely to become costlier in April. According to media reports, in the first week of April, there will be a bi-monthly monetary review meeting of the Monetary Policy Committee (MPC) of … Read more