1+ You no longer need to wait endlessly for loan approvals anymore. In the new-age digitized marketplace, lenders have reduced the turnaround time drastically to offer instant loans. Recently, ICICI Bank Ltd launched two instant paperless home loan products—a regular home loan and a top-up home loan. The instantaneous home loan facility enables existing customers … Read more ARE INSTANT HOME LOANS AS GOOD AS THEY SOUND?
1+ With the number of bank frauds increasing, you need to be doubly careful about your transactions, especially online ones. According to the Reserve Bank of India’s (RBI) annual report for 2018-19, the number of cases of frauds reported by banks increased by 15% in 2018-19 on a year-on-year basis, with the amount involved rising … Read more WHAT TO DO IF YOU LOSE MONEY TO A BANK FRAUD.
1+ Accidents can occur anytime, anywhere. And when it is about mishaps related to cars, the insurance cover comes to mind. Making an insurance claim after an accident can strip one of the benefits of the no-claim bonus (NCB) accrued on the motor cover. It is not mandatory to file a claim and one should … Read more WHEN NOT TO FILE A CAR INSURANCE CLAIM?
1+ A Form 16 is a certificate issued by the employer to its employees for each financial year, under Section 203 of the Income-tax Act, 1961. The format of Form 16 was amended by the tax department this year and was enforced from 12 May 2019. All employers issuing Form 16 after that date were … Read more WHAT’S FORM 16 AND HOW DOES IT HELP FILE YOUR RETURNS?
1+ The overall inflows in mutual funds through the systematic investment plan (SIP) route has stayed steady at over ₹8,000 crore since December 2018. Data from the Association of Mutual Funds in India (AMFI) put inflows from SIPs at ₹8,300 crore in July 2019 and the industry added ₹9.54 lakh SIP accounts on an average … Read more FIVE SITUATIONS WHEN SIPS CAN HARM YOUR PORTFOLIO.