It is important to understand the financial implications of late payments and the need to pay monthly installments and bills on time. Your credit score is now essential. For the middle class, it is very important to follow a monthly budget and not to postpone loan installments. It is important to know that not paying […]
Financial consequences of late payments Read More »
Original documents to be returned within 30 days of loan completion’ – Has RBI issued an order to banks, Original documents must be returned within 30 days of loan completion. In case of delay, the borrower shall be compensated at the rate of ₹5,000 for each day of delay, RBI directive to banks. RBI has
What is the new rule of RBI order to banks Read More »
If we pay off our debt in one installment, who will benefit, it is profitable for us but the bank will never do this because if it is returned it will be recirculated.Until it is done there will be a loss of income and they will fix the problem by imposing a penalty for prepayment.Whether
Who will benefit if the home loan is settled completely Read More »
Building a house means realizing the dream of having a roof over our heads for a middle class family A common goal, But it will not give you any financial return. It would be prudent to use your savings more than the loan amount to build a fixed asset. Is it good or bad to
What are the pros and cons of a home loan Read More »
