Personal Finance

CRR, SLR, Repo Rate & Reverse Repo Rate and its impact on your Home loans

CRR, SLR, Repo Rate, Reverse Repo Rate and how it effects your Home loans: Mr. Ajay while watching a business news channel came across a news item that there was a Repo rate cut of 25 basis points. Ajay was curious to know as to how this rate cut would impact his home loan. We often come across terms such […]

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All you need to know about Mobile Wallets and Payment Banks

Here is all you should be knowing about Mobile Wallets and Payment Banks: With the popularity of Smart phones and the introduction of Mobile Wallets such as M-Pesa, Airtel Money, PayTM, etc. it has become very easy for us to make transactions such as payment of utility bills, purchase of goods, withdrawal of cash at ATMs/Banks,

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Banking Ombudsman Scheme: Here is how to file a complaint against your Bank

Banking Ombudsman Scheme: Here is the procedure to lodge a complaint against your Bank: Mr. Rahul Singh, has a bank account with a nationalised bank. He opened few deposit accounts with the bank and wanted to close the same due to some immediate requirement of the funds. However, the bank officials did not cooperate with Mr.

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How to claim unclaimed investments in Bank Deposits & Insurance Policies

Here is how you can claim unclaimed investments in Bank Deposits & Insurance Policies: Mr. Anurag bought an insurance policy few years back but did not tell about the policy to any of his family member. Unfortunately, recently he passed away in a car accident leaving behind his family in a shock. As his family members

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Understanding Mutual Fund Returns: CAGR, XIRR, Rolling Return

Significance of Mutual Funds returns – CAGR, XIRR, Rolling Return Returns have always been the basic benchmarks while going for any investments. These indicate how much the fund has lost or gained during particular investment tenure. You may come across returns expressed in a variety of nomenclatures. Sometimes, these may be quoted as absolute returns,

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All about National Savings Certificate (NSC) withdrawal, transfer and tax benefits

Withdrawal, transfer and loan facility in National Savings Certificate (NSC): National Savings Certificate (NSC) is one of the popular saving schemes offered by the Government of India through post offices. The purpose of issuing the certificate is to inculcate saving habit in people. Along with savings, it comes with several other features such as safety, tax

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Here is how to generate UAN online from EPFO without employer

Procedure to create UAN online from EPFO without employer: Mr. Bhaskar left his job back in 2008 and currently he is running his own business. He wanted to know the procedure to get his UAN number. There have been many similar instances where people have left their job but do not have their UAN as they are

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