Interest paid on an education loan can be claimed as a deduction under Section 80E with no upper limit. This helps reduce the effective cost of loan for you.
The cardholder should notify the bank about the loss and block the card’s usage to ensure that diligent action to minimise loss has been taken.
While the credit score mentions how the earlier loans were serviced, it says nothing about the ability to service more loans.
To foreclose an existing home loan and to be debt free you need to keep the required documents handy and follow these steps.
Those keen on starting small businesses can tap government-backed schemes and online lenders for collateral free loans.
If you are looking at changing your home loan lender, here are few important pointers to help you take the right decision.
The advantage is that no interest is charged on the home loan to the extent of the extra money kept in the account.
Now, loans can be processed online with mutual funds as security. This requires no physical paperwork and can be availed within minutes.
Neither the law nor the regulatory bodies such as RBI or IRDAI have made the purchase of home loan protection plan with a loan mandatory.
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