The FinTech Hub
Source: Live Mint I had invested in bonds of a listed Company with a cumulative option for interest. These bonds were redeemed on 15th July 2024. I have received the redemption money of 1 lakh with interest of ₹67,595/-towards interest after deducting TDS of ₹7,511/-. I have not shown any interest income regarding these bonds…
Source: Live Mint Bank FD rates: Several banks, including Federal Bank, RBL Bank, Equitas, etc, have revised their fixed deposit interest rates in December 2024. As per the revised FD rates, investors can earn up to 9% return on their fixed deposits. Fixed deposits are one of the most suitable options for investors who are…
Source: Live Mint Personal loans can be a panacea for a number of financial crises. Whether it is an emergency or a wedding, be it a renovation at home or the urgency to buy a luxury item for your loved one – one can raise a personal loan from a bank or a financial institution to…
Source: Live Mint Many people want to become home owners, and owning a home might be as simple as taking a home loan. Obtaining a home loan however, is not just by making an application; in addition to this, several conditions have to be satisfied. One of the necessary requirements is that you ought to…
Source: Live Mint Borrowers who find it difficult to repay personal loans can explore the prospect of a moratorium, a temporary period during which they are not supposed to make any payment. It is noteworthy that the moratorium affects loan repayment since interest keeps accruing, following which one has to pay the combined interest, thus…
Source: Live Mint Credit cards have become a part of our lifestyle as they provide great deals and discounts on all your daily needs so that you can save on your expenses without any compromise. If you love shopping from your favourite brands, then a co branded shopping credit card can be great option for…
Source: Live Mint Major requirements in terms of finance will be changed with a high-value personal loan. Personal loans are flexible for all purposes, such as debt consolidation, emergency medical care, home improvement financing, and dream vacation planning. A careful planning and a good financial one is required to be eligible for this kind of…
Source: Live Mint NRIs don’t even benefit from indexation, which adjusts the purchase price for inflation. Buyers must deduct tax on the total sale value. However, buyers can apply for a lower TDS certificate to reduce this amount. Besides, NRIs often face difficulties managing the property remotely. Tasks such as approving repairs, managing maintenance costs,…
Source: Live Mint Prior to investing in a mutual fund scheme, investors are encouraged to compare the returns they earn with those of other schemes. Although past returns of a scheme don’t guarantee future returns, they may give an indication of the scheme’s potential to perform in the future. Other factors which mutual fund investors should…
Source: Live Mint Disney knows how to sell plushies to kids and tug grown up hearts with stories of love and loss. but this time no matter what calamities befall these cute as button cubs who are trying to get away from ghost lions and a perennially furious mother nature… What money lessons do we…
