The FinTech Hub
Source: Live Mint Take the case of Aarav, who was looking to shift to a different city. Luckily, a certain Mr. and Ms. Raghavan were looking for an apartment in his neighbourhood. It was a match made in heaven. There was one problem, however. Aarav still had a ₹80 lakh loan pending on the house,…
Source: Live Mint Personal loans are one of the most commonly used financial tools to address the need for emergency funds, as they can be used for multiple purposes. These are unsecured loans, meaning they do not require any collateral as a guarantee. Compared to other loans, eligibility for a personal loan is less strict,…
Source: Live Mint Amit Upadhyaya, a Pune-based corporate executive, has achieved financial independence at age 46. Despite working for a French multinational (Dassault Systemes) for two decades, Upadhyaya does not credit his wealth to a high corporate salary or employee stock options. He sees it as the outcome of investing in the right stocks and…
Source: Live Mint A report by Anarock found the demand for 3BHKs has now surpassed that of 2BHKs, and the sale of high-end apartments (above Rs.1.5 crore) has increased nearly four-fold since 2021. Meanwhile, demand for affordable housing (below ₹40 lakh) fell to 21% of homebuyers in the second half of 2023 from 25% in…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:18 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the key repo rate unchanged at 6.5% in its monetary policy review. This marks the tenth consecutive time the central bank has maintained a status quo, signalling…
Source: Live Mint Is owning a home your dream? Are you tired of living in a rented apartment? A home loan can be an excellent option for building your own house. Here, we’ll outline the steps involved in obtaining a home loan from a bank. 1. Fill out the loan application form and gather required…
Source: Business Standard Illustration: Binay Sinha 4 min read Last Updated : Sep 27 2024 | 11:19 AM IST In the heart of Gurgaon’s gleaming Cyber City, Arun Singh stares at his computer screen, his finger hovering over the ‘submit’ button. His company has given him a bonus and he faces a dilemma: Should…
Source: Live Mint I’m in my early 30s, married with a young child, and working in an IT company for 10 years. I’ve saved in mutual funds, fixed deposits, PPF, and stocks. We currently live in a rented apartment, but I’ve found a property that fits our budget. The house costs ₹85 lakhs, requiring a…
Source: Business Standard Home Loan, Loan, Home, House(Photo: Shutterstock) 2 min read Last Updated : Sep 10 2024 | 5:55 PM IST For most of us, home loan is a necessary step towards home ownership. As aspiring home owners eagerly await approval, a common question arises: How long does it take for a home…
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