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Should You Buy Sovereign Gold Bond VI at Rs 5067 per gram?

Sovereign Gold Bond Scheme opens for public today. The series VI gold bonds can be purchased online or physically till September 04, 2020.... Read More
Category: #mmm news   

Update: HDFC Bank Revises Credit Card Interest Rates & Charges

From September 1, your Credit Card finance charges and late payment charges will be revised, if you are an HDFC Credit Card customer. Also, on this date the COVID Moratorium has expired and every card hold... Read More
Category: #mmm news   

Moratorium Expires Today. What’s Next? Options for EMI Relief Explained

Since March 2020, retail loan interest rates have nosedived to a nearly 15-year low point. The Reserve Bank of India has slashed cumulative of 115 bps of repo rate since the pandemic outbreak and subsequen... Read More
Category: #mmm news   

HDFC Bank Slashes Fixed Deposit Rates by up to 50 bps for Various Tenors

In a yet another blow to short term fixed return savings, HDFC Bank has sharply reduced interest rates on fixed deposits (FDs) i.e. up to 50 bps for various tenures.... Read More
Category: #mmm news   

Bank Frauds Double Up in FY20, Costing worth Rs 1.85 Trillion: RBI Study

The annual report released by the Reserve Bank of India shares some startling bank fraud numbers. According to the report major banking frauds in financial year 2019-20 added up to Rs 1.85 trillion which i... Read More
Category: #mmm news   

Things to Know Before Applying for Personal Loan Restructuring

If your monthly income is disrupted due to COVID 19 and you are finding it hard to pay out your EMIs or Credit Card bills, RBI's one time loan restructuring option could be one of the solutions to your pre... Read More
Category: Personal Loan   

Cashback or Reward Points: Which Feature Should I Look for in My Credit Card?

When it comes to Credit Cards in India, the competition between the banks and Credit Card companies is immense. Each one is trying to outwit the other by incorporating some exclusive feature in their offer... Read More
Category: Credit Card   

Your Bank May Recast or Defer EMIs for Personal Loan/ Home Loan Before Aug 31

RBI Governor Shaktikanta Das has said that banks are allowed to recast or defer EMIs of various retail loans on the basis of internal assessment.... Read More
Category: #mmm news   

House Rent vs. Home Loan: Which is Better for Tax Saving? Can you Claim Both?

It does require a bit of brainstorming and cost-benefit analysis to move from rented accommodation to your own home finally. After all, you are already drawing tax benefit on House Rent Allowance (HRA), an... Read More
Category: Home Loan   

HDFC Home Loan Rates, Fees & Charges for New & Top-Up Customers

Housing Development Finance Corporation, popularly known as HDFC Bank, is the largest private sector bank in India. Not surprisingly, the bank offers a host of loan alternatives for its extensive customer ... Read More
Category: Home Loan