Personal Loan

RBI Loan Penal Charges Review: RBI to review arbitrary penal charges on loans; to release draft guidelines soon [ad_1] The Reserve Bank of India (RBI) today announced that it will issue draft guidelines for transparency in the penal charges or penal interest charged on loans. Currently, the penal amount levied varies within banks and also among NBFCs.The penal charges levied ...

Mahila Samman Savings Certificate: Who can invest; interest, investment limit, and more [ad_1] [ad_2]

NPS PRAN: New process to make reclaiming ‘withdrawn but unclaimed NPS amount’ easier [ad_1] With regards to NPS, the Pension Fund Regulatory and Development Authority (PFRDA) has stated that any funds remaining after one month without being transferred to the beneficiary’s bank account will be reinvested in the same PRAN. NPS subscribers can reclaim the withdrawn but unclaimed amount using ...

Who are the eligible nominees under EPF, EPS and EDLI [ad_1] With regards to Employees’ Provident Fund (EPF), EPS and Employees’ Deposit-Linked Insurance (EDLI) accounts, nominees get their part of PF accumulations/EDLI and pension payments in the event of a member’s death. This is why nominees are crucial to all savings, insurance, and pension schemes. When joining the Employees’ Provident ...

Home loans, FD interest rates, UPI for international travellers: RBI policy and your money [ad_1] Home loans, FD interest rates, UPI for international travellers: RBI policy and your money [ad_2]

How to check dispatch status of your SBI cheque book or ATM/debit card [ad_1] There are many ways a State Bank of India (SBI) customer can request for a cheque book or debit card without visiting the bank. A cheque book can be requested via net banking, SMS, missed call, YONO app and ATM. After requesting a cheque book or ...

FD interest rates: Is this the best time to invest in long-term fixed deposits? [ad_1] FD interest rates: Is this the best time to invest in long-term fixed deposits? [ad_2]

UPI payment extended to travellers coming from G-20 countries to India, says RBI [ad_1] Travellers coming to India will soon be able to use Unified Payments Interface (UPI) for retail payments in the country. The Reserve Bank of India (RBI) on February 8, 2023, announced that the UPI merchant payment facility will be extended to inbound travellers to India. “UPI ...

RBI Rate Impact on Home Loan: RBI Rate Hike: How home loan EMIs under EBLR, MCLR, base rate, BPLR will be impacted, what borrowers should do now [ad_1] Borrowers’ nightmare of rising loan interest rates seems like it will be a prolonged one as the RBI in in its monetary policy meeting on February 8, 2022 decided to raise the ...

Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same date [ad_1] While the government has hiked the investment limit under the Senior Citizen Saving Scheme (SCSS) by Rs 15 lakh to Rs 30 lakh, it is to be noted that the other scheme for retirees — Pradhan Mantri Vaya ...