Moneycontrol

Don't pay any loan #EMI for next 3 mths, and it won’t hurt your credit history! #IndiaFightsCorona

Credit cards not included in the moratorium

Have more Qs? Read this piece answering all FAQs from #RBIGovernor Shaktikanta Das's presser https://www.moneycontrol.com/news/business/personal-finance/rbi-allows-borrowers-to-breathe-easy-on-emis-5080161.html

Moneycontrol

RBI moratorium: How does the rate cut help you? 8 questions answered

Rate reductions and a three-month EMI moratorium come as big relief for borrowers in the time of coronavirus.

915 views10:37

Moneycontrol

#MCPersonalFinance | Instead of aggressively going after prepayment of #HomeLoans make sure other aspects of #PersonalFinance is taken care of. Aim for a balanced approach.

https://www.moneycontrol.com/news/business/personal-finance/aggressive-home-loan-prepayment-can-hurt-other-money-goals-6364141.html

#EMI #FinancialPlanning

Moneycontrol

Aggressive Home Loan Prepayment Can Hurt Other Money Goals

There should be a balance between trying to prepay your loans quickly and other aspects of your financial life

8.5K views04:42

Moneycontrol

#MCPersonalFinance: Banks & other lenders offer #loans against securities. The rates are lower than those on personal loans. In rising markets, you could get a larger amount sanctioned. But you must pay the #EMI on time to avoid stringent penalties.

https://www.moneycontrol.com/news/business/personal-finance/why-taking-loan-against-securities-makes-sense-during-rising-stock-markets-6968531.html

Moneycontrol

Why Taking Loan Against Securities Makes Sense During Rising Stock Markets

Banks generally offer up to 60 percent of the market value of the equity mutual funds used as collateral

9.9K views06:05

Moneycontrol

#MCPersonalFinance | Kotak Mahindra Bank is offering a no-cost EMI scheme on its debit cards. But does it really carry no charges?

Read this at
https://www.moneycontrol.com/news/business/personal-finance/why-kotak-mahindra-banks-no-cost-emi-on-debit-cards-could-be-a-debt-trap-7345871.html

#Investing #Banking #EMI #CreditCards

Moneycontrol

Why Kotak Mahindra Bank’s No-cost EMI On Debit Cards Could Be A Debt Trap

For any no-cost EMI scheme, there are always charges that more than make up for the absence of upfront interest costs

10.4K views17:49

Moneycontrol

Have you checked out #MCMinis yet? 🧐 They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. It is that easy — and fast! ⚡️

Start exploring: https://moneycontrol.com/news/mcminis

#PersonalFinance #EMI #CreditCard

6.3K views08:54

Moneycontrol

LazyPay, a major player in the Indian BNPL space, recently launched LazyPay EMI, which will empower merchants to offer instant and cardless #EMI options to their consumers up to a ticket value of Rs 1 lakh.

Read more at
https://www.moneycontrol.com/news/business/announcements/lazypay-launches-bnpl-emi-facility-integrates-with-payu-payments-gateway-7780461.html

#BNPL #EMIFacility

Moneycontrol

LazyPay Launches BNPL EMI Facility, Integrates With PayU Payments Gateway

LazyPay EMI has been launched as a response to bridge the prevailing credit gap in the Indian market, along with serving the evolving credit needs of the data-rich and digitally active consumers, which are not being addressed by traditional financial institutions…

5.7K views11:35

Moneycontrol

LazyPay Launches BNPL EMI Facility, Integrates With PayU Payments Gateway

5.7K views11:35

Moneycontrol

#MCPersonalFinance: Here's a guide that helps you manage your loans.

Check it out at🔻
https://www.moneycontrol.com/news/business/personal-finance/an-easy-guide-for-managing-your-loan-cycle-7916841.html?utm_source=telegram&utm_medium=social

#Loans #banking #EMI

Moneycontrol

An easy guide for managing your loan cycle

It is important to be fiercely strategic when it comes to choosing lower interest rates and being aware of hidden charges

7.7K views16:50

Moneycontrol

Bajaj Finance has been doubling down on its digital presence in the past 18 months & MD Rajeev Jain has detailed the next steps the firm will take to grow its virtual footprint through its super app.

Know more at
https://www.moneycontrol.com/news/business/companies/bajaj-finances-super-app-ambitions-customers-will-have-over-30-services-on-one-app-7974701.html

#BajajFinance #EMI #loans #NBFC

Moneycontrol

Bajaj Finance's Super App Ambitions: Customers Will Have Over 30 Services On One App

Phase I of the digital transformation journey has gone live and in Phase II Bajaj Finance's app will offer 72 features as compared to 52 currently.

5.8K views08:26

Moneycontrol

#MCPersonalFinance: It’s important that you #budget for additional costs when buying a house. More so if you are on a tight budget and have an #EMI to pay on your home #loan.

Read more 👇
https://www.moneycontrol.com/news/business/personal-finance/buying-your-dream-house-be-ready-to-pay-five-additional-taxes-and-charges-8149161.html?utm_source=telegram&utm_medium=social

5.5K views09:15

Moneycontrol

#AutoWithMC: The scheme will not only offer maximum financing on the vehicle as per each customer’s requirements but also provide them with the benefit of unique #EMI options with a repayment tenor of up to seven years.

Read more 👇
https://www.moneycontrol.com/news/technology/auto/au-small-finance-bank-ties-up-with-tata-motors-for-its-passenger-vehicles-finance-solutions-8265991.html?utm_source=telegram&utm_medium=social

Moneycontrol

AU Small Finance Bank ties up with Tata Motors for its passenger vehicles finance solutions

The offer will be applicable to a spectrum of customers like salaried, self-employed professionals, self-employed non-professionals, agriculture and dairy farmers, etc., including new to credit customers. Customers can also apply for a car loan via the AU…

7.3K views15:25

Moneycontrol

💰 #MCPersonalFinance: From higher #homeloan interest rates & third-party motor premiums to charges introduced for #EMI purchases using #creditcards & #Aadhaar-enabled payments, many operational changes start in June.

Here are 8 things you need to know 👇
https://bit.ly/3m4h88a

Moneycontrol

Eight important money matters that need your attention this June

From higher home loan interest rates and third-party motor premiums to charges introduced for EMI purchases using credit cards and Aadhaar-enabled payments, many operational changes start in June

6.9K views03:08

Moneycontrol

#RBIPolicy | Brace yourselves for a steep increase in your #EMI & interest burden on #loans. 😖

Here’s what you should know 👇
https://bit.ly/3H55F28

Moneycontrol

RBI Monetary Policy | Borrowers to see a steep hike in EMIs, interest burdens

For depositors, this signals a further increase in their deposit rates, but high inflation means that real returns will remain muted

9.0K views07:10

Moneycontrol

#Homebuyers, on their part, should remember two bit of data. Any house that costs more than 5 years of your gross income is not affordable, the #EMI should not be more than 50% of your take-home #salary.

Read in detail👇
https://bit.ly/3A9cs7y

Moneycontrol

What lessons do the ‘mortgage boycott’ in China hold for India?

Indian homebuyers have been patient, but it should not be taken for granted. Homebuyers, on their part, should remember two bit of data. Any house that costs more than five years of your gross income is not affordable. Also, the EMI should not be more than…

9.8K views09:58

Moneycontrol

#Budget2024 | Gems & jewellery sector's Budget 2024 wishlist: EMI options for jewellery and lower gold import duties on the table after talks with Finance Minister Nirmala Sitharaman. 💎

Stay informed!⤵️
https://www.moneycontrol.com/news/business/budget/budget-2024-wishlist-of-gems-jewellery-sector-from-emi-options-for-jewellery-purchases-to-gold-import-duty-cut-12761635.html#google_vignette

#Gems #Jewellery #EMI #GoldImportDuty #FinanceMinister #NirmalaSitharaman

Moneycontrol

Budget 2024 wishlist of gems & jewellery sector: From EMI options for jewellery purchases to gold import duty cut

Last week, the industry leaders held a pre-Budget consultation meeting with Union finance minister Nirmala Sitharaman and other government officials

15.4K views14:58

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