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INTEREST RATES ON GOLD LOAN- [A]

Gold is considered an excellent hedge when market conditions are volatile, loan interest rates are high, and inflation is high. All three conditions are currently met, making gold a sought-after investment option. The recent rise in gold prices has further increased the value of the yellow metal. Not only does it offer gold returns, but …

Home Loan Eligibility & Measures To Improve It-[A]

If you are considering buying a house and want to avail of a home loan for the purchase you make, it is important to consider your eligibility before applying for such a loan. Since the quotient of risk involved in sanctioning of home loans is high, Bank considers various factors before granting sanction to the …

STIMULUS PACKAGE DETAILS OF THE RUPEES 20 CRORE PACKAGE ANNOUNCED BY UNION FINANCE MINISTER NIRMALA SITHARAMAN IN FIVE TRANCHES

Union Finance Minister Nirmala Sitharaman said on Sunday that the overall economic recovery plan for the ATMANIRBHAR BHARAT MISSION was Rs 20.97.053, as it summed up the funds previously spent. According to Nirmala Sitharaman, the first advertising tranche as part of the economic package for Prime Minister Narendra Modi amounts to 594,550 rupees. On Wednesday, …

DIFFERENT TYPES OF PERSONAL LOANS TO MEET YOUR DIFFERENT NEEDS-[A]

If you need money to cover an emergency, make a big purchase, or consolidate debt, a personal loan is one of the easiest financial instruments to choose. With a personal loan, a bank lends you money from a few hundred to tens of thousands of dollars, usually at a fixed rate and for a fixed …

Plan your retirement with Atal Pension Yojana - (A)

Atal Pension Yojna was introduced by the Government of India in the budget year 2015-2016 for the purpose of pension or regular income after achieving the age of retirement. Under this scheme, the investor starts receiving a regular pension after attaining the age of 60. The scheme is administered and monitored by the Pension Fund …

10 REASONS WHY ONLINE SHOPPING APPS ARE BOOMING IN INDIA-(A)

      1. MORE VARIETY AND MORE CHOICE One of the main advantages of buying online is the large selection of products and the flexibility to choose them at will. Without space constraints, online shopping supermarkets offer a wider range of products that are simply not available in physical stores and supermarkets. Traditional shopping …

In Depth Details About Post Office Recurring Deposit Account- (A)

The post office in India offers a variety of saving options to the citizens. These savings options are available with every local branch of the post office. A recurring deposit account is opened for a periodic deposit (monthly) of a certain amount for a specific time duration for the purpose of saving. Post office recurring …

WHAT IS THE DIFFERENCE BETWEEN NEFT RTGS AND IMPS - (A)

Various payment and settlement systems in India have made it easier and faster to transfer money from one checking account to a different one. Account-holders do not need to wait days to receive money in their checking account. With the newest digital payment systems, money is often sent and received instantly anywhere, anytime. Many banks, …

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