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Personal Finance

While Considering a Home Loan…

Home loan or a mortgage is a an option which if exercised prudently can fulfill ones dream to own a home of his own even when one is short of finances at that in point. Taking home loan is a decision that is going to affect you for a long time. On one hand it gives you the joy and on the other hand there is the responsibility of paying back the loan in time. .....

Why We need Life Insurance?

Insurance is bought in order to rescue the owner of the policy from the charges or losses incurred for having lost the insured item or person in any accident or because of any unexpected reason. Therefore insuring any valuable item is very important as we cannot know the future. As for life insurance, it is also a very important as our life is very important to us. There would be many people dependant on a .....

Home Loan – FAQs by RBI – Must Read for Everyone

1. For what purposes can I seek a first time home loan? You can generally seek a first time home loan for buying a house or a flat, renovation, extension and repairs to your existing house. Most banks have a separate policy for those who are going for a second house. Please remember to seek specific clarifications on the above-mentioned issues from your commercial bank. 2. How will your bank decide your home loan eligibility? .....

A Simple Guide On Personal Finance

The below ‘PDF ‘is very simple guide on personal finance. I found it on Scribd yesterday, so I thought it should be shared with etaxindia.org readers. It may be very informative and inspirational read for everyone whether laymen or experts in the industry. I think 5th class student can understand the basic and need of personal finance after reading the below guidance on personal finance. If found an error to load the page click the .....