Business Loan Overview

Business loan helps traders, businessmen and professionals to start or expand their commercial activities. The loan can be secured against a collateral in the form of property, finished goods, etc or can be availed without keeping any collateral security. This unsecured business loan is more expensive than secured business loan. Purpose of Loan Business Loan […]

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Loan Against Property

Loan Against Property Overview

Personal Loans are usually of two types i.e. secured personal loan which is secured against the mortgage of immovable property, insurance policies, gold jewelry, investments, etc and another is unsecured personal loan which does not require you to pledge anything. Mortgage Loan commonly known as “Loan Against Property” in India is a secured loan that […]

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Budget 2012 –Not Bad!

Not Bad !! I think that about sums up the reactions to the annual light and sound show – The Budget. Given the financial constraints under which the Government was operating, the market was expecting some big taxation measures. The increase in service tax and excise duty from 10% to 12% was more or less […]

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Living-In? Can They Have a Joint Home Loan?

A conversation in 7:12 Ladies Special aroused my curiosity (though eavesdrop is not the done thing but couldn’t help the jam packed compartment) as it revolved around buying a flat. Nothing unusual in two friends discussing it. I figured out that one them was a banker with whom the other lady was trying to know […]

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Excess Interest Carry Forward?

Hi , I paid following interest in years mentioned below . Financial Year EMI Interest Component (Rs) 2007- 2008 1,80,000 2008- 2009 2,25,000 2009- 2010 1,75,000 2010- 2011 1,10,000 2011- 2012 75,000 Can i carry forward excess (above 1.5L)interest paid to year 2011 -2012 , same way we do for pre-emi , i got the […]

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E-Gold Goes The E way !

“The recent continuous rise in the prices of bullion have created fresh interest and generated curiosity of the general public in Gold. Traditionally Indians purchase gold on all the conceivable occasions, be it Diwali, marriage in the family, receipt of annual bonus etc. We generally purchase gold in physical form, be in the form of […]

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