Credit Card

• Sukhilala is alive
  
You have a good case for damages against the bank if they persisted in trying to recover the money even after they had been advised about the facts in the case. ......
• Credit Cards are like Swiss Knives
  
Credit Cards are like Swiss knives and they need to be handled with care or they can cause serious injuries ......
• Now you can get your own credit report from CIBIL
  
CIBIL introduces its manual system to provide consumers with their own credit history on a test basis. ......
• CIBIL Credit Information Bureau Report Request Form
  
Now, you can apply for your own Credit Information Report (CIR) from CIBIL at a minimial cost. ......

Home Loan

• No Prepayment charges on Teaser rate loans Shift now!
  
Teaser rate customers are paying 1 - 1.25 per cent higher than what they would have paid if they were on floating rate home loan today. ......
• Unlike NHB, RBI does not allow pre-payment charges on teaser rate home loans.
  
NHB opened a loop hole for the housing finance companies that allowed them to continue to charge prepayment charges on home loans that had a fixed rate for a few months/years in the beginning. ......
• Home Loan: The Process
  
The various stages of a home loan, since application till the actual sanction. ......
• Can live-in and same sex couples get them?
  
Though spouses in hetrosexual couples can apply for a home loan, same sex couples and those with live in partners cant. ......

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Interest Rates

• RBI wants data of all the banks on its website
  
RBI expected to have a consolidated data of all the banks ......
• HSBC Classic credit card interest rates have been revised
  
HSBC Changes interest rates on credit card ......
• SBI cards NPAs are on the rise
  
SBI faces huge losses ......
• Banks and Recovery Agents: People we all love to hate
  
Stories are rife about the heavy-handedness of the recovery agents. Despite the stringent guidelines laid down by the Indian Banks Association (IBA) as well as the regulator, Reserve Bank of India, ba ......
• Credit card business with Non-banking institute has raised the NPAs
  
Credit card business gets tougher for banks ......

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Hidden Costs

• Sukhilala is alive
  
You have a good case for damages against the bank if they persisted in trying to recover the money even after they had been advised about the facts in the case. ......
• Credit Cards are like Swiss Knives
  
Credit Cards are like Swiss knives and they need to be handled with care or they can cause serious injuries ......
• RBI wants data of all the banks on its website
  
RBI expected to have a consolidated data of all the banks ......
• Banks can now decide on the service charges
  
RBI permitted bank to decide on service charges ......
• Why are Credit Cards So Expensive?
  
Interest rates on credit cards are higher than those on home or auto loans so spend responsibly and if you overspend then make plans to repay ......

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Process

• RBI tightens security measures for the online shopping ride!
  
For online shopping, additional authentication pass code to be verified by VISA or MSC from August 1, 2009 onwards. ......
• RBI to make banks responsible for their recovery agencies
  
The Reserve Bank of India (RBI) is working on setting up guidelines that will make banks responsible for ensuring that their recovery agencies do not recruit recovery agents with a criminal background ......
• Central Information Commission gives 15 days to SBI card to set up information redressal mechanism
  
CIC has directed SBI cards to set-up a proper information redressal mechanism within 15 days. ......
• Disha Financial opens sixth centre in Hyderabad
  
Disha Financial opens its sixth credit counseling centre in Hyderabad and plans new centres to provide education and debt settlement services in Indian metros ......
• RBI to regulate retail banking settlement systems
  
RBI to regulate retail banking settlement systems by the payment and settlement bill passed by the parliament ......

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Education Loan

• Education and its tax benefits
  
Income Tax Act provides a direct deduction on account of fees paid for the education of your dependent children and interest on loans taken for higher education of your children ......
• Is guarantor equivalent to borrower?
  
Before agreeing to serve as a guarantor, it is necessary to assess the borrower's credit, cash flows, to determine whether or not he or she is capable of handling the loan. ......
• Now you can get your own credit report from CIBIL
  
CIBIL introduces its manual system to provide consumers with their own credit history on a test basis. ......
• CIBIL Credit Information Bureau Report Request Form
  
Now, you can apply for your own Credit Information Report (CIR) from CIBIL at a minimial cost. ......

Personal Loan

• Andhra Bank revises bulk deposits rates upward
  
Andhra Bank has increased the interest rate on the certain short-term buckets by up to 200 basis points for bulk deposits. ......
• Frequently Asked Questions on Personal Loans
  
Frequently Asked Questions on Personal Loans ......
• Personal Loan is like a good SUIT, it has to fit right and it has to price right.
  
Before going in for a personal loan you should budget your loan requirement and should allocate which expenses will be met from this loan. ......
• Burdened by Personal Loan
  
Think about prepaying the personal loan but before taking this step you must base your decision on keeping few factors in mind. ......

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Did you know...?

• Frequently asked questions: Billing and payment
  
faqs on credit card billing and payment ......
• General Frequently Asked Questions: Credit Card
  
general faq's on credit cards ......
• Make your card work for you
  
Keep these in mind to get the maximum out of your card ......

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Loan Against Property

• Now you can get your own credit report from CIBIL
  
CIBIL introduces its manual system to provide consumers with their own credit history on a test basis. ......
• CIBIL Credit Information Bureau Report Request Form
  
Now, you can apply for your own Credit Information Report (CIR) from CIBIL at a minimial cost. ......
• Loan against Property: Why do I need to show income proof?
  
Property is generally among the first assets people acquire. But, compared to other assets like, say, stocks, it's relatively illiquid, and poses a bit of a problem when you need quick cash. ......
• Secure a loan with your property
  
Unlike other loans which are taken for specific purposes, such as home loan or auto loans-these loans can be taken for any purpose. ......

Car Loan

• I plan to buy a new car, but uncertain about the kind of loan I require. I cannot pay the down payment. What should I do?
  
Know what to do when you plan to purchase but have no down payment? ......
• How much does bank finance for purchase of new car?
  
Know how much does bank finance for purchase of new car? ......
• Tata's small car to hit the market next year
  
Tata Motors is on track to begin selling its ultra-cheap small car next year, said managing director Ravi Kant. ......
• Negotiate a great deal for your dream car
  
For many Indians, buying a Car is a dream that comes second only to dream of owning a house ......

Decision-making Corner

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