CIBIL Score plays important role in getting loan. 300-549 is poor CIBIL score, 550-649 is Fair CIBIL score, 650-749 is Good CIBIL score, 750-900 is Excellent CIBIL score. Settlement of a loan with interest waiver always lowers your CIBIL score dangerously. If you look at the numbers more carefully, 80% of loans have been issued to people with score of ...
Sometimes, we may get year-end bonus by the employers or another surplus money. Once we get the money, the real confusion starts, whether to invest the money in mutual funds or prepay the loan or buy a jewellery or invest in fixed deposit. Mostly Prepay the loan or Invest in the market. In the post, we would discuss how to ...
In India, more than 5000 company stocks listed in the Nifty and Sensex. We can select the stocks and start investing to build long term wealth. Selecting a particular stocks require expertise and it risk involves as it invests in only one stock. There is an another option to diversify our investment in the stock market, ETF. An ETF is ...
Indian taxpayers often look for different tax saver options to help reduce the taxation burden. Equity Linked Savings Scheme (ELSS) is one such major tax-saver option for Indian taxpayers. Equity Linked Savings Scheme (ELSS) funds are open-ended equity-oriented schemes that are offered as tax saving options. This mutual fund scheme is part of the tax benefits under the 80C section ...