Category: Finance
As the name indicates, a loan against property (LAP) is to avail of a specific amount by keeping your residential or commercial property as a mortgage with the bank or NBFC. The loan is provided at a certain percentage of the market value of your property. Usually, banks lend around 50% to 60% value of […]
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Three Essentials of Opening a Self-Directed IRA
- May 20, 2020
Planning for your retirement is one of the crucial things, and with a multitude of choices available, the process can become overwhelming. Apart from the conventions trusts and banking options, you can have a stream of alternative investment through your self-directed retirement account. Since SDIRA offers more options for investments, it increases the likelihood of retiring […]
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Explain the different types of fixed deposits?
- May 15, 2020
What are Fixed Deposits In simple terms, when you receive a fixed amount of interest on a particular principle amount you have deposited in the bank, it is called a fixed deposit. This interest is received monthly, quarterly, or annually. A basic fixed deposit is the most popular type of fixed deposit that investors choose. […]
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Asset-backed loans can bail you out of a financial crunch. You pledge an asset to raise funds and reclaim it back once the loan is repaid in full with the tenor. You keep your asset intact as well as save big on the interest outgo, as interest rates are lower than unsecured loans. Of all […]
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Top 5 Indians Bikes for Long Rides in 2020
- May 04, 2020
Indian automotive manufacturers have always understood the deep understanding between a man and his bike. Over the years, they have come out with numerous successful as well as unsuccessful bikes that have etched their place in our memories. Manufacturers like Royal Enfield and Bajaj Auto have been very successful historically for making bikes that connect […]
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Five investment options for NRIs
- Apr 27, 2020
Generally, NRIs (Non-Resident Indians) want to invest money in India to build financial assets in their homeland, attain financial stability, flow cash to their family, generate a high return on investment, and create a corpus for retirement. However, very few people know that there are various investment options available for NRIs in the Indian market. […]
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