Page 355 - Personal Finance

Denied boarding due to overbooked flight? How to get Rs 20,000 as refund

The alternative flight is arranged within 24 hours of the original flight's departure, an amount of up to Rs 10,000 has to be paid as compensation by the airline.

What a hike in MCLR means for borrowers: Who gets impacted and who doesn't

Marginal Cost of Fund based Lending Rate refers to the minimum interest rate a bank must charge for lending. The bank cannot grant any loan below that rate, except in certain cases permitted by RBI

Mitigate prolonged hospitalisation with reasonably priced accident cover

Frequent travellers and those engaged in risky occupations must buy this inexpensive cover

Why are airfares in India soaring and is there a way to beat it?

Airlines look at affordability, demand, availability and lots of other factors when pricing their flights

Bigger the better: Average flat sizes in Delhi NCR rise 50%

But Mumbai sees average flat sizes drop by 5 per cent

Rupay forex card out soon: Should you pick one over a credit/ debit card?

When you are travelling abroad you have broadly three easy options for making transactions - Prepaid cards, Debit Cards and Credit Cards.

Bank held liable for fraud by its manager

The National Commission noted that other bank officials had blamed its own manager for embezzlement, so for the bank to accuse PHFI's employees was an afterthought

Go Digit Life Insurance gets Irdai nod to carry life insurance business

Regulator Irdai on Friday said it has given permission to Go Digit Life Insurance Limited to carry the life insurance business in India

Navigating 20% TCS: Smart tips for your overseas holiday this summer

Reduce trip duration if necessary, use prepaid forex card to nullify currency fluctuation, buy adequate insurance

Should you opt for one large fixed deposit or multiple smaller FDs?

For earning better returns, you can spread your investments across multiple fixed deposits with different maturity dates instead of locking all your funds in one fixed deposit for a longer period.

In debate over NPS and EPFO returns, one retirement fund edges ahead

India's lagging pension savings may need a leg-up as the economy grows

Why spate of bank deposit rate hikes could be a thing of the past

Around 85% of the Rs 2000 notes are deposited in the bank accounts and not exchanged for smaller denominations. Thus, bank deposits are likely to increase by atleast Rs 2 lakh crore

Debt mutual funds or FDs: What should you pick given RBI status quo?

With RBI keeping the key repo rates unchanged at 6.50 per cent, investors with surplus funds are looking to park their money. We decode whether they should stick to FDs or stick to debt funds

Course, institute determine lender's willingness to offer an education loan

A co-borrower with a good credit score and adequate collateral can expedite approval

NPS subscribers can soon opt for periodic withdrawals; check details here

PFRDA says subscribers can leave their 60% corpus in NPS and can receive it back in a staggered manner, such as monthly, quarterly, semi-annually, or annually, until the age of 75

Craft convincing response to tax notice, backed by relevant documents

Non-appearance and failure to respond on time can have serious consequences

Fine dining, Japanese style: How to develop a taste for the cuisine

The cooking is simple and minimal and ingredients for it readily available in India

Rupay forex cards to your fixed deposits: How today's RBI policy impacts us

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India governor decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs

From Rs 700 to Rs 32,000: Know the annual bank locker charges across India

When a customer approaches Branch for locker, as per extant guidelines, KYC formalities are required to be adhered.

Explained: Repo rate unchanged at 6.5%, worst over for home loan borrowers

The lowest rates being offered in the home loan market today are in the 8.40 to 8.50 for eligible borrowers.