Page 93 - Personal Finance

BSES summer offer: Up to 63% off on ACs, fans in new exchange scheme

Residents in Delhi can cut cooling costs as BSES reintroduces its 2025 exchange scheme, offering steep discounts on energy-efficient ACs and ceiling fans.

RBI rate cut: What it means for your money and how you should invest now

The RBI has made loans cheaper and saving less rewarding. To keep your money working harder, look beyond FDs and consider short- to medium-term debt funds or corporate bond funds

Car, personal, home and biz loans to cost less as PSU banks slash rates

However, new borrowers and FD savers may not enjoy the same benefits as banks protect their margins.

Beware if bank staff says insurance purchase mandatory for loan approval

Your guard should also go up if undue pressure is applied to purchase a policy immediately

How ICICI Bank RM stole Rs 4.6 cr from customers - and what you must learn

The fraudster cleverly used a pool account - a single account where money from multiple sources (like broken fixed deposits, overdrafts, and fake personal loans) was collected.

Cut home loan costs: Retain EMI, shorten tenure, consider prepaying

Borrowers can maximise savings when interest rates fall by retaining their EMI and reducing tenure, while also benefiting from repo-linked loans and selective prepayments

Decoding Flexi Cap vs Multi Cap Funds: Strategy, risk and suitability

Flexi Cap mutual funds are frequently compared to Multi Cap funds, given that both invest in equities and equity-related instruments across various market capitalisations

Thinking of withdrawing your PF? A surprise 30% tax may hit you

Taking out money defeats the purpose of long-term retirement savings, say experts

RBI rate cut: Switching to repo-linked home loan may save you lakhs

RBI cuts repo rate to 5.50%. Borrowers with MCLR or base rate loans could save up to ₹8.5 lakh by switching to repo-linked loans, say experts

Bad news for FDs: Rates to fall sharply as RBI cuts repo rate by 50 bps

RBI cuts repo rate by 50 bps to 5.5%. FD interest rates fall further, prompting investors to consider laddering, hybrid funds, and small savings schemes for better returns

Microfinance: Indicators show cautious lending, continuing stress in parts

Amid these shifts, CRIF High Mark emphasised that the sector remains on a path of long-term sustainability

On waiting list for train ticket?Websites offer three-fold refund assurance

Ixigo, RedBus and MakeMyTrip among platforms to launch service that gives money-back guarantee

HDFC Bank UPI services to be down for 4 hours on June 8: What to know

Customers should plan payments and transactions to avoid inconvenience, says lender

RBI rate cut: EMIs may fall to Rs 68,000-70,000 for Rs 1 crore home loan

RBI cuts repo rate by 50 bps to 5.5%, making home loans cheaper. Borrowers with repo-linked loans to see quicker EMI relief; others may consider switching

Rs 500 notes are not being withdrawn: Govt rejects fake YouTube video

A viral video claims Rs 500 notes will be discontinued by 2026; government confirms there's no such plan

RBI cuts repo rate to 5.5%: What it means for your loans, EMIs and savings

With limited space left after cumulative rate cuts of 100 bps since February 2025, the RBI has also shifted its policy stance from "accommodative" to "neutral

New to investing? BSE's free Nivesh Mitra app helps you learn without risk

BSE Nivesh Mitra allows users to simulate market participation in equity and mutual funds using actual historical data, as per SEBI guidelines.

PF withdrawal decoded: Timelines, common delays, how to ensure smooth claim

The most prevalent challenges in processing PF withdrawal applications include mismatched Aadhaar and PAN details, unverified bank account information, and the employer's failure to update date of UAN

All market index funds make diversified investing easy and simple

Remember that such funds may correct more than a frontline index during a market correction

Punjab National Bank slashes EV loan rates to 8.30% to drive green mobility

Financing: PNB's s Solar Rooftop Scheme offers financing of up to 10 kW for solar power systems with nil processing/documentation charges, attractive interest rates starting from 6.50%