Finance

Real life experience and money saving tips about home loan, personal finance, credit cards and things that bank would not tell you.

sbi maxgain home loan account helps earn more interest than savings account if you plan carefuly

SBI Maxgain Home Loan Account – Park Money – Higher Savings

 15 Nov, 18 

SBI maxgain home loan account - set off high loan interest outgo tax free. Surplus amount withdrawal allowed after possession, full disbursement of loan.

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Registered power of attorney for property management in India

Registered Power of Attorney In India – NRI – Possession of Property

 14 Nov, 18 

Registered power of Attorney In India required if you are NRI with Indian Embassy attestation. Sample POA template to register in SDM or registrar office.

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Loan from public sector or private sector bank? Evaluate costs, loan process, after sales service with re-payment, pre-payment and flexibility

Loan From Government Bank Vs Private Bank – Whats The Difference?

 5 Nov, 18 

Compare Loan from private vs public bank India. Public banks offer low processing fees, faster reduction in interest rate with RBI REPO rate reduction, no pre-payment charges and no pre-payment period restriction. Private bank have faster processing, good customer care but high interest rates and charges.

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LTA – Leave Travel Allowance, Income Tax Rules explained

 25 Oct, 18 

LTA is leave travel allowance meant for making tax exempt holiday once in period of two years with or without family. Air travel, train ticket cost (economy or first class AC), hotel and taxi bills within India (no abroad) are allowed. Full LTA that is part of CTC can be claimed with receipts.

13 Finance
How much loan can I get on my salary in India

How much Loan can I get on my Salary in India?

 18 Oct, 18 

Home loan eligibility is 60 times net monthly salary with wife/parent as co-applicant. Credit card balance deducted. Bank gives 90% of home white money cost.

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Food coupons are tax exempted and help you buy grocery too

Food Coupons or Meal Vouchers help Increase in-hand Salary – India

 2 Oct, 18 

Food coupons save income tax on Rs 50 per meal in working hours. Grocery, use food card at restaurant, Sweet Shop, bakery, Pizza hut, KFC, Subway, Big Bazaar.

10 Finance