Category: Personal Finance

Maximum Limit of sending money from India to US & Other Countries

Maximum Limit of sending money from India to US & Other Countries

With the advent of Globalisation, more and more Indians have now started settling abroad. They are not only settling abroad but have also started sending money from India to US,...

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Prepayment and Refinancing as tools to reduce the increasing EMI’s

Prepayment and Refinancing as tools to reduce the increasing EMI’s

Has the Interest Rate caught you off guard and you are in a situation where you don’t see a way to cope with the rising EMI’s of floating home loan...

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What is Reverse Mortgage – It’s Meaning, Importance & Taxation?

What is Reverse Mortgage – It’s Meaning, Importance & Taxation?

Most people cherish a lifetime ambition to own a house property, which normally materialises while they are in active economic pursuit. Time comes, soon after retirement to reflect upon the...

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Pricing of an IPO and its Credit Rating

Pricing of an IPO and its Credit Rating

In our previous article we discussed about What is an IPO and in this article we’ll explain the methods of Pricing of an IPO and Credit Rating of IPO. An...

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What is an IPO/FPO?

What is an IPO/FPO?

Initial Public Offer (IPO) refers to sale of shares of a company to the General Public for the 1st time. And if this offer to the public is not for...

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Why do Banks ask for Bank Statements for Processing Loans?

Why do Banks ask for Bank Statements for Processing Loans?

One of the Major Requirements while filing an Application for Loan is the Bank Statements of the Previous Six Months. But what is the benefit of providing the Bank Statements...

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Should you withdraw your Investment in Mutual Fund all at once or is there a Better Option?

Should you withdraw your Investment in Mutual Fund all at once or is there a Better Option?

A lot has been said and heard about Investing in Mutual Funds via the SIP Route but what about Exit. If we can derive the Benefit of Averaging while Investing,...

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How much time does it take to double your Money?

How much time does it take to double your Money?

We all work day and night for one thing – Money. We all ensure that we use this Money for the right purpose so that we can also save for...

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How much money should you Save for your Retirement

How much money should you Save for your Retirement

Every Individual knows that one day he won’t be able to earn as much as he is earning today so he starts saving for the future and planning for Retirement....

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Personal Finance – Page 17 – Chartered Club