When to reduce your home loan burden

Owning a home brings pride and satisfaction, but it is also the biggest financial obligation for the individual. The flurry of rate hikes by the RBI has pushed up home loan rates from 6.5% to 9% in the past 15 months. A 20-year home loan taken in April 2022 at 6.5% will now have to…

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New Rules For NPS Withdrawals Coming Into Effect From February 1: Check What Changes It Brings

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has introduced fresh guidelines for withdrawing pensions through the National Pension System (NPS), set to be effective from February 1, 2024. These regulations outline conditions for subscribers looking to make partial withdrawals from their pension accounts. According to the updated rules, subscribers can withdraw a…

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New FASTag Rules Implemented from August 1: All You Need To Know

Starting August 1, the National Payments Corporation of India (NPCI) has introduced new FASTag rules aimed at streamlining toll collection, reducing congestion, and enhancing the efficiency of the nation’s roadways. These changes also necessitate users to update their accounts to avoid potential inconveniences at toll plazas. Consequences of Non-Compliance Adhering to the new rules and…

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Diwali Bank Holiday 2024: Here’s When Banks Are Closed, Check Details Here

Bank Holiday On Diwali: In 2024, Diwali (Deepavali) will be observed as a public holiday in India. Deepavali is one of the most significant festivals in India and among Hindu communities worldwide. It is celebrated with grandeur across multiple regions, and its relevance extends beyond religious traditions, having deep cultural, spiritual, and economic significance. Diwali…

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