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Loan Reduced Smart Trick : If you have taken a loan and are struggling to pay off the interest rates, this news is for you. In this article, we will share a smart trick that can make your loan significantly cheaper. This one decision could save you lakhs of rupees. Let’s dive into the details of this smart trick. Impact of Bank Interest Rate Cuts on Your Loan Following the recent repo rate cut, banks have started reducing the interest rates on home loans, personal loans, and more. However, even with these reduced rates, some borrowers may still feel that their loans are expensive. If you too feel that your loan is costing you more than expected, there's no need to worry. You can use some smart methods to make your loan cheaper. Let’s see how. The First Step You Should Take If you are making timely EMI (Equated Monthly Installments) payments and have a good credit score, your first step should be to approach the bank and negotiate for a better interest rate. If the bank does not...

In the digital age, most of us rely on online payment methods like UPI, mobile wallets, and bank transfers for our daily transactions. However, there are still times when we need to withdraw cash from ATMs. Recently, the Reserve Bank of India (RBI) has introduced a significant change that affects how much you will pay for withdrawing money from ATMs. Starting from May 1, 2025 , ATM users will need to pay more for withdrawals beyond the free limit. What’s Changing in ATM Withdrawals? ATMs have become a convenient way for people to access cash without waiting in long lines at the bank. Whether it’s for a quick grocery run or an emergency, ATMs have been helpful in offering easy access to money. However, this convenience is about to cost you more. From May 1, 2025 , if you withdraw money from an ATM beyond your free transaction limit, you will have to pay higher charges . New Charges on ATM Withdrawals As per the new rule, RBI has approved an increase in ATM withdrawal charges f...

भारत में हर कोई नकद लेन-देन करता है और ऐसे में कई बार हमारे हाथ में कटे-फटे या खराब नोट आ जाते हैं। कभी ये जेब में धुल जाते हैं, कभी फट जाते हैं, तो कभी किनारे से कट जाते हैं। ऐसे नोटों को दुकानदार या कोई व्यक्ति लेने से मना कर देता है। नतीजा – नुकसान सिर्फ आम आदमी को होता है। लेकिन अब परेशान होने की जरूरत नहीं है। रिजर्व बैंक ऑफ इंडिया (RBI) ने ऐसे खराब या कटे-फटे नोटों को लेकर स्पष्ट गाइडलाइन जारी की है, जिसे जानना हर भारतीय के लिए जरूरी है। इस लेख में हम आपको सरल और आसान भाषा में बताएंगे कि कैसे आप कटे-फटे नोटों को बदल सकते हैं, क्या नियम हैं, कौन से नोट बदले जा सकते हैं और कौन से नहीं, और अगर बैंक मना कर दे तो क्या करें। 1. RBI ने क्यों जारी की ये गाइडलाइन? भारतीय रिजर्व बैंक देश में करेंसी की छपाई, प्रबंधन और नियमों के लिए जिम्मेदार है। जब लोगों को खराब नोट मिलते हैं और वे बाजार में स्वीकार नहीं किए जाते, तो इससे आम लोगों की परेशानी बढ़ती है। इसी को ध्यान में रखते हुए RBI ने म्यूटिलेटेड (Mutilated) नोट्स यानी कटे-फटे, जले, गले या नष्ट हो चुके नोटों के बदले जाने के नियम बनाए ह...

Owning a home is a dream for every individual. But with the rising property prices, buying a house has become a major challenge for the common man. In such a situation, a home loan becomes a helpful tool that enables people to fulfill this dream. However, before taking a home loan, it's important to understand the interest rate, EMI (Equated Monthly Installment), and total repayment amount. This helps in proper financial planning and avoids future difficulties. In this article, we will explain how much EMI you will have to pay if you take a ₹40 lakh home loan for 25 years from Bank of Baroda (BOB) , along with the total interest payable. Let's understand the full calculation in a simple and clear way. The Dream of Owning a House and the Need for a Home Loan In India, having one’s own home is a dream shared by almost everyone. But due to rising inflation and skyrocketing property prices, buying a home has become increasingly difficult. Even a simple 2BHK apartment in a m...

Gold is one of the most precious metals in the world. It is not just a piece of jewellery but also an important investment. However, a small mistake while buying gold can cost you a lot of money. Many people think that checking the "916" hallmark is enough. But experts say you need to check more than just that to ensure you're buying real, pure gold. Today, we’ll share with you 5 important tips that you must remember every time you buy gold. 1. '916' is Good, But It's Not Everything The number '916' means that the gold is 91.6% pure, which is known as 22-carat gold. This is a good sign, but it’s not the only thing you should trust. You should not buy gold by looking only at the 916 mark. You must check other signs of purity and authenticity too, to make sure that you are getting what you are paying for. 2. Proper Hallmark Verification is a Must Always check for the complete hallmark details on the jewellery. According to the Bureau of In...

आज के समय में संपत्ति को लेकर झगड़े बहुत आम हो गए हैं। प्रॉपर्टी के दाम तेजी से बढ़ रहे हैं और इसे खरीदना हर किसी के बस की बात नहीं रही। ऐसे में लोग मिलकर यानी संयुक्त रूप से प्रॉपर्टी खरीदते हैं। लेकिन जब एक हिस्सेदार बिना सबकी सहमति के अपना हिस्सा बेचना चाहे, तो विवाद पैदा होना तय है। ऐसे में आपके पास क्या विकल्प हैं? कैसे आप उसे रोक सकते हैं? किस-किस कानूनी प्रावधान का सहारा ले सकते हैं? आइए आज इस विषय पर विस्तार से, सरल भाषा में समझते हैं। ज्वाइंट प्रॉपर्टी क्या होती है? जब एक ही संपत्ति पर दो या दो से अधिक लोगों का मालिकाना हक होता है, तो उसे ज्वाइंट प्रॉपर्टी या साझा संपत्ति कहा जाता है। इसमें सभी हिस्सेदारों के कुछ अधिकार होते हैं: प्रॉपर्टी पर कब्जे का अधिकार प्रॉपर्टी के उपयोग का अधिकार अपने हिस्से को बेचने का अधिकार लेकिन ध्यान रहे — एक हिस्सेदार बिना अन्य हिस्सेदारों की सहमति के पूरी संपत्ति को नहीं बेच सकता। संपत्ति विवाद का मुख्य कारण भारत में संपत्ति विवादों का सबसे बड़ा कारण है कानून की सही जानकारी का अभाव। लोगों को नहीं पता होता कि जब साझेदार अपनी मर...

Home Loan EMI Tips: After RBI's Repo Rate Cut, Use These Smart Ways to Reduce Your EMI The Reserve Bank of India (RBI) recently reduced the repo rate by 50 basis points, or 0.50 percent. This step allows banks to lend loans at a lower interest rate, reducing the cost of loans. The direct benefit of this is for home loan borrowers, as when the repo rate decreases, banks generally lower their interest rates, which can result in reduced EMIs. While you may benefit from the lower interest rates, do you know that you can still reduce your home loan EMIs even further? Let’s dive into this in detail and explore 5 smart ways you can reduce your home loan EMI. 1. Transfer Your Loan Balance to Another Bank If your current loan carries a high interest rate, transferring it to another bank can be a smart and beneficial move. Many banks are currently offering balance transfer options at lower interest rates starting from 8.75%. The benefits of a balance transfer include: Lower Interest R...