Check out the Best Car Loans to Buy a Car of Your Dreams

best car loan

Buying a stylish car is the ultimate dream of many people. Do you too get excited when a Sedan or Audi passes by you on the road? There are people who simply jump on their bed when a brand new car enters the market. They are eager to know every minute detail about the car. In today’s time a car is no longer a luxury but has become  necessity. A car adds spark to your style statement and you can easily say goodbye to the public transport when you have your own car. Once you buy a car there is no need to hire a cab or auto.

You can go on long drives and plan short trips to nearby hill stations. Your car is the best medium to make ever lasting memories. Buying a car may turn out to be heavy for your pocket if you have not made enough savings. This is where a car loan comes into the picture. You can easily avail a car loan and repay the loan in the form of monthly installments. Just in case you have pooled up some savings, then you can you use the same to pay the down payment amount to the car dealer and the rest will be taken car by your car loan lender. Car Loans can be availed for a maximum period of seven years and can be used to buy any passenger car or multi utility vehicle (MUV) in India. Before you decide to avail a car loan you must be aware about the best options available in the market. To make things easier for you, this article will throw light on the best car loans available in India.

SBI Car Loan

State Bank of India is one of the leading public sector banks in the country and is a major player in the car loan segment. The best part about a SBI car loan is that product is available to agriculturists in addition to salaried employees, self-employed people, partnership firms and professionals. With interest rates between 9.10-9.25%, the product is quite affordable and easy to the pocket. No processing fee is charged for a new car loan and there are no foreclosure charges as well. The product can be used to buy a passenger car, a MUV or a SUV ( sports utility vehicle). The applicant must be between the age of 21 to 65 years and must an income stated by the bank. In case of a new car, the bank offers a loan amount up to 85% of the on-road price of the vehicle.

HDFC Car Loan

HDFC, one of the prominent private sector banks in India is one of the leaders in the car loan segment. HDFC car loan is one of the best car loans in India and can be availed by any eligible salaried employee or self-employed person at an interest rate of 11.50 to 13.75%. Quicker loan disbursal, higher amount and flexible tenure makes the product a hit amongst car loan seekers. One can secure a loan amount upto 100% of the on-road price of the vehicle. The applicant must be above the age of 21 years while applying for the loan and must earn a minimum annual income imposed by the bank.

ICICI Car Loan

Another product that can be called as one of the best car loans in the market is an ICICI car loan. ICICI Bank is a well known name in the Indian banking sector and is known for its affordable car loans. The interest rates for the same is between 10.75-12.75% nd depends on the tenure of the loan. Faster approval, easier documentation process and higher loan amount are some of the best reasons why the product is so much in demand. One can secure a car loan up to 100% of ex the showroom price from the bank. The product can be availed by both salaried employees and self-employed individuals.

Axis Bank Car Loan

Axis Bank, one of the leading private sector banks in India holds a good share in the car loan market. With interest rates between 11 to 12%, an Axis Bank car loan has turned out to be quite popular amongst the car loan seekers. Instant approval, provision to earn eDGE reward points, flexible tenure are some of the reasons why the product is so much highly demanded in the market. The car loan can be availed by any eligible salaried employee or self-employed person for an amount up to 85% of the ex showroom price of the vehicle.

As a loan borrower you have multiple options in the form of a car loan. These are some of the best car loans available in the market. You should choose a product which offers you the maximum benefits and is friendly to your pocket. I wish you all the luck for a successful car loan journey.

Explore the World of Unforgettable Experiences with a Citibank Credit Card

citibank credit card

Credit cards are the perfect tools of plastic money and have turned out to be a very significant part of our financial life. You no longer need to carry huge amount of cash with you when you can simply swipe your card and make cashless payments. The credit card in your wallet will emerge to be your best companion in times of any financial emergency. What if you get an urgent call from your mother and you need to book flights to your hometown? You can now easily do so with the help of your credit card.

The market has many lenders who are eager to offer you a credit card but you must act decisively and choose the best one for yourself. Out of all the credit cards, the one offered by Citibank have turned out to be highly demanded because of their features and the maximum benefits they offer. As a matter of fact, Citibank is a major investor in the country’s financial market is currently operating in corporate banking, NRI banking and personal banking. In case you are thinking of getting a card for yourself, then a Citibank credit card will turn out to be the best option for you. This article will provide you with all the relevant information about the card offered by Citibank.

Features, benefits and charges of a Citibank Credit Card

Under this section, I have covered the top three credit cards offered by Citibank.

Indian Oil Citi Platinum Credit Card

  • No Joining Fee
  • Annual Fee of Rs 1,000, but it can be waived if spends over Rs 30K is made on your credit card
  • You can earn over 70 litres of fuel in a year
  • You can save over 5% on fuel at Indian Oil Corporation (IOC) outlets
  • You will get four turbo points on when you spend Rs. 150 on fuel at authorized IOC retail outlets across the country
  • You can earn two Turbo points on every Rs. 150 spent on grocery stores and supermarkets
  • You can earn 4X turbo points at selected online partners and merchant outlets including the likes of MakeMyTrip, Freecharge,Flipkart and Grofers

Citibank Premier Miles Credit Card

  • No Joining Fee
  • Annual fee of Rs. 3,000
  • You can win 10,000 miles if you spend Rs. 1,000 within the first sixty days
  • You can get 3,000 miles on our card renewal
  • You can earn 10 miles on every Rs. 100 spent on airline transactions
  • You can earn 10 miles when you spend Rs. 100 on any partner online merchant

Citibank Cash Back Credit Card

  • No Joining Fee
  • Annual Fee of Rs 500
  • You can enjoy 5% cashback on purchase of movie tickets, payment of telephone and utility bills
  • You can save upto 15% on selected restaurants
  • There is 0.5% cashback on other spends

Citibank Credit Card Eligibility

In order to avail a credit card, the applicant must fulfill the eligibility criteria set by the Citibank. The applicant should be an Indian national and must earn a minimum monthly income as imposed by the bank. He/she should be above the age of 18 years while applying for the card and must have a good credit score. The applicant needs to have a PAN card so as to apply for the card. He/she should provide all the correct details to the bank.

Documents Checklist

The list of important documents need to avail a credit card has been given below.

  • Proof of Identity- Aadhar card/ PAN card/ Voter ID card/ Driving License/ Passport
  • Proof of Address- Aadhar card/ Voter ID card/ Utility bill/ Rent & lease agreement
  • Bank Statement for the last three months

Citibank Credit Card Status

In case you have applied for a Citibank credit card, you can track the application status for the same online by going to the official website of Citibank. You can check the application status by entering the application ID and the Zip code. You can even track the status by entering your mobile number, Zip code and date of birth. You can also contact the customer care team or visit the nearest branch of the bank.

Citibank Credit Card Statement

The cardholder gets a monthly statement from the bank showing the payments and transactions made for that particular month. The statement is dispatched to the card user via post or e-mail to the registered mail address.Yu need to register your email address with the bank so as to receive monthly statements.

Citibank Credit Card Customer Care

In case you have any problems or queries related to your Citibank credit card you can contact the customer care representative on the number 18602102484.The representative will hear your problem and will try to resolve it as soon as possible. The customer care team is available 24X7 so as to resolve any of your issues.

Know about HDFC Car Loan Eligibility and get your dream car home!

car loan

HDFC Car Loan Eligibility criteria is a set of norms and rules  that are decided by the bank before hand so as to judge the aptness of the applicants. HDFC is one of the finest banks in the country with a wide range of products that help its customers lead a happy and financially secured life. Having a vehicle of one’s own is one of the biggest milestones in an individual’s life. However, not having adequate funding can make you wait endlessly to see this dream come true. To avoid this, HDFC  provides this finance facility to it customers to help them buy their dream vehicle. The bank provides finance to not only new car loan but also pre-owned cars. The fact that this bank has always been keen to provide the unique and the best to fit-in all the needs and desires of its customers make it stand out. Read on to know in depth about this product!

HDFC Car Loan Eligibility

The eligibility criteria is as follows:

 

  • For salaried professionals
  • Age limit: The age limit of the applicant as prescribed by the bank ranges between 21 years to 60 years.
  • Minimum annual income: The minimum annual income of the applicant sought by the bank is ₹ 1.8 Lakhs.
  • Professional experience: The applicant must have a professional experience of at least 2 years along with an experience of at least 1 year with the current employer.
  • Other: The applicant must have a postpaid telephone connection to his/her name. This telephone connection could be at home, office or of mobile of the applicant.
  • For self-employed individuals
  • Age limit: The age limit of the applicant as prescribed by the bank ranges between 21 years to 65 years.
  • Minimum annual income: The minimum annual income of the applicant sought by the bank is ₹ 60,000 to ₹ 1.5 Lakhs.
  • Professional experience: The applicant must have a professional experience of at least 2 years in the same business.
  • Other: The applicant must have a postpaid telephone connection to his/her name. This telephone connection could be at home, office or of mobile of the applicant.

 

HDFC Car Loan Interest Rates

HDFC Car Loan Interest Rates are highly competitive and economical. The bank provides credit at a nominal rate ranging between 11.50% to 13.75%, depending upon the segment of the vehicle.

HDFC Used Car Loan

HDFC Used Car Loan is a unique facility provided by the bank. The bank provides credit facility to its customers for pre-owned vehicles at nominal rates. This facility comes with many benefits. The bank provides credit up to 100% of the value of the vehicle. Not only this, the rate of interest for this facility remains fixed during the tenure. Also, the applicant need not worry about the down payment of the vehicle as this facility allows the applicant to pay the lowest down payment possible. All these benefits make this facility unique and highly competitive.

HDFC Car Loan Status

HDFC Car Loan Status helps the applicant know the status of their credit application. Credit application and approval can sometimes take a long time which can be quite frustrating for the applicant if they need to visit the bank branch for knowing every small detail. This facility makes it convenient for the applicant to be in touch with all the details of application process. This status can be checked by the HDFC Car Loan login ID which allows the access to this status anytime and anywhere. This facility helps make the application process more transparent and flawless.

HDFC Car Loan Statement

HDFC Car Loan Statement is the record of the progress being made over time in the loan repayment over the due course of time. During the entire tenure, all the repayments and defaults are recorded in this statement for the sake of record. The customer can access this statement anytime and anywhere using the unique HDFC Car Loan login ID provided by the bank. This ID helps the customer stay in touch with all the major transactions being done and any progress that is being made in the credit facility.  

HDFC Car Loan Customer Care

HDFC Car Loan Customer Care is a prompt service provided by the bank to help their valued customers with their doubts, queries and grievances. The customers can get in touch with this division through various channels. You can either send them an email regarding your query. You can also get in touch with them through the toll free number provided by the bank. Also, you can visit the nearest bank branch during the office hours to get in touch with their executive and resolve your queries in person. All the necessary information regarding this can be found on the official website of the bank.

Lower Bajaj Finserv Personal Loan Interest Rate can Reduce your EMI

The requirement of money can arise anytime and in such circumstances one credit facility that you can avail in the shortest time possible is personal loan. It is a type of unsecured loan that is quickly disbursed without much difficulty. Since, it is an unsecured loan it is believed that the interest rate on this loan product will be high. Yes, it is true the rate on this credit is higher in comparison to other secured loan. But you can lower the repayment cost  by comparing the lending rates of various banks and financial institutes.

The rate of interest decides how much interest you will be paying on the amount availed. Bajaj Finserv Personal Loan interest rate depends on the loan amount, tenure and repayment capacity of the individual. The rates also depend on the source of income as well.

The loan proposed by the bank can be consumed for financing any of the personal needs, such as for the wedding of children, expansion of business, medical emergency, to travel or for higher education. The company helps people in need by providing the required amount of finance. However, the loan is provided to the eligible candidates. The eligibility norms as prescribed by the bank are:

  • Only the salaried individual can avail the benefit of PL
  • The minimum age of the applicant should be 25 years but should be more than 53 years
  • The applicants living in Ahmedabad, Bangalore, Chennai, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Pune, Surat and Thane must earn a minimum salary of Rs. 40,000 per month.
  • For the citizens living in Chandigarh, Cochin, Jaipur and Nagpur the minimum net salary should be Rs. 35,000.
  • The loan applicants residing in Aurangabad, Baroda, Bhubaneswar, Indore, Madurai, Mysore, Nasik, Trivandrum, Vijayawada and Vizag must earn a minimum monthly salary of Rs. 30,000.

To avail the benefit Personal loan the candidate has to apply on the company’s official website. Or even by visiting the nearest office branch you can apply for the loan. You need to fill the application form. The form comprises of following sections:

  • Personal Details
  • Income Details
  • Loan Details ( amount, tenure and repayment period)

With the application form you need to submit the following documents.

Proof of Identity – Passport / Voters ID card / Driving license / PAN card

Proof of Residence – Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR / Admin sign)

Employment Proof – Employee ID card

Income Proof – Salary slips of last 2 months

Bank Statements – Salary account bank statement of the last 3 months

The loan application if approved will be credited to your account. You can utilise the amount as per your wish. It also, provides multiple options to repay the loan. The product is uniquely designed to help people and let them fulfill their wishes and desires. The company aims at delivering the best and providing the quality service to the customers.

The Bajaj Finserv Personal Loan Interest Rate are also competitive. It offers the best pricing and let you accomplish your goals. The features that make it all the way more reliable are provided below:

Features of Bajaj Finserv Personal Loan

  • Instant online loan approval – The online application is instantly approved and the documents are collected from the house of the applicant.
  • Amount disbursed within 72 hours – After approval, the loan is disbursed within 3 days and the amount is credited to the account of the applicant.
  • Get loans up to Rs. 25 lakhs – The applicant can avail the loan of up to Rs. 25 lakhs as per his/her eligibility.
  • Flexible loan tenure – The loan can be repaid during the tenure ranging from 24 months to 60 months.

AXIS Bank Personal Loan Interest Rate: Dreaming made easier!

personal loan

AXIS Bank Personal Loan Interest Rate is one of the best features of AXIS Bank Personal Loan that urges the applicants to go for this product. AXIS Bank is one of the most reputed and consumer-friendly banks in the country. Widely appreciated for its ace service quality and well planned products, the bank offers the lowest interest rates in the segment along with unparalleled benefits to its customers. Know more about this product down below!

AXIS Bank Personal Loan Apply

AXIS Bank Personal Loan Application involves knowing about the features and benefits of the product and knowing your eligibility to avail it.

AXIS Bank Personal Loan Features: AXIS Bank Personal Loan bears unmatched features and benefits which make it stand out. Take a look!

  • Credit amount of your choice- You can choose your credit amount ranging from ₹ 50,000 to ₹ 15,00,00.
  • Tenure of your choice- You can ease down your EMIs by choosing your loan tenure ranging from 1 year to 5 year.
  • Calculate your EMIs conveniently- You can calculate your EMIs before going forward with the loan using the AXIS Bank EMI Calculator.
  • Best Interest Rates- Enjoy the best interest rates starting from 15.5%.
  • Transfer of existing loans- You can also transfer your existing loans to AXIS Bank Loan to avail better rates and facilities.
  • Hassle-free loan application- Avail the credit facility in a jiffy without any hassles.
  • AXIS eDGE Reward Points- Enjoy the AXIS eDGE Rewards Points on loan disbursal.

AXIS Bank Personal Loan Eligibility: AXIS Bank Personal Loan Eligibility Criteria is as follows:

Nature of Profession- The applicant can be a salaried professional, including salaried doctors, employees of private limited companies, employees of public limited companies and employees of government sector, public sector undertakings and central and local bodies.

Age Limit- The applicant must fit-in the age limit criteria which is 21 years to 60 years.

Minimum Monthly Income- The applicant must make a minimum monthly income of about ₹ 15,000.

AXIS Bank Personal Loan Interest Rate 2017

AXIS Bank Personal Loan Interest Rate for the year 2017 are as follows:

  • Rate of Interest- 15.50% to 24%
  • Processing Fee- 1.5% to 2.0%, along with applicable Service Tax
  • Prepayment or Foreclosure Charges- None
  • Cheque Bounce Charges- ₹ 500 for every cheque bounce along with Service Tax
  • Default Interest Rate- 24% per annum i.e. 2% per month on the overdue installment

AXIS Bank Loan Calculator

AXIS Bank Loan Calculator helps the applicant get a fair idea of what the credit amount and monthly installments are going to look like after the loan is approved and processed. The bank provides for two types of calculators- AXIS Bank Eligibility Calculator and AXIS Bank EMI Calculator. The AXIS Bank Eligibility Calculator makes it easier for the applicant to determine his/her eligibility for the loan application. The bank has some pre-set conditions and criteria for judging the apt applicants. By feeding in your basic details in this tool you can easily gauge your eligibility for the credit facility. The AXIS Bank Personal Loan EMI Calculator gives you a clear picture of the monthly installments that you will have to pay toward repayment of the credit. As calculation of EMIs could be a very tedious task, this device makes it easier for the applicant to ascertain the amount of the monthly installments. All you need to do is, feed in the key details of your loan such as the loan amount, the rate f interest offered by the bank and the total loan tenure. The tool will automatically churn out the monthly installment amount in almost no time. AXIS Bank Loan Calculators play a crucial role when it comes to applying for a loan as such crdit facilities are a long term commitment and should be finalised after thorough thinking.

AXIS Bank Personal Loan Login

AXIS Bank Personal Loan Login is the facility provided by the bank to all its valued customers. While applying for the AXIS Bank Personal Loan, each of the applicants is provided with a unique Login ID which allows them an access to their Personal Loan Account. This Login helps them stay in touch with the constant progress in the loan and the scheduled EMI deductions. This facility is a highly appreciated step taken by AXIS Bank towards increasing the convenience of its customers and presenting to  them an ultimate banking experience.

AXIS Bank Personal Loan Customer Care

AXIS Bank Personal Loan Customer Care division can be contacted through various channels to clear out the doubts and queries regarding the product. You can easily get the AXIS Bank Personal Loan Contact Number on the official website of the bank. Alternatively, you can request a call back from the bank by putting forward a request on the official website of the bank. Also, you can visit the nearest AXIS Bank Branch for all your grievances during the working hours and on any working day.

Know the contribution of Kisan Credit Card in Agriculture Sector

Kisan Credit Card is a pioneering initiative to provide timely and assured credit facility to the farmers. Via this credit delivery innovation, the farmers are provided with credit card and a passbook or a credit card cum passbook carrying all the key details of the applicant such as their name, address, details of land holding, validity, borrowing period and much more. Kisan Credit Card is a simple and flexible process that takes care of the short-term, medium-term and long term financial needs of those who are engaged in agriculture and allied activities. Know more about this highly beneficial initiative down below!

Brief history of Kisan Credit Card

The idea of the Kisan Credit Card Scheme was initiated in the Budget Speech of the year 1998-1999 by Mr. Yashwant Sinha, the then Finance Minister. As per the speech, NABARD was to formulate a model scheme for the issuance of KCC Scheme to those associated with agriculture and allied activities on the basis of their land holding. This initiative was to allow the farmers an unhindered access to financial aid for the purchase of agricultural inputs such as seeds, pesticides and the likes. This scheme was expected to take care of the production needs of the farmers. After the formulation of Model Kisan Credit Card Scheme by NABARD, the scheme was circulated to commercial banks by the RBI and to cooperative banks by NABARD.   

Features of Kisan Credit Card

The major features of KCC are:

  • The eligibility criteria for this scheme includes marginal farmers, share croppers and tenants.
  • With This scheme, the process of screening and credit delivery gets simplified. This is an excellent initiative for the farmers who are not aware of banking facilities and financial aids that they can avail.
  • It involves simple and one-time  documentation. The subsequent documentation is done on various criteria such as the declaration of the farmer for crops to be raised and the likes.
  • The credit limit for each applicant differs under this scheme and is based on the land holding, credit history and income of the farmer.
  • It offers quick, accurate and on-time credit facility to the farmers.
  • This scheme provides the applicants with flexible repayment options and allows rescheduling of repayments if the need be.
  • This financial facility can be used to withdraw cash and take loans as well.
  • It also provides for an insurance coverage to the applicants.
  • This scheme takes care of all financial needs of the farmers pertaining to the agricultural practices and requirements.

Benefits of Kisan Credit Card

Below are listed some of the major benefits of KCC.

  • The scheme bears easy and convenient disbursement procedures.
  • The facility assures on-time and assured credit availability to the applicants.
  • Wards off any rigidity regarding cash and/ or kind.
  • The facility can be availed at once for multiple crops.
  • The scheme provides credit assurance at anytime.
  • Bears lower interest rates than any other credit facility.
  • The utilisation of credit amount rests to the will and wish of the applicant.
  • The applicants can avail the credit facility for up to 3 years.
  • The scheme allows maximum credit facility based on an agricultural income.
  • The applicants can withdraw without any restrictions within the credit limit.
  • The applicants need not worry about the repayment of the loan until the harvest is done.
  • The applicants can withdraw cash, procure inputs and use the credit amount for agricultural and production purposes.

Eligibility for Kisan Credit Card

The following eligibility criteria is preferred by the banks before the issuance of KCC.

  • The applicant must be associated with agricultural and allied activities. The facility can be extended irrespective of the fact whether the applicant is an individual or a joint borrower who is an owner cultivator.
  • Tenant farmers, oral lessees and share croppers are also eligible for this scheme.  
  • Farmers belonging to SHGs and Joint Liability Groups can also make use of this scheme.

Documents required for Kisan Credit Card

The following documents would be required in order to avail the Kisan Credit Card:

  • Completely filled application form
  • Proof of Identity
  • Proof or Residence

Documents such as Voter ID, PAN Card, Driver’s License, Aadhar Card and Passport can be used as a proof of identity and/ or residence.

Fixation of credit limit

The credit limit is determined as per the need and financial capability of the farmers.

  • For Marginal Farmers: For Marginal Farmers, a flexible credit ranging from ₹ 10,000 to ₹ 50,000 can be provided as a Flexi KCC. The determination of this credit facility would depend upon landholding, choice of crops, post harvest storage needs, farm expenses, consumption needs and much more.
  • For farmers other than marginal farmers: For farmers other than marginal farmers, the credit limit available is as follows:
    • Short Term Limit for 1 year
    • Credit Limit for Second and subsequent years
  • Term Loans: term Loans are usually availed for purpose of land development, minor irrigation, purchase of farm equipments and other agricultural activities. This loan facility is ascertained based on the unit cost of the proposed assets that are to be acquired by the farmer, the ongoing allied activities on the farm, repayment capacity of the farmer and total loan on the farmer.

Validity and Renewal Policy of Kisan Credit Card

The validity period and renewal policy rests at the discretion of the banks who offer the facility and may differ accordingly. The extension and rescheduling of the repayment period on account of a natural calamity or a bad crop would take place along with the extended amount of limit. In case the proposed extension period is more than one crop season, the cumulated debits are to be transferred to a separate term loan account with repayment to be divided into installments.

Make way for your dream home with an easy HDFC Home Loan Eligibility

hdfc home loan

HDFC Home Loan Eligibility is one of the most relaxed amongst all the other products in the segment. Having a home of your own is one of the most peaceful and unmatched feelings. Many of us work towards this most treasured dream patiently and tirelessly. However, considering the current inflation rate, it is going to be very difficult for a majority of us to call a house our home. The HDFC Bank lends a helping hand to give spine to your dreams. HDFC Home Loan is not only affordable but reasonably priced. Having helped countless people in buying a home of their own, HDFC Home Loan is one of the leading products in the industry. Know more about how you can fit in the eligibility criteria set by the bank!

HDFC Home Loan Eligibility

HDFC Home Loan Eligibility considers a number of important details of the applicant to judge their capability to avail the HDFC Home Loan and their capacity to repay. Factors such as age limit, nature of profession, monthly income, nationality and credit score are the basic factors that play a vital role in the determination of one’s eligibility. The applicant must belong to the assigned age limit for successful credit application. The bar for monthly income is decided as per the nature of profession of the applicant. It is prescribed for the applicant to bear the nationality of India and have a considerably good credit score. It is of immense importance for the applicant to have an excellent credit score and not have any financial default history. Considering these basic details, HDFC draws out the parameters for the potential applicants.

HDFC Home Loan Interest Rates

HDFC Home Loan Interest Rates are determined after much thought and consideration. The rate of interest for HDFC Home Loan ranges from 8.65% to 9.25%. For a credit facility up to ₹ 75 Lakhs, the interest rate ranges between 8.70% to 9.20%. However, the interest rate for the credit amount of more than ₹ 75 Lakhs sways between 8.75% to 9.25%.

Apart from this arte, female applicants are given the credit facility at a special rate. The interest rate for female applicants for an amount up to ₹ 75 Lakhs is 8.65% to 9.15% and for the amount above ₹ 75 Lakhs is between 8.70% to 9.20%.

HDFC Calculators

HDFC provides for four different types of calculators on their official website to ease out the process of credit application for its esteemed customers. Take a look!

HDFC EMI Calculator: The HDFC EMI Calculator makes it easier for the applicant to gauge the estimated EMIs that they would have to pay towards the repayment of the credit amount. This tool functions by simply taking in the basic details of your loan such as the loan amount, the rate of interest offered by the bank and the total loan tenure. By making calculations based on these details, the Home loan EMI calculator would simply churn out the amount of your monthly installment. This gives a fair idea to the applicant about how much they would have to shell out every month in order to repay the credit. The best feature of this tool is that you can go on doing these calculations endlessly as all you need to do is punch in the details and keep changing them until you are done. This tool not only saves a lot of time but is also a convenient way to make such cumbersome calculations.

HDFC Eligibility Calculator: HDFC Eligibility Calculator is a highly beneficial tool that calculates your eligibility for availing the HDFC Home Loan. To gauge your eligibility to avail the loan all you need to do is, feed in your details such as age, monthly income, nature of profession and the likes and calculate your eligibility. The best feature of this tool is that it takes almost no time to calculate your eligibility and considers every aspect that is relevant to apply for the credit.

HDFC Home Affordability Calculator: HDFC Home Affordability Calculator is a one-of-its-kind tool that is provided by the bank to its customers.This tool lets you get a clear picture of your finances- the ones that you have at your disposal and the ones that you can arrange. It helps you get a better idea of your eligibility for the loan. Using this tool you can save your time on considering irrelevant property deals and invest your time and effort on conveniently affordable property deals. Using the HDFC Home Affordability Calculator will keep you better informed about your financial position and will help you plan out your investment.  

HDFC Home Loan Customer Care
HDFC Home Loan Customer Care is the Customer Support facility provided by the bank to its valued customers. This division of HDFC Bank takes care of all the queries and grievances that the Home Loan applicants might have during and after the process of application. You can reach the customer care via the toll free numbers provided by the bank on their official website, through the unique customer login provided by the bank to each customer during the loan application, through sending an SMS to their number and by writing on their online grievance redressal portal. Alternatively, you can always visit the nearest HDFC branch or write an email to the manager of Home Loan product.

Facts You Should Know About LIC Home Loan Calculator

Home-loan

When it comes to buying a dream home, it would not be wrong to say that different individuals have different needs. Some prefer to live a luxurious life so buy a beautiful, big home whereas others simply want a comfort and simple living, hence buy a small home. However, one thing that also needs to be mentioned here is the fact that money also plays a vital role here. The more money you have, the bigger and better house you proudly own. But, what about those who don’t have enough cash or savings to own a big house. Afterall, every individual wants to live in a beautiful and big home but due to lack of funds some people don’t make it happen. But, don’t be disheartened as for them there is one smart and perfect solution. Yes, you read that right! Availing a home loan is no doubt an ideal option for those who are falling short of funds/cash to buy their dream home. Now, if we are talking about availing this credit facility, there are certain key factors that you always need to keep in mind.

Yes, apart from keep an eye on the interest rate, it is the LIC Home loan calculator you should be aware of the same so as to have a smooth and hassle-free loan journey. Yes, an EMI calculator is one such effective and smart device that helps in taking you the decision of availing a loan. Well, you can say that it is your perfect partner or companion that never lets you down when you are in need. It solves all your worries and problems in the least time frame and ensures that you get the results in the best possible way. However, to have a better understanding on the same, let’s just dig more about this topic in the article further and discuss more about it below…

We all give attention to the interest rates, believing that it is an important parameter of the loan. Indeed it is, there is no doubt in that, but there are other parameters as well which are equally important to help in realizing your dreams. And, and EMI calculator is one such helpful or you can say a life savior tool that allows you to live a tension-free life by answering all your questions. This smart device works on one simple algorithm, i.e. you provide data and it will fetch the results for you in few seconds. This machine works or functions when you the user feed the credential into the device. Now, what are these credentials? Just read the article below to find out.

It is your very own the Loan Amount, Home loan Interest Rate and Tenure. With these credentials you can easily know the exact amount of your EMIs, interest outgo and total amount payable. The moment you feed these details into the tool, it will fetch the results for you in the least time frame. The algorithm of this device has been designed in such a manner that it will give you the results in just few seconds. And, not to forget it comes with a lot of ease and comfort, hence has become the favorite of many. Earlier people used to do the calculations with a formula which is so complex and time-taking that it was a complete mess for the people then to churn out the results. But, with change in times the things have also changed and with the availability of this smart device it is no more a problem for you to know whether your monthly installments are pocket-friendly or not.  

Suppose, Rakhi Kapoor is looking to avail a home loan of 30 Lakh for a tenure of 25 years at an interest rate of 8.40% per annum from the LIC. But before saying yes to the lender, she wants to know what would be her EMIs and interest outgo? Hence, to know the same, she used the LIC home loan calculator so that to decide whether the monthly amount is pocket-friendly for her or not. So, the calculator churns out the results:

EMI:23,955

Interest Outgo:41,86,494

Total AMount Payable: 71,86,494

After seeing the results it would be easier for her to decide whether to take that offer or not. And this all can happen only with this smart EMI Calculator.

   

 

Enjoy Bumper Benefits that come with an ICICI Credit Card

Credit cards have become one of the leading tools of plastic money and have become an integral part of our financial life. Even when you don’t have cash in your wallet, you can rely on a credit card to take you out of any emergency. You can book flight tickets or order a book even at midnight with the help of your card. You can pay the amount on the due date fully or partially in monthly installments. The market is full of many lenders who are more than ready to hand you over a card. But as an user, you must always take the one which gives you maximum advantages. An ICICI credit card will simply do the same with you.

icici-credit-card

The bank has a box full of Credit cards which have their own specialties and features. Today, we will be exploring the world of an ICICI credit card and check the types of cards offered by the bank and their features & benefits.

  1. Gemstone- Check out the features of the cards offered under this category.
  • Coral
  • 2X rewards on both supermarkets and dining
  • Complimentary Provogue tie which is worth ₹999 when you join
  • Buy one get one free movie ticket offer along with discounts on dining

    2.Rubyx

  • You will get complimentary movie tickets along with golf rounds
  • You will receive Sennheiser HD221 Headphones whenever you join
  1. Coral American Express
  • You will receive 50% more reward points (RP) on all the online purchases you make
  • You will get “Extended Credit Period” offer
  • Buy one get one free movie ticket offer plus discounts on dining
  • You get 2X rewards on supermarkets as well as dining
  1.  Saphiro
  • You will enjoy benefits of two cards that too at the convenience of one account
  • Complimentary All New Kindle whenever you join
  • You will receive complimentary gold rounds along with movie tickets
  1. Diamant

Accessible only through invitation from the bank

Platinum and Coral: Cards offered under this category are secured, easy & convenient to use. You are not charged any kind of annual fees if you apply for this card. Check out the exciting features of the cards available under this segment.

  1. Platinum Chip
  • You will save at least 15 percent on Dining
  • You get rewards that are powered by PAYBACK
  1. Instant Platinum-
  • No annual fee is charged from you and is issued against a fixed deposit
  • At least 15 percent savings on dining
  • You get a discount of ₹ 100 on up to two movie tickets every month
  • You will receive two PAYBACK Points per ₹ 100 points
  1. Coral card against fixed deposit-
  • 2X rewards on supermarkets and dining
  • No need of income documents
  • Buy one get one free movie ticket offer plus discounts on dining
  • You will get a Provogue gift hamper worth which is ₹ 1500 as a joining gift

Ferrari:  One of the most exciting cards offered by the bank, a Ferrari card specifically focusses on having a Ferrari in your name and your name on a Ferrari. You are simply going to jump on the bed hearing about the features.

Signature

  1. You can enjoy discounts at online store of Ferrari on different Ferrari merchandise
  2. You receive a complimentary Scuderia Ferrari watch as a joining gift
  3. You get a BookMyShow buy one get one free offer

Platinum

  • You will have access to lounges at domestic Airports
  • You can enjoy discounts at online store of Ferrari on different Ferrari merchandise
  • You will receive a BookMyShow buy one get one offer

Expression:   Do you wish to own a card which  allows you to give a personal touch? If yes, then opt for this segment as you can design a personalised card according to your wish. Just in case you love MS Dhoni, then you can get his image on the card. Have a look the exciting features right here-

  • You can enjoy a rebate of ₹100 on up to two movie tickets every month in case you book on BookMyshow.com
  • You can earn three PAYBACK Points on every spending of ₹100 on all the retail purchases excluding fuel
  • You can make at least 15% savings on dining courtesy the bank’s Culinary Treats programme

Fuel-  Earn cashbacks every time you shop something. The list doesn’t end here. Check the mind boggling features of the cards provided under this section.  

HPCL Coral American Express-

  • You can earn six PAYBACK Points on every spending of ₹100 on retail purchases excluding fuel.
  • You will get a cashback of 2.5% along with zero surcharge when you purchase fuel at HPCL
  • You can redeem the PAYBACK Points worth 2,000 for fuel which will be worth ₹ 500

 HPCL Coral/Visa/MasterCard-

  • You can redeem PAYBACK Points worth 2,000 for fuel worth ₹ 500
  • You can earn two PAYBACK Points on every spending of ₹100 on retail purchases excluding  fuel.
  • You will get a cashback of 2.5% along with zero surcharge when you purchase fuel at HPCL

Unifare Metro Card: ICICI bank has created a special credit card for the people in cities of New Delhi, Mumbai and Bengaluru, who travel via the metro. This card will help you get rid of the long queues inside the metro stations. The auto recharge facility is simply going to blow your mind. In short, you will get a credit card and a metro card, all in one. The cards offered are-

  1. Unifare New Delhi Metro
  2. Unifare Mumbai Metro
  3. Unifare Bengaluru Metro

Contactless: Check out the features of the cars offered under this section.ou are offered two different cards under this section. Have a look at them along with their features.

1.Coral Contactless

  • Buy one get one free movie ticket offer plus discounts on dining
  • You will get 2X rewards on both supermarkets and dining
  • Complimentary Provogue tie which will be worth ₹999 whenever you join
  1. HPCL Coral Visa Contactless
  • You will get a cashback of 2.5% cashback and 1% fuel surcharge waiver on the purchase of fuel at HPCL
  • You can earn two PAYBACK Points on every spending of ₹100 on retail purchases excluding fuel.
  • You can redeem 2,000 PAYBACK Points for a fuel which is worth ₹ 500

ICICI Credit Card Payment Online

ICICI Credit card bill payment can be made by using either Net Banking or a debit card. Click to Pay facility under Net Banking can be used to make payments from banks other than ICICI Bank. First of all you will have to select the bank  through which you will make the payment from the given list. After that you have to give the details like the card type and the 15/16 digit credit card number and the amount due. Once you confirm the payment, you will be redirected to the payment interface of the selected bank. Simply feed in your Net Banking user id along with the password. Once you confirm the payment, the amount will be automatically debited from your account.
Click to Pay option can also be used for a debit card to clear your bills. You are supposed to select the card type and after that enter the card details. ICICI credit card number has to be entered twice followed by the amount which is outstanding against the card. Once you click on ‘Pay Now’, you are going to be directed to the payment gateway. Confirm the payment by entering the authentication details. You will receive online confirmation for the same.

Check Personal Loan Eligibility for Encashing your Personal Goals

personal loan eligibility

Is your personal income worthy of making you avail personal loan? You are not sure about it. But you need it badly! Of course, these loans are designed to meet your immediate cash requirements for  helping you plan your sudden purchases like consumer durable items LCD, refrigerator, laptop etc), or planning a vacation, availing finance for medical treatment, conducting a wedding in the family or for funding your child’s education. Regardless of your objective, get personal loans of your own choice which weigh lighter on your pocket.

Easy repayment of EMIs at lowest interest rates help you the easy realization of your goals. There are various banks which grant Personal loans to salaried and self-employed professionals but the availability of such loans depends on the borrower’s stipulated eligibility criteria. Does your eligibility criteria meet the bank’s criteria? If yes, congratulations! You are available for personal loan. To be much of your surprise, as soon as your application gets approved, personal loans get transferred immediately to your bank account within seconds. Now, converting your planned purchases into reality is not that difficult in today’s time.

Personal Loan Eligibility Criteria

The salaried class employees and self-employed professionals are eligible to apply for personal loans. The eligibility criteria are different from bank to bank which are as follows:

Eligibility for Salaried Individuals

  • Minimum age of the borrower: 21 years
  • Maximum age of the borrower: 58 years
  • Minimum work experience: 1 Year
  • Minimum Net Monthly Income: ₹ 20,000/-

Eligibility for Self-employed Individuals

    • Minimum age of the borrower: 24 Years
    • Maximum age of the borrower: 65 Years
    • Minimum work experience: 3 Years
    • Minimum Net Annual Income: ₹ 1 lakh

Personal Loan Eligibility Calculator

Assess your Personal loan eligibility calculator criteria while availing personal loans towards a specific bank. Just enter the basic details like your date of birth, your current city of residence, your company name/employer name, your Net salary, your combined loan EMIs and your combined outstanding on credit card. Also, you need to mention whether you have a home loan or not. Make sure to settle your previous loans in time so as to get a good score for fast approval of your personal loan.

Once you enter all the details in the calculator, further it will show you the result detailing for the amount which can avail from the bank.

Personal Loan Eligibility SBI

Following eligibility norms need to be met with SBI for availing personal loans.

  • The borrowers become eligible if he/she is a salaried employee engaged in a reputed corporate or a self-employed professional as engineer, doctor, chartered accountant or an MBA with a minimum 2 years standing.
  • The loan amount would be available subject to their income and repayment capacity. The minimum income of ₹ 24,000/- should be possessed by a borrower in metro and urban areas whereas ₹10,000/- should be possessed by a borrower coming from rural/semi-urban areas.
  • The maximum loan amount application should be based upon 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of  ₹ 10 lakhs in all centres.

Personal Loan Eligibility HDFC

Following eligibility norms need to be met with HDFC for availing personal loans.

  • Salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state and local bodies are eligible for personal loans from HDFC Bank.
  • Individuals should fall in the age-group between 21 and 60 years of age
  • Individuals should have a work experience of atleast 2 years, with a minimum of 1 year with the present employer.
  • Individuals need to earn a minimum of ₹ 15,000 net income per month (₹ 20,000 in  Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad, Cochin).

Documents Required for a Personal Loan

Salaried employees and self-employed professionals need to submit their respective documents as mentioned herewith:

For Salaried Employees

    •    Loan Application Form
    •    2 Passport size photos
    •    Salary Slips for last 3 months
    •    Identity Proof PAN Card or Driving License or Voter ID Card or Adhaar Card, etc.
    •    Residence Proof (Driving License/Voter ID Card/Adhaar card, etc.)
    •    Last 3 months Bank Statements
    •    Employment Proof
    • Signature Proof

For Self-employed Individuals

  • Loan Application Form
  • 2 Passport size photos
  • Identity Proof PAN Card or Driving License or Voter ID Card or Adhaar Card, etc.
  • Office Residence Proof
  • Income Proof: Audited financials for the last 2 years
  • Last 6 months Bank Statements
  • Employment Proof
  • Signature Proof