Personal Loan Interest Rates in Central Bank

    Amount RangeBorrower ProfileInterest RateAdditional conditionMax. Tenure
    Upto Rs 15 LakhSalaried - Self employed12.35%-12.55N/AUp to 7 years

    Latest News on Central Bank

    Saturday bank holiday: Are banks open or closed this Saturday, August 31?

    Saturday bank holiday: The fifth Saturday of the month is an additional banking day in India, along with the first and third Saturdays. However, this is contingent upon particular holidays or closures. Read on to find out if this Saturday is a bank holiday.

    Saturday bank holiday: Are banks open or closed this Saturday, August 31?
    Now make payments using facial recognition, no need to carry cash, cards, or mobile phones; how to use SmilePay

    Federal Bank's SmilePay is the first-of-its-kind payment solution in India, utilizing advanced facial authentication technology built on the UIDAI’s Bhim Aadhaar Pay.

    Now make payments using facial recognition, no need to carry cash, cards, or mobile phones; how to use SmilePay
    Home loan interest rates in August 2024: Banks offering cheapest interest rates for home loans up to Rs 75 lakh

    Fixed rates are fixed for the duration of the loan, while floating rates fluctuate based on monetary policy and market conditions. Each has benefits and drawbacks when it comes to interest payments. Here is list of banks offering best home loan interest rate for loan amounts up to Rs 75 Lakh.

    Home loan interest rates in August 2024: Banks offering cheapest interest rates for home loans up to Rs 75 lakh
    ITR refund status FY2023-24: 4 different income tax refund statuses; 8 reasons for refund failure

    ITR refund status:If you have paid an excess of tax for a specific financial year, you should anticipate receiving a refund on your income tax after submitting your income tax return (ITR). Nonetheless, the refund will only be granted once the tax department has processed your ITR and issued a notice confirming it.

    ITR refund status FY2023-24: 4 different income tax refund statuses; 8 reasons for refund failure
    Top metal credit cards in India August 2024: HDFC Bank, IDFC FIRST Bank, SBI Card, ICICI Bank, Axis Bank

    Top metal credit cards: Metal credit cards offer added advantages like increased rewards, reduced interest rates, and exclusive offers compared to standard credit cards. Nevertheless, they also entail a higher annual fee, positioning them as a luxury choice for people willing to make an investment. Let's take a glance at the metal credit cards provided by leading banks in India.

    Top metal credit cards in India August 2024: HDFC Bank, IDFC FIRST Bank, SBI Card, ICICI Bank, Axis Bank
    New RuPay credit card on UPI rule: RuPay credit card reward point rules from September 1

    New RuPay credit card on UPI rule: NPCI has instructed all banks that issue RuPay credit cards to ensure that the rewards points, benefits, features, and other offers on RuPay Credit Cards for UPI transactions are not inferior. This decision was made because it was noticed that the rewards points, benefits, and features for RuPay credit cards on UPI transactions are not equal to those offered on Card transactions.

    New RuPay credit card on UPI rule: RuPay credit card reward point rules from September 1

    WEALTH NEWSLETTER

    The week's best and important stories for all your personal finance needs

    Fixed deposits (FD) offer a flexible time period for which they can be opened. This means the investor can open it for as long as they have idle funds. Financial institutions like banks allow FD investors the flexibility to invest their funds from periods as low as 7 days to 10 years. The interest rate on the deposit depends on the tenure chosen. On the date of maturity, the bank will credit the principal and interest amount into the bank account of the investor.
    The Economic Times