When a person goes out of India and his residential status changes to a non resident, one of the first things he has to do is manage his resident bank accounts. As per Foreign Exchange Management Act, 2002, a non resident is not allowed to operate regular banking accounts in India. They have to open
Whenever you opt for a loan, proper loan planning is extremely critical. Loan planning refers to figuring out the right instalment amount that can fit into your monthly budget without you spending too much on interest payments. With rapid digitization, there is now no need to rely on the lender to provide an amortization schedule.
A fixed deposit is one of the most popular investment options. Both young and old investors prefer investing their funds for a short and long term period in an FD. A fixed deposit provides guaranteed and fixed returns for the duration of the deposit and in return, the funds are available only when the deposit
Mutual funds are one of the most popular investment options available today. These funds enjoy immense popularity among investors and have given excellent returns over the past years. Investing in these funds has also become very easy with increasing financial education. But before investing in mutual funds it is important to understand what these funds
Buying your dream home is not too far away because you can opt for a home loan to finance your house purchase needs. Home loans are very popular and with many lenders offering home finance, getting this loan has become very easy. But before you opt for a home loan, there are a few things