Cumulative FD and Non-Cumulative FD
What is a cumulative fixed deposit? There is no fixed interest payable over a quarter, half-year or annually in a cumulative FD scheme in that the interest rate is compounded every quarter or year and payable at the time of maturity with the principal. What is a non-cumulative fixed deposit? The interest is paid on … Continue reading “Cumulative FD and Non-Cumulative FD”
Read MoreCosmos Bank Home Loan
Under personal banking, Cosmos bank offers a variety of loans, among which one of the most popular is the home loan. The Cosmos Bank Home Loan Scheme may be utilized for the purpose of buying a new/resold house / flat, for the construction of house or bungalow or for taking over an existing home loan taken with … Continue reading “Cosmos Bank Home Loan”
Read MoreCentral Excise Duty
Goods are traditionally categorized based on their purpose and area of use, with certain goods meant to be produced and consumed locally. Goods and products which are manufactured and consumed within India have to pay an indirect tax to the government, with this tax being called Central Excise Duty. While the tax is paid by the manufacturer, … Continue reading “Central Excise Duty”
Read MoreCentral Bank of India Personal Loan Interest Rates
Central Bank of India personal loan interest rates depends the borrower’s on income, borrower’s credit history, the RBI rates, inflation etc. Central Bank of India personal loan interest ratefor the year 2015 varies from 13.15 percent to 14.4 percent. The interest rates is offered to a borrower in such a way that he is not burdened … Continue reading “Central Bank of India Personal Loan Interest Rates”
Read MoreCanara Bank Loan Against Property
The Canara bank loan against property (mortgage of unencumbered property in metros or other centers) is meant to meet business/personal financial requirements and for any capital market, real estate and speculative purposes. Canara bank offers loan against properties available in Bengaluru, Chennai, Mumbai, NCR, Chandigarh, Hyderabad, Trichy, Amritsar, Bhopal and Kolkata among others. Eligibility criteria for Canara … Continue reading “Canara Bank Loan Against Property”
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