Urban Money Blogs

Accessibility Like Never Before: PF Withdrawals From ATMs In 2025
December 13, 2024

Key Highlights EPFO subscribers can withdraw their Provident Fund (PF) directly from ATMs using dedicated withdrawal cards linked to their UAN, providing 24/7 access to faster and more convenient transactions. Withdrawals will be capped at 50% of the PF balance to ensure funds remain available for future needs. Multi-factor authentication,…

Category:Financial News
Top 10 Best Bank for Home Loan In India 2024
December 02, 2024

We have compiled a list of the best banks for a home loan in India 2024 based on the home loan value it offers to the borrower. These banks offer a variety of home loan programs with numerous advantages and features. Some of the advantages of such home loans are…

Category:Home Loan Archive
PAN Gets a Major Upgrade : PAN 2.0 is Approved
November 26, 2024

On 25 November 2024, the Union Cabinet, led by Prime Minister Narendra Modi, approved the ₹1,435 crore PAN 2.0 project to modernise the tax system. Over 78 crore PAN cards have been issued so far, with 98% belonging to individuals. This latest PAN 2.0 card news highlights the project's aim…

Category:Financial News
Debt To Income (DTI) Ratio : Calculation Formula, Types and Limitations
November 20, 2024

Better debt management is crucial to avail of the available financial opportunities. Whether you wish to secure a personal loan, business loan, home loan, or even credit card, lenders have various metrics to determine your creditworthiness. One such metric they consider is your Debt-to-Income ratio (DTI). A good DTI ratio…

Category:Personal Loan Archive
15 Personal Loan Alternatives and their Pros & Cons
November 20, 2024

When money is tight, personal loans are the go-to solution. But they're not the only option. Many personal loan alternatives might better suit your needs. These alternatives to personal loans can help you manage unexpected expenses, make a big purchase, or deal with financial emergencies. This blog explores the 15…

Category:Personal Loan Archive
Home Loan Festive Offers : Key Considerations Before Borrowing
November 04, 2024

Key Takeaways Reduced rates and waived fees can be appealing, but consider long-term financial impacts and total costs. Complimentary benefits like insurance or vouchers are tempting but shouldn't overshadow essential loan terms. Prioritise lenders with clear terms and good customer support for a transparent experience. Festive seasons bring attractive home…

Category:Media Coverage
NPS Vatsalya Scheme : A New Pension Plan for Secure Family Futures
October 14, 2024

The National Pension System (NPS) Vatsalya scheme is a savings and pension plan designed specifically for minors. Managed by the Pension Fund Regulatory and Development Authority (PFRDA), this scheme allows parents or guardians to open an account for children under 18. With a minimum contribution of ₹1,000 per year and…

Category:Financial News
Celebrate with Joy, Not with Debt – Here's How to Keep the Festivities Stress-Free!
September 26, 2024

With great credit cards comes a great risk of credit card debt. As the festive season approaches, many consumers in India start preparing their wishlists on several online platforms. These platforms offer great deals, but it's crucial to understand that getting into these lucrative offers also marks the beginning of…

Category:Media Coverage
No-Cost EMI Guide: How It Works, Advantages and Eligibility
September 26, 2024

A no-cost EMI (Equated Monthly Instalment) is a financial arrangement that allows buyers to purchase goods or services without paying additional interest or fees over the principal amount. In this process, the total cost of the product is divided into equal monthly payments. In simple terms, no-cost EMI can also…

Category:Personal Loan Archive
Transferring Your Home Loan to a New Bank : A Step-by-Step Guide
September 17, 2024

Transferring a home loan from one bank to another, commonly known as a home loan balance transfer, is a healthy financial move that can lead to significant savings and better loan terms. This process involves moving your outstanding loan balance to a new lender offering lower interest rates or more…

Category:Home Loan Archive