Home Loans

Interest Only Home Loan Launched By Standard Chartered Bank

Interest Only Home Loan Launched By Standard Chartered Bank, a new chapter in already competitive financial market. This is introduced only for purchasing the completed residential properties where during a limited period of the loan tenure, the borrowers will pay only the interest accrued on the principal outstanding – referred as ‘interest only period’. No […]

Bank Account Queries

Steps for Preferment of the CGTMSE Claim & Invocation of Guarantee

Know the various steps for Preferment of the CGTMSE Claim and Invocation of guarantee by Public Sector Banks and Lending Institutions – MSME loans are offered by various banks against the Guarantees by CGTMSE up to Rs 2,00,000,00, two crore for other than trade where the maximum limit for the guarantee coverage is Rs 1,00,000,00 […]

Canara Bank Canara Bank Deposits

How To Open Canara Bank MACAD Term Deposit Account ?

Canara Bank MACAD Term Deposit Account or Motor Accident Claim Annuity Deposit (MACAD) – Canara Bank has introduced a term deposit product for the compensation amount awarded by tribunals / Courts to victims / claimants of motor accident to Term Deposits and repayment of the same in monthly annuity installments (comprising part of principal amount […]