Employees’ Provident Fund (EPF) is administered by the Employees’ Provident Fund Organization of India (EPFO). In an EPF account, 12% of your monthly salary is contributed, and your employer also makes the same amount of contribution to your EPF account. With EPF you can save money for your retirement period. But, what if a financial emergency occurs? Can you withdraw your funds from the EPF account? Yea, you can withdraw 50% or 100% of your deposited money by logging in to the EPFO Unified Portal online. Know in detail about the process of EPFO withdrawal below.
Steps for EPFO Unified Portal Withdrawal You can withdraw the balance in an EPF account either online or offline and here you will learn how to do it online by using the EPFO Unified Portal service.
EPFO Unified Portal Withdrawal method is easily accessible to every employee as it does not require the employer’s attestation or approval. As the online withdrawal process is not routed through the employer and you can submit the withdrawal form directly, there will be fast processing of your application compared to the offline process. Note - It is important to submit the Aadhaar and get it authenticated by the employer When to do EPFO Unified Portal Withdrawal? You can withdraw money from your EPF account for the following reasons -
Conditions for EPFO Unified Portal Withdrawal As you know from the above EPF is an investment scheme for retirement, that is why EPFO Unified Portal withdrawal service will be provided only in case of an emergency. However, keep the following EPFO withdrawal conditions in mind while applying for it -
Note - If the EPFO withdrawal amount < INR 50,000, no TDS shall be deducted if you withdraw funds before 5 years of service.
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State Bank of India (SBI) provides you access to its online personal loan EMI calculator, using this you can generate your loan EMIs and interest payout. But what more can you do with it? Well, you can use the SBI Personal Loan EMI Calculator to reduce your interest payout, EMI payments or transfer your existing personal loan to SBI. So, as you can see the calculator could help you in repayment of the loan in various manners, know more about the usage of SBI Personal Loan EMI Calculator in this article below.
Use SBI Personal Loan EMI Calculator While Applying for the Loan If you are seeking a new personal loan from SBI, you should use the SBI Personal Loan EMI Calculator by following the below steps -
Planning SBI Personal Loan Prepayment, Use EMI Calculator Before doing prepayment for the SBI Personal Loan, do check the amount you’ll save from this. Because this way you can know whether the SBI Personal Loan prepayment will be beneficial for you in terms of money saving. Check out the example below to understand it better. Suppose you have borrowed INR 10 Lakh at an SBI personal loan interest rate of 10.10% per annum and choose a repayment tenure of 48 months. Now, after 12 months of EMI payment, you want to prepay the SBI Personal Loan and for this the bank charges a prepayment fee of 1.00% of the balance loan amount. So, if you are confused about the total amount you need to pay for the prepayment of your personal loan, use SBI Personal Loan EMI Calculator. As per the calculator, your balance loan amount at the end of the 12 month of the repayment tenure will be INR 7,86,362. This means you need to pay INR 7,86,362 + INR 7,863 (1% of the principal amount) = INR 7,94,225. And from your prepayment you’ll be saving INR 1,20,558. Want to Avail of SBI Personal Loan Interest Rate Benefits? Transfer Your Loan to SBI SBI Personal Loan Interest Rate starts from 9.60% per annum, so if your existing loan gives you hard time in repayment, switch to SBI personal loan. You can balance transfer your loan to SBI by paying a nominal fee for it. To know whether this balance transfer will be beneficial for you or not, use SBI Personal Loan EMI Calculator. Using the EMI tool, you can find out the total amount you will be saving on EMI and interest payout by switching to SBI Personal Loan. For example, if you have an existing loan of INR 8 Lakh at an interest rate of 15.00% per annum and you have paid 12 EMIs for the same, and now want to reduce your EMI payments because it is ruining your monthly budget, switch to SBI personal loan. Suppose you get an offer of SBI Personal Loan Interest Rate of 11.20% per annum and transfer your loan to SBI, you will get the following benefits -
If you are looking for a home loan with affordable interest rates, borrow Bank of Baroda Home Loans. Bank of Baroda Home Loan Interest Rate starts from 6.85% per annum and you can borrow up to INR 10 Crores. And do you know, you can apply for this loan by just giving a missed call to: 846 700 1111. So, read this article further and know more about the features and benefits of Bank of Baroda Home Loan.
Details of Bank of Baroda Home Loan Interest Rate Bank of Baroda determines your home loan interest rate based on the following factors such as -
The updated Bank of Baroda Home Loan Interest Rate can be seen on its official website. So before applying for the loan, do visit the Bank of Baroda official website and check its current home loan interest rate. Bank of Baroda Home Loan Interest Rate will be charged at prevailing floating rate on a daily reducing balance at monthly rests this could reduce your burden as you pay your EMIs. Note - The rate of interest of Bank of Baroda Home Loan is linked to Baroda Repo Linked Lending Rate (BRLLR), and it shall be reset on an annual basis. As mentioned on the Bank of Baroda official website the BRLLR is 6.75% effective from 15th March, 2021. How does the Bank of Baroda Home Loan Interest Rate Provide Low Cost EMIs? With the help of Bank of Baroda Home Loan Interest Rate that starts from 6.85% per annum you could get low EMIs as INR 570 for your borrowed amount, to know how, use the Bank of Baroda Home Loan EMI Calculator. Bank of Baroda Home Loan EMI Calculator is an online tool that generates your EMI amount within one second. To use this tool, you just need to enter the loan amount, interred and repayment tenure. And Bank of Baroda provides you a flexible tenure up to 35 years, so you can easily repay your home loan. Conclusion Bank of Baroda Home Loans are affordable and it will help you purchase property. One of the most crucial things when going for a personal loan is the eligibility criteria that an individual needs to meet. Lenders want to assess the credit risk they could face when providing the required money to customers by defining eligibility criteria that every individual needs to meet. Clix Capital personal loan has emerged as one of the popular options in our country. If you are someone who is looking to get the required money through this facility, you should know those conditions that you will need to meet.
But before understanding the same, it’s important for you to have a brief idea about the key features of the Clix Capital personal loan. We are showing the same below. Please check!
Now that you have some information about the striking features of the personal loan facility from Clix Capital, it’s time to know the eligibility criteria. In this article, we will discuss the same along with the factors that affect the interest rate of your personal loan. Keep reading! Conditions to Fulfill to Get a Clix Capital Personal Loan If you are looking to get the required money without submitting any collateral, you will need to meet the following conditions -
When going for a personal loan, the interest rate is one of the crucial factors to keep an eye on as it will directly affect your repayment amount. So, if you keep an eye on the factors that affect your personal loan interest rates that will help you choose lower rates. These factors are your monthly income, credit history, repayment history, employment history, and required loan amount & type. For example, an individual with a good credit score (750 or above) can get lower interest rates as compared to an individual with a bad score of below 650. One another important factor that we mentioned above is the monthly income that affects your Clix Capital personal loan interest rates. If an individual’s monthly income is higher, it is considered to be a safe option for a lender to provide a higher loan amount as they can repay it every month. Another important aspect of the Clix Capital personal loan is the list of documents that you will require at the time of loan application. We are giving them below. Do check!
Life is full of different challenges and it can throw one of them at you without any information. This can be funding your wedding, child’s education, travel funding, medical emergency, etc. Fullerton India personal loan could be one of the suitable options to fulfill your financial needs. The reasons are many: affordable interest rates, minimal documentation, lenient eligibility criteria, higher loan amount, etc. But one of the most important reasons behind the excellence of the personal loan from Fullerton India is the convenient application process.
Fullerton India provides the online process for the personal loan application with which any individual can easily apply for the required loan amount without going anywhere. So, you can easily get the loan amount without any hassle. Want to know the steps to apply for a Fullerton India personal loan? Well, in this article, we will discuss the same along with other aspects of this personal loan facility such as eligibility criteria, features, etc. Keep reading to know more. Steps to Apply for Fullerton India Personal Loan in an Easy Way! Have a look at the below-mentioned steps that you need to follow to apply for the Fullerton India personal loan via the online method.
If you do not want to apply for the Fullerton India personal loan via the online method, you can also do it via offline method and via application. These methods are through the Fullerton India branches, by calling the customer care, or through the Fullerton Chatbot Dia. If you are a salaried individual, you just need to download the Fullerton India’s Instaloan mobile application. Download this app, fill in their application and submit it via application. Now that you have understood the application process of Fullerton India personal loan, you should also know the eligibility criteria of the same so that you don’t face any trouble while applying for the loan. Fullerton India Personal Loan Eligibility Criteria Want to know the important conditions related to the Fullerton India personal loan eligibility? Well, you can check below to know the same!
There are some documents that you need to submit while applying for the Fullerton India personal loan. Missing any of them can lead to rejection of your personal loan application. These documents are application form, ID proof, address proof, age proof, last 3 months salary slip, last 6 months bank statement, ITR or Form 16 and Financial statement for self-employed. How will you be able to trust someone who is asking for money from you? Well, it would be easier to trust your friend as compared to a total stranger as you will have the risk of losing the money with him or her. When lenders lend money to individuals, they like to check the repayment track them so that they can get their money back. So, how do they ensure the same? Well, the answer would be Experian Credit report. Experian is one of the leading credit bureaus working in India that keep track of individuals’ financial transactions and repayment behavior. Based on the tracking, these bureaus provide credit reports of individuals. Other credit bureaus are CIBIL, Equifax, and CRIF High Mark that also provide credit reports.
If you want to find the credit score of yours, you can find the same in the credit report. Wondering what a credit score is? Well, Experian credit score is a 3-digit number ranging from 300 to 900 that represents an individual’s detailed repayment history. This history consists of your loan repayments, credit card bill payments, etc. In this article, we will be telling you the process to get your Experian credit report along with the factors that can improve your score over time. Keep reading to know more! How to Get Experian Credit Report in an Easy Way? One of the important factors that define an individual’s creditworthiness can be your Experian Credit report. It’s important to get your hands on the credit report by the Experian so that you can understand the factors that affect your score. To know the same, you should know the method to get the report. You will need to follow a few simple steps to get the same. Have a look!
If you are not comfortable with the online method, you can check the credit information report from Experian by the offline method. Here, you will only need to submit the credit report application form and submit it to them. However, to receive your report at home, you will need to pay INR 138 as fees for the credit report. Factors that Contribute towards a Good Experian Credit Score Now many people have this question about the methods with which they can improve their credit score in an easy way. Before knowing these methods, you should understand that any score of 750 or above is considered to be a good Experian credit score, while anything below this is considered to be a poor score. However, if you want to improve your score, you can apply the following methods.
If you keep these factors in mind and pay your credit card & loan EMIs regularly without any fail, your score will only improve. The reason: repayment history contains the most weightage of 35% among all other aspects of your credit score. So, never miss your payments if you want to have a good score. Well, you can check your CIBIL score by visiting the Transunion CIBIL website. It is an online credit bureau platform for customers like us, where we can check our CIBIL score online for free. How to use CIBIL services? To use the CIBIL check services online, you need to create an account. This is simple to create and will hardly take 5-10 minutes. For more information on CIBIL score online, begin reading this article.
Procedure to Check My CIBIL Score Online Follow the instructions below to check CIBIL score Online at Transunion CIBIL
Advantage of My CIBIL Score Check When you check your CIBIL score online, you’ll get the following benefits:-
What if My CIBIL Score is Poor? Your CIBIL score can be poor because of varied reasons such as nonpayment of loan EMIs, due credit card bills, error in credit report, high credit card utilization ratio, etc. So, let’ see how to improve my CIBIL score -
Currently, there are so many credit card providers in our country that individuals may feel confused when it comes to choosing the right card for themselves. Among the financial institutions that provide credit cards to customers, Citibank holds a prominent place among customers due to its cards for varying needs of customers. Among all credit cards, Prestige Citibank credit card is one of the most popular credit cards among customers. This credit card provides an exciting range of features across different categories like shopping, travel & stay, financial flexibility, etc. Before going any further, let’s look at some of the key features of Prestige Citibank credit card so that you can have an idea about it. Please check!
In this article, we will be telling you about the features of the Citibank credit card in detail so that you can understand them better. Keep reading to know more! Key Features of the Citibank Credit Card that You Should Know As we said earlier individuals can enjoy a host of special features that we are going to mention below. Please check! Welcome Gifts One of the most exciting features of the Prestige Citibank credit card is the welcome gift that individuals can enjoy with the same. This card from Citibank provides a welcome gift of 2,500 bonus reward points and benefits worth INR 10,000 from Taj Group or ITC Hotels, that too, every year. Do remember that only primary cardholders will be eligible for this benefit. The cardholder should make the first transaction within the first 60 days of card issuance or 60 days from the membership renewal date in case of a renewed card. Reward Points With the Prestige Citibank credit card, individuals can also enjoy reward points on their spendings. With your card, when you spend INR 100 on domestic spending, you will earn 1 reward point, while when you spend INR 100 on international spending, you will get 2 reward points. Do you know what is the best thing about the reward points on this credit card from Citibank? Well, these points will never expire so you can keep earning them and redeem them whenever required according to your convenience. Additional Benefits Other than the benefits mentioned above, individuals can enjoy features like complimentary night stay on booking a minimum consecutive four-night stay at any hotel or resort, privileged golf round & lessons at select golf courses in India, priority pass benefits for both primary and add-on cardholders, etc. If you want to spend some high-cost things with your credit card, you don’t need to worry as you can turn your big purchasers into small EMIs that you can pay over a period. Joining and Annual Fees The joining fees for the Prestige Citibank credit card stand at INR 20,000 plus GST. After paying the joining fees and making the first transaction within 60 days of card issuance, you will also get welcome benefits worth INR 2,500. However, there is an important thing that you need to remember that any individual who is earning below INR 25 lakh per year cannot opt for this card. The most important eligibility criteria that an individual needs to fulfill is a minimum annual income of INR 25 lakh. Also, he or she should be 21 or older. To get this Citibank credit card, you will also need to provide a few documents depending on your employment type (salaried or self-employed). If you are not familiar with the word CIBIL Score, let us tell you that it is a numerical representation of your credit history. And this score will later be used by the lenders to analyze your creditworthiness. So it’s important that you should know your CIBIL score. To get a free CIBIL score, you need to visit the Transunion CIBIL official website and need to create an account. Let’s read this page further and know more about CIBIL score in detail.
Steps to Follow for a Free CIBIL Score Check To do a free CIBIL Score check, you need to follow the instructions below:-
When your account is created, you can do CIBIL Score login and check your score for free, this benefit shall be available to you only one time. Advantages Associated with Free CIBIL Score The following is the list of benefits that you’ll get when you use the Free CIBIL Score service:-
What is the Difference Between Paid CIBIL and Free CIBIL Score? Transunion CIBIL provides you paid plans, so that you can check your CIBIL score anytime anywhere without any trouble. And if your CIBIL score is low, the paid CIBIL will help you improve the same. Let’s check out each paid CIBIL offer and know why it is different from a free CIBIL score. Basic: Under this subscription plan you need to pay INR 550 + GST that will provide you benefits like unlimited access to CIBIL score login for 1-month. And there are also somes tools such as Score Simulator which you can use to improve your CIBIL Score if it is low. Using CIBIL Credit Monitoring Services, you can track the current CIBIL status. Also, don’t go anywhere when CIBIL provides you a wide range of suitable loan offers as per current CIBIL score. Standard: Following are the benefits which you will get under this CIBIL subscription.
To get access to this plan, you need to pay INR 800 + GST. Premium: This is a one year CIBIL subscription plan via which you can get all the paid CIBIL benefits mentioned above for a year. And for all this, you need to pay INR 1,200 + GST only. Note: You can get unlimited access to Free CIBIL Score with a discount on subscription plans. To get this benefit use the promo code CIBIL20 and get 20% off on your subscription plan. Kotak Mahindra Bank Personal Loan is one of the popular loan options that people choose when they require urgent funds for their different needs. One of the main reasons behind its popularity is the affordable interest rates that customers can enjoy while repayment. Lower interest rates make your repayment amount (EMI amount) lower and vice versa. But there is one thing that individuals often ask questions about is the eligibility criteria required for a Kotak Mahindra bank personal loan. The Kotak Mahindra bank ensures that the borrower is creditworthy as the personal loan is an unsecured loan which means an individual doesn’t need to provide any collateral or security against the loan amount.
There are a few conditions that an individual needs to fulfill before applying for a personal loan. These conditions make up the overall eligibility criteria that a person needs to fulfill. Any individual should need to keep these conditions in mind when going to apply for a personal loan from Kotak Mahindra Bank. This article could be a good read for you if you are looking to know the same. Here, we will discuss some of the important conditions related to the eligibility criteria of Kotak Mahindra Bank personal loan so that you can understand better. Keep reading to know more! Important Conditions Related to Kotak Mahindra Bank Personal Loan Eligibility Criteria We are showing the important conditions related to the Kotak Mahindra Bank Personal Loan eligibility criteria below. Please check!
Other than the eligibility, an individual needs to also provide certain documents when applying for Kotak Mahindra Bank Personal Loan. We are showing them below. Have a look!
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