Nithya Rajeev
Bio
I am a Financial advisor. I like to write about finance, banking services.
Stories (3/0)
7 Benefits of Savings Account
A savings account is a savior for everyone's banking needs, whether you're saving for that pricey Mediterranean tour next year or creating a bank account next month. The days of establishing a bank account alone to keep your money safe are long gone. A savings bank account today serves as your safety officer, accountant, presence of financial net, and wealth adviser all in one.
By Nithya Rajeev2 years ago in Trader
Home Loans
The best way to figure out if you're eligible for a home loan is to figure out how much EMI you'll have to pay. Banking companies would always set the maximum monthly EMI amount at 40 to 55 percent of the candidate's monthly earnings. Your earnings are made up of the candidate's basic wage plus some form of stipend added together. That banks always run a comprehensive credit check on their customers. As a result, if you already have a loan and are required to pay your own EMIs on time, the bank will not accept your housing loan. Furthermore, if you have a very low credit score for other reasons, your home loan application may be turned down.
By Nithya Rajeev2 years ago in Lifehack