"A sum of Rs 27,000 crore is lying as 'unclaimed amount' in the EPF accounts". That's a huge amount!The reasons for not claiming EPF Scheme benefits can be due to ignorance/ negligence on part of the EPF members, procedural delays by the EPFO or 'no-claim' made by the .......Continue Reading.....
What is Repo Linked Lending Rate (RLLR)? Will it be beneficial to the Borrowers? | Definition, components & review
The primary functions of a commercial bank are accepting Deposits and also lending funds. Deposits are savings, current, or time deposits. Banks take in funds, called Deposits, from those with money, pool them, and Lend them to those .......Continue Reading.....
My Latest Mutual Fund Portfolio | My Equity MF Picks
Investing is easy! Figuring out 'where to invest' is the hard part. Irrespective of my quantum of earnings, I have been judiciously saving money for making investments.As I opined, it can be a challenging task to identify right financial investments. I too learnt the investment lessons the hard .......Continue Reading.....
It’s my Five year Blog Anniversary | Thank you for your Support!
ReLakhs.com completes 5 years!I can’t believe it’s been 5 years since I started blogging! Five years is a long time in the blogosphere, and I’m glad to still be around :)Actually, this post was ideally due in the first week of June itself. Since I was out-of-station and had to take-up .......Continue Reading.....
Indiabulls Consumer Finance NCD May – June 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) on April 4, 2019 has recently released its first bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%).In view of the above, most of the banks and corporates may reduce the .......Continue Reading.....
6 Steps for Renting Commercial Property in India
Renting a residential property pales in comparison to leasing commercial properties. It involves larger spaces, higher rent, higher agent fees, and hence leading to higher overall investment. While residential agreements are made usually for 11 months, commercial agreements are B2B or B2C and are .......Continue Reading.....
How to Pre-validate Bank Account to receive your Income Tax Refund Amount online?
As per the recent communication shared by the income tax department, all eligible income tax refunds will be only issued digitally. Further, tax refunds will be made only to the bank accounts which are linked with PAN.The above guidelines regarding the tax refunds have been effective from March .......Continue Reading.....
Muthoot Finance NCD May 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) on April 4, 2019 has recently released its first bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%).In view of the above, most of the banks and corporates may reduce the .......Continue Reading.....
About ReLakhs
ReLakhs.com is a blog on personal finances. The main aim is to present the information on financial products in a simple,unbiased and easy to understand manner .This blog covers wide array of personal finance topics like insurance,home loans,banking services,mutual funds,tax planning,stock .......Continue Reading.....