A lot of planning goes before one goes abroad for studies. Academic year usually begins in the month of September (Fall 2020 and so on) for many universities abroad. But this time, because of the outbreak of COVID-19, admissions processes have been thrown off-gear.

It allows the borrower to save on interest payments (or repay loan faster) by parking any surplus funds into the linked bank account.

A good score in turn keeps the credit line open, while allowing you to borrow at cheaper rates, if need be.

Gilt funds invest primarily in Government securities (G-secs) issued by the RBI on behalf of the Government. Since it invests in bonds that are of highest credit quality, capital protection is more or less guaranteed.

Leisure Travel - a big short term financial goal for many of us has changed. Let's see in what ways.

Lower interest rates improve affordability by reducing EMI per lakh. So, does it make a strong case for buying a house now?

With gold prices looking up this year, should you consider investing in it?

Currently, the insurers are offering the Coronavirus health policy either as an indemnity or benefit cover.

Till clarity emerges, it is prudent to switch to a conservative personal finance management strategy.

If you are planning to donate to help those affected the worst, take the following into account.

If one is at the cusp of retirement, the latest market correction can be unnerving. Depending on the exposure to equities, one’s retirement portfolio could have been down by 25 per cent or more.

A moratorium is a temporary repayment holiday, whereby borrowers will have the option to either pay or not pay EMIs on their loans. It is applicable for all loan obligations for the three-month period (March 1-May 31, 2020) and for most categories of retail loans –home, car, personal, education, loan against securities and gold loans - including monthly credit card dues.