Home loan interest rate increasing. | How to reduce home loan faster in tamil | sip for housing loan

Описание к видео Home loan interest rate increasing. | How to reduce home loan faster in tamil | sip for housing loan

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OUR WEBSITE:
https://www.excitemutual.in/about-us.php
Nivas narasimhan is an AMFI REGISTERED MUTUAL FUND DISTRIBUTOR since 2016.
He started his career a project trainee in ICICI PRUDENTIAL MUTUAL FUND in 2003.
Then worked for STANDARD CHARTERED BANK, ICICI PRUDENTIAL LIFE INSURANCE,
KOTAK LIFE , EXIDE LIFE & HDFC LIFE as a Branch managerThree strategies to close your home loan faster in interest increasing scenario
1. Reduce the tenure and increase EMI
2. Apart from EMI pay additional amount to close home loan. pay 5% to 10% for 1st 5years alone.
3. Start an sip with 20% of EMI amount
Use asset plus app to invest in mutual funds
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Q: How to open the account of the Senior Citizen Savings Scheme online?
Q: What is the interest rate of the Senior Citizen Savings Scheme?
Ans: Presently, the interest rate on an SCSS is 7.4 percent as of quarter 4 of the financial year 20-21. The interest will be payable on March 31, June 30, September 30 and December 31.
Q: Is Section 80C of the IT Act, applicable to the Senior Citizen Savings Scheme?
Q: What is the maximum age limit to open the Senior Citizen Savings Scheme account?
Q: Is it possible for any family member to open a joint Senior Citizen Savings Scheme account with any member of the family?
Q: In the case of the joint account, what should be the age of the spouse?
Q: Is it possible to open the SCSS account with any person?
Q: Is the Senior Citizen Savings Scheme rate of interest simple or compounding?
Q: How many accounts can be opened in a single name in the SCSS?
Q: What is the share of the joint account holder in the deposit in the SCSS account?
Q: Is any fee charged for the nomination or cancellation/change of nomination?
Q: Is it possible to extend the SCSS account?
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