Do Banks Have the Right to Charge for Stamp Duty on Personal Loan Agreements in India?
Learn about whether banks have the right to charge for stamp duty on personal loan agreements in India and the responsibilities of borrowers in paying the stamp duty. Get a better understanding of the costs and fees associated with personal loans in India.
The importance of having an emergency fund
“An emergency fund is a key component of a solid financial plan. It’s a savings account that is set aside specifically for unexpected expenses, such as a car repair or a medical emergency. Having an emergency fund can help you weather financial storms and avoid going into debt when unexpected expenses arise. But many people don’t have an emergency fund, or they have one that is insufficient to cover their needs. This can be a serious mistake, as the lack of an emergency fund can set you back financially in a number of ways.”