FINANCE TIP OF THE DAY
Can you afford your loan?!
Know the quantity of loan you can afford. The banks may sanction loan based on your income but you should look at your monthly expenditure and see if you can afford the maximum that banks offer. As a thumb rule, remember not to let your credit exceed 40% of your income!
ICICI Bank has made Money2India available on mobiles
A recent press report said that ICICI Bank Limited, India’s largest private sector Bank, has made its online money transfer tracking service Money2India.com much more convenient to access anytime, anywhere through mobile phones with GPRS connection.
This service will help the Non- Resident Indians (NRIs) to track exchange rates, as well as track their money transfer request status and place new requests for tracking from their mobile phones.
Reports said that the website also features the “Fixed Rupee” facility that offers confirmed rates at the request initiation stage and enables NRIs to meet their fixed rupee payout needs in India. The customers form US, Canada, UK, Australia, Singapore, Germany, France and Hong Kong can use their mobile phones to conveniently access the popular online modes of e-Transfer and Net Express available on Money2India.com for their money transfer tracking needs.
Money2India (www.money2india.com) is a popular online money transfer tracking service offered to NRIs by ICICI Bank. The user has to complete a simple one-time online registration at Money2India.com and can avail the online tracking service for money transfers from any bank in 15 countries to any account with over 100 banks in India.
ICICI Bank is renowned for the variety of services that it offers to suit the requirements of its customers with convenience of networked branches/ ATMs and facility of E-channels like Internet and Mobile Banking. It offers home loan, personal loan, car loan, education loan, mortgage loan, business loans etc.