Money Saver India

bank of baroda

Which banks use the daily rest method?

Which banks use the daily rest method?

How a bank calculates interest on the amount you owe them matters much in the long run. Find out which banks use the better daily reducing balance method and which ones don’t. [...]

October 15, 2013 Team MSI FINANCE, MSI NOW 0

Car loans with no prepayment penalty

Car loans with no prepayment penalty

Private banks can match the interest rates of PSBs, particularly if you hold an account with them, but their prepayment penalties makes them a bad option when looking for a car loan. [...]

September 30, 2013 Team MSI FINANCE, MSI NOW 0