Coleman Coolers Make Camping Easy

There are several types of coolers for camping, and it is essential that you choose the appropriate one for your trip. You will wish to pick one that will hold every one of your perishables. The cooler you select also has to be able to keep the food chilly the whole time you are away from a fridge. It would certainly be a pity to need to reduce your trip short due to spoiled food. Therefore, acquire the best cooler and pack it properly to avoid your camping experience from being messed up. Continue Reading

How Loan against Fixed Deposit differs from Personal Loan?

Prematurely breaking the FD to use money is a bad idea as your interest income is also gone! Instead, you can take a loan against FD! Read on to know more!

Mr. Prem Chaudhari, a resident of Kanpur, was once a happy man. He had two children, and one of them was to get married in a month’s time. However, just 15 days before the marriage when the family went to Lucknow to do shopping for the wedding, an unfortunate incident of robbery happened.

Some people barged into the house from the terrace and looted the money and jewelry worth Rs.3 lakh. Because of the incident, a vibrant feeling of joy and happiness converted into sadness. He needed around Rs.3 lakh to pay for wedding costs immediately.

He has invested in a Fixed Deposit Scheme of a leading online non-banking finance company (NBFC) for an amount of Rs.5 lakh. However, that amount was saved for the wedding expenses of his other child. Should he break the fixed deposit? Or, was there any other method to cover his needs of such a huge amount of money? This worried him a lot, and he had no option but consult his finance expert to get a solution.

The finance expert suggested him not breaking is fixed deposit because by doing so, he would also have to let go of the hefty interest payments received at a tenor completion. Thus, it was decided that breaking the fixed deposit prematurely was not a wise decision.

Prem Chaudhari thought of availing a personal loan to cover his needs, but since for that he would have to cough up around 12% as the rate of interest, it was ruled out. His finance manager finally advised him to avail the facility of applying for a loan against the fixed deposit amount.

Since he needed around 3 lakh and his FD investment was for Rs.5 lakh, he was eligible to get a 90% loan against it. They calculated and found that he could get a loan of up to Rs.4,50,000. He applied online for a loan of Rs.3,25,000 quickly which was approved soon, and relived a sigh of relief as the wedding went off without issues.

If you have invested in any of the fixed deposit schemes, you should know that you are eligible for a loan at a lower rate of interest. Let’s know more now!

What is a loan against fixed deposit?

Many leading banks and other financial institutions allow an FD investor to avail a short-term loan against your FD without breaking it prematurely and lose the interest payment.

You are allowed to avail a loan up to 90% of the fixed amount which is considered a security. In case if you fail to repay the loan in time, lenders may utilize the FD’s money to recover the loss.

The good news for availing a loan against FD is that you only need to pay 1-2% higher interest rate for it than your FD interest rate. What’s more, there are also no prepayment charges on such a loan. Nevertheless, you may have to pay a negligible processing fee to your lender to facilitate the same.

Thus, when compared to a conventional personal loan with a higher rate of interest along with other costs, a loan against FD is more economical and easy to afford!

The Bottom Line

Don’t be stuck with other costly money alternatives when you can easily make the most of the facility that’s available inside your feature-rich fixed deposits. Yes, should you have an urgent need for money, you would ask for a loan against the FD super-easy!

Eligibility Criteria to Take a Home Loan in Mumbai

Mumbai is the biggest metropolitan city in Maharashtra. It is famous as the entertainment and financial capital of India. It is one of the largest cities in India and dearly called the city of dreams.

But, if you have a dream to own a house in Mumbai, it can be a financial burden for you. You can take a Home Loan in Mumbai to fulfill your dream of a home. The Home Loan takes care of all your needs for your home and offers them in a drafted package.

Eligibility criteria for taking a Home Loan in Mumbai

For taking House Loans in India, you must be eligible for it. So, check the general eligibility criteria below:

  • Citizenship

For acquiring a Home Loan, you must be a resident of India.

  • Age

You should be of an age of 25 years to 58 years.

  • Experience

You should be a salaried person with more than 3 years of work experience.

If you have qualified the eligibility criteria for taking a housing loan in Mumbai, you must know what you need to do further.

You should know the required Home Loan documents that will be needed to take the loan. Prepare all the necessary documents and keep them up to date to submit when asked.

Documents required for a Home Loan in Mumbai

Following documents will be required to take the Home Loan:

  • A complete filled application form
  • Your KYC documents
  • Your photographs
  • Your identity proof
  • Your address proof
  • Your income details that include form 16, your latest salary slips and ITR document
  • Your bank account statement of past 6 months

How to get the best Home Loan interest rate in Mumbai?

Getting the best Home Loan interest rates in Mumbai is not as difficult as it seems.Few of the leading lenders not only offers the lowest housing loan interest rates in Mumbai but also helps you get instant approval with nominal fees.

To get the best Housing Loan interest rate you can do the following things.

  • Survey the market

Keep noticing the trends of the RBI’s repo rate change, government policies, fluctuating demand of homes, and various economic factors. This will give you an idea when you can get a better and lower Home Loan interest rate.

  • Negotiate

If you are an existing customer of the lender’s firm, you have all the freedom to negotiate with your lender. Lenders may offer the most beneficial alternative and provide you a better interest rate. You can use various Home Loan calculator available at the lender’s website, to get an estimate of the interest rate and other charges that you will be paying.

  • Choose the right lender

When opting for a Home Loan, choose a lender whose rates are based on MCLR (marginal cost of funds based lending rate) rather than a base rate to offer you the lowest interest on the loan. By doing this, you can avoid the chances of paying higher interest by the end of the tenor or any extra charges.

  • Go over the credit score

To get the best Home Loan rates, you should try to maintain your credit score. You must take care of the bill payment due date of your credit card as it may affect your credit score. You must also repay EMIs on time for an existing loan, as it will help you in maintaining a good credit score.

The Bottom Line

Now, as you know that you are eligible for taking a loan, go ahead and apply for a Home Loan in Mumbai to fulfill your dream of a home.

Happy Housing Loan application!

 

Buying Guide: Asus to Dell, the best Laptops between Rs 30,000-40,000

Buying Guide: Asus to Dell, the best Laptops between Rs 30,000-40,000

Buying a laptop is a headache. There’s a whole lot of jargon to get through: Core i3, Core i5, Ivy Bridge, DDR3, DDR5, 1600MHz, SSD, HDD, 4-cell, 58whr, and so on. Those in the tech industry find it difficult to keep up with the changing terms, so how is a consumer supposed to fare any better?

Add to that, companies aren’t always accurate. Even when listing specifications on their own website or an e-retailer like Amazon or Flipkart, you often incorrect information. My colleague Javed Anwer of India Today recently took to Twitter to vent his frustration about this. Check out his tweets here and here.

The Flex 2 isn’t alone in this. You’ll often find laptops credited to have a dedicated graphics unit, but a closer inspection shows that isn’t the case. And more often than not, a “matte finish” listed in the “Screen” section applies to the body of the laptop, while the screen stays glossy.

SHARE THIS ARTICLE
Share
RELATED ARTICLE

So if you’re in the market for a new laptop, how do you decide what to buy? We went hands-on with several notebook PCs to determine the actual specifications and how the computer performed in real life. Based on our tests, these are the laptops we would currently recommend:

Best Battery Life

Best laptops under Rs 40,000, Laptop deals, Best laptops 30-40,000, Laptops to buy, Laptop guide, Dell Inspiron 15 3000, Dell Inspiron 15 3000 price, Dell Inspiron 15 3000 specs, Dell Inspiron 15 3000 Flipkart, Dell Inspiron 15 3000 Amazon, Lenovo Ideapad Flex 2-14, Lenovo Ideapad Flex 2-14 Price, Lenovo Ideapad Flex 2-14 specs, Lenovo Ideapad Flex 2-14 features, Lenovo Ideapad Flex 2-14 Amazon, Lenovo Ideapad Flex 2-14 Snapdeal, Asus Transformer Book T200, Asus Transformer Book T200 price, Asus Transformer Book T200 Flipkart, Asus Transformer Book T200 Snapdeal, Asus Transformer Book T200 Amazon, Technology, technology newsDell Inspiron 15 will deliver on battery. (Source: Dell)

Dell Inspiron 15 3000

In this price range, you won’t get battery life that lasts you a whole work day. About 6-7 hours is the best you can do, and the Dell Inspiron 15 delivers 7 hours on regular usage. If you dim the large screen to 50% or less brightness and are connected to one Wi-Fi network the whole time, it will even last a little longer. More importantly, this model packs a 5th-generation Intel Core i3 processor, which guzzles less battery while providing the same power as its predecessors.

There are a few flaws to live with though. The Inspiron 15 3000 is quite heavy, and while it has a full-size keyboard, there is no backlighting so you can’t use it comfortably in a dark room.

SHARE THIS ARTICLE
Share
RELATED ARTICLE

Specs: 15.6″ display (1366×768 pixels) | 2GHz dual-core Intel Core i3 5005U processor | 4GB DDR3 RAM | Intel HD5500 Graphics | 1TB HDD | 16x DVD Writer | HD webcam | Wi-Fi, Bluetooth | 4-cell battery | Windows 8.1
Price: Rs. 39,890

Note: On several shopping sites, we found an upgraded model of this laptop for the same price. It features a Core i5 processor and 8GB of RAM. However, we haven’t tested that model.

All-Rounder

Best laptops under Rs 40,000, Laptop deals, Best laptops 30-40,000, Laptops to buy, Laptop guide, Dell Inspiron 15 3000, Dell Inspiron 15 3000 price, Dell Inspiron 15 3000 specs, Dell Inspiron 15 3000 Flipkart, Dell Inspiron 15 3000 Amazon, Lenovo Ideapad Flex 2-14, Lenovo Ideapad Flex 2-14 Price, Lenovo Ideapad Flex 2-14 specs, Lenovo Ideapad Flex 2-14 features, Lenovo Ideapad Flex 2-14 Amazon, Lenovo Ideapad Flex 2-14 Snapdeal, Asus Transformer Book T200, Asus Transformer Book T200 price, Asus Transformer Book T200 Flipkart, Asus Transformer Book T200 Snapdeal, Asus Transformer Book T200 Amazon, Technology, technology newsLenovo IdeaPad Flex 2-14 has a touch-screen.

Lenovo Ideapad Flex 2-14
There are plenty of models of the Lenovo Flex 2, starting from about Rs. 26,000 and going all the way up to around Rs. 50,000, depending on the configuration you want. We tested a variant with a Core i3 processor and 500GB HDD with 8GB SSD.

The Flex 2’s core appeal is the touchscreen, which flips back so that it can be propped up as a tablet. You won’t use this much in the initial few days with your laptop and it just feels gimmicky. Give it time. Over a couple of weeks, you get used to the idea of lying in your bed, the keyboard resting upside down on your stomach, while you read a book or play a game or watch a movie. It’s not gimmicky any more, but you need to get used to it.

Apart from that, the Flex 2 is a pretty good laptop by itself, although it’s a bit bulky. The bigger problem is its battery life. The Flex 2 lasts for about 4 hours of average usage, so you’ll need to carry a charger along.

Specs: 14″ display (1366×768 pixels) | 1.7GHz dual-core Intel Core i3 4010U processor | 4GB DDR3 RAM | Intel HD4400 Graphics | 500GB HDD, 8GB SSD | No DVD Writer | HD webcam | 2xUSB 2.0, 1xUSB3.0 | Wi-Fi, Bluetooth | 4-cell battery | Windows 8.1

Price: Rs. 35,000-37,000 approximately, depending on where you buy it

Note: As Javed Anwer pointed out above, Lenovo is claiming some models of the Flex 14 have a Full HD display. We can’t vouch for that, nor claim that’s untrue. The model we tested has a 14″ HD screen, not Full HD. We would advise caution before purchasing this online for the Full HD display, based on what you read on a website. If you do want to buy this model, it’s best to go to a Lenovo showroom, since Lenovo usually bundles in an additional 2-year warranty for about Rs. 1,000.

Portability

Best laptops under Rs 40,000, Laptop deals, Best laptops 30-40,000, Laptops to buy, Laptop guide, Dell Inspiron 15 3000, Dell Inspiron 15 3000 price, Dell Inspiron 15 3000 specs, Dell Inspiron 15 3000 Flipkart, Dell Inspiron 15 3000 Amazon, Lenovo Ideapad Flex 2-14, Lenovo Ideapad Flex 2-14 Price, Lenovo Ideapad Flex 2-14 specs, Lenovo Ideapad Flex 2-14 features, Lenovo Ideapad Flex 2-14 Amazon, Lenovo Ideapad Flex 2-14 Snapdeal, Asus Transformer Book T200, Asus Transformer Book T200 price, Asus Transformer Book T200 Flipkart, Asus Transformer Book T200 Snapdeal, Asus Transformer Book T200 Amazon, Technology, technology newsAsus Transformer Book T200 scores on portability.

Asus Transformer Book T200

We were quite impressed with the Asus Transformer Book T100 (read our review), and the T200 lived up to our high expectations. It’s the perfect companion for the on-the-go executive. This is a 2-in-1 hybrid, which means the screen detaches from the keyboard to be used as a standalone tablet. Yes, Windows 8.1 isn’t the best operating system for touchscreens, but hey, it’s still convenient enough for simple things like watching a movie or reading a book on the Kindle app.

More importantly, the Transformer T200 uses a microUSB charger, which makes it incredibly convenient to use it as your travelling companion. Imagine, not only will the same cable power your laptop and your phone, but you will almost always find someone with a microUSB cable that you can borrow from. No more having to lug around that brick!

The T200’s shortfall is in its processing power. This isn’t the laptop for high-end games or intensive photo-editing. It’s fine for browsing, it’s fine for Microsoft Office, and it’s good enough for watching movies and listening to songs. If that’s all you want, the T200 is a winner.

Specs: 12″ touchscreen display (1366×768 pixels) | 1.46GHz quad-core Intel Atom Z3775 processor | 2GB DDR3 RAM | Intel HD Graphics | 500GB HDD, 32GB SSD | No DVD Writer | 5MP rear camera, HD webcam | Keyboard dock: 2xUSB 2.0, 1xUSB 3.0, 1xHDMI | Wi-Fi, Bluetooth | 2-cell battery in tablet, 2-cell battery in keyboard dock | Tablet: microUSB port, SD card slot | Windows 8.1
Price: Rs 35,000

Brief Insight about the Men Sober Living

For a few getting better addicts, the toughest aspect to do is live in the “real” world in which buddies and family continue to drink around them. With alcohol being this kind of accepted part of society, they locate it very difficult to maintain a sober living environment. From weddings and funerals to mandatory holiday work parties, occasionally it feels there isn’t another way around it. Continue Reading