Finance News — Page 13

Check your Annual Information Statement (AIS) on the Income Tax portal — any property gift above ₹45 lakh will now appear there, and you must account for any rental or sale income from it in YOUR ITR, not your spouse's.

If you've already gifted property to your spouse and the rental income is being filed under their name, consult a CA immediately — you may need to revise past returns to avoid penalties and interest under Section 64 of the Income Tax Act.

Avoid gifting income-generating assets (property, FDs, stocks) to a spouse purely to split tax liability — the clubbing rules neutralise the benefit and the new reporting makes non-compliance much riskier.

If the Inflation Expectations Survey shows households expect prices to stay high, lock in long-term FDs or RDs now before banks adjust rates downward — current FD rates of 7-8% may not last.

If Consumer Confidence is improving (more urban and rural Indians feel positive about income and jobs), it could signal RBI may hold or cut rates soon — a good time to compare home loan offers on GoCredit before rates shift.

If professional forecasters are signalling lower inflation ahead, consider reviewing your debt repayment strategy — a rate cut cycle could reduce your EMI burden in the next 1-2 quarters.

File your ITR accurately and on time — lenders typically ask for the last 2-3 years of ITRs when processing personal loan applications above ₹3-5 lakh

If you traded in F&O (Futures & Options) and booked losses, disclose them correctly — unexplained cash flows or trading losses can raise red flags during lender verification

Keep your ITR acknowledgement (ITR-V) and Form 26AS handy — these are now standard documents for loan eligibility checks at most banks and NBFCs

Lock in fixed-rate loans now if you're planning to borrow — floating rates won't fall anytime soon with the repo rate on hold at 5.25%.

If you already have a floating-rate personal or home loan, don't wait for an EMI reduction — budget assuming your current EMI stays flat for the next few months.

Compare lenders actively using platforms like GoCredit, since individual lenders may still adjust their spreads even when the RBI holds rates steady.

If you have savings in a small co-operative bank, check if it's RBI-licensed and financially healthy — your deposits above ₹5 lakh are NOT insured

Depositors of Shirpur Merchants' Co-op Bank can claim up to ₹5 lakh through DICGC insurance during the liquidation process — file your claim as soon as the liquidator is appointed

Consider moving large savings to RBI-regulated scheduled commercial banks or reputed small finance banks where your money is safer and better monitored

Always demand a full Key Fact Statement (KFS) from your lender before signing any loan agreement — RBI mandates this for all digital and personal loans.

If your lender changed loan terms without proper notice, file a complaint on RBI's Sachet portal or the Banking Ombudsman — you have a legal right to transparent communication.

Before taking a new personal loan, compare offers on GoCredit to ensure you see verified lenders who are required to disclose all fees, interest rates, and EMI schedules upfront.

If you are planning a personal loan, consider applying sooner rather than later — heavy government borrowing can push retail loan interest rates slightly upward in the coming weeks.

Lock in a fixed-rate loan if possible; when bond yields rise due to large government auctions, floating-rate loans become riskier for your monthly budget.

Compare multiple lenders right now using apps like GoCredit to find the best available rate before any market-driven rate increases take effect.

If you invest in stocks or show market income on loan applications, ensure all your trades are in regulated, liquid instruments — illiquid option trades can raise red flags with lenders reviewing your financials.

Keep your income documents clean and verified — SEBI crackdowns often trigger stricter KYC and income checks by banks and NBFCs, which can slow down your loan approval process.

Use trusted platforms like GoCredit to compare personal loan offers where eligibility is based on verified income, so you always get the best rate without compliance surprises.

If you invest in stock options or F&O segments, stick to highly liquid contracts on NSE/BSE to avoid being caught in manipulated trades that could attract SEBI scrutiny.

Be cautious of any financial advisor or app promising guaranteed returns through obscure or low-volume stock options — SEBI is actively penalising such dealings.

Keep your financial transactions clean and documented — SEBI enforcement actions can indirectly affect your credit profile if linked accounts or entities face regulatory freezes.

If you invest in stocks or options, ensure all your trades are through regulated, transparent platforms — lenders may scrutinize your investment activity when assessing loan eligibility.

Keep your financial records clean: avoid suspicious or illiquid investment instruments, as SEBI-flagged activities on your financial profile can hurt your loan approval chances.

Check your CIBIL report regularly to ensure no fraudulent or misrepresented financial activity is linked to your PAN — a clean record means better loan interest rates.

If you have a gold loan or commodity-linked loan, monitor commodity price movements over the next 30 days as SEBI's new rules may affect how lenders price these loans.

Check your existing personal loan interest rate now — if lenders adjust risk pricing due to tighter commodity market regulations, fixed-rate loans protect you better than floating-rate ones.

Use this period to compare personal loan offers on platforms like GoCredit before any potential rate adjustments trickle down from institutional markets to retail borrowers.

Always verify if a trading advisor or academy is registered with SEBI at sebi.gov.in before paying any fees or following their tips.

Never invest borrowed money or take a personal loan to trade in stocks based on tips from unregistered advisors — your EMI will keep coming even if you lose money.

Report suspicious trading academies or WhatsApp tip groups to SEBI's SCORES portal so others in your community are protected.

If your name closely matches a flagged entry, your bank may temporarily freeze your account — keep your KYC documents like Aadhaar and PAN updated to quickly prove your identity and get it resolved fast.

If you are applying for a personal loan and face unexpected delays, ask your lender specifically if a KYC or AML (Anti-Money Laundering) flag is the reason — you have the right to know and appeal.

Ensure your bank has your latest contact details so they can reach you immediately if any compliance check flags your account by mistake — update your mobile number and email at your nearest branch today.

If you run a small business and borrow from banks or NBFCs for large transactions, check whether your company needs to register for an LEI code — it can affect your loan processing speed.

As a salaried borrower, watch for faster and cleaner loan approvals in the coming months — better transaction tracking means banks can assess risk more accurately and may offer you better rates.

Use platforms like GoCredit to compare personal loan offers now, since improved financial market transparency driven by these RBI rules is likely to push lenders to compete harder on interest rates.

If you have been waiting to take a personal loan, a more stable rupee environment means interest rates are less likely to spike suddenly — so this could be a good window to lock in a loan at current rates.

Check whether your existing EMIs on loans linked to floating rates change over the next few months — rupee stability tends to reduce pressure on RBI to hike rates, which protects your wallet.

Compare loan offers now before April 10, 2026, when banks must comply with the new rule — use platforms like GoCredit to quickly see the best personal loan rates available to you today.

If you notice any unauthorized transaction in your bank account, report it immediately in writing via app, email, or helpline — your liability reduces significantly the faster you report it.

Demand a 'shadow reversal' (temporary credit) of the disputed amount within 10 working days of reporting — this is your RBI-guaranteed right, not a bank favour.

Save screenshots and timestamps of every fraud complaint you raise; if your bank delays beyond 10 working days, escalate directly to RBI's Banking Ombudsman at cms.rbi.org.in.

Lock in your personal loan now if you need one — heavy government borrowing between April–September 2026 could keep bank interest rates elevated, so waiting may not save you money.

If you have existing loans on floating interest rates, monitor your bank's base rate announcements between April and October 2026 closely, as heavy bond supply can slow down any rate cuts passing to borrowers.

Consider Sovereign Green Bonds (SGrBs) as a safe, government-backed investment option — RBI is issuing ₹5,000 crore worth in April 2026, ideal for salaried professionals looking for fixed returns alongside their savings.

Lock in your personal loan NOW if you find a good rate — heavy government borrowing in Q1 2026 could put mild upward pressure on lending rates by mid-year.

Compare loan offers across multiple lenders before June 2026, as banks may quietly adjust interest rates based on how these T-Bill auctions play out in the market.

If you have an existing floating-rate loan, track your bank's base rate announcements between April and June 2026 — your EMI could shift slightly depending on liquidity conditions.

Lock in your personal loan now at current interest rates — government cash management stability often signals steady repo rates in the near term, meaning today's EMI could be the best deal you get for months.

If you're planning a big loan (home, education, or business), apply before September 2026 — this WMA window suggests the government will avoid aggressive market borrowing that typically pushes up lending rates.

Check your loan eligibility on apps like GoCredit to compare offers across lenders — when market liquidity is stable, banks and NBFCs compete harder on rates, giving you better personal loan deals.

Watch for stronger fraud protection features on your banking and loan apps over the next 3 years — enable all security alerts and two-factor authentication now to stay protected

If you send money abroad or receive remittances from family overseas, expect faster and cheaper cross-border transfers as RBI upgrades these frameworks by 2028

Stay alert for new digital lending safeguards coming your way — review your existing loan apps and stick to RBI-regulated platforms like GoCredit to avoid fraudulent lenders

If you run a small business and deal with banks for large transactions or derivatives, check whether your company needs an LEI registration — it can affect your access to certain financial products.

As a salaried borrower, this regulatory cleanup means banks and lenders face less compliance confusion, which can eventually lead to faster loan processing times for you — so keep your documents ready.

Use platforms like GoCredit to compare personal loan offers now, since a more transparent financial system means lenders can price loans more accurately and you may find better interest rates.

Lock in your personal loan rate NOW if you are planning to borrow — state government securities yielding above 8% signal that retail lending rates could inch higher in coming weeks.

Compare loan offers across multiple lenders before applying — a 0.25% difference in interest rate on a ₹5 lakh loan over 3 years saves you over ₹2,500 in total interest.

Check your credit score immediately — a score above 750 gives you bargaining power to negotiate lower rates even if the broader rate environment is rising.

If you applied for a loan around March 26, expect a 1-2 day processing delay — banks settle funds only on working days, so plan your loan disbursement dates around public holidays.

Check your bank's holiday calendar before scheduling an EMI auto-debit near a market holiday — a missed debit due to a holiday can incorrectly flag your account and hurt your credit score.

Use market holiday periods to compare loan offers online — platforms like GoCredit stay active even when bank markets are closed, so you can lock in the best rate without waiting.

Monitor your bank's lending rate announcements in the next 2-4 weeks — if liquidity stays comfortable, your bank may reduce interest rates on personal loans or home loans.

If you are planning to take a personal loan soon, this is a reasonable time to compare offers since system liquidity is healthy and lenders may be more competitive on rates.

Check your credit score now so you are ready to apply quickly if rates drop further — a score above 750 gives you the best chance of grabbing low-rate offers.

Check your rural or urban co-operative bank's annual report from April 2026 onwards — look for the DICGC premium payment disclosure to confirm your deposits up to ₹5 lakh are fully protected.

If your co-op bank shows 'arrears in DICGC premium payment', consider moving your savings to a scheduled commercial bank or a better-rated institution to avoid risk.

If you're taking a personal loan from a co-operative bank, this transparency signal also reflects the bank's financial health — a bank with unpaid insurance dues may charge higher rates or face regulatory action.

Don't assume your bank is closed on March 31, 2026 — it will be open for all transactions including loan EMIs, deposits, and government payments, so plan your finances accordingly.

If you have a loan EMI due around March 31, make sure your bank account has sufficient balance — a failed payment on the financial year's last day can negatively impact your credit record for all of FY 2025-26.

Use March 31 to clear any pending loan dues, prepayments, or tax-related transactions so they are counted in FY 2025-26 and don't spill over into the new financial year.

Watch your loan interest rates closely over the next 30-60 days — a failed T-Bill auction often precedes shifts in short-term borrowing costs that lenders pass on to retail borrowers.

If you are planning to take a personal loan, consider locking in your rate now before market liquidity tightens further and banks revise their lending rates upward.

Check your credit score today — in uncertain rate environments, lenders tighten eligibility criteria, so a strong credit score (750+) gives you the best chance of securing a low interest rate.

Monitor personal loan interest rates over the next 4-6 weeks — heavy government borrowing can nudge bank lending rates slightly upward, so locking in a fixed-rate loan sooner may save you money

If you are planning a big loan (₹3 lakh+), compare offers across multiple lenders right now before any rate adjustments trickle down to retail borrowers

Check your credit score today — a score above 750 gives you negotiating power to demand lower rates even if market rates inch up due to government borrowing pressure

Check if your bank or lender has updated its interest rates recently — rising money supply often gives lenders room to offer better deals on personal loans.

If you've been waiting to apply for a personal loan, monitor RBI's next fortnightly data release; consistent money supply growth signals a borrower-friendly lending environment.

Compare multiple loan offers right now using apps like GoCredit — liquidity-driven rate changes don't last forever, and locking in a good rate early can save you thousands over your loan tenure.

If you have a loan or savings account with Bapunagar Mahila Co-operative Bank, visit your branch before March 27, 2026 to get updated account details, new passbook, and confirm your loan repayment schedule under Shri Vinayak Sahakari Bank.

Do NOT miss your EMI payments during the transition period — bank mergers can cause temporary confusion in records, and a missed payment can hurt your CIBIL credit score by up to 50 points.

If your current co-operative bank loan interest rate feels high after the merger, use this as the right moment to compare personal loan offers on GoCredit and potentially refinance at a lower rate from a larger lender.

Lock in your personal loan interest rate NOW if you are planning to borrow — heavy government borrowing can nudge rates upward over the next few weeks.

Compare loan offers across multiple lenders before applying, as banks may quietly adjust their lending rates in response to rising bond yields in the market.

If you already have a floating-rate loan, monitor your bank's communications closely — your EMI could inch up if market yields rise due to this borrowing pressure.

Watch SBI and Axis Bank stock moves — when big bank stocks fall, they sometimes cut loan rates to attract customers, which means cheaper EMIs for you

If you have an FD or savings account with SBI, volatile bank stocks can signal upcoming changes in deposit interest rates — check your rate now

Avoid taking big financial decisions on wobbly market days — wait for stability before applying for a large loan or breaking your investments

RBI is pumping more money into banks, making it cheaper for them to lend to you

Personal loan interest rates could drop in the coming months — good time to compare offers

Check your credit score now — a score above 750 gets you the best rates when they drop

Cleaner GST system means your income gets verified faster by banks

Keep last 2 years of ITR and GST returns ready before applying for any loan

Self-employed borrowers with consistent tax filings get 0.5-1% lower interest rates

Market ups and downs can change how aggressively banks offer personal loans

Your credit score matters even more during volatile times — keep it above 750

Compare offers from multiple lenders instead of going with just your salary bank

EMIs on existing floating rate loans will not increase — your budget stays safe

New borrowers can lock in current rates before any future hike

Credit card debt at 36-42% can be replaced with a personal loan at 10-14% — saves lakhs

SBI processing fee dropped from 1% to 0.5% — apply online to avail

SBI salary account holders get an additional 0.25% interest rate discount

Always compare APR (total cost including fees), not just the interest rate

Free monthly CIBIL updates — register on cibil.com to activate

Checking your own score is a soft inquiry and does NOT lower it

A score above 750 unlocks the best interest rates — track it monthly to time your application

Legitimate loan apps always show the NBFC or bank name and RBI registration number

No real lender will ever ask for upfront fees or access your photos and contacts

If you borrowed from a suspicious app, file a complaint at RBI SACHET portal or call 14448

Home renovation loan interest — deductible up to 30,000 per year under Section 24(b)

Education loan interest — fully deductible under Section 80E for up to 8 years

Business loan interest — deductible as business expense under Section 37(1)