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MTN MoKash Savings, loan service launched in Rwanda – PC Tech Magazine
MTN Rwanda, in partnership with Commercial Bank of Africa (CBA), launched MoKash, a mobile savings and lending service plan for MTN mobile money subscribers. The service allows MTN Mobile Money users to save money, earn interest on their savings as well as acquire short-term loans through their mobile phones. This will go a long way …
[PHOTOS]: MTN launches MoKash savings and loan service | New times
MTN mobile money subscribers have a new possibility to save and borrow money, thanks to a new platform, known as MoKash. MTN Rwanda, in partnership with Commercial Bank of Africa (CBA), yesterday launched the revolutionary savings and loan product that enables registered MTN Mobile Money customers to save, earn interest and take out short-term loans. …
The interest on the mortgage can be set off against the taxable rent
I own two houses. One is rented while the other is independent. Only the self employed has a home loan which gives me a tax deduction of Rs2 lakh on the interest paid. Will I get a higher tax benefit if I also rent this house? —Navin Bhatia The amount of the tax deduction for …
The hidden risks of bank loan funds
Getty Images / iStockphoto Text size Bank loans may seem like the perfect cure for today’s volatile and high markets. They earn a lot, just under 5%, as many of the companies that issue these securitized loans are rated below the investment grade. Plus, their interest rate is adjustable, so when rates go up, their …
Is HDB loan refinancing a good idea?
If you’re reading this article, you’ve probably taken a HDB loan for your home, but now you wonder if you made the right choice. You want to know if refinancing an HDB loan with a bank loan is worth the effort. Don’t worry, we have the right information for you! Let’s first look at the …