If a person is denied a credit card because his employer is not a listed company, what could be an alternative for such a person to get a credit card?
The person can apply for a secured credit card. These cards are 100 per cent secured against earmarked term deposits in the bank. These cards offer credit limit up to 80 per cent of their term deposit amount. Many banks issued such cards.
Do I get any rebate on an education loan if I pay the installments?
You can get tax deduction under section 80E in respect of only the interest paid for the education loan taken by you for the purpose of higher education for yourself, your spouse or your children. Please note that the tax benefit is only available in respect of interest payment and not toward repayment of the principle of education loan.
I want to learn to drive and have already bought myself a car. It is fully insured. When I have been enquiring with tutors about them teaching me in my own car they say it is possible as long as I have the correct insurance.
A regular car insurance policy should cover you as long as you have a valid driving licence and a person holding a valid driving licence seated next to you. You will also need to make sure that the necessary conditions are adhered to. If you ensure the above, your existing comprehenseive insurance should cover damage to the car and/or to third parties.