Monthly Archives: March 2022
The typical investment instruments such as mutual funds and fixed deposits are great for retail investors. However, if you are a high net worth individual looking to get more out of your capital and are willing to take on additional risks, portfolio management services PMS and Alternative Investment Funds AIF might just be for you….
Today, credit cards are more than just convenient financial instruments. Considering their wide utility, they’ve become a lifestyle accessory, a necessity that opens you up to a world of exciting benefits and saving opportunities. It allows you to manage your expenses with ease, helps you build a solid credit history, and offers additional perks. The…
Customers prefer to make payments electronically because of the convenience that they provide.However, businesses, need to have the necessary payments infrastructure in place in order to accept payments digitally. But how do you actually go about it with all the jargon around this topic such as merchant accounts, merchant services, etc.? Worry not. Here’s a…
Let’s face it! A credit card is no longer a luxury item today. No matter what your lifestyle, when you get a credit card, you unlock unmatched spending freedom. Whether it’s your monthly grocery shopping, a night out with friends, or a big-ticket purchase for your family, a credit card lets you pay hassle-free. Not…
One of the most popular types of loan is a personal loan. Taken out for reasons entirely personal to an individual, this is a type of unsecured loan which usually comes with simple eligibility criteria and an easy application process. Unlike a car or home loan that must be used for that specific purpose, a…
When travelling overseas, forex cards are a faithful companion to cover all your monetary needs. A secure and safe way to carry the currency, these cards do away with the hassle of carrying wads of cash. You don’t have to worry about restrictions related to carrying cash overseas, nor do you have to worry about…
When applying for a two-wheeler or bike loan, how can you tell if you’re getting the best deal? No, a loan deal with the lowest two-wheeler loan interest rate isn’t the best. You may be tempted to accept the offer, but a little due diligence here can help you find a much better deal and…
Fixed-income Investors sometimes put too much at risk for a tiny gain. Many times, they are caught up in the attractive interest rate on specific investment instruments without taking into account the associated risks. We live in a time in which retail price inflation (as measured by the Consumer Price Index) is increasing. Also, the…
Contactless credit cards have been used in many countries for a long time. Moreover, they are becoming increasingly prevalent in India. However, with each technological advancement, there are many questions. These can be, “How can these cards operate? Is it safe to use the technology?” Well, contactless cards are one of the safest forms of…
If you’ve been driving along highways in India, you already know that toll plazas accept payments automated using FASTag. Beginning in February 2021, each vehicle that passes across NHAI (National Highways Authority of India) toll stations must be equipped with an active FASTag to enable automatic toll deduction. The tolls will charge more than the…
A current account is a zero interest rate bank account popular among business owners who carry out large amounts of transactions regularly. Like a regular savings account, current account holders can also withdraw, deposit and transact money but with higheror no limit. Current accounts nowadays also come with the facility of direct deposit or auto-pay….
Also referred to as plastic money or just plastic, credit cards are an easy and convenient way to make payments and build credit. Today, they are universally accepted, having more or less become an indispensable part of a modern lifestyle. While most of us broadly know what a credit card is, many aspects of its…
Want to make an international money transfer to your child overseas? Or maybe one of your relatives living abroad is facing a financial emergency and is in urgent need of cash. Whatever may be your reason for overseas money transfer, outward remittance is the best way to do it. Simply put, it is a money…
Most of us are meticulous business planners. However, there are times when you want to scale up business without having to disturb your savings. At this point in time, borrowing money from friends and family could be an easier option. However if amounts are large, it may not be a good idea to stress their…