Monthly Archives: February 2024
Personal loans are your saviour when you need a financial boost. They help you get instant funds to manage your cash needs without much hassle. The best part? No collateral is needed. Many turn to personal loans owing to their simple and quick nature. But there’s more to personal loans than just quick financial relief….
If you use a credit card, the chances are you often look at the CVV, your name, or the bank name printed on the card. Amidst various details, one tiny but mighty detail is the credit card expiration date. Whether you swipe your card while on a shopping spree, or even do a routine check…
Many of you might have already embraced the ease and versatility that credit cards offer in your daily lives. You know about the kind of rewards you can get. Some even create a list of things that they can fulfil using a credit card. But do you understand the clauses of the credit card repayment…
A personal loan is a type of unsecured loan offered to individuals from banks or financial institutions. Securing the lowest interest rate on a personal loan is a financial goal for many borrowers. When you take a personal loan, you typically agree to repay it in fixed monthly instalments, known as Equated Monthly Instalments EMIs….
In today’s fast-paced world, every penny saved contributes to financial security and prosperity. While directly funding investments via credit cards is prohibited due to associated risks and regulations, credit cards can play a pivotal role in helping individuals save money and allocate those savings towards investments. By leveraging the myriad rewards, offers, and reward points…
When borrowers fall behind on their loan payments, lenders initiate the loan recovery process to recoup the outstanding debt. Understanding how this process works is crucial for both borrowers and lenders alike. In this blog post, we’ll delve into the steps and strategies involved in the loan recovery process, shedding light on how borrowers can…
When borrowers fall behind on their loan payments, lenders initiate the loan recovery process to recoup the outstanding debt. Understanding how this process works is crucial for both borrowers and lenders alike. In this blog post, we’ll delve into the steps and strategies involved in the loan recovery process, shedding light on how borrowers can…
As the global economy continues to be in a state of flux, more and more individuals are looking to invest their money somewhere safe and secure. If you are an NRI looking to take advantage of high-interest rates on foreign deposits in India, a Non-Resident External (NRE) account deposit may be the solution you’ve been…
Imagine you’re saving up for a big trip. Your current account is like a piggy bank, slowly filling up with spare change. It’s convenient for everyday expenses but doesn’t grow much. On the other hand, your savings account could be like a treasure chest, where your money can grow over time. Most people do not…
Your credit card opens up the world of personal finance to you. It offers a convenient and rewarding way to spend money online or offline. However, credit cards need to be used responsibly. Money spent on a credit card can be considered a short-term loan that the borrower needs to pay back within a specified…
Are you feeling the pinch of financial stress, longing for a personal loan to alleviate the pressure, yet haunted by the fear of rejection? It’s a scenario many can empathise with. But fear not; understanding why lenders may reject your application is the first step toward securing that much-needed financial assistance. So, let’s delve into…
Imagine Sarah, a single mother, suddenly faced with unexpected medical bills for her child’s treatment. She urgently needs funds but finds it challenging to understand the eligibility criteria for a Personal Loan, given her limited income and average credit score. To help Sarah and others like her, this blog provides essential details about Personal Loans….
As Non-Resident Indians (NRIs) increasingly look for investment opportunities in their home country, banks must develop special approaches to cater to this segment’s unique needs and preferences. IndusInd Bank offers different types of NRI bank accounts that NRIs can choose from. As the world becomes increasingly globalised, more and more people are moving across the…
Picture this: A couple has recently shared their engagement news. Their friends congratulated them and suggested they go for a destination wedding as it would be an unforgettable experience with loved ones at their favourite destination. The couple explained restrictions on the budget for the marriage, which was quite insufficient for a destination wedding. Their…
Access to financial assistance is easier with the availability of personal loans. With just a few clicks or taps, you can apply for a personal loan to fund your dreams, tackle unexpected expenses, or consolidate debts. However, the convenience and speed of obtaining these loans should not overshadow the importance of understanding one crucial aspect:…
Personal loans are an easily accessible form of credit in India, offering individuals the flexibility to address various financial needs without pledging collateral. Securing a personal loan can often be the gateway to fulfilling aspirations, whether it’s renovating your home, funding education, or dealing with unexpected expenses. However, the path to loan approval isn’t always…
Today the world is an open place. It is accessible because of convenience and disposable income. What was a far-fetched dream for our grandparents is on our bucket list today. Luxury today is not reserved for a few! If you see an influential person on a cruise, you don’t need to envy or wish, you just…
In this day and age, convenience and flexibility of payments have become a major consideration factor for consumers across the world. That’s why banks and financial institutions have introduced innovative solutions to make purchasing big-ticket items more accessible and affordable. One such solution that is the most popular amongst consumers is the concept of No…
We all know household appliances play a crucial role in simplifying our daily routines and enhancing our quality of life. Whether it’s a new refrigerator, washing machine, or microwave oven, purchasing appliances often involves significant financial considerations. To ease the burden of upfront costs, many consumers turn to credit card EMIs (Equated Monthly Installments) as…
Personal loan tenures play a crucial role in determining the duration of your repayment journey and the overall cost of borrowing. Whether you’re considering a short-term loan to pay off debt quickly or a long-term loan for lower monthly payments, it’s essential to understand the minimum and maximum durations available. In this blog post, we’ll…