The choice between appropriate loan options becomes vital for urgent financial situations. The freedom they both grant comes from different loan functionalities of overdrafts and personal loans. Knowledge about their fundamental variations helps you decide better and achieve ultimate savings. What is a personal loan? Personal loans function as unsecured financing which allows you to…
The Indian stock market continues to remain volatile due to the ongoing geo-political issues such as: Trump’s tariff threat, Russia-Ukraine war, global inflation, high interest rates etc. All these issues have cumulatively resulted in India’s benchmark Nifty 50 index suffering a swift correction of more than 10% over the last six months. Nifty 50 has…
Metal credit cards since very long back have been a symbol of luxury and class in high-end finance products. Apart from their elegant looks, they also carry a handful of privileges specially loaded to entice the mini-set of high-value customers. Thus, one looking to upgrade his/her wallet should know what metal credit cards are and…
When considering the sale of significant investments like shares and securities, vacant plots, and house properties, the timing of the transaction can have substantial financial implications. From the point of view of tax planning, the end of the fiscal year is the most important time to plan the sale of assets. Many equity investors conduct…
BOBCARD, a wholly-owned subsidiary of Bank of Baroda, has come up with a host of offers and exclusive discounts on its credit cards across top e-commerce platforms, including Amazon, Flipkart, Reliance Digital, Croma, MakeMyTrip, Air India, and more for ‘International Women’s Day’. The offers will be available till March 31. “Shoppers using their BOBCARD credit…
As India’s household debt continues to grow, many consumers are faced with a pressing financial question: whether to pay off debt or invest their extra cash? This dilemma is particularly pertinent in today’s economic backdrop, where issues such as: interest rates, repayment terms and potential investment returns play extremely important roles. That is why it…
Credit cards are crucial for Indians, offering easy access to credit and helping build a strong credit history. The total number of credit cards in India is projected to grow and reach 200 million by FY28-29, growing at a CAGR of 15% according to a report by PwC. Over the last five to six years…
Various loyalty programs, such as frequent flyer programs (FFPs) of airlines and hotel loyalty programs, offer points transfer bonuses from time to time. These offers are in partnership with banks, wherein credit cardholders can transfer their reward points to the loyalty program and get additional bonus points. Maharaja Club, the frequent flyer program of Air…
I have a small patch of land in a village. I’ve given power of attorney of the land to a childhood friend residing in that village as I’m rarely there. I wanted to know if he can sell off the land in my absence. What are some measures that can be implemented or legal aspects that…
A good credit score holds immense value in India while applying for credit cards and loans. While loan repayment and usage of credit cards form most of your credit scores, people often ask if they will remain creditworthy even if they settle bills such as their mobile bill. How is your mobile bill going to…
