Nowadays, money is an asset for fulfilling needs. It makes you financially independent and allows you to invest in different financial instruments. With so many unpredictable circumstances around the corner, it is essential to secure your future. You should invest at least 20% of your income in Mutual Funds, Stocks, Debt Funds, or other asset classes.Continue
Added by Arjit Chalmela on July 18, 2022 at 8:17am — No Comments
Bikes are considered cost-effective amid rising fuel costs. Hence, the two-wheeler is a preferred mode of transport among Indian families. You require lesser maintenance and space than a car and can cruise through Indian roads without hassles. Whether there are clear roads or traffic congestion, you are bound to reach your destination on time.
A Two-Wheeler Loan from a reputed bank…Continue
Added by Arjit Chalmela on July 18, 2022 at 8:00am — No Comments
Of late, everything has become digital. Even financial technology has progressed significantly. It has replaced the traditional banking system to a great extent. The older, time-consuming banking procedures have become accessible…Continue
Added by Arjit Chalmela on May 26, 2022 at 5:00am — No Comments
Added by Arjit Chalmela on May 19, 2022 at 2:33am — No Comments
Added by Arjit Chalmela on May 19, 2022 at 2:31am — No Comments
Meeting unexpected financial expenses becomes challenging considering the inflated economy. Moreover, savings are not always sufficient to fulfill emergency needs. Availing of credit is the only feasible option in such situations. Now, banks offer different Loan options for the same. Gold Loan stands out from the rest as it lets you pledge your ornaments and get a reasonable interest rate.
Most Indians invest in gold. Hence, this is not challenging security to arrange. Moreover, the…Continue
Added by Arjit Chalmela on April 7, 2022 at 3:51am — No Comments
Your take-home salary is the total of your primary salary, deductions, additional allowances, etc. Other terms like gross salary, CTC or Cumulative Cost to Company, and net salary get linked to it. Hence, it is necessary to understand them and how they impact your income. The foundation of your salary is the basic amount you receive from the company.
The most common requirement while joining a new organization or company is to open a…Continue
Added by Arjit Chalmela on April 7, 2022 at 1:44am — No Comments
There are numerous benefits of maintaining a Bank Deposit. The money you earn and save primarily gives you decent returns, which you can use in the future. Hence, with bank deposits, you earn interest and ensure the safety of funds. It helps you get easy access to money without risks or financial threats.
Recently, India has witnessed an increase in people opening a Zero Balance Account. The government offers many attractive schemes to banks and customers to encourage them to open…Continue
Added by Arjit Chalmela on March 8, 2022 at 2:00am — No Comments
Once you have established a system, monitoring and accepting Credit Card payments is relatively simple. Here are some quick tips to help you along the way.
Choose the correct payment method
The first step is to decide when and how you want to receive the payment. You can, for instance, accept payments:
Added by Arjit Chalmela on February 14, 2022 at 4:05am — No Comments
In our daily lives, we make many transactions. From buying groceries to movie tickets, the list goes on. It is not always possible to carry loads of cash in such cases. Now, you could keep it safe from your end. But sometimes, factors beyond our control affects its safety. Hence, having a Bank Account is important.
Nowadays, many banking portals offer the option of Instant Account opening. You…Continue
Added by Arjit Chalmela on February 11, 2022 at 6:23am — No Comments
Financial institutions offering Loans need several documents from different applicants before sanctioning the Home Loan. This list is the same for all lenders. It also depends on the Loan purpose, amount, scheme, and individual credit profile. Following are the documents you should have handy:
Important Home Loan documents for NRI applicants:
Added by Arjit Chalmela on January 10, 2022 at 8:18am — No Comments
Financial needs crop up anytime, and they come in varying forms. It may be a medical emergency, while for others, educational expenses. Sometimes a big-ticket cost can also imbalance your finances. Also, you cannot put them off until you accumulate sufficient savings. Here, a Personal Loan bridges the gap. They are an unsecured credit option that does not bind you to a specific purpose.
However, like any other credit, it comes with repayment terms. You need to pay off the borrowed…Continue
Added by Arjit Chalmela on January 10, 2022 at 1:14am — No Comments
Any business needs funds to grow and maintain sustainability. Hence, large-scale industries endure and never run out of finances. They have different means to do the same. Lenders are quick to consider their credit requests due to large-scale operations. However, medium and small-scale enterprises do not enjoy the same privilege. Despite contributing to the country's economy, they struggle with finances.
This affects their functioning and eventually leads to their downfall. To keep…Continue
Added by Arjit Chalmela on December 14, 2021 at 12:59am — No Comments
Money is a saviour, especially during fund and medical emergencies. It helps you overcome challenges and fulfil your dreams. With enough savings, you can achieve your financial goals and plan for a brighter future. Every penny saved is precious and enables you to invest in other assets for wealth creation.
All banks offer a wide range of accounts to suit your financial needs. Whether you manage your wealth for future financial goals or daily expenses, the Saving Account opening helps…Continue
Added by Arjit Chalmela on December 9, 2021 at 1:50am — No Comments
When you think about it, two-wheelers are one of the best and trusted companions all over the country. During the day or night, you see bikes on the roads. They are not just helpful for commuting, but you also use them for leisure rides, racing, long-distance travel, and off-road riding.
Thanks to banks offering a Two-Wheeler Loan to customers, it has become easier to buy a bike. It is easy to apply…Continue
Added by Arjit Chalmela on October 30, 2021 at 8:30am — No Comments
Almost all the banks offer both Current and Savings Accounts. These Bank Accounts are different from each other. People get confused about what are Savings Accounts and Current Accounts?
Savings Accounts are meant for people who want to save their money. Current Accounts are for frequent business transactions. There are other differences between the two. For example, Savings…Continue
Added by Arjit Chalmela on October 30, 2021 at 8:00am — No Comments
As India progresses towards a cashless economy, most merchants have equipped themselves to serve better. Be it restaurants, retail stores, bars, salons, or any other in-person business, the emphasis on digital payments is evident. Hence, if you are a merchant, you need to join the technological revolution to serve your customers efficiently. A big part of this digitisation is the usage of a point-of-sale system.
More commonly known as…Continue
Added by Arjit Chalmela on October 11, 2021 at 11:56pm — No Comments
Banks in India offer different accounts to meet the diverse needs of customers. When opening an account, you need to understand your need to select the correct account type. You should store your hard-earned money safely. You spend lots of time and effort accumulating savings for the future and do not want it to go in vain.
A Savings Account is a common and popular financial product offered by banks. It…Continue
Added by Arjit Chalmela on October 11, 2021 at 11:54pm — No Comments
Banking in India has evolved ever since the arrival of the digital age. Both young and old customers are embracing digital banking and making full use of the benefits. Imagine never having to leave your home or office to complete your banking transactions! Be it transferring funds, ordering cheque books and bank cards, or applying for loans; all get done online.
Mentioned are all the reasons why you should consider to Personal Loan apply online. Using this facility is both simple and…Continue
Added by Arjit Chalmela on September 8, 2021 at 3:41am — No Comments
Many of us invest in assets like gold and property for the value they provide. These are often the first consideration for availing of loans. They offer an excellent opportunity to get a loan against collateral. However, there is also a risk of losing them, which is not ideal as they are valuable possessions.
For avoiding dealing with such uncertainties, banks offer Loan against…Continue
Added by Arjit Chalmela on August 9, 2021 at 2:42pm — No Comments