An MSME certification is important for all small and medium businesses, providing you with great opportunities and benefits. Having accreditation through MSME registration, businesses can avail themselves of many schemes offered by the government, such as subsidies and financial aids,…
What is the Debt Avalanche Method? The Debt Avalanche Method is a debt repayment strategy that entails paying off debts with the highest interest rates first while making minimum payments on all other debts. You save money in the long…
What are your future goals? The first step for completing your goals is pursuing “higher education”. The cost of a college education can often be an obstacle whether you want to study in India or abroad, college education fees are…
Overdrafts vs Instant Loans Life’s little surprises, like a broken phone or a sudden medical expense, can leave you scrambling for money. Two common solutions are Instant loans and overdrafts provide a swift and convenient way to get the funds…
Your CIBIL report is much more nuanced than a somewhat chaotic inundation of credit terms. It is descriptive of every detail related to your credit history, and one of the more important details encapsulated is your DPD status. To know…
E-KYC is a government-devised ingenuity that allows people to completely digitise their KYC obligations. With identity theft and fraud nearing criminal ascendancy, e-KYC is an automated contrivance with only the highest thresholds of encryption that ensures zero breach of security…
The Cash Reserve Ratio (CRR) and the Statutory Liquidity Ratio (SLR) are like tools in a central bank’s toolbox, used to keep the banking system in check and help manage the country’s money matters. While both are aimed at keeping…
Chit Funds are highly regarded in India as effective savings schemes known for yielding returns. Governed by the Chit Fund Act of 1982, these entities operate under stringent state government regulations. Membership in a Chit Fund scheme offers individuals the…
Can I get a loan for myself, even if I already have a loan for my education? Yes, it is possible to obtain a personal loan while you have an education loan. However, the approval of the loan will depend…