It is necessary to know the loans that are currently linked with your PAN card — Home (Housing) Loans Keep an eye on your debts for arranging the payment you can control it with an EMI calculator or any other…
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…
Annualised Yield, often known as Annual Percentage Yield (APY), represents the interest rate for a fixed deposit (FD) annually accounting for the effect of compounding interest during that period. The tool offers a real-time display of FD interest earnings over…
A personal loan is a Non-performing Asset (NPA) when the payment is missed. On the 30-day post-non-payment of one or multiple EMIs, a loan goes into delinquency and it is followed by more intensive means to connect with the borrower.…
Raksha Bandhan the festival Of brother-sister bond. On this day the sister ties a rakhi to her brother and symbolizes protection, a loyal relationship between brothers and sisters. It proves the bonding and love they share as siblings. It builds…
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…
Different types of borrowing options are available in the financial world. If you need some extra money, go for the two popular choices: Personal loans and Loans against PPF (public provident Fund). Both have pros and cons; choosing the right…
Non-Performing Assets, popularly known as NPAs are a crucial economic indicator used to evaluate the health and resilience of banks and other financial institutions in finance. It is an important parameter for banks because NPAs directly weigh down on how…
Promissory Notes Covered under the Negotiable Instrument Act, a promissory note offers a legal value to any transactional contract. It comprises two parties namely, the borrower and the payee, and the former agrees to pay a certain sum of money…