BUSINESS
COVID-19 lockdown: How WhatsApp can double up as your banking assistant
Customers can access a host of their banking requirements on their own, without visiting a branch
BUSINESS
Opening a bank account online: All you need to know
You need to provide your Aadhaar number for the process to be successful
BUSINESS
Are expensive travel credit cards needed when flying is restricted?
Considering the present crisis, holding such expensive credit cards in your wallet is of no value
BUSINESS
Inflated electricity bill: Should you pay in instalments or settle it in a single lump-sum?
You will have to stop or pause the auto-debt facility if you have disputes with inflated bills
BUSINESS
Stood as guarantor? Know how to protect yourself if the borrower defaults on loans
When a borrower is unable to make repayments in time, the liability falls upon the guarantor to make good the dues
BUSINESS
Unlock 2.0: Banks will charge for these services from July 1
Some of the relief measures announced for bank customers earlier will now be slowly rolled back
BUSINESS
Credit report: How you can access it for free and rectify errors
If you have a higher credit score, you can also negotiate for better interest rates on loans
BUSINESS
Those who opt for moratorium should not apply for fresh loans: TransUnion CIBIL
We expect a drop in approval rates for all major retail products
BUSINESS
RBI guidelines to rein in fintechs that use bullying recovery tactics
RBI’s move to bring in more transparency on lending ensures that borrowers know who they are dealing with, upfront
BUSINESS
Know your rights to fend off recovery bullies unleashed by fintech lenders
When you borrow, you’ve got to repay. But lenders cannot humiliate you and use aggressive methods for recovery
BUSINESS
4 factors that may hurt your credit score despite the loan moratorium
Every time you skip an EMI or a credit card payment, your scores get impacted
BUSINESS
Omicron crisis: 5 ways to trim your expenses and free up cash in your budget now
You must take control of your finances even more now curb expenditure
BUSINESS
Buying a used car during COVID times? Be aware of the paperwork on loans and insurance covers
Interest rates on used-car loans are generally higher compared to those on new car loans
BUSINESS
Up to 72% respondents say they will soon take a personal loan to meet high-priority expenses: IndiaLends Survey
The nationwide survey of nearly 5,000 respondents threw up surprises on number of respondents opted for loan moratorium, planning to take personal loan, struggling to continue with investments and more.
BUSINESS
5 steps for freelancers to survive through COVID-19 crisis
In COVID-19 crisis, freelancer should look for alternate income opportunities in area of expertise and adapt to newer ways to showcase their skills.
BUSINESS
Use fixed deposit overdraft facility wisely to meet your short-term needs
Overdraft against FD is available at a lower interest rate as compared to personal loans and pre-approved loans against credit cards.
BUSINESS
COVID crisis: Money matters NRIs must fix before returning to India for good
From clearing home loan dues, to changing bank accounts and buying insurance locally, NRIs must take a systematic approach to their finances before packing their bags
BUSINESS
RBI policy: Interest rates on fixed deposits likely to fall
As banks pass on lower loan rates to borrowers, it follows that deposit and savings account rates too will decline
BUSINESS
Buying a car during COVID times? Avoid special financing schemes
The total interest outgo in these schemes is higher than what a regular car loan entails
BUSINESS
Yes Bank’s FD with COVID cover: Avoid deposits that come with bundled policies
You should consider buying a COVID-19 insurance cover that is much more holistic
BUSINESS
COVID-induced job loss: Fix your money matters to sail through all contingencies
The first step is to ensure that you have an emergency corpus that takes care of your most essential expenses for six months
BUSINESS
Don't shop for non-essentials in COVID times, despite the discounts on offer
Avoid blocking your money right now by shopping for non-essentials. Cash is king for the immediate future, so spend wisely
BUSINESS
Most of our salaried borrowers haven't opted for the loan moratorium: Bank of Baroda
For the salaried, this is the best time to buy a house, as interest rates are the lowest in almost two decades
BUSINESS
Want to cancel your house booking during COVID times? Know the steps involved
Usually, the developer would deduct 5-10 per cent of the booking amount and refund the remaining sum
