Download App app-link

knowledge
center

Everything you want to know about Employees Provident Fund- (A)

Employee Provident Fund as the name suggests is an account under which a saving contribution is made for a salaried employee on a monthly basis. The said saving amount is deducted from the salary of the employee and is either a fixed amount of Rs. 1800% or 12% of the basic salary. Employee Provident Fund …

A BRIEF ON AXIS BANK SAVINGS ACCOUNT-(A)

Axis Bank offers different savings accounts to meet everyone’s banking needs. With a range of accounts, from regular savings accounts to premium accounts, online savings accounts to offline accounts, the bank ensures that every type of client is covered. Axis Bank’s minimum balance requirements differ from one type of savings account to one type of …

How credit score affects your Loan Eligibility (A)

A good credit rating is a key to an easy and quick loan. The first thing a lender will consider is your credit score when applying for the loan. If you have a good credit score (a CIBIL Transunion score higher than 750 is considered good), your loan request will be processed. However, if your …

6 Ways To Organise Once Your Salary Is Credited

Maintaining your budget should be of utmost priority once you start earning. Begin with setting aside the amount for your debt repayment at the initial days of the month. Apart from our basic needs as rent and services, one shouldn’t curb their wish to splurge on outings and parties. So, what would be the ideal …

A BRIEF IDEA ON FUNDED & NON-FUNDED LOANS

Funded Loan Facility Funded facilities are the loan where the bank or other financial institution allocates or issues capital in the form of loans, insurance, credit cards, or real cash (not a commitment) to their client. Bank overdraft, Overnight lending facility, Project Financing, Cash Finance, Running Finance, Financing against Defence saving certificates or other marketable …

Credit Card

Credit cards have become popular among the millennial and urban population. It saves you from carrying cash all the time. Credit cards have also changed the way people look at availing a loan in India. Unlike other loans which require documentation and paperwork, the credit card advance facility is simpler and instant as it doesn’t …

Mistakes are a part of being human. Of course, taking a loan from a Bank / NBFC is not a cakewalk these days. There can be certain mistakes that we do while applying for the Loans from NBFC/ Banks which can be avoided to increase the chances of securing a loan. Correcting the application errors …

Archives

Recent Posts

Tags