Top 5 Credit Cards in India: As a credit card holder, you can enjoy various benefits, such as cashback on everyday purchases, exclusive travel perks, and lounge access. Banks compete to offer the best features and benefits on credit cards. Let’s take a closer look at the top 5 credit cards available in India till … Read more
IDBI Bank, one of the leading private sector banks in the country, has recently announced an increase in interest rates on domestic fixed deposits below Rs 3 crore, effective August 15, 2024. The bank currently offers interest rates ranging from 3.00% to 7.35% for general customers and 3.50% to 7.85% for senior citizens on deposits … Read more
On World Senior Citizens Day, let’s explore some investment options that offer financial security to senior citizens. These investment schemes can provide a steady income during retirement, ensuring a smooth financial life for seniors. If you have senior citizens, consider investing in one of these four schemes in their name. Senior Citizen Bank Deposits: Most … Read more
Many banks have revised the interest rates charged on home loans. This increase will increase the interest paid on home loans. Thus, your EMI will increase. Check here for details of major banks’ home loan interest rates. If you are considering buying a home and wondering where to get a home loan, compare the interest … Read more
Gold loans are considered a safer option than most other types of loans. Gold in jewelry or coins can be used as collateral to obtain a loan. Most banks offer gold loans and are not dependent on credit scores. This makes them a viable option when needing a large sum of money. However, it’s important … Read more
ICICI Bank, a prominent private sector bank, has announced an increase in its fixed deposit interest rates. The revised rates will apply to retail term deposits up to Rs 3 crore. After the revision, regular citizens can earn a maximum interest rate of 7.25%, while senior citizens will receive up to 7.80%. The updated rates … Read more
Banks often introduce new schemes by offering higher interest rates to attract more deposits. This week, two leading banks have introduced new fixed deposit schemes with a maximum interest rate of 8.85%. If someone deposits Rs. 1 lakh in this scheme, the amount after maturity can be calculated. Many banks revised their fixed deposit interest … Read more
The Walmart-owned Flipkart Group recently launched a new ” Super Money payment app.” This app will offer attractive deals to customers who make transactions using it. Flipkart split from Phone Pe, another payment app, in December 2022. “Super Money” allows customers to make payments using the Unified Payments Interface (UPI) and receive cashback. The Flipkart … Read more
Banks consider CIBIL scores when approving loans. This score measures an individual’s creditworthiness based on their loan repayment history, credit card payments, and other financial obligations. A higher CIBIL score indicates better chances of loan approval. CIBIL scores range from 300 to 900. Those with scores above 750 have a 79% chance of getting a … Read more
Credit cards have become a necessity in today’s world. However, they’re leading many people into debt. People seem to be allowing credit cards to be used instead of using them responsibly. Credit cards often come to mind when people want to purchase, even for small items. They may opt for instalment payments without considering whether … Read more