In short: Yes, a CIBIL score of 620 can get a ₹1 lakh personal loan in India, though usually not from a big bank. NBFCs
Your Financial Intelligence Quiz : Ready, Get Set and Go! 1.What is the most important aspect of budgeting?a. Estimating your monthly expensesb. Creating a budget
Developing financial intelligence requires a combination of knowledge, skills, and habits. Here are some steps that can help you achieve financial literacy, make informed decisions
In India, capital gains refer to the profit made from the sale of a capital asset such as property, shares, or bonds. There are two
Employee Provident Fund (EPF), Public Provident Fund (PPF), and National Pension System (NPS) are three different investment schemes offered in India for long-term savings and
In short: Yes, a 50-point rise in three months is possible, but only for some reports. It is realistic when your score is held down
Online gaming has taken the world by storm, with millions of people in India and around the globe hooked on various virtual games and activities.
Chandra was a middle-aged married manager in India, leading a comfortable life with his family. However, like most people in India, he never thought much
In short: A poor CIBIL score does more than get loans rejected. When you are approved, you usually pay a higher rate, get a smaller
In both social and professional settings, 80% of those close to you will change. This idea emphasises something we all experience in our lives change
Post Office Fixed Deposit and Post Office Time Deposit are both terms for the same thing (POFD). It is comparable to banks’ fixed deposit (FD)
The primary emotional component of impulse purchase is distress, which is often what causes it. This may involve problems with self-worth, worry, depression, or even
In short: Paying on time is the biggest part of your credit score, but it isn’t the only part. Your score can still fall because
You’ve probably set some long-term financial objectives, as do many folks. These objectives, such as creating or maintaining a six-month emergency fund, retirement nest egg,
In short: Personal loan eligibility comes down to two questions: will a lender approve you, and how much will it lend. Your credit report mostly
In short: Your credit score decides more than whether you get a loan. It shapes the interest rate, the amount, the speed and the terms
In short: A personal loan has no tax benefit of its own. You can claim one only for the interest, and only when the money
In short: A loan NOC (no objection certificate) is a letter from your lender confirming that you have repaid a loan in full and owe
In short: “Chinese loan apps” is the name Indians use for illegal instant-loan apps, many once linked to overseas operators, that lend small amounts for
aving money is an essential part of achieving financial stability and reaching your long-term financial goals. However, determining how much to save out of your
Achieving financial wellness can be challenging, especially in times of high inflation, where the cost of living is increasing at a rate faster than the
In short: Renting a house to someone who lives in it is exempt from GST. Renting commercial property such as a shop or office attracts
On January 26, India will mark its 73rd Republic Day. Three years after gaining independence from the British Raj in 1947, on January 26, 1950,
In short: Good debt is borrowing that pays for itself: it buys something that grows in value or raises your income, at a cost you
Mobile apps have become an increasingly popular tool for managing personal finances and achieving financial wellness. These apps offer a range of features and benefits,
A successful marriage is the result of several factors, including love, respect, and compatibility. If you want to make your marriage financially stronger as the
In short: There is no such thing as a loan you get simply by showing your 10th or 12th marksheet. A “marksheet loan” is a
In short: A bank can freeze, block or put a hold on your account for a handful of reasons: incomplete KYC, a long period of
Learning how to create riches out of nothing could seem like mission impossible, especially if you’ve always thought that affluent individuals either inherit their fortune