The Future of Banking: Open a Zero-balance Bank Account Online in India
Banking is an essential part of our lives, but it can also be a hassle. We often have to deal with long queues, tedious paperwork, hidden charges, and minimum balance requirements. Wouldn’t it be nice if we could open a bank account online, without any of these hassles, and enjoy the benefits of digital banking? […]
Follow These Seven Tips To Avail Unsecured Personal Loan
Unsecured personal loans have lower turnaround time for loan processing and disbursal as compared to secured loan products as banks and non-banking financial companies (NBFCs) do not have to conduct the physical verification/evaluation of any securities/collaterals in case of unsecured personal loans. However, the absence of security/collateral increases the lenders’ credit risk, which leads them […]
Key Advantages of Opting for NBFCs for Personal Loans in India
For decades, banks were the only accessible option for people to obtain a loan. However, with advancements in the fintech industry and the RBI opening up its arms to private lending institutions, several Non-Banking Financial Companies (NBFCs) have entered the market. These organisations are registered under the Companies Act 2013 and are active in loans […]
Three Crucial Factors Affecting Your Personal Loan Approval
Imagine you’re all set to take on the world – from finally moving into your cosy apartment to launching that super cool startup idea you’ve been nurturing. But there’s a minor glitch: your bank account looks glum, and your savings play hide-and-seek. This is where a personal loan comes into play. It could be your […]
Why Should You Explore Bank Nifty Index Funds?
The Nifty Bank Index is composed of a total of 12 stocks, where 10 of them belong to the private sector banking industry, while the remaining 2 are categorized as PSU banks. These stocks collectively represent an estimated 88% of the market capitalization of listed banks. Over the course of the past decade, the Nifty […]
Savings vs. Checking Accounts: Understanding the Difference
Financial literacy is a crucial skill everyone should have, and understanding the nuances of different types of bank accounts is a fundamental part of this skill set. It’s a tale of two accounts, the checking and savings account. Both are common types of bank accounts, but do you know the real difference between them? Banking […]