Article

It is not very clear when credit cards became a necessity to lead a normal life. But the footprint left by credit card in our daily lives is quite evident. Credit cards are one of the most preferred payment modes anywhere in the world. Though digital payments have now captured considerable market share, credit cards still rule.

In the simplest of terms, debt consolidation is the process of converting multiple debt obligations into one single loan amount with benefits like lower interest rates, flexible payment period etc.

Have you ever found yourself in a financial dilemma where you needed money immediately but no means to get that? There is one relatively-less-popular solution that you can fall back on in such cases - you can take a personal loan on your credit card to meet emergency cash needs. 

Every parent wishes to gather a certain amount of corpus for safeguarding their child’s future. Be it education, marriage, or for various career needs, early financial planning can go a long way in ensuring that the required amount of money is available for your child at various stages in life.

Term insurance is the simplest and most basic life insurance plan. It focuses on offering the nominee the sum assured in case of the policyholder’s death. To be eligible for the death benefits offered under the plan, the policyholder has to pay the premiums on time. 

A personal loan comes with many benefits and can prove to be a stress-relief in case of financial emergencies. If you have already sourced one and are now faced with a sudden large expense need like a marriage, you have two options:

The need for health insurance is more relevant than ever before. There’s a huge increase in the prevalence of lifestyle diseases and not to underestimate the associated medical costs. Rising medical costs can burn a hole in anyone’s pocket if not for health insurance.

Business loans are essential for any business operations especially if it is ready to expand or has many market opportunities available to explore. While availing a business loan may sometimes be tricky, especially if it’s a new business, there are many ways in which it can be easily sought.

A major illness could have a devastating impact on the patient and his/her family. It often translates into significant medical expenses and may leave the family struggling with daily finances.

A lot of people take on multiple loans to fund their requirements. This can lead to debt accumulation over time. Some of the debt may be good such as a home loan or a car loan since these are secured loans.

Life insurance policies are essentially meant to cover the risk of early death. These act as financial support or income replacement tools. Despite this, one could face various uncertain and sudden risks in life and in such situations, even a term insurance plan could be of limited use.

Vaid, a software engineer, the only breadwinner of his family met with an accident on his way back home from office. He suffered multiple injuries and lost his ability to walk in the accident.

An insurance claim is a challenging process for many as it involves dealing with the grief of the loss of a loved one or a medical emergency, as well as going through the hassle of umpteen paperwork which has to be submitted physically.

Are you considering debt settlement for repayment of your dues? Ever heard of debt settlement where you pay a one-time sum to be freed of your debts? Does that sound too good to be true?

Securing a child’s future is the topmost priority of every parent. However, this is not an easy task as most people focus on building a strong financial cushion to safeguard their child while struggling to have enough funds when needed.

Remember the first time you got a credit card? It would possibly have been one of the most financially liberating experiences for sure! The small pleasure of purchasing things you always wanted or buying subscriptions which otherwise seemed overpriced.

Life insurance is a must in today’s world not just for you but your entire family. We can never know what life has in store for us, and if life throws a curveball at us, we need a Plan B to take care of our family, when we are no longer around.

Investment planning is not alien to Indians. When it comes to thriftiness and future planning, no one can beat Indians. Also, saving for a rainy day is imbibed in Indian culture for centuries.

A financial need can sometimes push buyers to borrow loans that are easily available from banks and financial institutions. While this is good for the lender, it is not often positive for borrowers.

Have you ever wondered why banks announce that they’re writing off bad debt? After all, isn’t that it a loss for the bank that they are unable to recover the costs? Continue reading to understand what is a write off and why banks do it.

The Covid-19 pandemic saw various relief measures being approved by the RBI to ease the financial burdens of individual borrowers. These measures were then implemented by banks and other financial institutions to reach each and every eligible borrower.