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Salary delays can occur due to various reasons, including financial difficulties, unfavorable market conditions, or administrative errors by the HR or banking departments. Additionally, it’s important to check if there are any policies or contractual agreements addressing delayed salary payments. In such cases, an employee has the right to issue a demand notice—a formal legal […]
We are living in a generation that likes to have their financial activities taken care of even before they drink their first cup of coffee! And it is only fair. Forget the millennials, why should anyone waste their precious time waiting for a simple approval? Thankfully, NBFCs just solve this problem. In the recent past, NBFCs […]
What Is Repo Rate? The way you take loans from loan apps or banks at an interest rate, a bank does the same, but with the RBI. The rate of interest at which banks borrow money is called “Repo Rate”. This blog is important because timing your financial decisions is important, and understanding how the […]
Have you ever wondered why every time you open a new bank account or buy a new sim card, you’re asked to provide your identity proof? Well, this is to prevent fraudulent activities and ensure that the account or SIM card is being used by the legitimate owner. This is part of the KYC process […]
Stuck in a low-paying job? Credit cards maxed out? Bought those sneakers instead of saving money, again? Nodded to all those questions? If yes, then you’re probably in your 20s & are learning how to handle money. This might feel a little overwhelming but it’s important to know how to smartly take control of your […]
You must have heard of a bank or a credit card company offering a lifetime free credit card. This usually means that they have waived off the “annual fee” charged on it. This is exactly why it is also called a “zero annual fee credit card.” A credit card annual fee is a cost you […]
Having a credit limit is like having a friend who you can always depend on, but for money… Need money for a medical emergency? It’s there for you!Out of cash but want to go on that trip? It’s there for you!Want to enroll in that upskilling course? It’s there for you! With your credit limit […]
The temptation to spend is real. Thanks to credit cards, it has become incredibly convenient to make purchases. Also, their reward programs and promotional offers make it all the more alluring to buy items and indulge in luxuries that we don’t necessarily need. While it may be okay to cross the credit limit once in […]
There is no better time to start building your credit than today. It is the first step towards financial independence. Here are some useful credit score tips for those who are new to finance: Obtain Authorization To Use A Family Member’s Credit You could get permission from your parents or siblings to use their credit. […]
How To Use Your Credit Line Responsibly A credit line that’s always available at your fingertips would make life easy. But to continue enjoying the ease of a credit line, it is necessary to make mindful use of it. Here are some tips to make the best use of your credit line: 1) Pay On […]