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Although the validity of the Aadhaar card has been questioned by some people, the benefits of the Aadhaar card outweigh the doubts. Aadhaar card did reduce the number of fake accounts greatly, making it a secure way to verify the identity of a borrower.

In a recent development, the Reserve Bank of India (RBI) has introduced credit card linking with UPI. This is a step in the right direction and will be more beneficial for customers in the long run.

Establishing business credit is a big deal, especially if you’re a small business owner. You want to make sure that your business is well-prepared for whatever the future might bring, and one way to do that is to establish your business credit score.

Your credit score can be a blessing or a curse, depending on how you handle your finances. Most people don’t realize how much of an impact their personal habits can have on their score.

Having a low credit score can be a major barrier to your financial future. It can keep you from getting a mortgage, opening a credit card, or even getting a job. But that’s not the only problem. A low credit score can also make it difficult to convince a company to offer you a loan.

Business loans have become the go-to credit instruments in the market. Financing your business is one of the most critical concerns while managing your business. You should never take the credit option lightly for your business. Detailed research is required for anyone to procure the funds quickly and apply them to the business.

A salary advance loan is a personal loan that is available to every salaried person in India. Allocating a part of your salary for emergency funds is crucial in financial planning. But, even after investing wisely, there may be situations where you need to borrow money.

A credit card is known to be one of the best sources to build your credit history and improve your credit scores. The only major requirement for credit cards to be useful and advantageous is the timely payment of dues and the credit utilization ratio.

Paytm, one of the leading digital payment companies in India, partnered with scheduled commercial banks and NBFCs in February 2022 to provide collateral-free instant loans of up to ₹5 Lakhs at low interest rates.

The IDV (Insured declared Value) refers to the amount that you receive from the insurer in case of the total loss of your bike. By total loss, the insurer means that the bike is now in a state that is irreparable or stolen from the owner.

Tokenization is one of the most effective ways to improve the security of your online transactions. When you tokenize your debit cards and credit cards, instead of providing the card details to the merchant, you provide a unique digital identifier instead.

Did you know that your credit score has a big impact on your financial life? A good credit score can help you get approved for a loan, and a poor one can make it impossible for you to get a mortgage. That’s why it’s important to keep track of your credit score.

Users can already use debit cards and bank accounts with their UPI. Soon, they’ll be able to link credit cards too. This will give users better access to credit, which can help them manage their finances and improve their lives. It will also give sellers better ways to reach customers and generate higher profits.

A loan against property provides a considerable amount of funds to the borrower. The reasons for this type of loan are generally setting up a new business, marriage purpose, or education if pursued by children abroad. It is important that you know all the myths and the exact realities of the loan against the property before you decide to take one.

Virtual Payment Address (VPA) is a unique financial identifier that is mapped to your bank account. It helps you to send or receive money in your bank account through Unified Payment Interface (UPI).

SBI, the country’s largest lender, offers Pre-Approved Personal Loan to its users. You can avail this loan by applying through SBI YONO app.

Home loans are a long-term commitment, so you should have full clarity on the terms and conditions of the loan before you apply. This will enable you to better understand whether the loan is right for you, and will help you save time and money when you apply.

Buy Now Pay Later is a great credit facility that offers some much needed relief in times of cash crunch. Anyone can be faced with a financial emergency at any point in life and having an affordable credit option is important.

If you’re looking to check your credit score and download your credit report, you can easily get them online. Most banks and non-banking finance companies (NBFCs) offer free credit reports on their websites. You just need your PAN and mobile number to login and access your report. You can also find many third-party websites that offer to download your credit report on the internet.

Lenders in India use credit scores from either of the 4 credit bureaus - Experian, Equifax, TransUnion CIBIL™, or CRIF Highmark. FICO Score has recently forayed into the Indian lending market, offering lenders with a more comprehensive evaluation of the borrower’s credibility.

Since personal loans can be availed of without submitting any collateral, The banks will impose certain charges. Personal loans are nowadays granted instantly without any tedious paperwork or documentation to be done by the applicant.