10 Government Schemes especially for Startups
The Government of India (GoI) and governments of several states have introduced schemes to finance and support startups. The GoI formulates provisions to alleviate the conditions of startups in its financial budget. Government schemes can be availed by startups if they fall under the definition of a startup provided by the GoI. The process of […]
Car Insurance claim rejection reasons
Seeing the first dent or scratch on your car can be heart-breaking, especially if it was caused due to someone else’s fault. But what’s more disappointing is when your car insurance claim is rejected by your car insurance company. Believe it or not, car insurance companies do not like to reject motor insurance claims without […]
How to Dispute Errors in your Credit Report?
Credit bureaus in the country collect individual data and prepare a credit report. They also calculate the credit score using their proprietary algorithm. However, there could be errors in your credit report that can hamper your chances of getting a loan approval. If you identify an error on your credit report, you should start by […]
Aadhaar Frauds
Aadhaar is one of the most powerful instruments in India today. UIDAI has generated 1.21 billion Aadhaar cards till date and has covered more than 95% of the Indian population. With the scale of information stored in the database of UIDAI, it has become the most substantial treasure. However, the Aadhaar Act prevents any organisation […]
Buy Now Pay Later (BNPL)
‘Buy Now, Pay Later’ (BNPL) offers seem to be the flavour of the season as many e-commerce, banks and retailers have lined up such schemes for the upcoming festive season. A large number of borrowers can now enjoy the short-term credit offered through BNPL even without a credit history. The BNPL payment scheme is the […]
Guide for Millennials Investments on Real Estate Sector
Real Estate Investment should be a reality for many millennials. Most millennials was happy living in a ‘rented space’ in the pre-pandemic era. But things took a turn, post COVID. Now millennials are on a lookout to buy a home to fulfill their needs. Real estate investment and Millennial has been a topic of discussion for […]
Can I get a Loan with a Credit Score of 600?
Personal loans are one of the easiest loans to acquire. They are unsecured loans, which mean one does not need to offer collateral. They can be used for a multitude of purposes. There is minimal documentation involved and a relatively shorter processing time as well. However, one of the most important considerations when applying for […]
What Is Bill Discounting?
It is a trade-related activity in which a company’s unpaid invoices which are due to be paid at a future date are sold to a financier. In bill discounting, the business trades the company’s unpaid invoices to gain access to short-term financial assistance and maintain the working capital. It is mostly pertinent in cases when […]
e-NACH and e-Mandate
e-NACH and e-Mandate National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporate and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, […]
Simple ways for Teenagers to make Money in India
Being a student, one really has the zeal and passion to grow up, work a job, and earn money online in India. They are extremely excited to map their futures and experience work-life. But, they are left wondering, “How to make money online in India for students”. If you are one of these, who are looking for […]