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 […]
Personal Loan for Freshers
Why take a Personal Loan when you have a New Job? Just started a new job but needs extra cash for settling down? A personal loan can help you with the extra cash flow that can help you settle down in a new city. It is difficult for a fresher to acquire a personal loan […]
Credit Card Balance Transfer
A credit card balance transfer can be defined as the transfer of one credit card balance amount to another, this can be seen as a method employed by many lenders (banks) to get customers to use shift to another credit card. The balance transfer is mainly done to enjoy low interest rate and avoid credit card debt […]
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 […]
NBFCs Vs. Banks for Business Loans
Recently, NBFCs have taken a lead in providing business loans. Despite economic up-downs, they have remained the preferred choices for retail lending. And still, due to less stringent terms and procedures these non-bank financial institutions continue to hold a major share in business loan financing. NBFCs don’t accept demand deposits but they can simply lend […]
How to manage an Illiquid Investment?
When an asset or item is liquid it can easily change hands because there is little friction to the trading process and little or no price discovery. Some examples of liquid assets include cash, bit coin, publicly traded stocks, many exchange-traded funds (ETFs), and most municipal and government bonds. On the other hand, illiquid investments […]
7 Invoicing Pitfalls
Generating invoices is the most important part of accounting and GST. It might look easy at first glance but generating incorrect invoices may lead to some bad consequences such as late payments. As a business owner, invoicing may seem like a tedious, straight forward task that doesn’t require your full attention. But, it’s absolutely crucial if you want […]
Top 12 Financial Tips for College Students
If you are on the verge of graduating from college or you have recently graduated, congratulations! For many young adults, college graduation marks a major transition into adulthood and the world of post-graduate employment. It also guides in a new phase of personal finance. Now that you’re in college, it’s likely that you are in […]
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, […]