The FinTech Hub
Source: Live Mint India’s markets regulator has set a minimum investment threshold of ₹10 lakh for investing in specialised investment funds (SIF), a new asset class that allows mutual funds to offer advanced investment strategies to investors. Accredited investors, however, are exempt from this requirement, as per the Securities and Exchange Board of India’s framework…
Source: Live Mint Credit card offers and rewards seem very tempting for many card users. These offers attract many people to opt for credit cards as a mode of payment. However, using a credit card is not limited to offers and benefits, the fine print will exactly determine the impact of card usage. The fine…
Source: Live Mint RBL Bank has revised its fixed deposit interest rates with effect from Dec 15. Now the interest rates range between 4 to 8.5 percent per annum. The highest interest rate of 8 percent is offered on the deposits of 500-day tenure to general citizens, and 8.5 percent to senior citizens. The bank…
Source: Live Mint Similarly, for opening a dematerialised (demat) and share trading accounts or for investing in mutual funds, a copy of your Aadhaar card must be scanned and uploaded as address proof and the PAN card as identity proof in the e-KYC window. It’s said that we live in a digital era where everything…
Source: Live Mint Personal loans are a popular choice for people looking for quick cash to cover their finances or if they are facing any sudden emergency. These loans offer quick loan disbursement as well as provide a simple application process. Since these loans are unsecured, your credit score and income becomes one of the…
Source: Live Mint Entertainment credit cards are a popular choice for people who are movie buffs and want to earn rewards on movie tickets and live shows. These credit cards provide exclusive offers which include complimentary movie tickets, special discounts on dining reservations, cashbacks and many more. Let us have a look at some of…
Source: Live Mint Credit score can help you get low interest rates on personal loans and is one of the major criteria of your application approval. Personal loans are unsecured and do not require collateral. Hence, your income and credit score plays a major role in determining your credit worthiness as well as getting you…
Source: Live Mint If you are a frequent traveller to the destinations in India or abroad, it is quite useful if you hold a credit card that offers a hotel loyalty programme to its customers. A credit card hotel loyalty program is a feature offered by certain credit cards that are co-branded with specific hotel…
Source: Live Mint If you are falling short of money and urgently need funds to meet your deficit then one of the most feasible options that you can explore is to seek a personal loan. Personal loan can be raised for a number of reasons which include a wedding, for a vacation, to buy a luxury…
Source: Live Mint Delhi Chief Minister Atishi recently announced the Mukhyamantri Mahila Samman Yojana that will provide financial aid for women. The scheme aims to provide monthly financial assistance of ₹1,000 to women above 18 years of age. The registration for the scheme will begin in the next seven to 10 days as the state…
