The FinTech Hub
Source: Live Mint Before getting a personal loan, various factors such as credit history, banks, income, and employment type, among many other factors, may determine interest on your loan. These factors are directly related to the borrowers and lenders. However, there are certain factors beyond the control of a borrower and a lender that may…
Source: Live Mint Many customers look at the claims settlement ratio or rely on anecdotal claims stories from acquaintances. However, the claims settlement ratio alone does not give a complete picture. Other data points, especially the claims paid ratio in terms of amount, hold the key. “Claims settlement ratios in isolation can present a skewed…
Source: Live Mint EPFO has extended the deadline for UAN activation and seeding bank accounts with Aadhaar for availing the benefits under ELI scheme till Dec 15. Earlier the deadline was Nov 30. In the latest circular dated December 4, Employees Provident Fund Organisation has issued directions to all employers that the earlier circular stands modified….
Source: Live Mint Risk is a constant in our lives. Some say the constant is change, but don’t these two go hand in hand? Some people are better at handling risk than others, but human psychology often prevents us from perceiving risks correctly. We sometimes become paralysed – like the proverbial deer in the headlights…
Source: Live Mint Planning a dream vacation, but are financial constraints delaying it? You can still go ahead with your trip, which you have been eagerly waiting for a long-time, as banks and financial institutions offer loans specifically for the purpose. A travel loan is just another form of personal loan. But it comes with…
Source: Live Mint One of the most commonly used forms of borrowing is a personal loan. It is mostly preferred by borrowers who want instant access to funds without providing collateral. However, many other features of a personal loan make it very attractive among borrowers. What is a personal loan? A personal loan is an…
Source: Live Mint If you are looking for a credit card, be mindful that there is one category of cards which you may consider, especially if you are a shopaholic. We are referring to co-branded credit cards. What, one would wonder, are co-branded credit cards? These are specialised credit cards that are issued through a partnership…
Source: Live Mint Canara Bank FD rates: Canara Bank’s fixed deposit (under ₹3 crore) rates were revised on December 1, 2024. The new bank FD rate ranges from 4% to 7.4% for the general public on different tenures. The return percentage for callable FDs can be as high as 7.9 for senior citizens. Those looking…
Source: Live Mint Personal loans are one of the quick sources of funds that cater to a variety of purposes such as debt consolidation, house repairs, and even sudden medical bills. Still, there are risks involved, which should be evaluated carefully like any other financial tool. In order to help you in making smart financial…
Source: Live Mint It could be so exciting to plan the dream vacation; however, the thrill of travel is sometimes accompanied by the steep cost. The attractiveness of the personal loan to fund the vacation might seem like a no-brainer for many; hence, one must evaluate the pros and cons of taking such a decision….
