The FinTech Hub
Source: Live Mint When you apply for a personal loan, the bank or NBFC considers various factors for loan approval. Some of these include your age, monthly income, credit score, profession, debt-to-income (DTI) ratio, etc. The DTI ratio is an important factor for deciding on loan eligibility, amount, etc. So, what is the DTI ratio,…
Source: Live Mint India’s travel and tourism industry has been doing well in recent years. Regular family vacations have become a common financial goal for many individuals. These include leisure vacations, religious tourism, medical tourism, combining work travel with taking some time off with family, etc. Seeing the demand for travel and tourism, some banks…
Source: Live Mint It sometimes happens that you paid for an online purchase with your credit card, and the product never arrived, or the product arrived but is not as expected. In such a situation, have you faced a scenario wherein the merchant is not cooperating for a refund? You need not worry and can…
Source: Live Mint Credit cards, depending on how you use them, can be a boon or bane. If you use them judiciously and pay the entire monthly bill before or on time, they can give you many benefits. Some of these include a free credit period of up to 50 days, instant discounts, reward points,…
Source: Live Mint For most credit card users, one of the most common use cases is to buy merchandise now and pay for it at a later date, say a month later. Shopping online or offline with the aid of a credit card without having to worry over the price tag is what defines the…
Source: Live Mint HDFC Bank is offering some of its popular credit cards without any annual fee or other charges during the festival season. The offer is valid till December 31 for Swiggy HDFC Bank Credit Card, Tata Neu Plus HDFC Bank Credit Card, Tata Neu Infinity HDFC Bank Credit Card and till October 31…
Source: Live Mint The festive season is a time for celebration, joy, and togetherness. It’s a time to shower loved ones with gifts, decorate your home, and indulge in delicious food. However, it’s also a time when it’s easy to overspend. Therefore, before you go trigger happy with your credit card spends, remember to do…
Source: Live Mint I’ve retired at 60 with a corpus of ₹4.3 crore and my monthly expenses are ₹2 lakh. With a life expectancy of 85, how should I invest to maintain steady income while preserving my corpus? I am considering real estate, high-dividend stocks, and systematic withdrawal plans (SWPs). How can I diversify to…
Source: Live Mint Is it possible to bounce back from the brink of bankruptcy to carve out a strong financial base for oneself? The answer to that question is yes, provided one has access to sound financial advice that can help one tide over losses and pick the right investments that will help build wealth…
Source: Live Mint A structured budget is essential for managing your finances effectively. It not only helps during emergencies but also secures your financial future. While credit cards can be a double-edged sword, when used wisely, they can significantly enhance your budgeting efforts. The key risk lies in impulsive spending, which can lead to debt…
