The FinTech Hub
Source: Live Mint If you have started using a credit card, you must be aware that there are quite a few options to claim cashbacks and rewards. It is, meanwhile, vital to note that one can maximise credit card cashbacks and rewards by being a little more proactive and smarter. For instance, if you leverage…
Source: Live Mint Borrowers can seek a personal loan from any of the main loan providers which include banks, non-banking financial companies, digital lending platforms, among others. Typically, one tends to seek a loan from a bank, but if the bank turns down the application, one can approach an NBFC or digital lending app. These are the five…
Source: Live Mint The calendar year 2025 has begun and the financial year 2025 is set to end in three months. However, taxpayers can still invest in a slew of tax-saving schemes that enable them to claim tax exemptions for fiscal 2024-25. So, it is vital to note that the investment must be made in…
Source: Live Mint Employees’ Pension Scheme (EPS) subscribers can access pension from any bank branch in India from today, January 1, 2025. Although the change in rule was announced in a statement on September 4 last year, it took effect today. This is the outcome of the introduction of the Centralised Pension Payments System (CPPS),…
Source: Live Mint In 1980, Central Bank of India launched the first credit card in India, while Andhra Bank rolled out a VISA-branded credit card a year later. So, credit cards have clearly been around us for a long time now. And why not? They enable users to buy merchandise on credit so that we…
Source: Live Mint If you are planning to raise a personal loan, you must have already decided the amount that you need. This would naturally be based on your requirement. Meanwhile, the rate of interest at which the loan is disbursed is determined by the bank based on your credit score, among other factors. What…
Source: Live Mint The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via third party applications. This is seen as a commendable move which will give a massive boost to the digital payment ecosystem in India. In order to understand this, let us first understand…
Source: Live Mint Income Tax (I-T) department released a statement recently saying that the taxpayers must e-verify their return as soon as they can. This is because an income tax return (ITR) is not considered valid unless it has been verified. The tax department’s message pointed out that taxpayers can still e-verify your IT return…
Source: Live Mint Before you invest in a mutual fund, it is natural to evaluate its past returns and compare the same with its peers in the same category. Although past returns do not guarantee a scheme’s future returns, they give an indication of a mutual fund scheme’s growth potential. Besides the absolute returns, investors…
Source: Live Mint How to become rich: Anyone can become rich; all it takes is knowing how to increase your wealth and be consistent. You can see your wealth increase over time by making wise investments, managing your money well, and consistently reinvesting your money. Developing wise financial practices as we move into 2025 might…
