Wishfin Blog

Overdraft is a financial product that helps you withdraw money from your savings or current account even if the balance is zero. An overdraft can be sanctioned based on salary accounts or even fixed deposits. The drawing power is, however, limited...

Credit Cards are the last hope for every individual when they ran out of money therefore every individual goes through each and every feature of the credit card before using it. But, there are thousands of credit cards offered by different banks...

A personal loan is a credit facility provided by several lenders to help people overcome the financial crunch. Any individual living in any part of the country could need funds for some point in their lives. A personal loan is an unsecured loan...

The Reserve Bank of India (RBI) while announcing the monetary policy on March 27, 2020, gave much-needed relief to customers by providing them a 3-month moratorium period on all their retail loans. The moratorium, which was ending on May 31, 2020,...

There are many individuals who use more than two credit cards and they are in the dilemma whether moratorium guideline applies to multiple credit cards or not. Well, the RBI’s guideline clearly says that neither your Cibil Score will get affected...

In one of the major announcements made by the Reserve Bank of India (RBI) on March 27, 2020, the central bank directed all banks and financial institutions to provide a three-month moratorium period on all their term loans and other credit...

Recently, after the lockdown and Coronavirus outbreak, the Reserve Bank of India has given certain guidelines to overcome the financial problems of the country. In the latest RBI’s update, it is clearly mentioned that individuals having any kind...

Financial assets are instruments that help you meet your personal and business needs. These assets can be your home, gold life insurance, mutual funds, shares, bonds, fixed deposits, national savings certificate, etc. You can get a loan against any...

Every Individual has a lot of confusion regarding the RBI’s 3 Months Moratorium Update. The RBI’s 3 months moratorium update clearly says that an individual can skip the payment of EMIs and Credit card bills for 3 months and it will not be...

The Coronavirus Outbreak has become a major concern worldwide including India. India is also facing financial issues after lockdown and so the citizens of India. Therefore, the Reserve Bank of India has issued certain guidelines that will help to...