Wishfin Blog

Three friends Sachin, Saurav & Mitali met after a long time and started discussing their lives, career and finances. The discussion on finances revolved around investments and mutual funds came up for discussion. Sachin: My friend told me an... Read More

If we talk about GST, this in-direct tax has been levied by the Government on various Goods and Services. And, under the banking sector, a personal loan is one such product on which GST is applicable. The government collects the tax from various... Read More

Yes, you can insure your home loan. Almost all the banks and NBFCs give home loan insurance along with the loan. Some make it mandatory to get a home loan insurance from them but you can check if the lender is giving you the option to get it from... Read More

When it comes to a personal loan balance transfer, it is a process of transferring your existing outstanding personal loan balance from one loan provider to another, offering a lower interest rate. In simple words, now you just have to pay your EMIs... Read More

The credit card industry basically involves four participants - banks, merchant establishments (online and offline stores), payment processing networks such as VISA, Mastercard, and customers. The process starts with the customer making a purchase,... Read More

The Reserve Bank of India (RBI), in its monetary policy held in December 2018, has made an important announcement directing banks to price floating rate loans on the basis of external benchmarks such as the repo rate, 91-day T-Bill Yield, 182-day... Read More

The oldest man on earth, Yisrael Kristal, died recently at the age of 113 in Israel. But an important question is whether we can manage our finances if we live for 100 years or more? It would certainly be a challenge! Human lifespan has improved... Read More

A home loan is given on the basis of your income, age, property value and authorization of both builder and location, and credit score. Since home loans are secured loans, credit score does not have much importance in this case, unlike a personal... Read More

Regular credit cards can’t be used as debit cards. However, a prepaid credit card mimics debit card in a certain way. Prepaid cards, much unlike regular cards, don’t incur interest for the customers. These cards, which are issued by banks and... Read More

You may not be familiar with the term ‘Written Off’ as that’s very typical in itself with its own technicalities. However, you won't do yourself any favour by continuing to be unfamiliar with the term, particularly if you have had an... Read More