FAQ

Personal loans are high cost loans courtesy interest rates that can be as high as 25% per annum. The resultant EMIs may come to your budget but interest outgo can still be high enough to bother you. To contain the outflow of interest, you can prepay...

The Reserve Bank of India has already clarified that neither the Cibil Score will get affected nor the extra late payment fees will be imposed if an individual skips the credit card bill payment for 3 months. But the bank will continue charging the...

Doctors have a pretty important place in our society. They take care of people’s health and literally the backbone for the holistic growth of any country. A country with more number of unhealthy citizens can not grow economically or culturally....

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...

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...

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...

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...

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...

A personal loan can be availed by any individual to fulfill their personal needs from banks and financial institutions. But when an individual wants to apply for a personal loan, the most important question in front of him/ her is to choose the...