When faced with a large expense—medical bills, electronics, travel, or home repairs—Indian consumers often weigh two popular options: taking a personal loan or converting credit card spending into EMIs. At …
The debate around public sector banks vs private sector banks in India is not new. Questions such as “Which bank is safer?”, “Which bank earns more profit?”, “Where do more …
An emergency fund is not a luxury—it is a financial safety system. For Indian families, unexpected events such as medical emergencies, job loss, business slowdown, or sudden household expenses can …
Introduction For many Indian borrowers, the term “secured credit card” is misunderstood. Some assume it is a prepaid card, others think it is meant only for people rejected by banks, …
Introduction Getting a credit card in India with a low CIBIL score can be challenging. Many applicants with scores below 700 face repeated rejections, even when they have stable income …
CIBIL score of around 600 places a borrower in a cautious to high-risk category for most Indian banks and NBFCs. While credit may still be available, approvals usually come with …
Introduction When a loan application is submitted, many borrowers believe that approval depends mainly on CIBIL score, income, and EMI eligibility. In reality, these are only surface-level indicators. Behind every …
One of the most common financial mistakes Indian borrowers make is assuming that maximum eligible EMI equals safe EMI. In reality, banks approve loans based on upper risk limits, while …
Borrowers in India often face a common dilemma: Should I take a loan from a bank or from an NBFC? While both offer similar loan products—personal loans, business loans, vehicle …
In India, the term “minimum CIBIL score” is often misunderstood. Many borrowers believe that banks follow a single fixed score cut-off for loan approval. In reality, minimum CIBIL score requirements …