Mistakes to Avoid While Investing In ELSS
Equity-linked savings schemes (ELSS) are tax-saving financial instruments and offer tax benefits under section 80C of the Income Tax (IT) Act. Such funds invest a majority of the corpus in equities to deliver capital appreciation. ELSS is one of the most popular instruments for saving on taxes. With its impeccable track record of beating inflation […]
Credit Builder Loan India
A credit builder loan is a specialized loan that is designed to cater to the need of anyone who is looking at improving their low credit score or build up a credit profile. A credit-builder loan is designed to help people who have little or no credit history build credit. A good score makes approval […]
What Is a Credit Builder Loan?
Quick check: Found a lender name on your CIBIL report that you don’t recognise? See what to do about an unknown lender on your CIBIL report, or look it up in our directory of RBI-registered lenders. For example, see our pages on Fincfriends and True Credits. Credit Builder Program A credit builder loan is a […]
How to Write a Cheque Safely in India (2026 Guide)
Step-by-step guide to writing a safe cheque in India in 2026: crossing, amount in words, Positive Pay, CTS rules on alterations and faster clearing.
Things to know about Bank Cheque
Cheques are the backbone of the banking industry and are still a very important negotiable instrument in the country. Reserve Bank of India (RBI) report says India’s cheque volumes declined only by 10.8% between 2012 and 2017, though the apex bank does expect the volumes to go down drastically by 2021. While traders and small […]
Cheque Truncation System
Cheque Truncation System or CTS is the cheque clearance system introduced by RBI to fasten up the clearing of cheques. In this system, instead of producing the physical cheques to the payee bank, just the electronic image of the cheque along with the MICR code and other cheque credentials are transmitted to the drawee bank […]
Cheque Bounce Notice
Quick check: Getting recovery calls from a loan app? Know what RBI says recovery agents cannot do, and check the lender behind the app in our loan app directory. For example, see MoneyTap / Freo and Chinmay. What is Dishonor/Cheque Bounce? A Dishonored Cheque is cheque that the bank on which is drawn declines to […]
Doctor Loan in India: Eligibility, Documents and Costs (2026)
Doctor loans in India explained: uses, eligibility, documents, a ₹20 lakh clinic EMI example, government-backed options and how to compare offers on APR.
Ways to Repay Student Loans
Paying off loans requires proper planning. If not thought about properly it becomes an unnecessary burden which hampers the future and destroys credit ratings. Here are few things to be kept in mind during repayments which make the process more effective Quick check: Juggling several app loans? Read how to get out of multiple loan […]
Will Defaulting Education Loan Affect Credit Score?
Non-repayment of education loan can now affect one’s credit score, a top official of Credit Information Bureau (India) Ltd (CIBIL) has said. The data released by CIBIL throws significant light on education loan trends in the country. While the demand for educational loan is need based, the number of new loan accounts opened in calendar […]