Blog

Shailesh, 26, earns Rs 80,000 per month and saves almost half of the salary. He owns an International Gold debit card and two credit cards. When it comes to purchase, Shailesh prefers to swipe credit cards instead of the debit card. One day, his eyes fell on a mobile phone and he took instant liking [...]

After receiving a credit card statement, the first thought that comes to our mind is what charges we are going to pay this time. We have anticipated a certain amount due on the card, but the statement tells a different story. There is a huge difference between the amount we have expected and the one [...]

It is easy and convenient for an individual to take multiple credit cards from a single bank. And then there are other benefits too. Your longstanding relationship with the bank fetches you some rewards, and there is also familiarity with the dealings and ease of payments. But not everything is positive about this arrangement.
Rajiv, a [...]

Loan borrowers have been witnessing a lot of offers pouring in from all sides. The credit crunch and its aftermath have led to a situation where several banks are reducing their interest rates for the customers. At the same time, many banks are also trying to attract more customers by making some special offers. These [...]

Home loan space has become increasingly competitive lately. What with SBI and ICICI Bank decreasing their home loan rates; and HDFC and ICICI Bank increasing the prepayment penalty from 2 to 3 per cent and 2.25 per cent respectively. What does this mean to you? Let’s understand the impact of prepayment penalty through an illustration. [...]