I was trying to book a train ticket on the IRCTC website and found the ad for IRCTC HDFC Bank Credit card. In this post, let’s find out more about the card. Benefits, rewards, and caveats. In the past, I have written about IRCTC Bank of Baroda Rupay Credit card. Obviously, IRCTC is a monopoly… Continue Reading
Buying life insurance to cover your home loan is a good idea. For both borrowers and the banks. I recently came across a home loan product from Bank of Baroda, where the bank charges you a higher rate of interest if you don’t purchase a loan (credit) insurance product from the bank. This is a… Continue Reading
You are taking a home loan. You are worried, who will repay the loan if you were not around? The lenders (the banks and NBFCs) are bothered about this too. And this is a genuine problem for every stakeholder. You, your family, and the lender. How will the loan be repaid if the borrower passes… Continue Reading
Struggling with credit card debt? You make small payments on your credit card every month, but the debt just does not seem to go down. Why Does This Happen? Because credit cards are the most expensive debt in the formal finance sector. The interest rate ranges from 36% to 45% p.a. While you may be… Continue Reading
Why do you need a credit card number? I am NOT speaking about the credit card but about the credit card number printed on the card. The merchant clearly does not need it. All the information the merchant needs is encoded in the bar strip which is read by the swipe machine. Don’t need the… Continue Reading
Recently, I found out about SBI Cashback credit card and found its features and benefits quite simple. In this post, let us review the product features and how it fares against two popular cashback credit cards. Amazon Pay ICICI Credit Card and Flipkart Axis Bank Credit card. Major Benefits and Features of SBI Cashback Card… Continue Reading
Bajaj Housing Finance has extended the tenure of its home loan products for new borrowers up to a maximum of 40 years. We are not used to seeing home loans of 40-year tenure. Before this, the maximum I had heard was 30 years. So, that’s a sharp jump. I don’t want to go into specifics… Continue Reading
I come across a new credit card launch every few weeks. I usually do not pay much attention to these new cards. After all, how many credit cards can you own? However, if I come across a co-branded credit card by a merchant/retailer/brand that you extensively use or browse, it is difficult to ignore such… Continue Reading
ICICI Bank has launched an EMI facility for UPI payments under its ICICI PayLater product. With this, you can scan a UPI QR code from the UPI app and purchase using an instant EMI facility. So, you purchase an item worth Rs 15,000 and instantly convert this into 3 EMIs of say Rs 5,200 each.… Continue Reading
We know about ‘Buy Now, Pay Later’ (BNPL). We know about platforms that allow us to pay rent using a credit card. If we combine these two products, a resulting permutation could be ‘Rent Now, Pay Later’ (RNPL). Transfer Rent on credit. And credit comes through a loan and not a credit card. Such a… Continue Reading