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 plan for regular monthly expenses. We call it budgeting. We plan for long term goals through a diversified asset allocation portfolio. However, we tend NOT to plan properly for non-monthly but periodic expenses. Common examples are: Insurance premiums Travel and Vacations Birthdays and Anniversaries Vehicle maintenance Gadget purchases Annual Subscriptions We know that these… Continue Reading
If you use BNPL (Buy Now, Pay Later) service or cards from Slice or Uni Pay, this development will interest you. BNPL has emerged as a competitor to credit cards. Easy onboarding. Seamless and convenient process. Easy repayment terms. Instant credit. Who needs a credit card? However, RBI, in its latest notification to non-bank PPI… Continue Reading
Buy now pay later (BNPL) schemes have become quite popular over the past year. While prominent retailers like Amazon and Flipkart have their own BNPL schemes, there are fintech players such as Simpl and LazyPay that you can use to make purchases across many platforms and merchants. Dhani One Freedom card is yet another Buy… Continue Reading
There is a new credit product in town. UNI Pay 1/3 card allows you to repay the purchase amount in 3 monthly installments at no extra cost. It has been launched in partnership with RBL bank, State Bank of Mauritius and LiquiLoans (P2P-NBFC). For instance, you purchase an item worth Rs 30,000 using this card.… Continue Reading