The Vibe Journal: Finance Blogs

The income tax e-payment facility has migrated from OLTAS to the ‘e-pay taxes’ portal on the Income Tax Department website. With this, online tax payment is easier and faster. However, there are some prerequisites you should know to make payments and file returns without hassles. For instance, you have to check your eligibility and the …

The Electronic Clearing Service (ECS) is one of the main drivers of digital transactions in India. This facility allows customers to automate fund transfers from one bank account to another.  To know more about the ECS mechanism in banking, its types, how it works and more, read on.  What is an Electronic Clearing Service?  Here …

The Buy Now, Pay Later (BNPL) facility is becoming increasingly popular as more and more e-commerce platforms, banks and retailers now offer it. Thanks to its easy and quick approval, a large number of borrowers can now access short-term credit instantly.  To better understand what is Buy Now, Pay Later, how it works, its advantages …

A Digital Signature Certificate has become a legal alternative to a wet signature. This comes after the IT Act of 2000, which mandates the use of digital signatures to ascertain the authenticity of electronic forms.  To know more about what is a Digital Signature Certificate, its types and how you can download it, read on.  …

Collateralised loan obligations or CLOs, are an investment option that has the potential for higher returns. They are an alternative to corporate bonds and have a history of stable performance.  Read on to learn what CLOs are, their structure, process and more. What are Collateralised Loan Obligations? Here are some key points about CLOs: Here …

You can now download an income certificate online through a simple process, which reduces the hassle when applying for a government scheme. This certificate is an official statement issued by the state and central governments.  It is an essential proof of eligibility required for various schemes as it confirms your annual income from all sources, …

The reasons for personal loan requirements are many as there are no end-use restrictions on the funding you receive. As such, you can tackle several needs without any hassles or financial strain. Here are the top 8 instances where it can be an ideal option.  When Should Take Out a Personal Loan? Know more about …

When you buy a mobile on EMI, there are several options that you can choose from. Nowadays, mobile phones are not simply used for communication but as a lifestyle choice, with many high-end options available. However, paying for such devices in a lump sum can increase your financial liability.  Therefore, you can opt for a …

Wondering if you can get a personal loan against a cash salary? The answer is yes. While salary slips are a common income-proof document required by most lenders, there are other options through which you can get funding even if you don’t have them.  From applying with a different lender to submitting alternate proof, here …

Getting a personal loan for investing in stock markets, also known as leveraging or gearing, can sometimes be a smart decision, offering excellent benefits. No wonder why most investors use this technique to accumulate sizeable corpus.  Apart from stock markets, wherein the returns depend on market climate, you can invest in traditional avenues like fixed …