The Vibe Journal: Finance Blogs

Are you interested in switching bank accounts? All banks offer different kinds of benefits to their customers, which give you the liberty to choose your preferred options. If your current bank is not giving you the services you want, then swap your bank account. Switching to a bank with all the facilities you need can …

When it comes to buying a smart TV, price may be one of the first things on your mind. However, you should also look at audio-visual specifications, size, resolution and more before making a final decision. Upgrading to a smart TV is now a must as all the devices are becoming smart in this digital …

Do you want to transfer car ownership but have an existing car loan. The good news is that you can transfer your car loan as well. A few simple steps will allow you to transfer your loan to the person buying your car. Getting a loan to buy a car is quite common. There may …

Understanding the meaning of token money is vital if you are planning for real estate purchases and others. It enables you to formalise a transaction by transferring a small amount to the seller’s account.  This procedure can be recorded as an agreement in your deal with the seller. While it is not a compulsory process …

Allocation of assets should be one of the most important aspects when you are planning to invest. It simply means how you decide to divide your portfolio among different assets to gain maximum returns. You can choose your investment path based on: If you aspire to be a long-term investor, correctly allocating your assets is …

If you’re thinking of investing in India’s most popular investment option, learning about auto-renewal rules that apply to fixed deposits is vital. Once you’ve invested in an FD, you can withdraw your investment or renew it in two different ways: Auto-renewal saves you from the hassle of remembering the maturity dates and losing out on …

When you open a savings account, you typically need to maintain a specific balance in your account, known as the Monthly Average Balance (MAB). By maintaining this amount, you can avoid MAB charges. Financial institutions require an MAB to manage funds in an effective way and provide various services without added charges.  It is a …

An Equity-linked Savings Scheme is a mutual fund scheme that allows you to enjoy dual benefits – accumulating wealth and enjoying substantial tax deductions. ELSS funds mostly invest in equity (shares and securities) for a 3-year lock-in period. Since the performance of this scheme depends on market movements, it carries a higher risk compared to …

Are you wondering what the full form of VAT Tax is? It stands for value-added tax. It is one of the most crucial forms of tax that is levied on goods. Note that GST has replaced all the indirect tax on goods since 2017. However, there are still goods not covered under the new regime …

Banks with APIs are offering enhanced experience. Many fintech firms appreciate API and the ground-breaking effectiveness it entails. They also have implemented this third-party communication method, which helps in: This one tool is modernising the banking system globally and in India. To understand what is API banking and how it benefits the banking system, read …