The Vibe Journal: Finance Blogs

CIF full form is Customer Identification File, which refers to a unique identification value assigned by banks to all their customers. Using a CIF ID, banks can access your account and personal details. This enables financial institutions to keep track of your account information.  It is an 11-digit number that helps banking institutions cater to …

NBFC, meaning a Non-Banking Financial Company is a type of institution that you can rely on for financial services, such as taking a loan, booking a fixed deposit or more. In India, there are many NBFCs, over 9,000 in number as of October 2022, who have changed the financial landscape for the better.  How? NBFCs …

Diwali holidays are the most fun and relaxing break that many look forward to. It is a significant festival across India, which usually rolls around in October-November.  In 2024, it falls on the last day of October and around the weekend, allowing you to plan a grand celebration. However, grand celebrations often translate into grand …

You can finance a TV with a personal loan without any hassles and ensure you get the model you want. With the evolution of modern television sets, you now get smart TVs, offering not just an Ultra HD or 4K watching experience, but also interacting with you with Internet and Web 2.0 connectivity.  Modern TVs …

You can get a loan for a laptop, which has become an indispensable item for students and professionals. As such, you may be looking for one loaded with the latest features and specs. The best models come with a higher price tag, which can burn a hole in your savings.  Thankfully, with customised loans, you …

Ganesh Chaturthi is a popular and highly anticipated festival for many across India. The festival celebrates the birth of Lord Ganesha and has significant religious and cultural importance. It is also known as: People across India, especially in states like Maharashtra, Gujarat, Odisha, Uttar Pradesh, and Karnataka, celebrate the festival with tremendous enthusiasm. You can …

When you borrow from a lender, your Loan Account Number (LAN) acts as an identifier for you as a customer. This alphanumeric code corresponds to your loan account to help you track your loan details on the lender’s web platform.  When you get a loan, you must repay on time to service your obligation and …

Navigating the complexities of financial planning often begins with using the EMI calculator in Excel for personal loans to understand your monthly obligations. Its robust computational capabilities perform these calculations with precision.  Leveraging Excel’s formulas and functions also allows you to gain deeper insights into loan structures and repayment schedules. Most lenders offer online personal loan EMI …

By booking an FD with the latest ICICI Bank fixed deposit rates, you can earn lucrative returns. Based on the chosen tenure and FD type, these rates change, and you can decide on the best terms to meet your goals. Some key features of booking a deposit with this issuer: Read on to learn the …

Kotak Mahindra Bank, one of India’s fastest-growing banks, offers fixed deposit schemes where you can start investing with just ₹5,000. You can get attractive interest rates on these FDs depending on certain factors, such as:  So, read on to know the latest rates and more. Kotak Mahindra Bank FD Rates for Deposits Less Than ₹2 …