Finance Blogs

The Union Government extends collateral-free Mudra loans to help finance micro, small or medium enterprises. This financial aid can help you start, enhance or expand your business based on your goals. To know various Mudra loan details, such as what it entails, its eligibility and the documents required, read on. Guide to Mudra Loans A …

SMS frauds are not something of recent times, but now there are new ways of carrying out such scams. This includes pretending to be a reliable source, such as a bank or any other financial institution. It can cause a threat to your account or profile, which may require you to take immediate action. Other …

Choosing payment gateway vs payment processor options depends on your business size and payment options to the customers. In this digital day and age, you can easily choose from cash, cheque, credit card, debit card or bank transaction options. This allows you to make secure payments with the method you are comfortable with. Since digital …

Air Conditioners (ACs) are essential to stay comfortable during hot weather. Whether shopping online or offline, looking at the AC price list is the first step for many buyers. While reviewing the cost of an electronic item is crucial, comparing their features and efficiency is also necessary to get your money’s worth.  To choose an …

Prepaid expenses play a crucial role in ensuring accurate financial reporting and planning. These represent payments made in advance for goods or services that will be received in the future. Understanding these expenses involves recognising their impact on both balance sheets and income statements.  These allow businesses to enhance their financial transparency and strategic decision-making …

Tracking your EPFO pension status gives you peace of mind as it allows you to know your savings for retirement. Provided by the Employees’ Provident Fund Organisation (EPFO), this pension scheme was launched in 1995 by the Government of India. Since then, it has provided Indians with financial security post-retirement, which makes it a popular …

CASA full form in banking is Current Account Savings Account. It is a type of bank account that some financial institutions offer. As the name suggests, it provides the combined facilities of a current account as well as a savings account. These types of accounts offer an excellent way to increase your savings and build …

A hypothecation loan is a standard option for borrowing money against a valuable asset available in your possession. Backed by collateral, this secured loan allows you to acquire a high-value sum at a comparatively lower interest rate than unsecured loans. With this option, you do not have to hand over the deeds or the rights …

Using a digital wallet has made it simple to transfer funds and make online payments to a majority of merchants. These wallets are simply an extension tool to store funds, so you can make payments without carrying your physical card everywhere.  This not only increases your security but also makes one-tap payment easy. Since everyone …

If you’re planning to purchase a property, knowing about the difference between mortgage and collateral is extremely important. You must’ve heard both of these words in the same sentences often. They’re correlated in terms of purchasing a property but are quite different from each other in terms of meaning and purpose.  When you get a …