A credit score is one of the most reliable financial indicators that can assess an individual’s creditworthiness. The Equifax ePORT portal helps lenders, like NBFCs and banks, access any individual’s credit data. It also provides borrowers’ credit histories. It is an online one-stop portal with vast access to individual credit data. This portal contributes to …
Forms 15G and 15H are self-declarations historically used by eligible resident taxpayers to request non-deduction of tax at source (TDS) on specified income when their estimated tax liability for the year is nil. For bank, co-operative bank and specified post-office interest, the Section 194A TDS threshold was increased from 1 April 2025 to ₹50,000 for non-senior …
Paytm Postpaid is a short-term credit facility on UPI that lets eligible users make merchant payments now and repay later. The current Paytm Postpaid offering is provided in partnership with Suryoday Small Finance Bank and can offer a credit limit of up to ₹60,000, subject to eligibility and the offer shown in the Paytm app. …
One might think getting a credit card for a low CIBIL score is hard. It’s harder, certainly, but it isn’t closed off. Certain issuers will extend credit even when your score is well short of perfect, and the right card can double up as a tool to repair the score itself. First, though, it helps to know where you actually …
You can access your CRIF High Mark free credit report to ensure details of your credit history are accurate. This assures smooth access to credit cards and other forms of credit. Inaccuracies and errors in your credit report can hinder this process. These include: It is best practice to check your credit report occasionally to …
When credit card transactions go wrong, knowing the chargeback meaning and sending a request can help you secure your finances. It plays a vital role in providing security and confidence to you as a cardholder against fraud or incorrect product deliveries from merchants or retailers. You can place a chargeback request in case of receiving …
When you search what is balloon payment, the main thing you want to know is whether it can actually make your loan affordable and if it’s the right choice for you. Simply put, a balloon payment is a loan structure where you pay smaller EMIs during the tenure and a large lump sum at the …
Invoice discounting can help your business get instant working capital. If your business has its cash tied up in unpaid invoices, this facility provides an apt solution. You can use these funds to cover operational costs or maintain a smooth cash flow. You can also choose to invest the acquired funds in assets. To know …
Maintaining cash flow is one of the priorities of any business owner, irrespective of the scale of the enterprise. This is why channel financing is becoming a well-known solution for the unhindered productivity of many businesses. It is an innovative solution that provides working capital to the manufacturer or supplier without adding a burden on …
The Union Government extends collateral-free Prime Minister 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 more about the Mudra loan scheme, including what it entails, its eligibility and the documents required, read on. What is …
