The Vibe Journal: Finance Blogs

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 …

An income certificate is an official document that shows your annual income from all sources. It is needed for government schemes, subsidies, reservations and fee concessions. You can now easily download income certificate online in just a few minutes through your state’s portal. It is issued by authorised officers like the tehsildar or collector. Keep …

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 …

Buying a high-end smartphone doesn’t always mean paying the full amount upfront. With EMI options, you can split the cost into smaller payments. This makes it easier to fit into your budget. Whether it’s the latest flagship or a feature-packed mid-range phone, EMI for mobile phones makes it affordable. And it helps you avoid straining …

If you receive your salary in cash, you might wonder whether you can still get a personal loan. The good news is yes, you can! Getting a personal loan against cash salary is absolutely possible with the right documents and approach. Many lenders now accept alternate income proofs like bank statements, ITR, employer certificates, or …

Offering a fake loan approval letter is a common tactic scammers use to entrap innocent people. Using a fake approval letter, lenders extend a lucrative and enticing loan offer, which can lead to huge financial loss if you accept it. Thankfully, identifying such attempts by fraudsters is not difficult if you know what signs to …

When you take a loan, three things decide how much you’ll repay in total — the loan principal amount, the interest rate, and how long you take to repay it. That’s why it’s super important to understand how these factors affect your loan and monthly budget.  By calculating the interest in advance, you can see …

Are you wondering how to close a personal loan early and save money on interest? The preclosure of a personal loan (also called foreclosure of personal loan) lets you repay your entire outstanding loan amount before the end of the tenure. This not only reduces your interest outgo but also helps you become debt-free sooner.  …

When applying for a loan, one common question borrowers have is: ‘Can I still get approval if my credit score is low or my income is insufficient?’ This is where a loan guarantor plays an important role. A guarantor increases your chances of getting loan approval because lenders feel more secure about repayment.   If your …