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 …

This guide covers the complete income certificate process where you will know how to apply online, check your income certificate application status and download your certificate from your state portal. The process typically takes 10 to 15 working days.  Need to download your income certificate quickly? You can do it entirely online through your state’s official e-district portal — no …

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 your savings.  And if you’re wondering …

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 …

This guide explains personal loan preclosure – what it means, when it makes sense and how it affects your charges and credit score. You’ll find the RBI disclosure rule on foreclosure charges, a worked interest-saving example and a step-by-step process to close your loan account. A five-minute read covers everything before you close a personal loan early.  Yes, you can close a personal loan early. …

A loan guarantor is a person who agrees to repay a borrower’s loan if the borrower fails to do so. Guarantors help improve loan approval chances, especially for borrowers with low credit scores, insufficient income, or limited credit history.  In this blog, we’ll understand the meaning of a loan guarantor, their role and responsibilities, eligibility requirements, types of guarantors, …