Your ideal savings bank account should offer good interest rates, flexibility in deposit and withdrawal, areasonable minimum balance mandate in the account, personalised services and overall convenience. You chosen bank savings account should also ensure the following: Safety of your money Prompt andexcellent customer service/support Internet Banking Mobile Banking Phone Banking Substantial number of […]
RBL Bank has launched three new credit cards keeping millennials and their spending patterns in mind. These cards are designed keeping specific customers in mind – RBL Bank World Safari credit card for frequent travellers, RBL Bank Popcorn credit card for movie lovers and RBL Bank Monthly Treats credit card for daily spends. Harjeet Toor,…
The Securities and Exchange Board of India (SEBI) has approved the proposal to create a ‘side pocket’ for mutual funds. This feature will be exclusive to debt mutual funds. The following are key details regarding how the “side-pocketing” mechanism works in mutual funds. What is a Side Pocket? A ‘side pocket’ allows managers of debt…
With multiple credit cards, it can be difficult to keep track of your due dates and you might miss the payments. Having all bills due at the same time can also be inconvenient for you. Though in the beginning, you do not get to set your own billing cycle, you can get it changed later by contacting your card issuer. We will talk about how you can change your credit card due date but before that let us understand how credit card billing cycle and due dates work.
The main reason why T&C is so ignored is that we don’t understand it and don’t want to put in the effort to decode a document full of financial jargons. So, here is a guide that will explain important parts of a credit card MITC (Most Important Terms & Conditions) in an easy and understandable manner.
This Diwali saw record sales across various categories as a number of online shopping websites and retail stores offered deals and discounts. Banks and NBFCs also made Diwali shopping easier on our pockets by offering co-branded benefits, direct rebates and no-cost EMI options. Such festive season offers allowed a lot of people to purchase items…
