Personal Loan vs. Credit Card Loan – How Do They Differ?

Personal Loan vs. Credit Card Loan – How Do They Differ?

“What! You can avail a loan using a credit card?” asked Neelam, a CA from Pune, who also spluttered out her coffee at the same time. “Of course” said Sweta, giving her a ‘You-Didn’t-Know-That?’ look. “You can always get a loan via your credit card, but I prefer an online personal loan”. “Why do youRead more about Personal Loan vs. Credit Card Loan – How Do They Differ?[…]

4 Things You Need To Have This IPL – What Makes the IPL So Profitable?

4 Things You Need To Have This IPL – What Makes the IPL So Profitable?

  The month of April does not really hold relevance to us unless it’s our birthday or we celebrate an anniversary or gripped with board exam fever. But, there are actually many of us who await the commencement of April with bated breath. This is because April brings in the cheer, screams, excitement, and allureRead more about 4 Things You Need To Have This IPL – What Makes the IPL So Profitable?[…]

KYC Meaning, Benefits and an Introduction to Its Fellow Siblings

KYC Meaning, Benefits and an Introduction to Its Fellow Siblings

“Kim Yeong Cheol is a South Korean actor who”…Oh! I guess I am on the wrong KYC meaning. My bad guys. I actually wanted to refer to the KYC which has become a by-acronym for all things related to documentation. Any financial product we apply for, we get asked for KYC. For the finance providerRead more about KYC Meaning, Benefits and an Introduction to Its Fellow Siblings[…]

Which are the Payments Bank in India? And How Do They Work?

Which are the Payments Bank in India? And How Do They Work?

Just a couple of days ago, Fino Payments Bank announced its plans to deploy 10,000 mPOS (mobile Point of Sale) devices, which would act as banking points. The device is configured to contain a camera, card reader, printer and fingerprint scanner. This will allow them to perform regular payments bank operations such as opening aRead more about Which are the Payments Bank in India? And How Do They Work?[…]

Is Loan Singh The Best Online Personal Loan Website in India?

Is Loan Singh The Best Online Personal Loan Website in India?

  Times are changing. The recent ‘PNB-Nirav Modi Fraud’ exposed a glaring weakness in India’s banking sector – Poor Risk Management. This, and also the fact that with layers of security measures introduced and implemented by the government, and web alike, your data (whether personal or financial) is safe with a digital lending platform. AnotherRead more about Is Loan Singh The Best Online Personal Loan Website in India?[…]

UPI (United Payments Interface) – Understanding its features and facets

UPI (United Payments Interface) – Understanding its features and facets

Introduction After ‘Amazon’s UPI payment acceptance’, we now have WhatsApp allowing payments via UPI.  The e-commerce major now allows customers to register via a UPI enabled smartphone. Payments can be made on Amazon using the customer’s respective UPI ID. This payment method is available via the Amazon mobile app and for values up to Rs.10,000Read more about UPI (United Payments Interface) – Understanding its features and facets[…]

KYC or ‘Know Your Customer’ – Understanding its Importance

KYC or ‘Know Your Customer’ – Understanding its Importance

Introduction  The purpose and implementation of complete KYC documentation was at its peak during the end of 2017. Banks, agents and even telecom companies put out alerts to their respective customers urging them to become fully KYC compliant. Many salaried individuals had to get this done to comply with RBI’s norms pertaining to KYC. WithRead more about KYC or ‘Know Your Customer’ – Understanding its Importance[…]

Credit Bureau Report – An Easy To Understand Loan Singh Guide

Credit Bureau Report – An Easy To Understand Loan Singh Guide

Introduction It’s been close to 2 years that the Loan Singh Blog started posting 1 article per day. That’s quite efficient considering most finance blogs post an article a week (supposedly). So what can you find in our finance blog? Articles on topics such as Credit Cards, GST, Bitcoin, KYC, Aadhaar, Income Tax (let MarchRead more about Credit Bureau Report – An Easy To Understand Loan Singh Guide[…]

Digital Lending Documentation – Breaking The Offline Shackles

Digital Lending Documentation – Breaking The Offline Shackles

Introduction Taking care of documents is a subconscious habit that goes back centuries. Birth certificate, ration card, house/rent document, curriculum vitae, telephone bill (especially during the days of Beetel), electricity bill and election card. We bet every head of the household possessed a folder or punch file with all the originals. As kids growing up,Read more about Digital Lending Documentation – Breaking The Offline Shackles[…]

Credit Card Security – Loan Singh Discusses Its Importance

Credit Card Security – Loan Singh Discusses Its Importance

Introduction The emphasis on Credit Card security is amplified by all Credit Card issuers. Credit Cards are tangible financial instruments fuels the audacity of thieves or hackers to gain any sensitive information with regards to it. Despite all the advertisements and marketing campaigns surrounding Credit Card security, we take it for granted. Precautionary tips andRead more about Credit Card Security – Loan Singh Discusses Its Importance[…]

Cryptocurrency – Loan Singh Looks At Its Rise In the Last 5 Years

Cryptocurrency – Loan Singh Looks At Its Rise In the Last 5 Years

Introduction We have just stepped into 2018 and there is already a deluge of information and news circulating about Cryptocurrency and Bitcoin. The word Cryptocurrency might sound like an amalgam for ‘Crypto’ and ‘Currency’. Actually, it is exactly so. Cryptocurrency can be called as a Hidden/Secret currency. This is because there is no face toRead more about Cryptocurrency – Loan Singh Looks At Its Rise In the Last 5 Years[…]

Digital Lending – Loan Singh Looks At What’s in Store This 2018

Digital Lending – Loan Singh Looks At What’s in Store This 2018

Introduction The population in India is booming year on year. With more than 800 million mobile phone users spread across the country, the scope for digitalization is simply immense. With an SMS ‘plonk’ you get the intimation of your salary being credited, your bank statement can be easily updated via netbanking, money transfer is nowRead more about Digital Lending – Loan Singh Looks At What’s in Store This 2018[…]

Credit Card Usage Tips and Hacks from Loan Singh

Credit Card Usage Tips and Hacks from Loan Singh

Introduction 2018 brings us new challenges, milestones and resolutions (unless you are still carrying forward some from 2017 or 2016 even). The year gone by also saw a number of financial news take center stage – Bitcoin, UPI, BHIM, Aadhaar, digital payments, Airtel’s Online Store, etc. Credit Cards, although slipped underneath the radar, continue toRead more about Credit Card Usage Tips and Hacks from Loan Singh[…]