Why do some credit card users pay more than the bill amount due each month? Many credit card users choose to pay more than the bill amount to avoid issues with their credit limits, especially when they anticipate making large payments in the following month. This practice has been a common strategy among cardholders for…

What is the recent RBI directive for documents release to the borrowers? The recent directive from the RBI instructs banks and financial institutions to promptly return original documents related to both immovable and movable assets within 30 days of a borrower’s full loan repayment. Click on the picture below to Open Demat account with Zerodha…

What is the feature of “UPI Now-Pay Later”? In a traditional UPI transaction, having a sufficient balance in your bank account is a prerequisite. But life is unpredictable, and there may be times when you need to make a payment, and your account balance falls short. This is where UPI Now-Pay Later comes to the…

PF withdrawal for home loan repayment Firstly, assess your home loan interest rate. If it surpasses the interest rate earned on your EPF account, it might make sense to withdraw money from your EPF account to prepay the loan. However, remember that your EPF is a long-term savings plan for your future, so it’s essential…