What shapes your personal loan EMI? Your monthly EMI on a personal loan is not a one-number fact — it’s the result of several moving parts. The main factors are the loan amount, the interest rate, the tenure (how long you take to repay), your credit score, and any additional fees charged by the lender. … Read more
Income Tax Refunds: Where Things Stand The Income Tax Department has processed a large number of refunds this season, but some taxpayers are still waiting. If your refund is delayed, you may be eligible for interest at 6% per annum. However, interest is not automatic in every situation. Why refunds get delayed Verification or scrutiny … Read more
Six factors that help get your personal loan approved faster Waiting on a personal loan decision can be stressful. Lenders look for signs that you’re low risk and ready to repay. Focus on a few practical moves to speed up approval without compromising your finances. 1. Improve your credit score Your credit score is often … Read more
Why “Credit Limit Extension” Messages Are Risky Fraudsters increasingly use fake offers of credit limit increases to lure people into sharing sensitive information. The message usually promises a quick benefit — a higher limit, better terms, or instant approval — but the goal is to get account details, one-time passwords, or login credentials. Once shared, … Read more
Small rate cut, big choices A 0.25% reduction in lending rates may seem trivial at first glance. The real benefit for borrowers depends on what they do next: reduce the EMI for immediate relief, or keep the EMI unchanged and cut the loan tenure to maximise interest savings. One route eases monthly cash flow; the … Read more
Fixing credit report errors through disputes A credit report dispute is a formal way to challenge inaccurate information on your credit file. When errors are corrected, your credit score and access to fair lending improve. The dispute process also encourages people to check their reports regularly and catch problems early. Why disputes matter Protect your … Read more
Income Tax Department clarifies purpose of recent communications The Income Tax Department has clarified that recent messages and notices sent to taxpayers are intended to help them voluntarily correct any mistakes in their income tax filings. The aim is to make it easier for individuals and businesses to fix errors before they become bigger compliance … Read more
Make your credit card work for your vacation A credit card can make travel easier and cheaper when used smartly. From earning rewards to unlocking travel perks and converting big bills into easy EMIs, a little planning goes a long way. Here are practical tips to plan a smooth, cost‑effective trip using your card while … Read more
New rules that lower expense and brokerage caps, require clearer disclosures, and simplify compliance give investors a much clearer view of what they pay — and how much they could save. The changes are designed to cut hidden costs, make fee information easier to read, and reduce paperwork that has nothing to do with protecting … Read more
An automobile engineer recently lost ₹4.37 lakh after responding to an online loan offer. The case shows how quickly digital lending can turn risky when borrowers encounter fake apps, phishing links or unscrupulous agents posing as legitimate lenders. How the scam typically works Fraudsters place attractive loan offers on social media or messaging apps. Victims … Read more