Posts

Showing posts from 2017

HDFC Bank issues 3 lakh instant credit card

Launched in January this year, InstaCard is delivered to customers within an hour of applying for a credit card in quick and easy steps on net-banking. Private sector lender HDFC Bank has issued 3 lakh instant credit cards within a year of its launch. Launched in January this year, InstaCard is delivered to customers within an hour of applying for a credit card in quick and easy steps on net-banking, HDFC Bank said in a statement. With InstaCard, customers can do online transactions on e-commerce websites immediately on receipt of the InstaCard, it said, adding, the physical card is then delivered to the customers within a few days, it said. Popularly also known as digital credit card, an InstaCard is issued using a combination of credit bureau information, pre-qualification algorithms and checks in the application form, it added.

5 precautions to consider before taking out a personal loan

Personal loans are effective financial solutions to raise some extra funds on an urgent basis. A personal loan can be used for any purpose including renovating your house, paying for a wedding, purchasing business equipment, setting up a new office, clubbing outstanding dues against one loan, capitalising on an investment opportunity or simply taking a long-awaited vacation and so on. Availing personal loan gives people an opportunity to fulfil their financial obligations or achieving their dreams, making them a hugely popular financial solution in the current scenario. Some of its key advantages include: # Easy application process requiring basic KYC documentations # Quick disbursal of funds # Flexible repayment tenure and attractive rate of interest. # Options to make prepayments and close the personal loan before expiry with 4 percent closure charges While the benefits of this scheme are many, the decision to opt for it is a big one. One must acquire proper knowledge ab