Ashavmedh Singh

NEFT makes it simple to send money to a family member or pay a vendor without visiting a bank branch. NEFT, operated by the Reserve Bank of India, enables secure money transfers between bank accounts that support it.

With transactions processed in half-hourly batches and availability through both online and offline channels, NEFT offers a convenient and reliable solution for low- to mid-value money transfers. 

Most borrowers know their EMI amount. Very few understand what actually happens to that money every month. One part pays interest. The other reduces the loan. The proportion between the two keeps changing over time.

This changing split is called loan amortisation. It quietly determines how expensive your loan really is. When you understand it, you make smarter repayment and prepayment decisions. When you ignore it, interest continues to eat into your money without you noticing. 

Rahul is an IT professional earning ₹30,000 a month. His salary covers rent, bills, and daily expenses, but at the end of most months, there’s little left. When he started thinking about emergencies, future goals, and life after work, one question kept coming up: Am I really prepared?  

Imagine you are at a roadside tea stall, looking for change to pay. The vendor points to a small QR code kept near the counter. You scan it, tap Pay, and the transaction is completed.

That hassle-free, quick payment you completed is a mobile payment. 

Last week, Neha mentioned something she had almost forgotten about. Her loan EMI went through on time again, without any reminders or follow-ups. The payment happened quietly in the background, exactly as it does every month.

Around the same time, her friend Rohit faced a very different moment. He missed an insurance payment and realised it only after a penalty appeared. The payment slipped his mind completely, even though he uses online banking every day.

Did you know why interest rates change? It usually happens due to two key tools RBI uses- the repo rate and the reverse repo rate. These rates serve as the deciding factor for how much banks lend, how expensive loans become, and how money moves through the economy.

A personal loan isn’t just quick cash; it’s financial breathing space. It is one of the most flexible forms of credit available today. It’s unsecured and easy to get. No collateral, no long queues. Plus, with the rise of digital platforms, applying for a personal loan in India is as easy as ABC!
Most importantly, it is truly multipurpose and versatile. You can use the funds for any of your needs. The personal loan uses vary depending on your needs, whether it’s a hospital bill, a dream wedding, or home repairs. Let’s revisit a few common ones.
 

Quick Loan and Express Loan sound the same, right? Many people even use them interchangeably when talking about fast money solutions. 
But the only thing identical between the two is that they offer swift access to funds. In reality, they differ in how fast they work, the loan amount, and the overall process. We break down what each term really means.
So, hang tight as we go from quick loan definition to differences between quick loan and express loan to when to choose what.
 

Is a loan still getting reflected on your PAN card even after full repayment? Or you haven't applied for one, but it's still reflecting?
This doesn't mean that you still have to make the payment, but it affects your credit score and future loan applications. Lenders might reject your loan or charge higher interest rates.
To avoid this, you should regularly check your loan details on your PAN card. This helps you raise an issue in a timely manner and avoid fraud and errors.
Let's find out how you can check loan details on your PAN card and the steps to keep the details updated.