Blogs.

Borrowing and lending in financial transactions are like two sides of the same coin. For example, Mr. Rajan Katiyar from Delhi required ₹2 lakh to fix his house. He sought the...

Know Your Customer (KYC) guidelines issued by the Reserve Bank of India form the basis of secure and compliant financial transactions in India. These rules ensure that banks and...

Rahul went into the loan process assuming things would move smoothly. He was consistently on time with every EMI, and his credit score was 742. However, his loan...

Rahul wrapped up a freelance project and expected a quick payment. He shared his UPI ID, waited, and then sent a reminder. The client replied late, entered the wrong amount once, and fixed it after another message. The whole exchange took longer than expected.

Amit runs a small wholesale business. Payments come in all day, but not in one simple way. One customer sends money on UPI, while another asks for bank details. Someone else still uses a manual transfer. Amit keeps checking his phone and bank app just to be sure about what he received.

Your credit plays an important role in the approval of your credit applications. It shows a detailed record of your credit history, loan inquiries, and outstanding debts. Loan Inquiries show in your credit report when a lender reviews your credit report to check your creditworthiness. But, if there are multiple inquiries in a short period, it can affect your credit score.

Your credit score shows how likely you are to repay the lender. And achieving a credit score of 850 is considered highly exceptional by lenders. It means you are extremely responsible about repaying the money. But can you actually achieve a credit score of 850?

Ramesh needed funds, but there was no lending option available to him. When he researched his options, he learned about microcredit.

Ravi runs a small grocery store in a busy lane where most customers pay through UPI. He checks his phone after every transaction to confirm the payment. One evening, a customer shows a success screen, but the amount does not appear in his account.