What is Midcap Index – Features, Types and Why Should You Invest in 2023?
What is Midcap Index? A midcap index is a stock market index that has companies ranked between 101 and 250 with a ma... Read More »20 Best Index Funds to Invest in India in April 2023
What is an Index Fund? An index fund is a type of mutual fund or exchange-traded fund (ETF) that replicates the perf... Read More »What is a Cash Credit Loan and How to Apply for it?
What is a Cash Credit Loan? Cash credit loan is a type of short-term loan that is provided to businesses by financia... Read More »Instant Cash Loan in 1 Hour Without Documents
Instant Cash Loan in 1 Hour Are you in any emergency cash crisis and in need of an instant cash loan in 1 hour witho... Read More »20 Best Mid Cap Mutual Funds in India to Invest in April 2023
A mid cap mutual fund is a type of mutual fund that invests in the stocks of mid-cap companies. As per SEBI (Securities... Read More »What is an Aadhaar Card Loan and How to Apply?
What is an Aadhaar Card? An aadhaar card loan is a type of instant cash loan that requires the borrower to submit ju... Read More »Index Funds – Meaning, Types, Advantages and Disadvantages in 2023
What is an Index Fund? An index fund is a type of mutual fund that invests in a particular stock market index, such ... Read More »What is Nifty Midcap 50 – Returns and Stock List 2023
What is Nifty Midcap 50? The Nifty 50 Midcap index comprises top 50 Indian companies based on market capitalisation ... Read More »Apply for Student Credit Card – Check Features & Benefits
What is a Student Credit Card? A student credit card is a credit card specifically designed for ... Read More »Letter of Credit – Working, Process to Apply, Types and Examples
What is a Letter of Credit? A letter of credit or credit letter is a bank-issued document that g... Read More »How to Improve CIBIL Score – 11 Smart Ways
If you are planning to apply for a loan, your lender is highly likely to check your CIBIL score bef... Read More »What is Demand Draft – Importance, Features & Types
Despite the fact that online banking or net banking has largely replaced the traditional banking sy... Read More »Accrued Interest – Definition, Example & How to Calculate it?
What is Accrued Interest? Accrued interest is the amount of interest that has accumulated on a l... Read More »Price Skimming – Strategy, Examples, Uses and Benefits
What is Price Skimming? Price skimming is a price determination strategy whereby firms initially... Read More »19 Different Types of Loans Available in India
Loans can be broadly categorised into secured and unsecured loans based on whether they require col... Read More »Current Account Deficit – Formula, Calculation and Working
What is Current Account Deficit (CAD)? A current account deficit is a situation where a country'... Read More »Nostro Account – Charges, Example and How to Open One?
Banks can hold an account in a foreign currency with a foreign bank. Such an account is called a no... Read More »Moratorium Period: Working, Examples and Calculation
What is a Moratorium Period? A Moratorium on loan is a specified period during which the borrowe... Read More »Debt Trap – Meaning, Causes, Indicators and How to Avoid It?
What is a Debt Trap? A debt trap means a trap that occurs when a borrower is compelled to take o... Read More »Difference Between Assessment Year (AY) and Financial Year (FY)
One of the most confusing aspects of the Indian taxation system is the difference between the asses... Read More »7 Types of Income Tax Assessment Under Income Tax Act
Every financial year, as per the Income Tax Act 1961, it is mandatory for individuals who earn ab... Read More »5 Heads of Income Under Income Tax Act
What are the Heads of Income Under the Income Tax Act? For tax computation purposes, the income ... Read More »NACH in Banking (National Automated Clearing House)
National Automated Clearing House (NACH) is a platform created by the National Payments Corporation... Read More »Income Certificate Application – Importance, Documents Required and How to Apply?
What is an Income Certificate? An income certificate is an official document issued by a state g... Read More »What is Bill of Exchange: Definition, Types, Examples and Format
What is a Bill of Exchange? A Bill of Exchange is a written order to pay a specified amount of m... Read More »Section 80EEB: Tax Benefit on Electric Vehicles
What is Section 80EEB of Income Tax Act? Under Section 80EEB of Income Tax Act, you can claim ta... Read More »How to Update Aadhar Card Online and Offline 2023?
The Aadhaar card issued by UIDAI (Unique Identification Authority of India) is an ID card that cont... Read More »Personal Loan on PAN Card – Check Your Eligibility & Apply Now!
Do you need urgent cash to pay for an unexpected expense, a pending bill, or a medical emergency? A... Read More »Different Types of Debit Cards in India
According to a report released by Germany-based consumer and market data research firm Statista, in... Read More »What are Short Term Loans? – Key Features and Benefits
Short Term Loan A short term loan provides urgent assistance for an individual’s financial req... Read More »Interest Rate on NBFC Personal Loan
NBFC Personal Loan Non-Banking Financial Companies (NBFCs) are becoming increasingly popul... Read More »Scheduled Bank – Know Its Types and Functions
Banks play an essential role in a country’s financial ecosystem. These financial institutions ass... Read More »