Sahil Arora

Articles By Sahil Arora

21 Articles

Should you have multiple credit cards? Here is what you need to know

Despite increased penetration of credit cards among the Indian consumers, a sizeable section still fears credit cards as a means for stepping into a debt trap.

credit card, multiple credit cards, credit card charges, Should you have multiple credit cards, credit card interest rate, multiple credit cards good or bad, pros and cons of credit cards News

Selecting debt fund? Six factors to consider

The steep fall in FD rates may soon motivate low-risk investors and those looking to park their short-term surpluses to look towards alternative avenues such as debt mutual funds.

The first step towards selecting the right debt fund is to find out your risk appetite and time horizon of your financial goals. (Illustration: SHYAM Kumar Prasad) News

National Pension System vs Mutual Funds: Which is the best investment option for building a sufficient retirement corpus?

Looking for the best investment option for retirement? Here is a look at how NPS and mutual funds fare against each other for retirement planning.

NPS vs Mutual Funds, NPS, mutual fund, MF, national pension system, best investment option, retirement, best investment option for retirement, ELSS, NPS All Citizen’s Model News

5 best investment options to attain your short-term financial goals

Short-term investments of up to 3 years need greater emphasis on capital protection than generating higher returns.

best investment options, best investment option in India, short-term financial goals, bank FD, fixed deposits, debt funds, Company Fixed Deposit, RD, High Yield Savings Account News

6 factors to consider before applying for a car loan

If you too are planning to avail a car loan, consider these six factors to land yourself with a good deal.

car loan, car loan interest rate, car loan calculator, car loan eligibility, LTV ratio, EMI affordability, processing fee, credit report News

Want to upgrade your credit card? Here is a checklist to choose the right one

Upgrading your credit card is an obvious step to take when your income goes up. Here is a checklist which can help you upgrade to better a credit card.

credit card, credit card upgrade, credit card payment, credit card upgrade ICICI, credit card upgrade SBI, HDFC, credit card offers, credit card fees, credit score News

Forex Cards Vs Credit Cards: Which one to choose for hassle-free travelling?

More and more people these days are opting for credit cards to avail the benefits they offer. However, how do they compare with forex cards while travelling abroad?

credit card, cancellation of credit card, close credit card, credit card dues, Discount offers, deals, cash back, reward points , loans News

Auto Loan: 5 steps to take right after paying your car loan’s last EMI

While the joy of repaying the last EMI of your car loan is completely understandable, it’s important for the borrowers to take the following steps to avoid facing any issues later on.

car loan, car loan emi calculator, auto loan, auto loan payment, car loan interest rates, car loan EMI, NOC, car loan account statement News

5 ways to benefit from the use of credit cards

Credit cards come with a host of benefits. Here are 5 reasons why you shouldn’t shy away from using credit cards.

credit card, credit card offers, credit card status, credit card interest rate, credit score, pre-approved loan News

Should you close your old salary account after a job switch? Find out

While it is better to close your old salary account after a job switch, there may be situations where carrying on with your existing salary account would make more sense.

Money News

Unable to pay off your credit card debt? Follow these 5 tips

As credit cardholders start defaulting on their bill repayments, their outstanding balances start growing at a rapid pace. Here are 5 ways to pull out of the burgeoning credit card debt.

credit card, credit card debt, credit card debt trap, credit card payment, credit card interest rate, credit card debt consolidation, balance transfer credit card, outstanding dues, Credit card balance transfer News

Credit cards: Know these ways to reduce your credit utilisation ratio

Lower credit utilisation ratio indicates responsible behaviour with credit, and that you don’t depend on it heavily. This, in turn, has a positive impact on your credit score.

credit utilisation ratio , credit cards News

Want hassle-free car loan? Check these 5 easy steps

Buying our own car is an aspiration many of us are able to meet quite early in our professional lives, due to the availability of numerous vehicles within various price ranges, and easy loans on offer to finance them.

car loan, auto loan, how to get car loan, how to get car loan approved, car loan interest rates, credit score News

Here’s why switching to a senior citizen savings account makes more sense

If you happen to be over 55 years and are still using your old regular savings account, you may be missing out on special features and benefits that can only be availed with senior citizen savings bank account.

senior citizen, senior citizen savings, senior citizen savings account, regular savings account, personal finance News

How banks decide whom to give a credit card

Those who fail to get a credit card due to eligibility issues can opt for secured credit cards, with fixed deposit in the bank offered as collateral.

Money News

Going abroad? Here’s why you should use your credit cards wisely

One must remember that the implications of using your credit card abroad is different from that while transacting in India. There are particular charges that are levied on all international transactions.

Money News

Here is what you can do if you are unable to get a credit card

Credit cards not only save us from the hassle of carrying cash, they also reduce our cost of transactions by offering cashbacks, discounts and reward points on card transactions.

how to get credit card, what to do when get rejected for credit card, what is secured credit card, credit card on fd, credit card on fixed deposite News

5 credit cards myths debunked: From not good for financial health o improving credit score, here is how to get it right

As closing your credit card would reduce your total available credit limit, it might increase your credit utilisation ratio. This in turn will reduce your credit score.

credit cards, credit cards myths, credit score, credit cards no exeption, credit cards misconception, credit cards fearing News

Should you use a credit card? Here are 5 reason why the answer is yes

Credit cards have many advantages over other modes of payments. Although undisciplined swiping of a credit card can land you in a debt trap, its smart usage has several financial benefits.

Should you use a credit card? Here are 5 reason why the answer is yes

How to choose the right credit card: 6 power points to note

Opt for a credit card whose benefits in the form of cashbacks, discounts, reward points and lifestyle programmes outweigh the various mandatory fees associated with it.

India News

All you need to know about your dormant & inactive savings account

If your current/savings account does not witness any transaction over a period of 12 months, it gets classified as inactive account. Thereafter, if such account continues to remain inactive for another 12 months, it is reclas

Banking & Finance News
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