If you’re asking “what is ELSS mutual funds” and why many investors choose them for tax savings, here’s a clear explanation: An Equity-Linked Savings Scheme (ELSS) is a type of mutual fund that offers two main advantages—potential wealth creation through equity exposure and tax deductions under Section 80C. ELSS funds predominantly invest in equities (shares … Read more

Beginning your investment journey need not be intimidating. A Systematic Investment Plan (SIP) lets you start with modest amounts—often as little as ₹500 a month—and build wealth steadily over time. SIPs simplify investing by automating contributions, removing the pressure of market timing, and encouraging disciplined saving. Whether your goal is a new phone, a car, … Read more

Identifying and addressing financial fraud promptly is crucial to protecting your money. Scammers use a wide range of tactics to steal funds, so understanding common schemes and warning signs will help you recognize and avoid them. Read on to learn what financial fraud looks like, how to detect it, and what steps to take if … Read more

Blocking your ATM or debit card is an effective way to protect your funds when you suspect fraud, lose your card, or want to prevent unauthorized transactions. It’s a quick, secure option offered by banks so you can limit exposure immediately. If you later determine the card is safe, you can unblock it and regain … Read more

A personal loan gives you access to funds without collateral once your application is approved. But what happens next? How does the money reach your bank account? If you’ve wondered about the loan process, you’re not alone. Many people ask: How long does it take to receive funds after approval? What steps do lenders take … Read more

Air conditioners are essential for staying comfortable during hot weather. Whether you’re shopping online or in-store, checking the AC price list is often the first step. While price matters, comparing features, energy efficiency, and performance ensures you get the best value for your money. To find an air conditioner that provides reliable cooling without excessive … Read more

Two types of fixed deposits offer a secure way to grow your savings: callable and non-callable FDs. When you open a fixed deposit account, it comes with a specified: Interest rate Tenure Your funds are usually locked for the chosen tenure so you earn interest at the agreed rate. Callable FDs provide added liquidity by … Read more

There are moments when unexpected expenses cannot wait. Many people are unprepared for medical emergencies or sudden business needs, such as purchasing equipment or covering payroll. In such situations, accessing cash quickly can be difficult. While a personal loan may seem like an option, approval can take time. Thanks to advances in banking and fintech, … Read more

Looking for the most popular phone in India? With new models arriving frequently, choosing the right phone can be overwhelming. Some devices stand out for advanced features, others for excellent value. Ultimately, the best-selling phones combine performance, battery life, and user experience at prices that suit different budgets. Financing makes it easier to buy top-selling … Read more

Compiled By : Vimal Saboo, Chief Business Officer at Fibe About Vimal: He is a Chartered Accountant with 22 years of experience in banking and credit. At Fibe, he leads development of the Credit Risk Profiling system and oversees Credit Risk, Analytics, Collections, and Operations. Retail consumer lending in India gained momentum between 2000 and … Read more