7 Top Questions Answered about credit card

 

An effective mode of payment, credit card adds ease to all lives. If used responsibly, credit cards are indeed a blessing. You're actually better off paying with a credit card than a debit card and keeping cash purchases to a minimum if you can utilise the cards properly, contrary to popular assumption.  

Q] What is the difference between a credit card and a debit card?

A credit card allows you to borrow money from a credit card business in exchange for agreeing to pay a percentage of your outstanding debt in interest at the end of each billing cycle. A debit card withdraws funds straight from a linked bank account. Credit card usage that is done responsibly might help you create a positive credit history. Debit cards, in general, are unable to do so.

Q] What are the advantages of a credit card?

Credit cards also aid in the improvement of your credit score (CIBIL score). When we don't have the funds available right away, it can also be a valuable tool for purchasing large-ticket items like televisions, vacation packages, and jewellery. Having another payment method in your back pocket has its benefits. For starters, you'll have a safety net in case you run into a budget problem soon. You may just open your wallet and charge it to your card if you're short on cash and your automobile requires new brakes.

Q] How does a credit card help with my credit score?

You'll need a credit score if you wish to borrow money because it's based on your financial activity history. These ratings are influenced by your credit card history. Using your credit card responsibly is good to your financial health on multiple levels. To begin, you can increase your credit score by using credit responsibly, which means spending less than 40% of your credit limit and paying your bills on time and in full.

Q] What is the eligibility criteria for a credit card?

You must meet certain eligibility standards in order for your credit card application to be approved. Different parameters may apply to each bank or lender or card. Your application may be refused if you do not meet the bank or lender’s requirements. Your credit score may suffer as a result of this. The common parameters for acceptance is age, stable income source and your credit history.

Q] Can I manage my credit card with my mobile?

Yes, you can manage your credit card with a mobile app. Credit card lender such as Bajaj Finserv have a mobile app to help keep track of your credit card spends. With the Bajaj Finserv app, you can easily pay all your credit card dues.

Q] Is shopping online easier with a credit card?

More purchase protection, as well as additional warranties and benefits, are frequently available when shopping online with a credit card rather than a debit card. Although not all credit cards are made equal, many of the best ones include features like purchase protection, extended warranties, return guarantees and rewards programmes.

Read Also - Things to keep in mind before applying for a Credit Card

Q] How do I redeem reward points on my credit card?

Some programmes have no expiration dates, so you can earn and redeem prizes whenever you choose. Others offer annual programmes with "use it or lose it" stipulations that require you to redeem prizes within a specified time frame or they will be forfeited. Check your Credit Card Agreement to see whether and when your benefits may expire.

Q] Can I pay my monthly bills with a credit card?

Yes, you can easily pay your monthly bills with your credit card app. With apps like Bajaj Finserv, you can pay all your bills, simply from the payment gateway, choose credit card and enter your details. You can also save your card details for hassle-free checkout.

 

How you can reduce & pay your Bills

 

One of the simplest methods to save money on a monthly basis is to cut back or bundle your cable and internet services. Stop paying for channels or internet connection speeds you don't need; instead, look around for the best offer or use a bargaining bot like Trim to cut your costs. Downgrade from premium to basic cable bill payment, or think about cutting the cord entirely. One of the most difficult aspects of personal finance is figuring out how to spend less money, and one of the most effective methods to do it is to reduce your monthly bill payments. Even though some of our regular bill payments may appear little in and of themselves, their cumulative effect can be massive - and a significant strain on our resources.

• ·         Contact several lending institutions if you believe you could be eligible to refinance your mortgage at a reduced rate. Locking in a lower interest rate can save you money over the course of the loan, as well as reduce your monthly payment and enhance your monthly cash flow.
• ·         Determine whether it makes sense to consolidate all or some of your student loans if they have a high interest rate. While most federal loans now have fixed rates, if you can find a decent loan consolidation programme, you may be able to save on bill payments every month.
• ·         If you have a significant credit card amount, contact your credit card company and ask for a rate decrease. They may be prepared to compromise if you pay your account on time every month. If they refuse, request a 0% balance transfer to a card with a lower interest rate.
• ·         Indians spend a lot of money on energy bill payments, thanks to scorching summers, freezing winters, and all the gadgets we plug in; in fact, the average household spends approximately ₹2,000 per year on bill payments. Fortunately, technological advancements have provided us with a few viable options for increasing energy efficiency and lowering that figure.
• ·       If your home's lightbulbs haven't been updated in a while, consider converting to CFLs or, better yet, LEDs. These bulbs are approximately four times more energy efficient than incandescent bulbs and have a long lifespan. One piece of advice: when comparing bulbs, use the lumens number rather than the comparable wattages. The quantity of light emitted by the bulb is measured in lumens.
• ·         If they looked hard enough, most people could find a cheaper method to watch their favourite shows. You might be able to reduce from premium to basic cable, or possibly get rid of your cable bill entirely (we finally did). Cutting the cable and watching less TV can help you save money on your online electricity bill payment while also exposing you to less advertising that encourage you to buy things.
• ·         Make a large batch of whatever you're cooking at home so you can freeze some for later meals and, even better, take some leftovers to work for lunch. Some people dislike leftovers, but there are a few tricks to making them taste as excellent as the original.

How to make bill payments from home?

Read Also - What are credit card cashback rewards?

You can easily choose to pay all your bills with the trusted Bajaj Finserv app. Apps give you the flexibility to pay all your bills with various payment means like UPI, digital wallet, net banking, credit card and debit card. You can easily pay all your bills anywhere and anytime. No more crowding outside stores or shops to process your payments. Its all done with a single tap. Especially post the pandemic, when online payments are encouraged, it is better to opt for such apps to make your bill payment.

 

5 Ways to Pay Utility Bill Smartly with Ease and Convenience

Once upon a time, paying electricity bills on time used to be a challenge, especially for working professionals. To pay electricity bills, telephone bills, and other bills, one had to go to the local office and wait in line. And keeping up with the due date was often difficult, resulting in a penalty or additional charges. You can complete a number of chores without ever leaving your house or going anywhere else –– office, café, hotel, or even while traveling. All you need is a device (a laptop or smartphone) and a high-speed internet connection. There has been a paradigm shift in the way individuals deal in the last several years, particularly since demonetization.

Today, online payment systems/platforms are accessible for a range of utilities, including landline bills, mobile bills, piped gas bills, electricity bills, DTH recharge, data card recharge, toll payments, credit card bills, and so on. Apps like Bajaj Finserv app aid in the easy and quick payments of your utility bills. Here are a few methods from which you can do Utility Bill Payment

1.       UPI

The National Payments Corporation of India (NPCI) established the Unified Payment Interface (UPI) last year, which has been a boon and has brought a dramatic change in the way transactions are conducted. Because UPI is based on the Immediate Payment Service (IMPS) infrastructure, it is available 24 hours a day, seven days a week. UPI apps are now available from a large number of banks.

2.       Mobile digital wallets

A mobile wallet is a device that allows you to carry cash in a digital form. You can use your mobile device to attach your credit card or debit card information to a mobile wallet application, or you can transfer money to a mobile wallet online. Your smartphone can now act as a wallet if you have a good mobile wallet. Because the notion has been broadly embraced across points of sale and services, you won't need to carry wads of cash. Many mobile wallets have integrated utility billers, online shopping, and travel booking, among other features that may be accessed at any time and from any location.

3.       Net banking

All Savings and Current account holders will find Internet banking to be a simple way to bank––anytime, anyplace. You don't need to establish a new account here. You can make an online payment to your biller by simply logging into your internet banking account. A user-friendly dashboard is available from many banks, which offers a slew of benefits. It not only lets you to pay bills, transact, and invest, but it also gives you more control over your own resources. After you've paid your bills online, you may keep track of your spending and make adjustments as needed.

Read Also - How to pay your medical bills online

4.       Credit card

Credit cards, like debit cards, can be used to pay for utility bills. When you use your credit card, you can earn reward points (which can be used to purchase certain items) and take advantage of interesting cash-back/discount offers, which can help you save money.

5.       Debit card

Your debit card, which is linked to your savings account, can be used to pay your utility bills as well. It's simple to use and may be used on multiple biller sites. You don't need to carry wads of cash to pay your power bills on a monthly basis. It is a simpler alternative, especially when you have the available balance in your savings account.

All of the above-mentioned payment modes, are available on the mobile app of Bajaj Finserv app. The app is available on both android and iOS devices. Payments with mobile apps add both convenience and speed to your daily life.

Why covid the financial crisis a good time to get a personal loan?

 

Many people have had their salaries cut in the recent year as a result of poor business performance, which has been exacerbated by the global coronavirus outbreak. Transitioning to a lower pay scale can be a difficult process. Borrowing as a way out, even to meet the most basic of requirements, is only logical in such a situation. People have been contacted by lenders offering personal loans. If you're in a similar situation, you might find it comforting to know that you can get a personal loan accepted quickly if you're in a pinch. If you have an excellent credit score and have been a good borrower, the loan will be easier to obtain. Should you take out a personal loan to bridge the gap in your budget caused by layoffs? Is now a good time to take out a personal loan because of the present financial crisis?

So how can a Personal loan help you?

• ·         Taking out a personal loan makes sense in most cases when it is the least expensive type of credit and is used for something that has the potential to improve your financial situation, such as debt consolidation or home improvement, so that your budget is not put under strain.
• ·         A personal loan for discretionary needs, such as a trip, on the other hand, can be costly and unneeded. Even in a crisis, a personal loan to pay bills such as rent, utilities, or medical bills is a pricey choice that should be considered only after all other options have been exhausted, such as loans from friends and family, crowd-funding, and so on.
• ·         When you are dealing with medical emergencies, and you are short of cash, a personal loan can come in handy. You can use the personal loan to pay for hospital and medical bills.
• ·         Borrowers with a solid credit score and history are more likely to get approved for the loan. However, as a result of the financial crisis, several lenders have raised their income and credit score criteria, making it more difficult for borrowers to qualify for a loan or secure a low interest rate.
• ·         As a result of the foregoing, it is now more vital than ever to shop around for a loan. NBFCs are more likely than banks to offer loans with more flexible terms. If you have a good credit history, check with your bank to see if you can get a better loan approval, as well as reduced rates and other benefits. If you have a friend or family member who is ready to co-sign a personal loan, including them on the application will help you get approved or get a better interest rate.

Make a list of the attributes that are most important to you while deciding between lenders. Think about how much it will cost and when you'll need the money. You could use pre-qualified offers to see what rate and terms you'll get, while some may specialise in quick finance. Make a list of the attributes that are most important to you while deciding between lenders. Think about how much it will cost and when you'll need the money. You could use pre-qualified offers to see what rate and terms you'll get, while some may specialise in quick finance.

Read Also - Benefits Of Personal Financial Planning

Apps like Bajaj Finserv offer an instant personal loan of up to ₹25 lakhs to help you with medical emergencies. With an easy to apply mobile process, you can get your personal loan in a few easy steps with minimal documentation and quick disbursal. You can easily apply for a personal loan in a few easy steps with the mobile app.

The process to apply for Bajaj Finserv EMI Network Card

 

With the advent of online bill payments, there have been many new inclusions to simplify the process. One of the inclusions is an EMI card. Imagine purchasing electronics, home appliances, clothing all at easy no-cost EMIs. It gives you the power to purchase for electronics and more and pay for it later in a flexible repayment tenure.

The Bajaj Finserv EMI Card allows you to use a digital credit line to get a pre-approved loan up to Rs. 4 lakh. You can utilise the card's credit line to make no-cost EMI purchases from 60,000+ partner businesses, including home appliances, groceries, and even gym subscriptions. The Bajaj Finserv EMI Network Card is a credit line provided through a card that allows you to pay for goods and services in instalments. The card functions as a pre-approved credit line that may be used at a variety of partner stores. No, the Bajaj Finserv EMI Card is not a credit card; rather, it is a card that offers a pre-approved line of credit. With minimum documentation and no cost EMI, you can use the loan amount on the card to buy a selection of electric products from 60,000+ partner businesses. Most products can be purchased with the Bajaj Finserv EMI Card at "No Cost EMIs," meaning you will pay no interest at all. Some items, on the other hand, may have a nominal interest rate attached to them.

The Bajaj Finserv EMI Card is a one-of-a-kind network card that works as a pre-approved loan, allowing you to break down the cost of your appliance or gadget purchase into simple, no-interest EMIs. This EMI card's adaptability enables you to swiftly and simply conduct secure online transactions. As part of the Bajaj Finserv EMI ne, you may shop from a variety of offline partner stores of the Bajaj Finserv EMI Store.

The Bajaj Finserv EMI Network Card's validity is stated on the card itself. You can also check the validity of your card via the Bajaj Finserv app or contact customer service for more information.

 Some of the benefits of EMI card include,

• ·         With the EMI Network card, you get a pre-approved loan of Rs. 4 lakh that you may use at 60,000+ partner retailers in over 1,300 cities.
• ·         Amazon, Flipkart, MakeMyTrip, Paytm, Samsung, and other major e-commerce platforms accept the card.
• ·         With the EMI Network Card, you can purchase select products from Bajaj Finserv's partner retailers for no cost EMI, i.e., you won't have to pay any interest to convert your purchases to EMIs.
• ·         The card has a variable repayment period that ranges from three months to two years.
• ·         Only the essential KYC documents are required. If you already have an EMI Network Card, you don't need to present any documents when you buy something.
• ·         The Bajaj Finserv app is included with the EMI Network card. As a result, you won't have to carry the card with you all the time. Alternatively, you can use the wallet mobile app to make payments.
• ·         If you foreclose your loan account after paying the first EMI, Bajaj Finserv will not charge you any fees.

How to apply for the EMI card?

• ·         You can apply for the EMI card with the Bajaj Finserv mobile app. You just have to register with your 10-digit mobile number in the app, and go to the offers section. Or you can click on the EMI card above and proceed to application. Once you are done with registration , your card will get activated for online shopping.
• ·         Visit a Bajaj Finserv EMI Network partner store in your area. To find the nearest store, go to the Bajaj Finserv website and use the store locator. Select the item you wish to purchase. Choose in-store financing by contacting a store representative. Choose in-store financing by contacting a store representative.

How to save money on Utility Bills

Several objects that rely solely on electricity are all around us. Every machine that makes your life easier runs on electricity: the air conditioner, the fan, the television, the refrigerator, the microwave, the mixer, the grinder, the washing machine, and so on. Because of our reliance on electricity, electricity bills account for a significant portion of our monthly utility bills payment.

Because electricity use is continuous and we frequently fail to limit it, exorbitantly expensive electricity bills might place a strain on your monthly budget. Any unexpected increase in a bill can put your budget out of whack. As a result, it is critical that you maintain track of your electricity usage and, as a result, your monthly costs.

How can you save money on your electricity bills?

There are two advantages to attempting to lower your electricity expenditures. One, it saves you money, and two, it is good for the environment because power generation is a costly task that necessitates a lot of resources. Reduced electricity usage can also aid in the conservation of our natural resources. Here are some ideas to help you save money on your electricity bill –

1) Non-conventional energy sources —

 Our primary energy needs are met by conventional energy sources such as coal, petroleum, natural gas, and nuclear power. Because these energy sources are finite and will soon be depleted, it is critical for humanity to transition to non-conventional energy sources such as solar energy, tidal energy, and hydroelectricity. These sources are more reliable and futuristic because they are abundant and limitless in nature.

2) Solar Energy Harvesting –

The sun is the most potent source of limitless energy on the planet. The only difficult aspect is to put in place infrastructure that can harness solar energy, such as solar panels. India is a tropical country with over six months of uninterrupted sunlight per year. If this energy can be collected and stored for future use, it will significantly lessen our reliance on electricity generated from conventional sources. As a result, solar energy can help you save a lot of money on your electricity bills.

Read Also - How to pay Utility bills using credit card

3) Efficient Lighting –

One of the numerous strategies to assist minimize your electricity bill is to use energy-efficient light bulbs and tubes. LED lights, which use less electricity and are more energy-efficient, can help you save a lot of money on your energy costs. Below are some other suggestions that may be beneficial –

• •         Turning off lights when not in use
• •         Cleaning light bulbs and tubes on a regular basis to remove dust that causes the bulbs and tubes to reflect less light.
• •         You can experiment with motion sensors, dimmers, and other devices.
• •         Whenever possible, use reading lights or table lamps so that you only consume the amount of electricity that is actually required rather than lighting up the entire room.

4) Air conditioners –

To save money on electricity, set your air conditioner to 25 degrees Celsius.

• •         As a low-cost alternative to air conditioning, you can utilize wall fans or coolers.
• •         Planting greenery around your home might help to keep it cool naturally and enhance airflow.
• •         If the room is air-conditioned, try to keep the doors closed.

5) TVs/PCs –

It goes without saying that you should turn off TVs and computers while they are not in use.

To save money on energy, put them in sleep mode.

6) Refrigerator –

• •         Avoid opening the fridge door frequently
• •         Do not place hot or warm food immediately inside the fridge Allow time for it to cool before putting it inside.
• •         Make sure there's enough space between the fridge and the wall behind it for adequate ventilation.

Mobile Payment app: A safe way to pay bills online

  

A service that allows you to manage and pay bills electronically is known as online bill pay. You can easily initiate bill payments from the comfort of your home with the mobile app. These can be monthly costs, such as electric bills, auto payments, or credit card payments, or one-time payments to businesses or individuals. Recurring payments to a biller are also possible with online bill pay systems.

The most common method of payment for online bills is a bank account, however, some bill pay sites also accept credit cards. On the bill pay website, you can see all of your bills and transactions, and many bill pay services also include a mobile app. With a mobile payment app, you can choose to pay all your bills with a credit or debit card, net banking, UPI, digital wallet. Mobile payment apps like Bajaj Finserv enable easy payments of all your mobile bills including your electricity, mobile, DTH recharge, broadband, water, and gas bills.

When you choose the right bill payment service, online bill payment is safe. An online bill pay service sponsored by a bank or a company or a lending institute that offers online banking services is usually safe and dependable. For example, online bill payment is far safer than presenting a credit card to a waiter at a restaurant.

To keep your information safe, online bill payment systems encrypt it and use multistep identity verification and password security. A person who handles your credit card during a restaurant transaction, on the other hand, can readily duplicate your credit card account information and use it to make unlawful transactions.

Benefits of bill payments with mobile payment app:

• ·        Mobile phones are always handy, they're becoming an extension of all daily duties, and mobile payment service providers make it simple to pay with them. Customers' requirements are already being met by ordering food and shopping online. So there is no need to carry about their bulky wallet if mobile payment app can help them pay their bills.
• ·         Customers can pay using any method they like or are familiar with while using mobile payments. Debit and credit cards, online banking, mobile wallets, UPI, and other payment methods are available through mobile payment service providers.
• ·         The checkout procedure and the payment gateway is sped up when using mobile payments. It eliminates the necessity for searching for cash or standing in long lines. Customers may simply place an order, pay using mobile payment, and receive their order.
• ·         Customers may shop anything they want, whenever they want, thanks to the internet and online shopping websites. Customers can also pay for their purchases whenever and wherever they choose with mobile payments. There's no need to go to the store, look for cash, or worse, run out of cash.
• ·         The first payment option can be saved as the default in mobile payments (card or bank). Customers can pay whenever they want because the default payment option is always available. Keeping track of daily costs is a critical chore for every one of us. Many of us make use of expenditure management software. Many mobile payment service providers include a management or finance tracking feature in their app.
• ·         Special deals and offers are frequently used by mobile payment providers to attract and target users. Messages or pop-ups incorporated inside the mobile payment application deliver these promotions and offers.
• ·         Mobile payments are quick and allow for completely digital financial transactions. Customers will undoubtedly choose mobile payments due to all of these advantages. As a result of this circumstance, retailers and enterprises must begin taking digital payments.
• 
  

Apps like Bajaj Finserv, offer an easy and hassle-free gateway to faster processing of all your bills. You can easily process all your bill payments including your mobile and DTH recharge, electricity bill, water and gas bill, and more easily. The Bajaj Finserv app also offers the flexibility to pay all your bills anywhere and anytime.

5 Features Of Mobile Bill payments

In order to compensate for the utilities that we use, we must make many monthly bill payments. These are recurrent monthly payments that are not discretionary because they cover necessary utilities that are an inextricable element of our existence. We have to pay bills for a variety of utilities, including electricity bill payment, water, LPG, and broadband.

There are various advantages to using your phone to pay your bills. The following is a list of them:

• ·         Convenient
• ·         Secure transactions
• ·         Online tracking
• ·         Reminders for payments
• ·         Cashback

1. Convenient –

What makes paying your electricity bill online so simple? The ability to pay it whenever and wherever you want, rather than needing to wait in line as in the past. Electricity bill payment apps on the internet are a highly easy way to pay your monthly payments online. As we are all obliged to carry out day-to-day tasks indoors as a result of the epidemic, this form of bill paying comes in handy and is really useful.

2. Safe and Secure Payments - 

Online bill payment apps are entirely safe and secure payment methods. People may be skeptical of the online form of bill payment due to a lack of technical knowledge. But, in truth, it is the safest and most convenient way to pay for your utilities, such as your energy or water payment. If you are facing any issues with your bill payments, you can obtain help from virtual assistants or contact customer support immediately on the app platform.

3. Online Tracking –

Another significant benefit of online power bill payment apps is that you can conveniently manage all aspects of your bill payments online. It entirely eliminates all paperwork and makes life easier for you. In just a few clicks, you can view, download, and share payment receipts online, as well as trace your transaction history.

Read Also - Pay electricity bills with mobile app

4. Payment Reminders - 

You may have forgotten to pay some utility bills before the due date on several occasions. Online electrical bill payment apps will notify you of forthcoming bill payments, allowing you to avoid late fees by paying your bills on time. If you don't pay on time, some billers may charge you late fees. This can cause your budget to become unbalanced as the money accumulates. You must be very strict with your monthly bill payments if you need to stay within your budget.

5. Cashback - 

This may be the most compelling reason to pay your power bills online. Imagine earning money back for paying your bills! You have the chance to win redeemable coupons that can be used to shop at the bill payment app's partner brands. This advantage saves you money and makes paying your bills a little more fun!

 

 

 

Ways to Lower Your Electricity bill in 2021

Several electrically powered objects can be found all around us. The air conditioner, the fan, the television, the refrigerator, the microwave, the mixer, the grinder, the washing machine, and so on all use energy to make your life easier. Electricity bills account for a large number of our monthly utility bills due to our reliance on electricity.

Exorbitantly costly electricity bills may put a strain on your monthly budget because electricity use is continuous, and we usually fail to regulate it. Any unanticipated rise in a bill can throw your budget off. As a result, keeping track of your electricity usage and, as a result, your monthly bills is vital.

Some Apps From which you can pay and track Electricity bill Payment-

Apps from which you can make Electricity bill Payment

• Bajaj Finserv
• Paytm
• Google Pay

What are some ways to save money on your electric bills?

There are two benefits to aiming to reduce your electricity costs. It saves you money and is beneficial for the environment because power generation is a costly operation that uses a lot of resources. Reduced electricity consumption can also help to preserve our natural resources. Here are some suggestions for lowering your electricity bill –

1) Non-conventional energy sources – Conventional energy sources such as coal, petroleum, natural gas, and nuclear power meet our primary energy needs. Because traditional energy sources are finite and will soon be depleted, humanity must migrate to non-conventional energy sources such as solar, tidal, and hydroelectricity. Because they are abundant and boundless in nature, these sources are more dependable and futuristic.

2) Making use of Solar Energy - The sun is the planet's most powerful source of infinite energy. The only challenging part is putting in place solar-energy-harnessing infrastructure, such as solar panels. India is a tropical country with almost six months of year-round sunshine. If this energy can be captured and stored for later use, we will be able to reduce our reliance on electricity generated from traditional sources dramatically. As a result, solar energy has the potential to save you a significant amount of money on your electricity costs.

3) Energy-Efficient Lighting — Using energy-efficient light bulbs and tubes is one of the many techniques for lowering your electricity expenditure. LED lights, which are more energy-efficient and require less electricity, can help you save a lot of money on your energy bills. Other ideas that might be useful are listed below –

• ·         When lights aren't in use, turn them off.
• ·         Ensure that light bulbs and tubes are cleaned on a regular basis to remove dust that causes them to reflect less light.
• ·         Motion sensors, dimmers, and other devices can be used to save power.
• ·         Instead of lighting up the entire room, use reading lights or table lamps whenever feasible to utilise only the amount of electricity that is truly required.

Read Also - Types Of Utility Bills Payments With Mobile App

4) Air conditioners –

• ·         Set your air conditioner to 25 degrees Celsius to save money on electricity.
• ·         You can use wall fans or coolers as a low-cost alternative to air conditioning.
• ·         Planting plants around your home might assist to naturally cool it and improve airflow.
• ·         If the room is air-conditioned, close the doors as much as possible.

5) Televisions and computers –

It goes without saying that you should turn off televisions and computers when they are not in use. Put them in sleep mode to save money on energy.

6) Refrigerators –

• ·         Avoid opening the fridge door frequently, and don't put hot or warm food in the fridge right away. Allow for cooling time before bringing it inside.
• ·         Make sure there's enough space between the refrigerator and the wall behind it to allow for proper ventilation.

What is the eligibility for the Bajaj Finserv EMI Card?

 

Since the global pandemic, online purchasing has increased at an exponential rate. We have no choice but to carry out the majority of our daily chores indoors because we are all confined to our homes and our mobility is constrained.

When you shop online, you can use a variety of payment methods. You can pay using a credit card, debit card, UPI, net banking, or an EMI card, among other options. The Bajaj Finserv EMI card is one such tool that enables you to pay EMI online and shop more conveniently.

Advantages of the Bajaj Finserv EMI card

The Bajaj EMI Card comes with a number of features that might let you buy for big-ticket items on low-interest EMIs. The following are some of the advantages of the Bajaj EMI card -

No Cost EMI purchases – Using the Bajaj Finserv EMI card, purchase the newest home appliances, gadgets, and smartphones at no cost EMI from the Bajaj EMI store or partner stores.

Flexible EMI repayment - With the Bajaj Finserv EMI card, you can pay your EMIs over a longer period of time. The durations typically range from three to twenty-four months.

Quick online application - The Bajaj Finserv app makes it very simple to apply for an EMI card from Bajaj Finserv. The entire application process is completed online and is completely hassle-free. As a result, you can get your card right away.

Minimum documentation - The Bajaj EMI card does not require a large number of documents. The EMI card can be obtained with just your basic KYC requirements.

Special advantages and offers — With the Bajaj Finserv EMI card, you may take advantage of special offers and discounts at partner stores.

Pre-approved loan — You can acquire the largest amount of pre-approved loan using the Bajaj Finserv EMI card based on your profile.

Eligibility Criteria for Bajaj Finserv EMI Card –

The following are the requirements for applying for a Bajaj Finserv EMI card:

• ·         You must be a resident citizen of India and be between the ages of 21 and 60.
• ·         You'll need a steady source of income.
• ·         You must have a strong credit history with no history of late payments.
• ·         You must have a savings or current account in India

Documents required to apply for an EMI card –

• ·         PAN
• ·         Aadhaar card
• ·         Cancelled check
• ·         ECS mandate signed

R   Read Also - Purchase Anything on Emi From Bajaj EMI Card

How can the Bajaj Finserv EMI card be used to shop online?

The Bajaj Finserv EMI card gives you access to some of the best and most exclusive deals from leading brands. If you want to shop online using your EMI card, follow these steps –

• ·         Go to the partner's website
• ·         Add the items you want to buy to your cart
• ·         Enter your valid email address and delivery address
• ·         Choose EMI as your payment method and then choose "no-cost EMI" Select Bajaj Finserv EMI Network Card from the drop-down menu.
• ·         Choose the proper repayment period, double-check your information, and then click "purchase."

Best mobile recharge apps with maximum cashback

 

Mobile recharge apps have become quite popular among the masses especially post covid pandemic. As our usual movement outdoors was restricted and we had no option but to stay inside our homes, mobile recharge apps have become the safe haven. Without having you to step out, online mobile recharge apps cater to all your recharge needs.

Online mobile recharge apps have a number of benefits and perks. Of them, winning rewards or cashback is one of the prime attractions for the users. Recharging through an app online is undoubtedly more convenient and easier than actually going to the store and making a recharge transaction. On a recharge app, one can easily recharge for herself/himself or even for distant family and friends.

Which are the best apps for online mobile recharge?

Generally most of the top recharge apps are available for both, android as well as iOS users. All you have to do is install the app on your smartphone, register using your mobile number and OTP authentication and you’re all set!

Bajaj Finserv app – The app launched its recharge and payments feature recently and has quite a good response. It hosts top billers like V!, Jio, Airtel, BSNL etc on its platform. You can recharge for yourself or your contacts anytime, anywhere using the Bajaj Finserv app. You might also stand a chance to win rewards and cashback upon recharging your mobile device using this app. In case you win, cashback vouchers can be redeemed at partner brands while shopping at their stores. The app also hosts a number of partner apps on its platform which help you book flights, hotels, plan trips, etc in advance.

Paytm – Paytm is one of the most popular apps for recharge and bill payments. You can use this app to recharge, pay electricity bills online, make other utility bill payments etc. This app also offers cashback on recharges and bill payments. You can recharge for yourself or any other contact on your device.

PhonePe – PhonePe happens to be an app with greatest reach among the Indian masses. The app hosts several popular billers and operators that are popular across the country. Not just seamless payments and recharges, PhonePe offers a range of partner apps on its platform called the ‘PhonePe Switch’ which enables you to access most of the day to day services on a single platform. This also helps you save storage space on your phone.

Freecharge - Freecharge is one of the oldest entrants in the bill payment apps realm and is also quite popular across the country. You can use this app to avail rewards and discounts coupons which can help you get cashback at partner sites/stores.

Read Also - Types Of Utility Bills Payments With Mobile App

Other Benefits of online mobile recharge apps –

1. You can compare different plans from your service provider and choose the best suitable plan for you.

2. As you compare the plans before opting for them, you exactly know what you’re paying for. This means you get to spend your money wisely.

3. Needless to say, bill payment apps are most convenient to use.

4. You can recharge anytime, anywhere, irrespective of the day and time.

Best prepaid recharge plans

 

Are you looking for mobile operator recharge plans? With this comprehensive list of all prepaid plans for all cell networks and operators, the decision will be made it simple for you. Scrutinize this comprehensive list of all recharge plans to pick the one that best meets your needs. This full list of all recharge programmes includes Airtel, Jio, Vi, and BSNL recharge options. With so many options, you'll be able to find the perfect plan to suit all your needs while also facilitating the perfect combination for internet and data, calling talktime, and SMS messages.

Currently the top 3 telecom companies include Reliance Jio, Airtel, and Vodafone Idea. These network providers offer various prepaid and postpaid recharge plans that offer data benefits, unlimited talktime and SMS benefits. The majority of these plans provide similar benefits at nearly identical pricing. The extra perks are what set these plans apart from one another. Bundled apps, complementary services, double data, and other perks are available to customers who purchase these recharge packs. Recharge your phone online using the finest mobile recharge plans under Rs 400 from Reliance Jio, Airtel, and Vodafone, all of which have a 56-day validity period.

With the latest update on the Bajaj Finserv app, you can complete your prepaid and postpaid mobile recharge of top service providers including Airtel recharge, Jio recharge, vi recharge comfortably from home. The Bajaj Finserv app offers various payment modes including UPI, net banking, credit card, debit card and the digital Bajaj Finserv wallet.

Find below top 3 prepaid plans for you to choose based on your network provider.

·         The Rs 399 prepaid plan from Vodafone-Idea includes 1.5GB of high-speed data every day. Users can make unlimited phone calls and send up to 100 SMS messages per day. Aside from that, Vodafone-Idea gives members an extra 5GB of data for the first 28 days of the package. Furthermore, Vodafone Play service and a complimentary subscription to the Zee5 app are included as extra bonuses.

·        Recharge Jio's Rs 399 prepaid plan online to get 1.5GB of high-speed data per day, unlimited Jio-to-Jio calls, 2000 FUP minutes for off-net calls, and 100 SMSes each day. Access to all Jio apps, including JioMovies, JioSaavn, JioTV, JioChat, and more, is also included. The Jio Rs 399 plan has a 56-day validity period.

·        The Rs 399 Airtel recharge plan has a 56-day validity period and provides 1.5GB of data each day. Users who subscribe to this plan receive 100 free SMS per day and unlimited calling to all networks. Additional perks include free XStream Premium, free Hello Tunes, a free Wynk Music subscription, free Upskill courses, and a Rs 150 cashback when purchasing a FASTag.

You can browse all the above plans and more on the Bajaj Finserv app. Recharging your mobile with the Bajaj Finserv app has its set of advantages. The advantages include:

Quick and easy transactions: Mobile recharge with the Bajaj Finserv app are quick and easy. The various payment means give you the flexibility to pay your chosen method.

Read Also - Pay electricity bills with mobile app

24 X 7 availability: With the advent of internet, mobile recharge apps are available 24x7 for your convenience. You can recharge your mobile anytime and anywhere and never run out of talktime.

Various payment means: You can pay with the various payment means offered by the mobile app including net banking, credit card, debit card, digital wallet and UPI according to your convenience.

The use of online recharging gateways is simple. They help you save both time and money. These days, there are a variety of recharging platforms to choose from. All you have to do is go to the platform and download the app. Following the on-screen instructions for recharging your number with the appropriate amount once you've gained access to your preferred portal, you'll need to follow the on-screen instructions for recharging your number with the appropriate amount.

Things you should know before applying for a personal loan online

 

For a variety of reasons, obtaining a Personal Loan during a financial emergency can be a reasonable option. To begin with, it is an unsecured loan, which means you do not need to put up any collateral to obtain it. Because no collateral is taken against a Personal Loan, the interest rate can be rather high. It is also easily accessible through lenders after simple verification. However, because to the lengthy process and tight eligibility conditions, applying for it through a bank might be very consuming.

There are a variety of Instant Personal Loan apps available today that have made the process of obtaining funds easier and faster than traditional institutions. In today's fast-paced environment, you may find it difficult to follow up with banks, wait for verifications, and so on. By providing a single platform that caters to practically all of their customers' demands, rapid loan apps have made it quite easy for individuals to apply for Personal Loans.

However, there are a few things to bear in mind before applying for a instant Personal loan online, simply to make sure you don't have a bad loan experience.

1) Identifying a goal – A personal loan has no constraints on what it can be used for. It can be used for anything - travel, education, weddings, home renovations, and so on. As a result, having a clearly defined reason for why you require an instant loan would be beneficial.

2) Calculating the amount required – Whatever the reason for your need for a Personal Loan, you must be confident of the amount required to meet it. Having a preliminary estimate can always assist you in better planning your budget and may assist you in spending the money wisely.

3) Understanding your Credit Health Report - Your CIBIL score is an important factor that is considered before your loan is approved. It's critical to review your Credit Health Report and make improvements when necessary. To acquire a quick approval for your instant personal loan, you'll need a score of 750 or above.

4) Managing your current financial situation – Your salary is spent on a variety of items. After you've met your essential needs, make sure you have enough money left over to pay an EMI. Only with careful planning can you ensure that you will be able to pay your Personal Loan EMIs on time. An unstable budget might wreak much more havoc.

Read Also - How you can save money via a personal loan

4) Calculate ahead of time — Most Personal Loan apps feature EMI calculators on their platform that may help you estimate your loan's EMI, interest rate, and term. As a result, receive a general estimate ahead of time. This will give you a better idea of how much you'll have to pay in EMIs in the future. It will also tell you whether or not it is expensive.

5) Documentation – To get your Personal Loan approved quickly, you must have all of the documentation that your lender requires ready to be provided. Obtain a complete list of paperwork from your lender ahead of time and gather all of the items listed in one location for your convenience. In general, you'll need your KYC, ID documents, and evidence of income, among other things.

6) Consider a Flexi Personal Loan – A Flexi Personal Loan is a relatively new concept in the market that is fast gaining traction. This is when you are offered a credit line based on the strength of your credit report. You can take out as much money as you need from this line of credit. Only the amount you have utilised from the sanctioned credit limit will be charged interest.