Latest Blog Posts of MyMoneyMantra

RBI’s Bazooka 2.0: Impact of Reverse Repo Rate Cut on Loans & Fixed Deposits

Bringing on enough liquidity relief for commercial banks, NBFCs, and HFCs, the RBI Governor ShaktiKanta Das on Friday has announced a package worth Rs 1 Lakh crore.... Read More

Category: #mmm news

Tips for Managing High Credit Card Bill Despite Income Loss During Coronavirus Lockdown

With Coronavirus infection showing no signs of abating anytime soon, the lockdown is extended till May 3, 2020, across India. While all authorities are trying their best to resume normal economic activitie... Read More

Category: Credit Card

RBI’s Liquidity Measures 2.0: Reverse Repo Rate Cut by 25bps & Rs 50,000 cr Lifeline for Small Firms

In wake of economic disruptions caused due to COVID19 outbreak, Reserve Bank of India on April 7, 2020 proposed a slew of measures to ensure adequate liquidity in the system and support banks and financial... Read More

Category: #mmm news

Borrowers’ FAQs: What is a CIBIL Score? Why It Affects My Personal Loan Application?

CIBIL Score Affects on Personal Loan Application

At any time when you apply for a loan, you will come across many kinds of checks and verifications. The common types of checks include your basic Know Your Customer (KYC) documentation, income proof docume... Read More

Category: Personal Loan

5 Steps to Minimise the Impact of COVID 19 Lockdown on Your Finances

As India enters the phase-II of lockdown and continues its battle against Coronavirus pandemic, the deadlock of economic activity worries the masses. ... Read More

Category: #mmm news

Covid19 & Cash Woes: 5 Tips to Rejig Your Financial Plans in 2020

There is never a bad time to start taking care of your financial health. With Covid19 disruptions rocking our world in the first quarter of 2020, it indeed is the perfect time to retrospect and look forwar... Read More

Personal Loan or Loan Against PPF: How to Decide?

If you have ever come across a situation, where you needed additional funds, we are sure you may have thought of opting for a loan. While the need to purchase a car or a home can be conveniently met with d... Read More

Category: Personal Loan

PM Narendra Modi Extends Lockdown Till May 3, Shares 7 Points to Follow at Home

Prime Minister Narendra Modi has announced extension of COVID19 Lockdown till May 3, 2020. In his address to the nation, Modi has commended Indian population for its patience in abiding by lockdown rules t... Read More

Category: #mmm news

Top Loan Against Property Offers in India – SBI, HDFC, ICICI, IDFC First & more

In recent times, the popularity of Loan Against Property has made them a great way to get secured debt for personal and business purposes. A wide range of banks and NBFCs are offering 'property secured loa... Read More

Category: Loan Against Property

How to Use Short Term Loan to Tide Through a Financial Emergency?

Coronavirus has posed a great threat to all of us. It is such an exceptional situation that extreme measures were needed to ensure the safety of people, and eventually, it resulted in complete lockdown.... Read More

Category: Personal Loan