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BH Registration Tax Amount
Road Tax Amount for BH Registration Vs Normal Registration

Category : Financial Insights

Poonawalla Fincorp • Sep 20, 2023 • 895 views

The road tax is often charged by both the State Government and the Central Government to the citizens and is collected in various methods. The road tax rules differ from state to state. This causes a few changes in tax rates when moving between Indian states, especially for govt.

Eligibility For BH Series Number Plate
How to Get a BH Number Plate: Eligibility, Registration & Cost Required

Category : Financial Insights

Poonawalla Fincorp • Sep 20, 2023 • 185 views

In India, relocating to another state or city is easy. But if you are planning to take your vehicle as well, it is mandatory to re-register your vehicle with that state or city.

Benefits of BH Registration
Features and Benefits of Bharat Series (BH) Number Plate

Category : Financial Insights

Poonawalla Fincorp • Sep 18, 2023 • 245 views

The Ministry of Road, Transport and Highways (MoRTH) introduced the Bharat series in 2021 to streamline vehicle registration. The Bharat Series number plates, also known as BH number plates, aim to simplify the process for individuals who relocate from one state to another in India.

thumbnail image What is Debt Snowball Method
What is Debt Snowball Method & How to Repay Debt by Using Snowball Method?

Category : Financial Insights

Poonawalla Fincorp • Aug 29, 2023 • 328 views

Debt can be a huge burden that affects ones financial well-being and peace of mind. For many individuals, getting out of debt becomes a top priority, but the process can seem overwhelming.

thumbnail image Credit Review
Credit Review - Meaning, Purpose, and How Does It Work?

Category : Financial Insights

Poonawalla Fincorp • Aug 25, 2023 • 331 views

In the financial world, credit review plays a pivotal role in determining an individuals or a businesss creditworthiness. This comprehensive evaluation conducted by lenders and financial institutions allows them to assess the risk involved in lending credit and make informed decisions regarding loan approvals, interest rates, and credit limits.

thumbnail image 6 Crucial Debt Management
6 Crucial Debt Management Tips to Learn in 2023

Category : Financial Insights

Poonawalla Fincorp • Aug 25, 2023 • 318 views

Over the past couple of years, the number of people applying for some form of credit has increased due to a host of different factors. Most of this is usually attributed to the economy picking up and more people borrowing credit.

thumbnail image Better to Take Loan or Use Your Savings
Is it Better to Take a Loan or Use Your Savings?

Category : Financial Insights

Poonawalla Fincorp • Aug 23, 2023 • 327 views

Taking a loan vs. using savings is a never-ending debate for individuals. There is no perfect choice between taking a loan vs. using savings. Both these options are viable as per personal choices and financial requirements.

thumbnail image What is micro credit
What is Microcredit - Definition, Types and How It Works

Category : Financial Insights

Poonawalla Fincorp • Aug 20, 2023 • 555 views

Microcredit, also known as microfinance, is a financial service that provides small loans to low-income individuals or groups who have limited access to traditional banking services. It aims to alleviate poverty, promote entrepreneurship, and empower individuals to start or expand their small businesses.

thumbnail image What do you Understand by Outstanding Overdue Payments
Outstanding & Overdue Payments - Everything You Should Know

Category : Financial Insights

Poonawalla Fincorp • Aug 19, 2023 • 778 views

In the realm of personal finance and business transactions, managing payments is of utmost importance. Two common terms often used in this context are "outstanding payments" and "overdue payments." Understanding the difference between these terms and the implications they carry is crucial for maintaining financial stability and avoiding potential consequences.

thumbnail image What is Credit Repair How Do Credit Repair Companies Work
What is Credit Repair - How Do Credit Repair Companies Work?

Category : Financial Insights

Poonawalla Fincorp • Aug 18, 2023 • 349 views

In todays world, credit plays a vital role in our financial lives. It influences our ability to secure loans, obtain favourable interest rates, and even rent an apartment. However, a less-than-stellar credit history can hinder these opportunities, making it challenging to achieve financial goals. This is where credit repair comes into the picture.

thumbnail image What Is An E Mandate How Does It Work
What Is E-mandate? How Does it Work?

Category : Financial Insights

Poonawalla Fincorp • Aug 17, 2023 • 436 views

In the digital era, traditional methods of authorizing and processing payments have evolved to keep pace with technology. One such advancement is the introduction of e-mandates, which provide a convenient and secure way to authorize recurring payments electronically.

thumbnail image What Is A Credit Derivative
Credit Derivatives - Meaning, Types, and How It Works

Category : Financial Insights

Poonawalla Fincorp • Aug 17, 2023 • 517 views

In the complex world of finance, credit derivatives have emerged as important instruments for managing credit risk. Credit derivatives are financial contracts that derive their value from underlying credit instruments, such as loans, bonds, or other debt obligations. These instruments enable investors to transfer or manage credit risk without owning the actual underlying assets.

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