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thumbnail image what is working capital turnover ratio
What is the Working Capital Turnover Ratio?

Category : Financial Insights

Poonawalla Fincorp Team • Oct 12, 2023 • 1481 views

In the world of finance and accounting, there are several tools that help businesses understand how well they are doing financially. One important tool is the Working Capital Turnover Ratio. It helps us see how good a company is at using its money for everyday operations.

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

Category : Financial Insights

Poonawalla Fincorp Team • Sep 20, 2023 • 2224 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.

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

Category : Financial Insights

Poonawalla Fincorp Team • Sep 20, 2023 • 90959 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.

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

Category : Financial Insights

Poonawalla Fincorp Team • Sep 18, 2023 • 7907 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 Team • Aug 29, 2023 • 1520 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 Team • Aug 25, 2023 • 1674 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 Better to Take Loan or Use Your Savings
Is it Better to Take a Loan or Use Your Savings?

Category : Financial Insights

Poonawalla Fincorp Team • Aug 23, 2023 • 1550 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 Team • Aug 20, 2023 • 2671 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 Team • Aug 19, 2023 • 6757 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 Team • Aug 18, 2023 • 1483 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 A Credit Derivative
Credit Derivatives - Meaning, Types, and How It Works

Category : Financial Insights

Poonawalla Fincorp Team • Aug 17, 2023 • 2191 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.

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

Category : Financial Insights

Poonawalla Fincorp Team • Aug 17, 2023 • 2888 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.

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