Net Banking apps: Why you need one today!

Banking has evolved with the change in technology. Internet banking is one of the most important changes that have come into the banking world after the introduction of the internet. Today, customers and companies alike are making use of the online mode of payment to transact. What with the prevalence of smartphones, banks have also come up with net banking apps, which are programs designed to aid people to transact using the internet.

Here is a look at some of the advantages of the net banking app.

1. Much more convenient
Internet banking has made transactions much simpler and convenient than it was before. Previously, people needed to fill out a cheque or pay by cash. In case of a cheque, the beneficiary would need to visit a bank branch and drop the cheque to cash it in. The entire procedure was complex and involved a lot less security. With internet banking, the transactions are instantaneous and there is very little doubt regarding safety and security.

2. Specialised services 
When you download a net banking app for a particular bank and use it, you are given specialized service, such as advisors for your investment, money monitoring tools, tax services and more. The app also offers loan calculators, which can be used for a hassle free loan application procedure. These services are only found using the net banking apps and not by any other means.

3. Paying bills online
Each month, you need to pay the bills for utilities and other services. This may be quite a hassle if you are making cash payments or through cash. However, with net banking apps, you can make the payments online. This method will also let you keep a track of all the receipts for payments easily. Moreover, you can use your credit card to make the payments of bills.

4. Easy access to your accounts
With the banking application, you have easy access to your account. This means that you can simply open the app on your smartphone and get a detailed look of your bank statements and expenditures. This makes maintaining the account simpler and streamlined. At the same time, you do not have to run to the bank every time you want to deposit or withdraw money.

Almost all banks have an app related to net banking. Make sure you download your bank’s app. Link your account when you log in for the first time. From the next time, you can directly transact from within the app after you log in.

Make bill payments easy through internet banking now!

Internet banking is a very important aspect of all financial transactions today. It has not only simplified the procedure of transferring funds, but also saves a lot of time. At a time when governments across the world are pushing cashless transaction, internet banking is the best option.

Similar to all other transactions, an e-banking app will also let you pay your utilities and bills every month. However, do you know how you benefit from paying your bills online? Lets take a look at the advantages for such a transaction.

1. When you opt to pay your bills online, using internet banking, you are guaranteed a simple and safe transaction. While the conventional method of payment involves a delay from when you sign the check to the time when the beneficiary gets the money, internet banking is generally instantaneous. Even though, there is a remote chance that your transaction may get hacked, the chances of the same are so low that you should not be worried.

2. People can use their credit cards to make bill payments, when paying online. Most companies do not allow this, if you pay their bills offline. Credit card transactions are usually safer and more secure. Additionally, you can pay the bills with the credit if you do not have enough money of your own at that moment of time.

3. If you pay using the internet-banking mode, you will be encouraging cashless transactions. Even though it may not sound beneficial, you are saving paper, which is environmentally advantageous.

4. Internet banking to pay bills can help you keep track of your finances every month. Paying cash usually results in a paper receipts for payments, which have the chance of getting lost or damaged. However, for internet banking, all payment history is maintained digitally, which is why you have almost no chance of losing the receipts.

5. Some companies offer attractive discounts on the bill amount if you are paying through internet banking. This will aid you save more and pay less. Companies allow this discount, as they too desire to limit their cash transactions and encourage customers through these small discount opportunities.

Online bill payment may sound scary at first, but the procedure is much simpler than the conventional mode of payment. The advantages of online bill payments are numerous as stated above and you should opt for the internet banking for making any and all bill payments immediately, if you do not want to lose out on the benefits.

Get financial assistance for your business loan through this app!

For big businesses, availing a business loan is not particularly difficult. The tale is a bit different if it is a startup or a relatively small enterprise. For a small business, the cost of operations alone can be a hill to climb. They can however apply for a working capital loan on the basis of how old the organization is and its estimated annual turnover.

Although banks and NBFCs have been the age old option for such loans, with the digital age, everything has changed. Finance and banking have been bought to the comfort and convenience of people’s fingertips. Working capital loans or other short term loans can be easily availed by the use of an app.

The use of an app to apply for a business loan is both easy and hassle-free. With just a few simple steps, you could receive the very best of financial assistance from experts in the field of business finance.  The app would require the details of your organization such as the date of establishment, and the bank account that is used for operations. With options that cover the businesses that are only just planning to set-up to the ones that have already been established. There is something for every kind of entrepreneur. Also, the kind of industry, whether agricultural, automobiles or education are all enumerated to choose from to specify and distill the aid that might be warranted.

After which, the details that you have chosen will be computed by the business loan calculator. And on the basis of your credit score and your credit history, your eligibility will be analyzed. You will then be assigned a pre-approved loan offer. You can then customize the amount that you would like to loan. You can further tailor your EMI plan.

The app also helps businessmen manage their finances, keep an eye on their budget when they are doing business or traveling. All of this done within a matter of minutes with no third party interference or encumbrance.

Two Wheeler Loan: Easy and convenient loan application through app

So you’ve had your eye on that sleek, powerful engine displayed at the showroom window for months now. But you can’t quite afford it just yet. Owning your own vehicle is not so much as personal pride as it is about convenience. But the thought of standing in line for hours to speak to a loan officer just to go through a long and time-consuming process makes you break out in hives. You need not despair; you can bring the whole process to your fingertips. You can now own your two wheeler without any kind of hassle.

Your phone has your whole life in it.  It is what keeps you connected to everyone in your life. You can access the news, music and images from around the globe with the touch of a button.  You manage your bank accounts with your phone.  And now you can get a complete guide to assist you through the process of applying for a bike loan or a two wheeler loan. A simple app on your mobile will walk you through the whole process and make sure you can buy your dream bike.

With this app at your disposal, you can search for a new loan and get approval for it almost instantly. It would take only a couple of minutes for you to fill in your application. After which you would know your eligibility for it within seconds. You can then calculate your EMI and also amend it to the amount you are comfortable with. You can also customize your payment methods and the time period for your EMI payments. All without having to deal with inconvenience of tedious documentations. The app allows you to compare between the different choices available including the option to avail a used bike which banks or other financial institutions don’t. That is a major advantage of an app over an offline approach.

You can also manage your existing loans and pay overdue EMI’s online. This one-in-all app helps you manage other aspects of your finances as well. With tools that help you calculate your credit scores and your policy premiums.

It also provides a daily Podcast that brings you all of the important and recent investment options, stock market news, lifestyle and travel updates .It also offers exclusive deals on shopping, entertainment and restaurants and more. With a 24×7 helpline for assistance it will be a constant counselor at your disposal for all your financial needs.

Now applying for an education loan is now made easy!

Education is vital for success and progression in life. While school education is relatively easy to afford, higher education costs can be difficult for most families to bear. Higher education can be costlier if it is being pursued through a foreign university. This is why most parents need to plan ahead and opt for an education loan in order to finance their child’s studies.

With the emergence of the internet, getting such a loan has become easier than ever before. Here are a few steps to follow if you are looking for a hassle-free education loan application procedure.

1. Eligibility
Before you consider anything else, you need to determine if you are eligible for such a loan. The criteria usually differ from one lender to the next, which is why it is best to take advantage of the eligibility calculator present in the website of most of these companies. This will let you know if you are eligible and will also tell you exactly how much you can borrow.

2. How much do you need?
How much you need to borrow depends on how much you can spend out of your own pockets. So, try to determine the state of your own finances before opting for the loan. It will help you enjoy a hassle-free procedure where you will not be encouraged to get a higher loan than you really need.

3. Rate of interest for the loan  
The education loan interest rate will determine how much you would need to pay back during the tenure of the repayment. Remember that a higher EMI may be too difficult for you or your child to bear. However, do not judge a lender only by the rate of interest that it charges.

4. Consider the lender based on the course of study
Not all lenders will support every program or course of study. Select the lender only if it lends money for the course that you child has decided upon. There is no point in pinpointing one lender without checking whether that lender suits your particular needs.

5. Use the EMI calculator
The education loan interest rate can determine the EMI, which you would have to pay. However, calculating the same may prove difficult. This is why most lenders include an EMI calculator for education loan in their sites, which can aid you to pinpoint the exact EMI that would be charged, based on the principal, interest rate and tenure.
  
Ensure that your follow the tips listed above if you want to enjoy a hassle-free education loan procedure.

Enjoy applying for a gold loan with this convenient option

The popularity of gold loans is on the rise and more people are opting for the same each day. Even though the name may refer to gold, the loan is primarily availed for any personal expense. Basically, it is used for the same purpose for which you would use a personal loan. However, the competitive interest rates on offer for gold loans make them a better option in some cases.

Everything can be performed online in today’s world and loan application is no different. The easiest way to apply for a gold loan is to do it through the internet. Here are some benefits to applying for the gold loan online.

1. EMI calculator
For any loan, you need to research in order to determine the best option available to you. An online tool known as the gold loan calculator can help you understand the EMI that you would have to pay for a particular loan, even before you take the loan. This can not only help you plan your other expenses accordingly but also prevent you from taking a greater amount of loan than required.
In order to use the gold loan calculator, you would need to enter the principal amount, the rate of interest and tenure of the loan repayment. After entering these details, the calculator will find the exact EMI for the loan.

2. Online repayment
When you take a loan online, you are also offered the option of repaying the entire loan through the internet itself. This can save your precious time and also reduce the hassle involved with the repayment. In the offline procedure, you would need to draw out a check each month and pay the EMI. However, the online gold loan application can save you from such hassles.

3. Free insurance coverage  
People looking to buy gold products using the loan money can often get free insurance policies from the lender as well if they decide to apply for the loan online. This is not a constant offer, and not all lenders will offer the same feature, but in some cases, online gold loan application can come with the aforementioned benefit.

4. Saves time
If you apply for the loan through the offline procedure, you would need to visit the offices of the lender and fill out a form there. However, for the online procedure, you do not need to go out of your home. Filling out the online form and providing necessary documents are all the steps that you need to follow the gold loan application.

What are the key factors of a car loan Emi calculator?

Are you thinking of buying a car, but do not have the finances to support such a purchase? You should consider taking a simple car loan and purchasing the vehicle of your dreams. However, before taking such a loan, you should be aware of a tool known as the car loan EMI calculator.

What is an EMI calculator for car loans?

Since money lenders now prefer lending money through the online medium, most consumers take to the internet to research the kind of loans that they want. This research generally includes a comparison of the rates offered by one company against another. Making such calculation manually can be a time-consuming process. This is where the car EMI calculator can be of great help to you.

This online tool will help you determine the exact EMI payments that you would need to make for a particular car loan. You just need to fill in the details of the loan, including the principal sum, the rate of interest and tenure for the loan and the tool will give you the monthly payments that you would need to make.

Why you should take advantage of the EMI calculator
Taking a loan generally involves determining whether you would be able to pay off the monthly instalments within the tenure of the loan. Every person has certain financial capabilities, and that determines whether they are suitable for a particular loan. Here is a look at some of the advantages of the car loan EMI calculator.

1. The calculator shows you how much you need to pay each month if you were to sign up for a loan. This feature allows you to judge whether you would be able to pay the EMI each month and how much of restriction it would place on your finances..

2. The car EMI calculator can prevent you from borrowing too much. However, with the calculator, you are given a reality check about how much you can really afford to take. This helps to keep you secured in the future, without running the risk of defaulting on your loan payments.

3. Last, but not the least, when you take a car loan, you are entitled to perform extensive research. The EMI calculator will allow you to perform the research in a simplified manner, where you can just enter the details and find out the exact EMI payments.

At any rate, ensure that you do not take a car loan blindly. Go online and compare the rates offered by different lenders and find the plan that suits you the best.