Top 10 Helpful Apps while Travelling Alone

Solo trips are fun provided, you plan well and ensure you are well-versed with the dos and don’ts of travelling alone. One constant companion on these trips is your smartphone, which you use to take pictures that are shared on social media platform. Also, most travel apps are built keeping smartphone technology in mind. 

We list six travel apps to consider in 2019 that will add to the memories you will bring back with you on these holidays:

1. Google Trips

The most significant advantage of this travel app is that you can access saved information offline. Google Trips organises your travel information at one place and synchronise Gmail to keep you updated with online tickets and last-minute changes in the schedule of flights and trains among others 

2. TripAdvisor

This travel app allows you to search places based on your interest and budget. You have the option of reading visitor reviews that give you an unbiased opinion of a place you may want to book.  

3. MakeMyTrip

MakeMyTrip is a one-stop shop for booking flight tickets, buses or train tickets, as well as hotel rooms. The interface is user-friendly, and it is one of the most popular trip-planning apps in India.    

4. Oyo Rooms

This app is perfect for travelers who are looking for low-cost accommodation. This app is operational across more than 500 cities across the world. They provide essential amenities at affordable rates.

5. Cleartrip

Cleartrip is a tour-planning app where you can browse for weekend hangout places near your location. The app also facilitates ticket bookings for flight, trains and buses. You can select hotels in sync with your reservations and make the payments as well.

6. Google Maps

If you are using an Android OS on your handset, the google map is available in all phones. For iOS and Windows-enabled phones, you need to install this app. Google Maps are one of the best travel apps for navigation across the world as it reduces the dependency on printed sheets.  

5 Reasons to apply for a two-wheeler loan

If you are not willing to pay all amount for your newly purchased two-wheeler, you can choose to finance it. It is very convenient, and the processing is comparatively swift. Here we are listing down five reasons why you should apply for a two-wheeler loan:

1. Hassel-free processing

With the availability of smartphones and high-speed internet, the processing of loan has become very convenient. You are no longer required to run around, with hard copies of your document, to the showroom and the offices of the financial institution which is providing the loan. You can download the two-wheeler loan app and fill up the digitalized application right from your doorsteps.

2. The low rate of interest

The interest rate applied to two-wheeler loan is comparatively low. In general, the price of bikes and scooters are not more than Rs. 2 lakh. The amount is small in comparison to other loans which you can take for the loan term. For examples: a car loan or a home loan. The interest rate varies for a different financial institution, and the rate of interest after considering the following parameters:

●       Model of the vehicle

●       Income of the person applying for the loan

●       Payment history

3. Easy to access

The processing of two-wheeler loans is comparatively high-speed. If the financial institution authenticates your identity and source of income, you will get the finance, for the two-wheeler, within days. You can apply online for the loan and submit the soft copies of the documents. Even if you belong to a moderate or low income-group, there are high chances that you will get the bike finance on the contrary to the other categories of loan which involves a significant amount.

4. Nominal down payment

As mentioned earlier that the amount required to purchase a bike in low in comparison to other loans, the down- payment required is also very nominal. Some financial institutions provide motorbike finance without any initial payment. You will have to finish the formalities before the key of the two-wheeler is handed over. You can decide the amount of EMIs based on your income and pay accordingly.

5. Suited for low-income group

The two-wheeler is a necessity for daily commuting even if you belong to a low-income group. The advantage is that the loan for the same is accessible for you all well. There is minimal involvement of credit score and the income. You will get the loan provided the income is stable, and identification is authentic.

Education loan subsidy scheme: Everything you want to know!

The cost of education is increasing every day. Students face problems while funding their higher education. To facilitate access to higher education, the Government of India has introduced an education loan subsidy scheme for financially underprivileged students. Here we are explaining the characteristics of subsidized education loan in India:

1. The objective of the scheme

This scheme is the initiative by Indian's bank association to lend a helping hand to economically unprivileged students. The government of India sponsors this subsidy which includes complete payment of interest incurred while availing an education loan. The student is also awarded a waiting period of maximum one year after completion of course when they are free to avoid the repayment.

2. Eligibility criteria

Education loan subsidy scheme is open to all citizens of India who belong to an economically weaker section of society. All the students whose family income is less than Rs.4.5 lakh a year can avail this facility. There is no discrimination based on caste and religion. There is a separate scheme running for socially backwards students as well, and they can apply in both the programs. This scheme is applicable from April 2009 onwards

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3. Eligible Courses

The economically weaker section of students can enroll in any institute, as long as the UGC and AICTE recognize it. The institutes established by parliamentary Acts and central & state government initiatives are also fit to apply.

4. Documents required

To avail of this facility to forfeit the education loan interest rate, the student has to produce the family income certificate validated by an approved authority. Ministry of HRD, Government of India, issues the advisory to assign the authority to verify the documents. The student can submit the documents after due validation and avail the facility following the rules and regulations.

5. Geographical Limit

The student is eligible for this scheme to pursue only under-graduation and post-graduation courses. Those who wish to visit abroad for studies are not eligible to apply. Some other reasons for exclusion from this facility are:

●       Opting out of studies for reasons other than medical.

●       Rustication of a student from the Institute on academic or disciplinary grounds.

●       Enrollment for a course without completing Intermediate or 10+2 examinations.

●       Enrolling for non-technical courses as sociology commerce and music.

6. Maximum loan amount

Everyone can avail this education loan scheme irrespective of the loan amount; however, there is a limit on interest for loans up to Rs.10 lakh.

Benefits of shopping online via easy money transfer apps

The high-speed internet and smartphones have made out life so much easier. We can get most of the goods and services to our doorstep now. Online shopping is gaining a lot of popularity across the country. Here we list down the benefits of shopping online via easy money transfer apps:

1. Convenient

You can shop 24x7 at online stores. There is no need to wake up in the morning, get ready, and leave for the market for day-long shopping. You can relax at your home and add the items in your cart all day along before ordering. You can pay via easy money transfer apps. It saves a lot of resources including time and fuel. You have the option to do more productive works during the day; you can choose to merely rest but avoid shopping.

2. Variety

There is a wide range of product available online. It is because many sellers offer different variety from different locations. Even a supermarket has a finite space to accommodate things, but the online market is infinite. If the product is out of stock, some sellers allow you to book the product and the delivery happens when it is available online.

3. Better Pricing of Products

As said earlier that there are a lot of sellers available online, this gives rise to the competition in the market. It results in low prices and a lot of deals. The product comes directly from the manufacturer, so the cost is naturally less. If you add the cost of transportation that you will incur while travelling to the supermarkets, the cost price of the product is lower.

4. Sending gifts is easy

On occasions like birthday's and the anniversary, it is very convenient to send the gift online. You must choose the product and feed the address of the person you are sending the gift. You can pay in advance via easy money transfer apps. Online shopping company will gift wrap the product and deliver it to the address you have given them.

5. Comparing prices

When you do online shopping, it provides the tools to compare different rates of the same product from different sellers. When you visit the market, there is only one seller, even if there are more sellers, the price in a region remains the same.

6. No crowd to tackle

For people who hate crowd during the shopping, online purchase is perfect for them. You have to sit at home, choose the product and order. Pay via online money transfer apps, and you will get the product at your doorstep. No crowd, no traffic, no negotiation of prices. Simple and effective!