NABARD introduced the Kisan Credit Card scheme in 1988 to relieve farmers from the excessive burden of borrowing from unorganised money lenders. KCC aims at helping farmers involved in agriculture, animal husbandry, or fisheries. Through Kisan Credit Cards, farmers can avail low-interest and short-term loans to back their production. The interest rate charged on KCC ranges from 2 – 4%. Recently, the government announced an … Continue reading Ways to make funds more accessible through the Kisan Credit Card scheme

A credit card can help you meet liabilities without putting an immediate strain on your finances. However, only a select few of the consumers who apply for a credit card can end up having one approved. These cards, loaded with a pre-sanctioned limit, are available against stringent eligibility criteria. Here are the factors, which are responsible for credit card approval or rejection – Your credit … Continue reading Factors that can ensure credit card approval

As per a report, the period between May 2019 and April 2020 witnessed an addition of 9.4 million credit cards in India. However, over 30.9 million debit cards went out of use around the same period. This figure may be an indicator that more individuals prefer credit cards over debit cards now. Regardless, it is recommended to factor in the basic differences between credit card … Continue reading 5 Reasons to choose credit cards over debit cards

There are several credit card issuers operating in the market, wherein all of them bring more than one product for users. In this plethora of choices, you need a comprehensive credit card comparison to find the perfect one for you. To do so, you can go through the various credit card types, and understand their typical features to make an informed decision. Some of such cards include … Continue reading Here’s How to Compare Different Credit Cards to Find the Best One