Finance Blog

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Common Myths and Misconceptions about CIBIL Score

A person's CIBIL score is an important factor that financial institutions consider when assessing creditworthiness for Personal Loans and other financial products. However, there are numerous myths and misconceptions surrounding CIBIL scores that can misguide individuals. NBFCs and other financial institutions strive to provide accurate information and debunk these myths. 

In this blog post, we will debunk some common misconceptions about CIBIL scores and highlight the ideal CIBIL score for Personal Loans.

Myths and Misconceptions about CIBIL Score

Myth 1: CIBIL Score Is the Only Factor That Matters

One prevalent myth is that the CIBIL score is the sole determinant of loan approval. While a good CIBIL score is essential, financial institutions and NBFCs consider multiple factors when evaluating loan applications. These factors include income, employment history, debt-to-income ratio, and the applicant's overall financial profile. 

Myth 2: Checking Your CIBIL Score Lowers It

Many individuals believe that checking their CIBIL score frequently can negatively impact their score. However, this is only applicable to hard inquiries conducted by lenders. Self-checking your credit score, whether through online platforms or official credit bureaus, is considered a "soft inquiry" and has no impact on your score. You can check CIBIL Score online services provided by NBFCs, which are a convenient and harmless way to stay updated on your credit record.

Myth 3: Having No Debt Means a Good CIBIL Score

Contrary to popular belief, having no debt does not guarantee a high CIBIL score. While being debt-free is commendable, a healthy credit mix and responsible credit usage are essential for building a strong credit history. Timely payments, credit utilization, and a demonstrated ability to manage credit responsibly are vital factors in achieving a favourable CIBIL score.

Myth 4: CIBIL Scores are Static and Unchangeable

Your CIBIL score is not a fixed number and can change over time based on your financial behaviour. Positive financial habits, such as timely payments, reduced credit utilization, and maintaining a good credit mix, can lead to an improved score. On the other hand, negative actions, such as defaults and late payments, can lower your score. 

Myth 5: Closing Unused Credit Cards Boosts Your CIBIL Score

Many believe that closing unused credit cards can boost their CIBIL score. However, this is a misconception. Closing credit cards reduces your overall available credit limit, which can negatively impact your credit utilization ratio. 

Myth 6: Multiple Loan Applications Improve Your Chances

Some individuals believe that submitting multiple loan applications simultaneously increases their chances of approval. However, this can harm your creditworthiness as each loan application triggers a hard inquiry on your credit report, which temporarily lowers your score. 

Facts About the CIBIL Score

The ideal CIBIL score for Personal Loans can vary depending on the lender and their specific criteria. However, in general, a higher CIBIL score increases your chances of getting approved for a Personal Loan and securing more favourable terms. 

Here are more facts about the ideal CIBIL score for Personal Loans:

CIBIL scores range from 300 to 900, with 900 being the highest and most favourable score.

A CIBIL score of 750 or above is generally considered excellent and increases your chances of loan approval.

A higher CIBIL score reflects a strong credit history and responsible credit behaviour, lowering the risk perception for lenders.

Having an ideal CIBIL score can help you qualify for lower interest rates on Personal Loans, resulting in savings over the loan tenure.

A good CIBIL score increases your chances of securing a higher loan amount, especially if you need a substantial loan for your needs.

In conclusion

Understanding the common myths and misconceptions surrounding CIBIL scores is crucial for individuals seeking financial products like Personal Loans. While the CIBIL score is an important factor, it is not the sole determinant of loan approval. Checking your own CIBIL score does not lower it, and being debt-free does not automatically guarantee a high score. It's important to recognize that CIBIL scores are not static and can be improved through responsible financial behaviour. 

Furthermore, closing unused credit cards may negatively impact your score, and multiple loan applications can harm your creditworthiness. On the other hand, maintaining a higher CIBIL score increases your chances of loan approval. It also helps you secure more favourable terms, competitive interest rates, and higher loan amounts.  You can make informed financial decisions and maintain a healthy credit profile by checking your CIBIL score online for free. 

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Eco-Friendly Homes: The Future of Sustainable Living in India

Green home or eco friedly homes minimize their impacts on the environment. Get answers to all queries like benefits, challenges, and materials used in building sustainable houses & buildings.

Read More: https://www.kotak.com/en/stories-in-focus/loans/home-loan/eco-friendly-homes-future-of-suistanable-living.html

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How QR Code Payments Work And Their Benefits

What is a QR code payment?

QR code payment works exactly the same way as a ‘normal’ QR code, except when a user scans the code, it brings them to a web payment form. It essentially functions like a POS terminal – customers scan a code with their smartphones and complete the payment on the spot.

The customer then enters their credit card details and completes the transaction. In some cases, this could be done using NFC (near field communication) technology.

QR codes are popular in Asia as they allow consumers to pay for goods in-store by scanning a quick response code on their phone.

Why are QR code payments #trending?

QR codes are a popular way of making payments. They can be used for everything from paying for groceries to booking a hotel room, but they're also useful for businesses that don't sell products or services as well.

Part of the appeal of QR codes is that they make payments accessible for a range of businesses across different industries. Fashion boutiques, taxi services, bars and restaurants and more have a lot to gain from adopting this exciting and relatively new technology.

Here are four ways QR codes can help your business:

1. Speak to customers in their own language

2. Offer rewards programs to loyal customers

3. Increase customer loyalty

4. Improve customer satisfaction

When a customer scans and pay with QR code with their smartphone, a notification pops up with a link. The customer clicks the link which takes them to a website, online menu or – in the case of payments – a web payments form.

In the case of payments, it’s important to have an easy way for customers to pay when they’re ready. Mobile wallets are one option but another is to integrate your business with one of the many third-party payment gateways available in the market.

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Benefits of Incorporating Biometric POS Machine into Retail Industry

Technology is the backbone of every business. In today’s era, in the ever changing world where technological advancements come in everyday, businesses need to keep pace with their competitors. Biometric POS machines can assist the retailers in managing cash flow, carrying out the billing process efficiently, handling transactions without compromising on the accuracy and much more. Furthermore, the biometric POS machine fosters productivity, security, accountability and improved customer experience.

In the digital age, POS devices have been designed to offer operational efficiency and security. They offer faster processing of transactions at a comparatively low cost. Our biometric POS machines are equipped with advanced keypad devices, various card swiping facilities, magnetic stripe readers and smart terminals for reliable, efficient and convenient service to our clients.

Retail industry is a highly competitive business. To succeed in this fast-changing world, you need to be on top of your game at all times. One such way to achieve this is through incorporating biometric technology into your POS system.

The biometric POS machine is one of the three key components in the sales process. The other two are the cash register and its electronic display. The function of these two is clear and straightforward: they facilitate the sale of products or services. It's beyond doubt that this part of the process has been perfected at least since Bill Gates entered the market in 1975, when he introduced personal computers with operating systems.

The POS Machine is a device that is used to process payments of a business. It can be connected with a computer or used as a standalone. The POS billing machine is also capable of processing credit cards and checks, it reduces the time and efforts of settling up by making use of biometric scanning and ID verification of the customers.

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What is a Mobile POS System? Importance of Mobile POS in Business

The mobile or tablet POS software that works like a cash register. It is used for businesses that require quick transactions like market vendors, retail, etc. The main requirements of this technology include a dedicated app, good internet connection, credit or debit card readers and other features which make the technology convenient for use by any business owners.

The mobile or tablet POS technology is a convenient, fast and secure way for small businesses to take payments on the move. These products are built for busy days and even busier schedules as they offer live access to data when you need it most. With these systems businesses do not need a cash register anymore, instead, everything can be done via the app.

With a mobile POS system, merchants can utilize their handheld devices to capture payments on the go at their business locations. With the quick and simple integration of many mobile options, merchants are able to relieve the stress of processing payments by hand -- by using their smartphones or tablet devices. They can also incorporate more features into their business without purchasing a brand new machine.

Mobile POS systems are getting a lot of traction in small businesses around the world. And, it is no wonder that these devices are generating a lot of interest in the current business world. On the other hand, they come with their own set of benefits and drawbacks. If you are considering investing in one, then there are a couple of important points you should keep in mind before making the final decision on whether to get into a mobile POS machine or not?

With a mobile POS system, restaurants and cafes do not have to worry about their businesses shutting down because of orders not being taken. With this technology, customers are able to order food online, pay via cards in the payment module, and the transaction gets completed instantly.

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What Are Credit Card Merchant Fees & Why Should You Care?

There are many merchant providers out there and they all charge differently. Unlike other overhead expenses, such as rent or business supplies, credit card processing fees are more complicated to predict and understand. This is because the pricing models that determine credit card merchant fees vary among merchant service providers and can include hidden costs. Merchant fees are the fees associated with accepting credit cards as a method of payment. Each credit card company has its own standard merchant fee rate, which is often a percentage of your total sale amount. Merchant fees can also include pre-payment processing fees that may apply to specific transactions such as international purchases or customers who use their rewards points.

When you accept credit card payments in your business, you’ll also pay what is known as credit card merchant fees. These are the fees that payment processing companies charge for providing credit card processing services to merchants like you, and they vary by transaction type, amount, and other factors.  The cost of these fees can add up for businesses with a high volume of transactions, so it’s important to understand how they work and how you can minimise them.

 The most common types of credit card merchant fees are tiered, interchange, per-transaction and flat rate. Tiered credit card merchant fees are based on the average ticket price of your customers' purchases and how many transactions they make in a given day or month. Interchange fees vary depending on which network handles your credit card transaction, as well as the type of card being used.

Credit card swipe machine charges are one of the most confusing things to understand as a business owner. With so many different rates offered, it can be difficult to determine what credit card merchant fees are right for you and your business. Before we compare types of credit card merchant fees, we need to talk for a moment about determining the “effective rate” of your credit card processing. An effective rate is the processing rate you pay after all rebates and discounts have been taken into consideration. While the effective rate will vary from month to month, this number can help you determine which provider offers the best value for your business––and avoid high-interest charges or penalties.

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What You Need To Know About No Cost EMI

If you’re looking to buy a new smartphone or upgrade your existing one, then it’s worth considering promotional offers. The no-cost EMI basically means you don’t have to pay the whole amount up front, instead you can pay small amounts over the next few months. The no-cost EMI payment method has seen a massive uptake in the Indian e-commerce space. Starting, it has gained popularity and is now used by most e-commerce websites. This payment option allows consumers to make monthly payments for expensive items like smartphones and televisions without paying the whole sum upfront. It does sound convenient but one should be careful before opting for this option as you end up paying more for a product than its actual price due to high-interest rates.

No Cost EMI offers works pretty much the same way as it does in physical stores. It is a scheme created by most e-commerce sites in India to reduce your wallet stress and make buying products more affordable for first-time buyers. The most common method used by these sites is to offer a discount equivalent to the interest amount so that you can pay your EMI using any credit card or debit card without having to worry about paying the interest that comes with it normally.

In case the customer chooses the three-month no-cost EMI plan, the retailer will make a profit of Rs 4,500 from their sale. But if the buyer chooses to pay via a no-cost EMI plan with an interest rate of 15 percent and make six EMIs, they will be required to pay Rs 4,600 as interest amount to the financier bank. The no-cost EMI, however, is not actually a no-cost transaction. When you pay for a discounted product using the no-cost EMI option, you end up paying the same amount for the product at the end of your EMI tenure as if you had paid the full price. However, if you choose to make full EMIs from day one and pay an additional interest of around 1% to 2%, then it can be called ‘no cost EMIs’.

There is no cost involved over and above the product price. The e-commerce websites these days discount the product to the exact amount of interest, which brings the amount payable to the actual price of the product. And since no extra charge is levied over and above product price, it’s called no cost EMI.

While both credit and debit cards offer a no-cost EMI facility, there are some subtle differences. With credit cards, your monthly maximum limit is reduced by the amount of the purchase and gets restored slowly over time as you keep paying EMI (equal monthly instalments). For example, if you have a credit card with a Rs 1 lakh limit and buy a smartphone worth Rs 30,000 using a 3-month no-cost EMI, your monthly limit will reduce to Rs 70,000 and increase gradually over three months to reach Rs 1 lakh again.

 A no-cost EMI hassle-free way to pay for your expensive utilities. With the rising prices of everything in the country, it is almost impossible to buy them on credit without having to pay huge interest rates. However, you can now show your bank account with a major bank and make a purchase without paying any upfront amount through your card or debit card.

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Know About Cardless EMI: Payment Method for Generation Now

Cardless EMI is one of the easiest ways to make online payments. With Cardless EMI, there are no card swiping problems and you can set your own EMIs. To know more, visit us today!

Check out our website to find out more about cardless EMI as a payment option. Learn how this option helps you buy from us without a card and that too without compromising on the speed and security of your payments.

Your favorite Website now accepts Cardless EMI using QR code, making it easier and faster to pay every time you shop online.

Book flights, food and more at thousands of merchants by paying in instalments with Cardless EMI. Shop without the hassle of collecting bills. Add a new dimension to your shopping experience on the app.

Your Cardless EMI option gives you the freedom to shop from your phone. Check out your favorite products at the retail store, find the Cardless EMI option, and get going in no time!

Shopping for a laptop is going to be a lot easier soon. We're working on something really cool—we just launched a pilot of our new Cardless EMI option, that lets you pay for your purchase using money from your smartphone

Businesses need to find a suitable, flexible and affordable payment gateway which can aid them in adopting the best-in-class ‘card not present’ (CNP) business model. Now, let us have a look at the major features that you should consider before taking a decision. First, there are partial options for ‘card not present’

Before choosing a payment gateway for your business to accept Credit/Debit Card payments, you need to determine what’s most important to you such as support of multiple Indian payment methods or global payment methods.

Are you the owner of a business, who wants to sell over the internet? Then cardless emi may be the payment gateway you need to explore. It is also known as EMI (Equated Monthly Instalments).

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Tips for Purchasing a Laptop: What to Look for in 2022

In this guide, we explain what you should look for in a laptop in 2022, and what you need to avoid. Continue reading to find out which laptop is right for you, and be sure to check out our list of best laptop brands before you get started.

 Congratulations! You're considering replacing your outdated laptop with a new one. But there are so many choices – how do you know which new laptop to get? Whether you want a desktop or a laptop is up to you, but what you need to know is whether you want Windows 10 or the latest OS. It's all right here!

If you're planning to purchase a new laptop this fall, then it is time to learn about some of the trending features that are likely to be on show. Continue reading to find out more about the latest laptops, along with some tips for picking a quality laptop.

One of the most popular laptop features is a touchscreen. And it makes sense to want one on your portable computer, especially if you’re new to Windows 10. Surface Pro 4 is our top pick for touch-screen laptops, but we also have alternatives you may want to consider.

It is one of the worst feelings in the world to buy a laptop and not know the best method to pay for it. Laptop on debit card EMI instalment sounds scary, but it’s honestly no different than buying anything else on card.

When shopping for a laptop, first decide what you want to use it for. Different categories are geared toward different users, and some cater to specific audiences. By understanding the available categories and finding a machine within your price range, you can make the best selection possible for your needs and budget.

If you're in the market for a laptop and want to use it for personal use or for business use only, there are several laptop categories. These categories are built with heavy, light and ultra-light use in mind. 

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How Buy Now Pay Later? The Advantage of Ecommerce Business

No more will the buyer be restricted with the options of “Pay at the time of checkout,” or paying with cash, or payment through a monthly billing cycle. With Pay After purchasing an item, the customer chooses an amount that works for them from a house of billing methods and pays as desired.

With the “pay later” option at Checkout You will have the flexibility to pay for your online purchases over time. No need for credit checks or a long application process.

Paying later at checkout unlocks the true potential of ecommerce. It helps generate massive increases in revenue, while increasing customer satisfaction beyond expectations. Get started on your journey to pay later.

Whether you’re a content creator or creator of anything, we can all agree that flexibility is a crucial part of the working dynamic, especially for those who work from home. That’s why we created pay later, an online payment solution that helps you keep more of your hard-earned cash. No commitments, no fees, and no kidding around. 

Pay later makes it easy for e-commerce merchants to receive payments anytime after conversation with their customers, whether it is the next day, two weeks, or two months from now.

The best is yet to come. Get the financing you need, when you need it. Expand your operations swiftly and efficiently, with a BNPL option for merchant services provided by Modern Commerce only.

Looking to add a new payment option to your site, but short on time? Buy Now, Pay Later can save you hours of development time and will expand your payment options. Invite your shoppers to pay later with our simple integration that helps you set up in minutes.

With our many years of experience in the ecommerce industry, we’ve seen it all – from exciting new payment solutions to the ever-growing use of cash on delivery. Find out more about how you might integrate Pay Later into your business today

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You Should Must Know About Credit Card Charges

As a customer, it is important for you to understand the various charges that are involved in owning a credit card and make sure your purchases do not exceed them. Learn more about the type of charges that exist and their limits so that you can enjoy the great life with a credit card in your hands.

It is a general knowledge that we all have to rely on credit cards from time to time! So don’t worry, we’re here to lend you a hand by enlightening you about the downsides of having a credit card, and why you need to be smart and careful when using it. Here are tips and tricks on how you can make the most.

Are you worried about the credit card swipe charges? You don’t have to let that ruin your mood anymore. Here are some simple ways you can avoid paying unnecessary fees and charges every time you use your card.

Annual maintenance charge is typically charged once a year. More so, there are certain card providers that offer free credit cards; which means that for a certain period of time, users won’t have to pay the annual maintenance.

Don’t pay for every withdrawal! By calling the bank and asking for a cash-advance limit increase, you can avoid banking fees on transactions at non-bank ATMs.

 ​Are you concerned about how much you spend on your credit card each month? Take a look at the charges that are levied by different banks for monthly over-limit spending and find out whether one is charging less or charging more than others.

A few banks are charging a huge fee if customers withdraw money over their credit limit. Interested to know how much you can spend? Click here and take a look!

Don't end up paying the unnecessary over-limit fee. Switch banks now and get a higher credit limit at zero cost!

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EMI On Debit Card: Method to Check Eligibility for EMI Debit Card

Your bank says you're not eligible for Debit Card EMI? Don't worry, we'll match your eligibility criteria. Get a loan and enrich your life!

Many Indian banks are now offering Debit Card EMI to cardholders. You can check eligibility requirements and compare monthly EMIs of debit cards from top banks.

To avail Debit Card EMI, a holder must hold an active bank account with his or her bank. Banks ask for a few documents for verification purposes like proof of residence, identification and income. It takes at least three to four days for the banks to process the application. Once the application is approved, you can get a credit line for your Debit Card EMI.

Can't wait till payday? Debit card EMI facilities offer a convenient way to pay everything from gadgets to travel bookings. All you need is a bank account and the ability to repay EMIs.

Did you know that you can enjoy a 0% EMI offer on your debit card EMI transactions? Ask us more about this facility and how to check kotak debit card emi eligibility.

Did you know? Now, you can make your EMI payments on the KOTAK Debit Card for up to 36 months! Check your eligibility today.

So you want to apply for a credit card after being denied a loan? Credit cards have become much easier to get than they used to be. Learn more about the eligibility requirements, here:

Finding a good student credit card can be pretty tricky. With so many offers and sign-up bonuses, what is the right choice for you? Let's find out more about student credit cards.

Are you eligible to get Kotak Bank EMI on your Debit card? Follow the steps mentioned below to check your eligibility. Kotak Debit Card offer EMI on more than 1000 products. To view the list of eligible items and to know your eligibility, send SMSTKTD62 to 56789.

Are you looking to set up an EMI facility on your Kotak Debit Card? Send an SMS "EMI ON DEBIT<space>Name of card holder to 54242 and get an instant reply regarding the same.

You can now enjoy interest free EMIs if you are a Kotak Bank customer and meet the eligibility mentioned below. Shop online using EMI on all your favourite sites to enjoy shopping without worrying about your credit card bill.

 Welcome, Kotak Debit Card customers! Now pay your bills on time and enjoy easy EMIs, quick refunds and an overall better experience.

EMI is available on selected products. In order to check your eligibility, info send ayya to 1281 or saar 5555 from your registered mobile number and follow the instructions.

Just got approved for an EMI on Kotak Debit card facility? Excited to make a purchase, but not sure where to start? Explore our tips and discover the best ways to use your Kotak Bank debit card EMI mobile. 

As a Kotak Bank customer, you can now shop online using EMI and not worry about the bank interest. Use a credit card to pay for your purchases on popular websites.

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Tips for Check My Axis Debit Card EMI Eligibility

Hi, you have availed Axis Bank EMI offer on products worth Rs.12000/- today. To check the eligibility of the offer, please SMS DCEMI XXXX (last 4 digits of your debit card number) to 56161600. In response of the SMS sent to customer will receive the information about the eligible loan amount, validity and merchant stores where the

If you are a customer of Axis Bank then you can send an SMS DCEMI XXXX (last 4 digits of your debit card number) to 56161600 to check the axis bank debit card emi eligibility check for this offer.

Thanks for being an axis bank customer. Please verify your EMIs eligibility. Send DCEMI XXXX to 56161600. For queries, call 1800-266-5559 (Toll Free).

All you need to know about the Axis Bank Card EMI offer Axis Bank is offering an easy card debit EMI on purchase of gold, jewellery and watches at merchant specific stores with your Axis Debit Card. Check eligibility and offers available in your city. Don

Run short on cash because of increasing expenses during wedding season? Avail the Axis Bank Debit Card EMI, Scheme to pay for your purchase of gold & diamond jewellery from all your favourite stores!

Check if you are eligible for 0% EMI on your Credit Card purchases. Tap to know more about the initiative.

Visa Checkout is the best way to shop online. With Visa Checkout you can pay quickly and securely wherever Visa Checkout is accepted, from your smartphone or computer. So go ahead and shop now, with confidence.

 Do you love to shop? Shop even faster with Visa Checkout. Register today and see how easy it is to pay online with a card that’s already registered with Visa Check-out.

We know you’re always on the move, so we designed a solution that lets you pay faster from your registered devices.

To meet the higher expectations of our customers, we have launched the Axis Bank Visa Checkout. Earn 5% cash back on your purchases and get all other benefits that you are used to with Axis Bank.

Apply to Axis Bank Debit Card and save more time and money with personal, secure, user-friendly interface.

The axis bank debit card is a convenient option for withdrawing cash from ATMs. The card can also be linked to your savings account for free and enjoy hassle-free fund transfers between your savings and debit accounts.

Visa Checkout is a new way to pay online and in store. It bears all the benefits of Phone on debit card EMI and adds an additional layer of security. Learn more and check out today:

Pay your Axis Bank credit card bill by registering for the Debit Card and Visa Checkout services. Keep your shipping address up to date. Check out without entering card details faster than ever before!

The Visa Checkout feature is an easy and secure way to pay online. With Visa Checkout, online shopping is a breeze. It saves you the trouble of keying in your credit card information every time you shop on qualifying websites such as Overstock and Expedia.

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Tips to Check HDFC EMI on Debit Card Eligibility

Check Your HDFC Debit Card EMI Loan Statement Online in 2 Simple Steps: Reply ‘Y’ to this SMS for checking your eligibility for EMI on HDFC Bank Debit Cards Send another SMS to get your EMI Statement

Check your HDFC Bank Debit Card EMI Loan Statement online. For this, you can check the balance on your debit card or simply send an SMS to the bank. After checking the eligibility of any product online, you can view the online HDFC credit card EMI loan statement. Also, know how to pay your card EMI online and how you can apply for

To know whether you are eligible for an EMI on HDFC Bank Debit Cards or not, you can check your eligibility by sending an SMS on 91660000819. but if you have any query regarding your loan statement then you can also call on 022 22659515/ 22615288/ 26951529.

Hi there! Are a HDFC Bank customer and you want to check your how to check HDFC Debit card EMI eligibility? You can check your HDFC Debit Card EMI Eligibility by sending an SMS. The below process will help you in this.

Check your HDFC Bank Debit Card EMI eligibility statement online in just a few easy steps. You don’t have to stand in long queues or go through too much trouble to verify it. This is the best way to check your eligibility.

Are you eligible for the HDFC EMI Plan? If yes then simply check your monthly statements using a few simple steps provided below.

You can check your HDFC Debit Card EMI Loan Statement Online by sending SMS. There are two options to avail this facility: You can either send an SMS from your registered mobile number or you can go online and check it.

 HDFC Bank gives the internet banking facility to its customers. With the help of internet banking, customers can perform all the transactions instantly. HDFC bank is a leading private sector bank of India. Now customers can even view their online HDFC Debit card EMI Loan Statement through internet banking. Here is the process to check your online statements:

You have a high limit on your HDFC debit card and you have been approved for an EMI facility, then you can easily purchase a product laptop on EMI by paying a fixed proportion of the value of the product every month and the full amount to be paid at the end of the tenure. HDFC bank provides this facility with a low interest rate and easy repayment option. Do you Want to check eligibility for the HDFC Debit Card EMI loan facility? Download the HDFC Bank Debit Card EMI Loan Eligibility Calculator on this page.

Your account summary shows the next due EMI installment along with the amount, Interest charges and other charges. You can also see your EMI statement online or by calling HDFC Bank toll free number.

You don’t need to go anywhere when you have all your financial details at hand. Check your bank balance, view a statement of credit cards, take out interest on your current loans- all of this can be done with just a few clicks. To know a complete list of services that you can avail by registering for Net banking, make a `Virtual Visit` here