More articles for you

Your one stop place for everything related to finance and lending

Electronics

How to Choose Between an LG and Samsung TV?

It’s difficult to limit your options to just two or three TV brands when there are so many on the market. But you’re making the right choice if you’re selecting between Samsung and LG. These two titans compete against one another in the crowded consumer industry and are among the best global TV manufacturers. So which brand is better? Let’s start with a few important foundational concepts to keep in mind before delving into the distinctions and parallels between these two companies. Samsung and LG, two South Korean technology companies, were founded in 1938 and 1947, respectively. Both brands are well-known worldwide and have a significant reach in the US and Europe. It is not surprising that the two firms produce several TV models each year, given their size and reputation. Whatever your needs are in terms of size, form, picture quality, or processing capabilities, LG and Samsung have covered them. [B-01] LG TV vs. Samsung TV Although many of their high-end sets use relatively different panel technologies, Samsung and LG produce some of the best smart TVs available today for both high and low price points. Unlike Panasonic and Philips, which lack licences in North America, both South Korean manufacturers are major players in the worldwide television market. Every year, they have a sizable installed base and a diverse selection of televisions. Samsung and LG release various models each year, ranging from the best 32-inch smart TVs and the best 4K TVs to some of the best 8K TVs for large sets that cost thousands of dollars or pounds. Comparing prices becomes difficult. However, both brands can meet your needs for a new TV, regardless of size, shape, resolution, or price. Smart TV platforms Both Samsung and LG use exclusive smart TV platforms, each with a distinct personality. Since 2014, LG has dominated the market with webOS, a simple, unadorned smart TV interface. For frequently-used apps, streaming services, and inputs, it features a horizontal navigation bar with flexible positioning so you can decide where your favourite apps are displayed on the dashboard. Although the structure of Samsung’s Tizen platform isn’t very different from LG’s ThinQ AI software, it doesn’t have as good a search mechanism. What about voice assistants, though? The Google Assistant is already embedded into LG’s OLED and Super UHD televisions, and there is some limited Alexa device compatibility. Samsung offers the option to use Google Assistant or Alexa through third-party devices in addition to its own (slightly inferior) first-party Bixby assistant, which is available exclusively on mid-range or premium televisions. Panel technology The two-panel technologies used in today’s high-end television industry are OLED and QLED. The term “organic light-emitting diode,” or OLED, refers to a TV panel that can produce its own light instead of needing light to shine through it. This makes it possible to regulate the brightness of individual pixels and create incredibly small TV panels. OLEDs are renowned for their rich colour reproduction, intense black depths, and low brightness. OLED screen “burn-in” is a frequently discussed topic. However, much of the evidence is anecdotal. You would likely need to work the set quite hard for this to become an issue. It is fair to note that Samsung’s sets fall short in contrast (relatively) but make up for it with a high and dynamic display. OLED is often suited to high-quality video formats in gloomy viewing environments. Format Both TV makers support high dynamic range (HDR). However, they support somewhat different formats. LG incorporates Dolby Vision into its premium line of OLEDs and Super UHD TVs, while Samsung prefers HDR10+ for its high-end TVs. Both formats use dynamic metadata to adjust the television’s display to the content being viewed, so scenes of dimly lit drawing rooms or dark underground dungeons have different levels of brightness, contrast, and picture processing. Which television brand should you buy, Samsung or LG? Due to production bottlenecks and a decline in demand during the pandemic, both TV makers struggled. With its new QD-OLED TVs and quantum dot-OLED hybrids that potentially compete with LG’s OLED technology, Samsung, the market leader, could further solidify that position. If you’re looking for the most impressive picture quality, regardless of price, nothing currently beats LG’s OLED panels for colour and contrast. But the best Samsung TV can light up a room and offer a greater (if slightly unnecessary) boost in pixel density. [B-02] Bottom line Both TV brands are generally regarded as being reliable, so choosing one of them won’t be a mistake. It all depends on how much money you want to invest and which qualities are most relevant to you in the LG vs. Samsung argument. Both TVs will provide excellent image resolution and the smart TV features you’re looking for. Do you currently own an LG or Samsung device? How do you feel about it? Do you have experience with both of these models of TV? If so, do you favour one over the other, and if so, why? And if you are wondering how to fit such a purchase within your budget, a financial expert like Piramal Finance can help. Know how to apply for easy financial solutions with Piramal Finance, like personal loans, EMIs, and credit cards, and manage your personal finances efficiently.

08-11-2023

Business Loan

How Do I Become Eligible for an MSME Business Loan?

Micro, small, and medium enterprises (MSMEs) are the backbone of any economy. They play a vital role in its development. MSMEs account for over 8% of India’s GDP. Plus, they contribute 45% of the manufacturing output and 40% of exports. MSME loans, or startup business loans are credit products that banks and other financial institutions offer to small businesses and entrepreneurs. These loans help businesses with resources and collateral access. An MSME business loan helps provide businesses with the capital they need to grow and expand their operations. There are a variety of MSME loans available. It includes term loans, working capital loans, equipment loans, and more. Each type of loan has its own specific eligibility criteria and repayment terms. MSME business loan is an important source of financing for small businesses in India. It provides the capital to invest in new equipment, expand operations, and hire new employees. These startup business loans are also typically cheaper and easier to obtain than traditional bank loans. If you are a small business owner in India, an MSME loan may be right for you. But how do you become eligible for it? [B-01] What Are the Eligibility Criteria for an MSME Business Loan? To apply for an MSME business loan as an individual or a company, you must fulfill the following eligibility criteria: You must be at least 22 years old when you apply for the MSME business loan. You must be at most 65 years old at the time of the loan’s maturity. A private company or sole proprietor can also apply for startup business loans. An MSME business loan can also be given to a private company in the trade, service, or manufacturing sectors. The applicant must have been engaged with the concerned business for at least 3 years or have at least 5 years of experience in the same. The business should generate a basic income of a minimum of INR 2 lakhs a year. Additionally, the business should have a turnover of INR 10 lakhs a year. There should be profits for at least 2 years. It should also be registered as an MSME on the Udyam Portal, and it must have an MSME registration certificate. What Are the Qualifications for an MSME Business Loan? Every MSME or startup must have a set limit for investment and turnover thresholds. It will ensure their eligibility when applying for the MSME business loan. Micro-level business or startup These businesses must have an investment of less than INR 1 crore and a turnover of less than INR 5 crore. Small-level enterprises Such businesses must have less than INR 10 crore worth of investment, and their turnover should be below INR 50 crore. Medium-level business These enterprises must have a total investment below INR 20 crore and a turnover below INR 100 crore. Which Documents are Required to Apply for Startup Business Loans? Here are some documents that you will need when applying for an MSME business loan. Check out the list below: The PAN card of the applicant or the company applying for the loan. Proof of identity, such as an Aadhaar card, a voter’s ID card, etc. Valid and current proof of address of the applicant. It includes a ration card, rental agreement, etc. The proof of business address. It includes rental or lease agreements and utility bills. Form 16 along with bank and income statements. Tax documents such as the company’s income tax returns and sales returns. They must be from the last 2 years. Audited financial statements of the company for proof. They should be from the last 2 years. What Are Some of the Features of MSME Business Loans? Certain features of startup business loans make them a preferable loan option for businesses. These include: Accessibility An MSME loan is easy to obtain. The related application process is hassle-free. The individual only requires a few documents. Plus, the loan amount also has a quick disbursal time. It is helpful in times of need. Low rates of interest An MSME business loan has a low interest rate. It is popular among small businesses and individuals. No need for collateral MSME loans are collateral-free. They do not require any security. Therefore, these loans help individuals and small businesses. They can boost their productivity. Flexibility Businesses fulfill their short-term requirements with MSME loans. There is no long-term commitment to these options. So, these loans are very flexible. Safety Government schemes and programs support MSME business loans.This makes them easier to obtain. The Advantages of a MSME Business Loan An MSME business loan is an ideal financial product. It is mostly suitable for businesses and individuals. Some of its benefits include: The loans are good for many purposes. It includes working capital, machinery, equipment, and vehicle purchases. These loans are mostly collateral-free, making them very safe. Businesses can get quick approval and disbursal of the loan amount. The interest rate on MSME business loans is usually lower than that of personal or unsecured business loans. The list of documents required to apply for startup business loans is quite modest. An MSME business loan also has an extended tenure. It ranges between 1 and 5 years. [B-02] Final Takeaway Funding is important if you want to start a new business. Similarly, if you want to expand your existing business, you will need more funds. There are many different funding options available for you in the market. However, if you are a small business, you should try to look for an MSME Business Loan. These loans help small business owners get the funding they need to grow their businesses. These loans also minimize red tape, which is common with other loan options. If you are looking for a startup business loan or an MSME business loan, visit Piramal Finance to find the right loan for you. At Piramal Finance, you will find authentic and personalized information on financial products and services, including personal loans and financial calculators.

08-11-2023

Know More

Ways to Get a Personal Loan With a Low Cibil Score

Do you want a personal loan? Before giving any loan, banks check the creditworthiness of the customer. The credit score is used to assess its worthiness. The credit score helps banks predict your credit behavior. And if your credit score is low, it is highly unlikely that banks will lend you any money. A personal loan is the most common type of loan distributed by banks. As the loan is unsecured, banks mainly focus on credit scores. Moreover, there are no assets or mortgages to fall back on if the customers default on the loan. The Reserve Bank of India has licensed four companies to operate as credit information companies. CIBIL, or Credit Information Bureau (India) Limited, is the most reputed and oldest company among them. The Credit score starts at 300 and goes up to 900. And if your CIBIL score is low, you will face some difficulties getting a personal loan. So, let’s see the required CIBIL score for a personal loan. [B-01] Required CIBIL for Personal Loan: As per the leading lenders in the financial domain, your CIBIL score for a personal loan should be at least 720. With this score, you can easily get a personal loan from any bank or NBFC. Some banks and lenders also provide personal loans to users with a CIBIL score of 600 to 700. However, the lower your score is, the less money will be approved. Moreover, the bank may also charge a high interest rate on the personal loan for a low CIBIL score. If your credit score is less than or around 600, the chances are you won’t get a personal loan. So, let’s see the ways to get a personal loan with a low CIBIL score. Ways to get a personal loan with a low CIBIL score: A low CIBIL score for a personal loan is the last thing any bank or NBFC would like to see. Luckily, there are many new fintech platforms and NBFCs that offer loans in the case of a low CIBIL score for a personal loan. However, these platforms charge a high interest rate. These are some ways that can help you if you have a low CIBIL score for a personal loan. Let’s see: Show income proof to the bank: If your credit score is really low, the bank will not be willing to give you a personal loan. But, you can provide some evidence suggesting you can repay the loan on time. And if the bank sees any merit in your claims, they will be more likely to grant the loan. For example, the bank may consider your application if you recently received a salary hike or have another income source. So visit the branch personally and talk with the loan manager along with this evidence. While the interest rate may be a little higher, you may receive a personal loan with a CIBIL score of 550. Apply for a lower loan amount: Applying for a loan of a higher amount with a poor CIBIL score is always rejected. On the other hand, a low CIBIL score for a personal loan means there is an increased risk for lenders. And they won’t be willing to take the risk unless convinced otherwise. However, the bank may take the risk if you are applying for a lower amount. Because a lower amount will be easier to pay and timely repayment can increase the CIBIL score. Apply with a co-applicant: Applying with a co-applicant or guarantor with a high CIBIL score can improve your chances. So, if you want a personal loan but don’t have the required CIBIL score, then, get a co-applicant or guarantor for the loan. However, you will need to talk with the other person beforehand. It’s because there are formalities like KYC and other documentation. The benefit of this approach is that if the bank finds the co-applicant or guarantor worthy, your loan will be approved in no time. Correct the mistakes in your credit report: Banks and other financial institutions sometimes send the wrong information to credit bureaus. Or, the latest information isn’t updated in the credit report. These mistakes can take a toll on your credit health. So, it’s important to check your credit score and credit report from time to time. You can check your credit score for free. Four factors determine the CIBIL score, each of which holds some weight. Factors Weightage Payment history 30% Credit Exposure 25% Type of credit and credit duration 25% Other factors 20% Alternatively, check your credit report for any mistakes, like missing details on earlier paid loans. If there is any, report it directly to the credit bureau with proper evidence. Request the bank to treat your case as NA or NH in the credit report: The NA or NH in your credit report means there hasn’t been any credit activity in the last 36 months. So, if your credit report doesn’t show any credit history, talk to the bank and explain the reasons for it. Chances are the bank will give you the loan at a little high-interest rate. How to improve your credit score: The last and ultimate option to get a personal loan is improving your credit score. Because none of the above methods can guarantee your loan application will get approved with a low CIBIL score. So, ultimately, you will need to increase your credit score anyhow. To improve your credit score, start by paying down your previous debts. You can also avoid making late payments and using credit cards to the limit. By keeping great credit habits, your CIBIL score will increase gradually. Till then, you will have to adjust to high-interest lenders. [B-02] Conclusion: A personal loan is the easiest to get, and the borrowers need not offer any collateral. While it is quite tough to get a personal loan with a CIBIL score of 550, it’s not impossible. Many lenders like Piramal Finance approve a personal loan with a CIBIL score of 550. All you need are some documents, proof of your eligibility, and the required CIBIL score for a personal loan.

08-11-2023

Home

5 Dressing Table Designs in 2022 That Are Sure to Turn Heads

If you’re reading this article, you’re most likely hunting for unique dressing table designs for your room. Maybe you’re looking for one that is smartly designed and does not take up a lot of space in the room. Or, perhaps, you want the dressing table design to be minimal yet elegant. Or, maybe, one that complements your taste or the vibe of your room. [B-01] Whichever it is, your search for the best dressing table designs will be over by the time you finish reading this article! Learn about the latest styles and help find the one that best suits your needs and choices. The Minimalist If you’re a minimalist or don’t have a lot of cosmetics or jewellery to store on a dressing table, you will love this one. It’s simple to install and will easily grace any well-lit corner of your room. Besides using the drawers, if you need to store more things, you can neatly arrange them in small pouches, boxes, or organisers and place them on the table. These dressing tables are best suited for small rooms. Their seating stools save space in the room as you can slide them under the table. Another advantage of these designs is that if the table top is clean, you can use the dresser as a desk when needed! Bright, Fresh, Modern Styles If you’re struggling to choose between a small, plain dresser and a huge, lavish one, this one is the middle ground you need. Such dressing tables are simple, stylish, and roomy enough. You can easily store your cosmetics, jewellery, and other accessories in the drawers. So, you can very conveniently find them all in one place. If you have the space, you can keep extra shelves on the sides, just like in the picture above. Pro tip: use drawer storage organisers to arrange all your things so that you don’t have to waste time struggling to find small articles. Wall-Mounted Dresser A wall-mounted dressing table design is another wonderful choice for a small room. The full-length mirror works brilliantly to create an illusion of space and make the room look larger. And it is also perfect for clicking mirror selfies or glancing at your outfit before you leave the house. You can hang your bangles, bracelets, watches, belts, or keys on the rods or hooks. And you can place all your lotions, perfumes, jewellery boxes, etc., on the shelves. Just be careful not to keep small jewellery items directly on the shelves, or you may lose them! You can use any chair or seating stool for sitting comfortably and adorning yourself. This is one thing that wall-mounted dressing tables fail to give. It is easy to spread out all your makeup essentials on a table and use them handily. The Classic Retro This one is a classic retro dressing table design. It is not an entirely new style, but it’s certainly back in trend. If you have a thing for retro designs that make you nostalgic, this one will be a good option. Or if you want something that isn’t huge yet gives a classy plush look, go for such vintage dressing table designs. It is, again, a piece of creative space-saving furniture. It has good enough storage capacity- neither too little nor too much. It will be sufficient to store everyday essentials. You won’t be disappointed to sit there admiring the dresser and yourself in the mirror! Wardrobe Cum Dresser A wardrobe/closet cum dresser is a modern dressing table design that is very thoughtful and practical. What’s better than having your dresser embedded in your wardrobe unit itself? And to have ALL your outfits, makeup, accessories, and everything you need to get ready in the same place? There are several ways in which a wardrobe cum dresser can be arranged! You can have the dressing table in the centre of the wardrobe or on any of its ends. If you opt for a chair or seating stool, you may miss the presence of a full-length mirror. So, in that case, you can install mirrors on the doors of the wardrobes. And you can use the space below the table top to slide in the seating stool or install extra storage drawers. If you want your wardrobe to look uniform and plain, the dresser can be covered with wardrobe doors, something like in the picture below. Tips or pointers you must keep in mind while choosing a dressing table design for your room Make a list of things you want to store on your dressing table – jewellery, cosmetics, bags, belts, keys, stationery, indoor plants, etc. Then decide the size of the dressing table and the number of drawers and shelves depending on that list. Don’t compromise on good lighting. Your dressing table is where you get ready to go to work, parties, etc. And you need a well-lit, bright room to dress up and apply makeup. That makes good lighting imperative. Get in-built bulbs in your dresser, or use fairy lights or lamps. If possible, keep the dresser in a place that gets natural sunlight. You might want to get a dresser with a full-length mirror. After all, it’s quite advantageous. It makes the room look bigger. It allows you to view your complete outfit. And most importantly, it is super helpful when draping a Saree. If you are guilty of keeping your room messy, invest in a dressing table with sufficient drawers. This will help you keep the tabletop free from mess and clutter. Ensure that your dressing table’s colour and design match your room’s vibe. Consider the walls’ colours, the room’s size, and the colour, design, and other furniture. [B-02] Conclusion Now you know the right information about the various dressing table designs. We hope this article has given you more clarity about the designs you need. Whether you choose a retro style, a closet cum dressing table, or a wall-mounted dresser, just be mindful of your requirements and preferences! Also, consider checking out our other blog posts for more helpful content on electronics, fashion, finance, etc. Read more blogs related to furniture, fashion, etc. on the Piramal Finance website. Explore our financial products and services, especially personal loans, credit cards, and financial calculators.

08-11-2023

Wedding

How To Buy Sherwani for Men Online

Shopping for a wedding sherwani is a big task for every bridegroom. There are many different options available at different prices online. You should search for sherwani for men’s weddings on reputed websites like Myntra, Amazon, Ajio and Manyavar. These websites have a good collection of wedding sherwanis from good brands. It is important to pick a good quality outfit for your wedding day to look regal. So while checking for sherwanis for men online, you should also check the reviews for the products. [B-01] Things to keep in mind while buying sherwani for men’s weddings online Apart from checking reviews and shopping at reputed websites, there are a few other things that you need to keep in mind. As a bridegroom, you might get confused after checking out different sherwanis online. You may end up buying something that you will regret later. To avoid such disappointment, follow these tips before you shop. Budget – Have a fixed budget for your sherwani to ensure that you don’t get carried away while shopping. Before browsing online, decide how much you want to spend. You can find many options online, depending on your budget. You can find sherwanis for men’s weddings at high, mid-range, and even low prices online. No matter what your budget is, you can easily get the sherwani of your choice well within it online. So don’t assume that you need to splurge to get a good sherwani. There are plenty of options online for all budgets. Style – Understand the latest fashion and trending designs before you start shopping. Find a style that suits you and makes you feel comfortable. You can opt for traditional, Indo-Western or the latest styles of sherwani for your big day. Designs/Patterns – Check the design or pattern on the sherwani to choose the one that suits your personality. You can also match your bride’s lehenga by buying a sherwani that has a similar print/design. Colour – Most couples opt to match with each other on their wedding day. You can opt to wear similar colours, or you can wear contrasting colours to stand out. You can choose pastels or darker colours for your sherwani to match your bride’s ensemble. A monotone-coloured wedding sherwani also looks good when it is paired with the right accessories. Remember to choose a colour that complements your skin tone and personality. Fit – A well-fitted sherwani will give you a sophisticated look on your wedding day. Most websites with good brands offer sherwanis for men in different sizes. But even if your sherwani is of the right size, it still will not be a perfect fit as it is not bespoke. After buying your wedding sherwani online, take it to your tailor to get it fitted properly. A small alteration here and there will make a huge difference in how you look on your wedding day. Material – Choosing the right material for sherwani for men’s weddings is crucial for comfort. You need to consider the season in which you are getting married while buying your sherwani. If your wedding is in the winter season, then you can buy a sherwani made from thick fabrics like brocade or silk to keep yourself warm. Choose breathable fabrics like linen if you are getting married in the summer. Make sure that you purchase your sherwani in the fabric you are most comfortable with. Weight – Sherwanis for men’s weddings are usually heavy. So, check the total weight of the sherwani before you buy it online. This is very important because you have to wear your sherwani for many hours. A heavy sherwani will make you feel hot, irritable, and uncomfortable on your wedding day. Also, consider the number of accessories you will be wearing and their weight too. Comfort – As a bridegroom, you need to be comfortable and relaxed to enjoy your wedding. Remember this essential point while choosing your wedding sherwani. Instead of buying the latest designs, choose a sherwani that you will be most comfortable in. Decide if you want to wear pyjamas, jodhpurs, or dhoti for your wedding. Based on this, you can select the sherwani of your choice. Storage – After your wedding, you will need to store your wedding sherwani till you decide to wear it again. Some sherwanis need special storage as they are made of delicate materials. If you don’t store it properly, then the designs, embellishments, colours, and cloth might get damaged. So, while buying your sherwani online, check the storage instructions also. This will help you to understand how to properly care for your sherwani after use. Wash care – You must follow the washing instructions carefully to keep your wedding sherwani perfect. Most sherwanis need to be dry cleaned to avoid damaging the cloth or embellishments. Before buying, check the wash instructions, so you don’t damage the sherwani and lose the money you spent on it. Restyling – While buying sherwani for men’s weddings online, you should also check how you can restyle it for other occasions. Choose a sherwani that can be paired with other traditional wear or accessories to give it a new look. This will allow you to reuse your sherwani instead of keeping it in storage. [B-02] Conclusion As a bridegroom, make sure that you stay focussed on what you want to look like on your wedding day. Do not get carried away with the latest trends and buy your wedding sherwani in a rush. Take your own time to shop online after deciding what styles, fabrics, and colours you want for your big day. Always remember that your wedding sherwani will help to create memories that last a lifetime. If you are struggling with your budget for your wedding shopping, don’t stress about it. Just log in to Piramal Finance and check out the different loan options there. You can easily extend your wedding budget to create a memorable day with Piramal Finance. Talk to the experts to find out more details about the different services and loans, such as customised credit card and personal loan solutions, available for you.

08-11-2023

Home

How To Look More Attractive In Latest Pathani Kurta Design?

The kurta is a must-have in the Indian wardrobe. It is available in various styles, from the simple unstitched kurta to the more heavily embellished one. If we talk about recent times, the new look pathani design kurta has become very popular and a must-have garment for any formal occasion. However, due to its intricate cuts and designs, it is not always easy to find a perfect fit. Hence make sure that you select the right outfit that enhances your personality. Now that you have decided to get yourself a Pathani kurta design, it’s time to rock the look. Let us help you to find the best pathani kurta design and ways to look attractive by wearing it. Keep reading to know what a pathani kurta is and how to style it to look chic and elegant! [B-01] What is a Pathani Kurta? A Pathani Kurta is a traditional kurta, also called a tunic. It is equally liked and worn by both men and women in India. Pathani kurtas are generally made from cotton and typically have long sleeves and buttons in front. You can wear it with a pyjama or a salwar. Pathani kurtas are equally popular in Afghanistan, Pakistan, Sri Lanka and Nepal. The name “pathani” comes from the Urdu word “Pathayi” meaning ‘from Punjab’, while “kurta” means ‘tunic’. “Pathani kurtas” are available in various colours and styles. Characteristics of Pathani Kurtas Pathani suit is a combination of three-piece garments, which includes a kurta, salwar and a waistcoat. Waistcoat is optional but if worn, it does add charm to the overall look. Generally, the pathani suits are of the same colour and the jacket worn above them can be in contrast. As fashion evolves, people started combining the pathani kurtas with a pair of jeans, though it didn’t reduce the charm of pathani suits. Pathani Kurta is an authentic Indian-style kurta. The word ‘pathani’ means ‘from the East’, and is typically used to refer to traditional clothing from Asian countries. The traditional Pathani kurtas are made from cotton, silk, or poly-cotton blends. It has been a part of Indian fashion for centuries and is especially popular among men Pathani kurta was designed as an alternative to the traditional dhoti. Today it is very popular among Indian men and is worn by both rural and urban communities across all regions of India. Ways to Style a Pathani Kurta Here are the tips & tricks you would need to look more attractive in the latest Pathani Kurtas: Choose the Right Fabric When choosing the right fabric for the pathani kurta, it is important to consider the following factors: Weather is an important factor, get yourself a kurta keeping the weather in mind. Avoid wearing silk or georgette kurtas in summer. This will also help you decide on the colour. Decide the fabric based on the occasion. For formal occasions choose a fabric with a smooth finish and one with no patterns. You should avoid fabrics that are too thick and heavy. On the other hand, lightweight fabric with a polished finish is best for casual occasions. Decide a budget and finalize how much money you are willing to spend. Choose the Perfect Colour When it comes to the latest Pathani Kurta design, choosing the right colour can make a big difference. The right colour will enhance your overall look and boost your confidence. When choosing the colour of a kurta, consider both the practical and the aesthetic factors. A good rule of thumb is to pick colours that coordinate with each other. The same rule applies to shoes and other accessories. Find the Right Accessory One of the best ways to ensure you look great is to choose the right accessories for your Pathani Suit. Accessory pieces can be a great way to add a pop of colour or pattern to an otherwise neutral outfit. Some people prefer to wear neutral accessories with every outfit while others prefer to mix it up and change accessories based on the looks they are going for. Whatever style you prefer, there are plenty of options out there to choose from. Just keep in mind that if you’re not sure how to match an accessory piece with your outfit, do not hesitate to seek help from an expert before heading out in public. Get the Latest designs Several online stores offer high-quality Pathani kurtas for sale at reasonable prices. By doing a little research, you can find the best one for you and get the best deal. There are many factors to take care of while selecting the latest designs for the Pathani kurta. Firstly, choose the style and appearance of the kurta. Secondly, ensure the quality of a product is excellent. Lastly, you should check if there is a full refund policy in place in case the product does not meet your expectations. With these tips in mind, you can find the perfect new look pathani design kurta to fit your style needs. [B-02] Conclusion When it comes to purchasing a kurta, there are several factors that you can take into account to find the right item. Not only is the right fabric a critical component of any outfit, but you should also make sure that your outfit matches your personality and is in line with your style. Dressing up is an art. With so many references available on the internet and with the help of the tips shared in this article, anyone can master this art. Read more related blogs on the Piramal Finance website, or explore our financial products and services, such as credit cards, personal loans, and financial calculators.

08-11-2023

Credit Score

What is Wishfin CIBIL and How is it Helpful?

The Credit Information Bureau (CIB) maintains a repository of borrowers’ credit information in India. The CIB assists lenders in knowing the risks. A credit score helps lenders figure out if a borrower is financially stable and can pay back debt. Wishfin CIBIL is an official partner of TransUnion CIBIL. It gives CIBIL reports and has over 3.9 crore customers. Based on your score, it also offers you financial products. Also, you can choose the best course of action to improve your CIBIL score. [B-01] CIBIL Score The CIBIL score helps you know your eligibility for loans. It is an index of how well you manage credit. CIBIL stands for Credit Information Bureau India Limited. The CIBIL score is calculated based on your previous loans and credit card usage from the past 36 months. It is a three-digit score ranging from 300 to 900. A higher credit score increases loan ability. It also gives access to premium credit cards and lowers interest rates. Almost 57.6% of the approved loans are for people with a credit score > 800. As much as 22.7% of the approved loans are for people with credit scores between 750 and 799. A CIBIL score above 750 helps with the quick approval of a loan. A good credit score is needed for personal loans without collateral. Credit Score Versus CIBIL Score TransUnion CIBIL is the benchmark for checking your credit health in India. It maintains monthly reports from banks, financial firms, and credit card payments. CIB can track your credit information using your PAN. In India, there are three authorized credit rating agencies: TransUnion CIBIL Equifax Experian Checking Wishfin CIBIL Score Online For Free It is essential to check your credit score before applying for a loan. Lenders check your CIBIL score even before processing your loan application. So approval depends on your credit score. It is quick and easy to get your Wishfin CIBIL credit report online. It is an excellent way to keep track of your monthly changes in credit health. It enables you to check your credit repayment status and ongoing EMIs. Wishfin is free of cost. After you create an account, you can check your credit score by logging in using your registered mobile number. It offers security and privacy to keep your data safe. Wishfin provides two ways to get your credit report in minutes. PAN card: You can visit the Wishfin website or download the Wishfin app (on the Google Play Store or iOS App Store). Fill in your PAN, name, DOB (as it appears on your PAN card), email ID, address, and phone number. After submitting the form, you can download your Wishfin CIBIL report. WhatsApp: Wishfin offers an easy way to check your CIBIL score using WhatsApp. Give a missed call to +91-828751151. You will receive a message from Wishfin in the chat box. Next, you receive questions about your name, PAN, address, and email ID. Respond to these questions to download your latest Wishfin CIBIL report. A good CIBIL report has the following structure: A credit report contains complete data on the credit you have used. For example, credit cards, personal loans, and automobile loans. The CIBIL report has the following sections: CIBIL score: 300 to 900. Personal details: name, PAN card number, DOB. Contact details: All the addresses that various lenders provide. Employment details: annual income. Account details: type of credit, account numbers, date opened, last payment date, current balance, loan amount (records of up to 3 years). Enquiry details: Details of lenders who enquired about your credit details. Improve Your CIBIL Score The CIBIL score is affected by payment history, credit exposure, and credit type and time. For banks and NBFCs, a healthy credit score is a must before considering an application. Take these measures to improve it. On-time payments: always paying the EMI on time improves the score. Reduce the number of loans and credit cards if not needed: pay off higher interest debts. By getting a personal loan with a lower interest rate, you can keep your credit utilization rate in a healthy range. Use balance transfer options: select loans with better interest rates and terms. Using a basic credit card or small loan in the case of no credit history (if the CIBIL score is 0, -1) Credit Limit: restricting to < 40% use of credit limit improves CIBIL score. Multiple credit applications can damage credit scores. They show the ‘credit-hungry’ behavior of the applicant. Requesting frequent increases in credit card limits negatively affects your CIBIL score. Benefits of a Good Credit Score A higher CIBIL score can help you get a higher loan amount and lower interest rates. Income, age, current EMIs, and CIBIL scores influence the approval rate. The pros are listed below: Improved eligibility and loan approval rate. Access to premium credit cards. Lower rate of interest. [B-02] Final Thoughts We hope you now know all about Wishfin CIBIL. If you are planning to apply for a loan, you should check your credit score regularly and maintain a healthy CIBIL score. You can download the latest CIBIL score report online for free using Wishfin CIBIL. Be patient with the steps to improve your CIBIL score. It is a time-consuming process, but the benefits outweigh the effort. To learn more about CIBIL scores and credit ratings, you can take the help of experts at Piramal Finance. Help yourself to the knowledge of wide-ranging financial products and services on their website, especially credit cards and personal loans.

08-11-2023

Home

Reasons Why You Will Not Regret Investing in a Quality Center Table

A center table is a small or medium-sized table usually placed in the center of the living room or balcony seating arrangement. It wouldn’t be wrong to say that a center table is literally the cynosure of the room—the center of all attention! Therefore, it is also a great medium to express your taste in quality furniture. It can be used to keep flower vases, souvenirs, magazines, newspapers, or books. Snacks and drinks can also be served on them. A center table is sometimes also referred to as a coffee table. Here are 4 reasons why you should have at least one at home! [B-01] Why should you invest in a center table? A final touch to complete the setup In the living rooms of most homes, furniture like sofa beds, chairs, and couches are arranged around a center table. In the absence of that center table, there remains a void in the room. A center table is an essential part of the living room furniture set. It gives the seating arrangement and atmosphere of the room a finishing touch while still leaving enough space for people to move around. Your living room is incomplete without an elegant center table, so you must consider bringing one home. An expression of your style As mentioned earlier, the center table is the cynosure of a room. When you enter a living room or balcony with a beautiful center table, isn’t it the first thing you notice? Then, you pay attention to it every time you place your phone, keys, or coffee mug on it. The same happens when your guests visit you! They catch sight of that small, classy piece of elegance, dignifying your living room. It is the heart of your living room setup as it multiplies the aesthetic worth of the room. The table’s colour, style, shape, and size reflect your qualities, tastes, and interests. The table could be simple, swanky, messy, or tidy; the colours could be muted, bright, or pastel—all of these speak about you without you having to say a word. So, a center table of your choice works wonders to give a homely and personal vibe to your living room or balcony. Long-term asset Items of furniture are fixed assets. It implies that furniture is meant to last for many years. If you invest in any good-quality furniture, it will most likely last for over a decade or more. It is also cost-effective. How? Any fine furniture will not require you to spend too much on its maintenance. Within a few years, you will not have to keep getting it repaired or buy a new piece. It is like a one-time investment. Center tables are no different. But this also makes it necessary for you to evaluate all the pros and cons, varieties, prices, and requirements before making an informed choice. You can then purchase a quality center table. Multipurpose functionality A center table has several uses. First, it gives you the ease of putting down any article you are carrying. Imagine you have a heavy or dusty box in your hands and you need to keep it somewhere for a moment. You surely wouldn’t want to keep it on your sofa. But you can keep it on a center table, as it can be easily wiped and cleaned with a cloth. If your center table is not too heavy, you can shift it around for other uses or make space for activities like workouts and dancing. Additionally, you can use it to serve refreshments and drinks to your guests. Sometimes, some guests can use the center table when you have extra guests and your dining room is full. If your table has good storage capacity, you may store some coasters or saucers on it. It can also be used to stack some books and magazines. You can place a box on it to keep your house keys. A center table is also perfect for displaying some of your souvenirs or most prized possessions to your visitors. It is very versatile. This makes it a “must-have” piece of furniture. Center Table Design Ideas This is a contemporary center table design that has enough storage options. This wooden center table is small, simple, and pretty. It also has good storage. Quite similar to the previous one, this one comes with panels. It is best for when you need to quickly tidy up the house and hide the mess from guests! This one is a modern and fancy center table design made with marble. It is best suited to complement a similarly styled sofa set. A simple yet very stylish design. This one is a practical and creative center table design. It comes with cushioned stools to sit on. So, you get four extra stools without them taking up too much space in the house. [B-02] Conclusion Getting a center table for your home is a brilliant idea. Once you step out into the market, you will come across countless options to choose from. They vary in terms of shape, size, colour, design, theme, the material used, price, and quality. Ensure that you choose a center table design that does not seem out of place in your living room, balcony, or backyard. It must align with the colour of the walls; the colour, style, and design of the remaining furniture; and the overall environment of the room. Above everything else, it must meet your needs in the best possible way! You can stay rest assured that it is a piece of furniture that will never disappoint you. It is durable, multifunctional, and classy. Need some help financing your new furniture this festive season? If this is the case, Piramal Finance is here for you. Visit the website to find personal loans and financing options best suited for you.

08-11-2023

Credit Score

How to Maintain a Good Credit Score?

There are thousands of people in India with low credit scores who don’t know what their options are and can’t raise their scores because of it. First-time credit users must realise that their credit score is the bedrock of their financial well-being. The average person has likely heard much about the CIBIL score but may not fully understand it or why it matters. Negative credit history can hurt a person’s finances. People with good credit should be careful and check their credit reports often because even a good credit score can go down if the credit bureaus get the wrong information. So, let’s start by learning about CIBIL, then about CIBIL score and how to improve it so that it’s easy for everyone to get credit. [B-01] Why Is a High Credit Score Important? By keeping a good or great credit score, you can save tens of thousands of dollars throughout your life. If you have good credit, you can get lower interest rates on mortgages, cars, and other loans. Banks are more likely to compete for the business of consumers with higher credit scores because they represent a lower risk to the institution. In contrast, businesses can get away with charging higher annual percentage rates (APRs) to consumers with poor credit ratings since fewer lenders are willing to work with them. And because your credit score affects your insurance score, it can also make it hard for you to rent an apartment, rent a car, or even get life insurance. What exactly is a CIBIL score? A person’s credit score is showcased by a CIBIL score. Simply put, this is a three-digit number that will show their credit profile and loan history. This is based on prior loan behaviour, such as how often they take loans and how timely they repay their loans. CIBIL score is derived from the reports issued by the banks regularly. Methods to Improve CIBIL Rating Never Delay Payments Your CIBIL score will go down if you don’t repay loans or credit card EMIs on time, so you should avoid this at all costs. Auto-pay, reminders, and a monthly to-do list can all help you make your payments on time. Check Your CIBIL Score This is by far the most crucial component in determining a credit score. If a person suspects that there may be errors or misleading data on their credit report, they can check so by requesting a copy of their credit report. Individuals may file a dispute if they discover an error in their name or address or if their new address has not been updated. Keep Your Credit Utilisation Ratio Consistent A borrower should never use more than 30% of his or her available credit at any given time. To hit this target, you should spread your spending over various credit products. Reducing your credit usage ratio is one of the best ways to build and keep a high credit score, which can lead to better financial opportunities down the road. Manage the Proportions of Various Types of Credit Personal loans, business loans, and student loans fall under the category of unsecured borrowing and are often cited as the primary cause of a low credit score. As opposed to secured loans like a mortgage or car loan, the risk associated with unsecured loans is substantially higher because of the lack of collateral. It is recommended that a person always choose a mix of credit cards as the risk component is balanced, offering a better credit score. Avoid Asking Repeatedly You should avoid applying for many loans at once, making you look desperate. When applying for a loan, a credit check will be run. Repeatedly asking for loans sends a bad message to financial institutions, which makes it more likely that the applicant will be turned down for a loan. Don’t Max Out Your Credit Card Don’t go as far as using up your available credit as doing so can hurt your CIBIL score. But, if the monthly payments are too high for the amount of credit available, one could talk to the bank about raising the credit line. Keep Your Existing Accounts Open It’s never a good idea to sever ties with a financial organization that you’ve been doing business with for a while, such as a bank or credit union. When you cancel an old credit card or bank account, the information is removed from the bank’s files and can negatively affect your credit score. Keep An Eye On Loans You’ve Cosigned It’s your responsibility to monitor any loans you’ve co-signed for. Sometimes the borrower cannot repay the loan due to unforeseen financial circumstances. The only thing that suffers when payments are skipped or delayed is your credit score. Make Use of Some Form of Credit Without a credit history, borrowing in one’s name can be difficult. They may be able to get a loan, but the interest rates will be hefty. Keeping a credit history and working toward a 750-credit score may necessitate using a credit card. Most lenders approve borrowers with 750+ credit scores. Before applying for a loan or credit card, consider these methods to get lower interest rates. These steps may slowly raise a person’s credit score. [B-02] Conclusion Raising your credit card CIBIL score requires a shift in your financial mindset. Don’t let your credit card bills go unpaid by checking in on them regularly. One sure-fire method of enhancing one’s credit rating is to make timely bill payments. Consult a professional organisation, such as Piramal Finance, if you have any doubts. See if you qualify for their free credit report service. The EMIs and monthly loan payments can be figured out with the help of their specialists. It also provides various financial services to its clientele, including business loans; micro, small, and medium business loans; collateral-free business loans; personal loans; term loans; online business loans, etc.

08-11-2023