After working over two decades in the finance sector, Kumar Binit, CEO and Co-founder, FinMapp, realized something was lagging in the approach of an average Indian towards financial planning. "When I started my career, although I was working in a bank, I didn’t exactly know how impactful and necessary the...

7 Tips to enhance your credit score and become creditworthy A good credit score is a doorway to get a wide spectrum of loan & credit card approvals. But to open the line of credit, you need to build a credit history the right way. It may appear challenging to...

Exchange-Traded Funds (ETFs) and Index Funds are both investment vehicles that aimto track the performance of a specific market index, but they have some differences intheir structure and characteristics. Here is an overview of the key differences betweenETFs and Index Funds: Basis of comparison Exchange Traded Funds Index Funds 1....

In today's fast-paced world, managing your finances has become more crucial than ever. As the cost of living continues to rise and unexpected expenses crop up, many individuals find themselves burdened with various forms of debt. Whether it's credit card debt, student loans, or medical bills, dealing with debt can...

We know your health matters, and we’re pretty sure you do your best to keep it in the most optimal condition.   But what about your financial state, or more specifically, your “Financial Health Check”?   Puzzled? Well, let us give you a lowdown on why good financial health is...

Grievance Redressal Procedure: FINMAPP Grievance Redressal Escalation Matrix: FINMAPP Level 1: To redress their grievances, applicants/borrowers may write into support@finmapp.com or call on customer care no. +91-9289028701 or directly raise through Finmapp application.The customer will receive an acknowledgment/response immediately with the ticket number. Level 2: If you are not satisfied...

What is BNPL?You can make a purchase using the Buy Now Pay Later (BNPL) payment option without having to use your own money. Typically, you sign up with a business that offers this service, and that business collects payment when you make a purchase.However, after the lender makes a payment...

Buying a home has varied meanings for different people. The house becomes a place where we commemorate life's significant events. Our homes provide a haven for us to keep our belongings, create memories, and share meals with friends. There, we raise our children, rock our grandchildren, and live our lives,...

Digital Gold... Are you familiar with this term? If you’re reading this, and are from India, then there’s a high chance that you know what the value of gold is.For Indians, gold is more than just an investment; it also has a legacy that no other precious metal does. In...

CAGR vs XIRR vs Absolute Returns? As an investor putting your hard-earned money into the hands of mutual funds managers obviously requires some homework on your part too. You need to spend some time understanding the answers to these key questions What is the legacy of the AMC(Fund house ),...

What is an exchange traded fund and how does it work? Exchange Traded Funds I always feel: The world of finance has many investment options to offer, but you first need to identify your goals and the kind of risk you are willing to take. Once you have identified your...

What Is National Pension Scheme & How to Invest In It? If you are looking for a BETTER return along with an instrument to build a corpus of considerable size for retirement, with complete tax exemption (Exempt, Exempt, Exempt) on maturity, National Pension Scheme is your true mate. “National Pension...