While converting big spends on your card to EMIs, always look at total costs to get the best deal.
With credit card companies keeping limits high, many people are tempted to go for high-value purchases on credit using the cards. Often enough, the total dues are also not cleared by the due date and the card holder has to opt for either revolving credit or convert the outstanding into EMIs. Now, if you can clear the dues by the second due date, then revolving credit may not be a bad idea, but if you do not expect to complete repayment in the near future, EMI is always a better option. “Technically, the entire outstanding balance on the card (and not just a particular purchase) can be converted into EMIs.Banks charge a monthly rate of interest on converted transactions,” says Aditya Kumar, founder and CEO of Qbera.com.
Denne historien er fra July 01, 2019-utgaven av India Today.
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Denne historien er fra July 01, 2019-utgaven av India Today.
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Killer Stress
Unhealthy work practices in Indian companies are taking a toll on employees, triggering health issues and sometimes even death
Shuttle Star
Ashwini Ponnappa was the only Indian to compete in the inaugural edition of BDMNTN-XL, a new international badminton tourney with a new format, held in Indonesia
There's No Planet B
All Living Things-Environmental Film Festival (ALT EFF) returns with 72 films to be screened across multiple locations from Nov. 22 to Dec. 8
AMPED UP AND UNPLUGGED
THE MAHINDRA INDEPENDENCE ROCK FESTIVAL PROMISES AN INTERESTING LINE-UP OF OLD AND NEW ACTS, CEMENTING ITS REPUTATION AS THE 'WOODSTOCK OF INDIA'
A Musical Marriage
Faezeh Jalali has returned to the Prithvi Theatre Festival with Runaway Brides, a hilarious musical about Indian weddings
THE PRICE OF FREEDOM
Nikhil Advani’s adaptation of Freedom at Midnight details our tumultuous transition to an independent nation
Family Saga
RAMONA SEN's The Lady on the Horse doesn't lose its pace while narrating the story of five generations of a family in Calcutta
THE ETERNAL MOTHER
Prayaag Akbar's new novel delves into the complexities of contemporary India
TURNING A NEW LEAF
Since the turn of the century, we have lost hundreds of thousands of trees. Many had stood for centuries, weathering storms, wars, droughts and famines.
INDIA'S BEATING GREEN HEART
Ramachandra Guha's new book-Speaking with Nature-is a chronicle of homegrown environmentalism that speaks to the world
