August 8, 2022

How To Get Reminders For Your Vi Postpaid Bill Payment?

Jul 27, 2022

If you ever plan to get a Vi postpaid connection, you better understand the importance of paying your bills on time beforehand. Because once you’re in it, you wouldn’t want to miss the due date. And if you do miss it, that results in a late payment charge. And we all know that nobody likes paying fines.

Our friends who already have a Vi postpaid SIM very well know what we’re talking about. Paying those late charges ain’t no fun. So, make it a point that your Vodafone bill payment aka your Vi bill payment is done on time. To do so, it might be crucial to get timely reminders. And today, that’s what we’re here to talk about.

Set A Reminder On Your Phone

The easiest way to remind yourself of your due date is by keeping reminders on your phone. So, when it’s the end of the billing cycle and the time for you to make your Vi postpaid bill payment has come, you’ll get reminders on your phone to ensure that you pay your dues on time.

For this, first, you ended to understand your billing date. Usually, you get your postpaid bills on the exact same date every month. So, keep a reminder on that date, and then keep another reminder after a few days, just in case you forgot or couldn’t do it the first time, then keep a final reminder a day before the due date. That’s it, you’re sorted for every billing cycle.

Get Reminders Via Payment Apps

Now, if you don’t trust yourself with mobile reminders or need a more regular, firm reminder regarding your postpaid bill payment, then try paying your bills via payment apps. They usually send multiple reminders between the bill generation date and the due date.

For example, our favourite platform for Vodafone bill payment aka Vi bill payment is Airtel Payments Bank. And this is not just because of the lucrative offers you can find on the platform, but also because of the ease and safety of transactions, combined with regular reminders for bill payments and recharges.

All you have to do is pay your Vi bill once via Airtel Payments Bank, and then onwards, every month, you will get multiple reminder notifications right from the moment your bill is generated. You can also use Airtel Payments Bank to do your Vi recharge online.

Setup Auto Pay On Your Payment App

Now if you’re someone who despite multiple reminders ends up missing your last date due to one reason or another, Auto Pay might be the only solution for you. Auto Pay is exactly as it sounds, it automatically pays your postpaid bills every month, ensuring that you never miss a due date.

All you have to do is activate Auto Pay from your Vi app or website. For this, first, provide your Vi mobile number and credit card that you wish to charge for every bill payment. Now, set up a standing instruction. That’s it, from the next billing cycle onwards, your registered card will be automatically charged for your Vi postpaid bill amount.

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Eligibility Criteria and Documentation Process for a Home Loan

Jul 8, 2022

It’s essential to meet the eligibility criteria for a home loan and provide all the required documents to show your reliability and satisfy the lender. But before that, you need to assess your creditworthiness yourself. For that, ensure to have a credit score of or above 750. It can also help you get industry-best housing loan interest rates.

Steps to Take Before Checking Eligibility Criteria and Documents Required

First, you need to choose a reputed lender and see the home loan benefits it offers. A top lending bank offers these benefits:

  • Tailor-made loans with basic documentation
  • Higher eligibility for salaried and self-employed applicants
  • Digital process for loans up to ₹5,00,00,000 and repayment tenure up to 30 years
  • Lowest home loan interest rates
  • Up to 100% top-up at the same rate as that of balance transfer
  • An additional top-up facility according to your repayment track record
  • Balance transfer from all NBFCs, HFCs and banks
  • Legal report waiver for balance transfer from leading NBFCs and banks

Eligibility Criteria to Apply for a Home Loan

You must meet the eligibility criteria specified by the lending bank to qualify for a home loan. So, check the criteria on the official website of the bank and make sure that you meet the same.

At some banks, the eligibility criteria for self-employed borrowers are:

  • They should be Resident Indians only.
  • Their age must be between 23 and 70 years.
  • They must be running their businesses for at least 4 years now.
  • They should earn at least ₹1,50,000 per year.
  • They must choose a loan tenure between 12 and 300 months.

For Salaried Individuals:

  • They need to be Resident or Non-Resident Indians.
  • Their age should be between 21 and 60 years.
  • They must have at least 3 years of corporate experience
  • They should earn at least ₹1,00,000 per year.
  • They must choose tenure between 12 and 360 months.

Once you meet the eligibility criteria, you can go ahead to apply for the loan. Ensure to choose a suitable tenure within your eligibility on a house loan calculator to prevent your application from being rejected.

Documents Needed to Apply for a Home Loan

Wondering, what documents are required for a home loan application? You usually need to submit the following documents:

  • Valid identity proof
  • Valid address proof
  • Valid business proof (for self-employed applicants)
  • Valid income proof:
    • For salaried applicants: Bank statement for the last 6 months, Form 16, the latest ITR or salary slips of the last 2 months
    • For self-employed applicants: Credit card statements or bank statements for the last 6 months, GST return, P&L statement, balance sheet or the latest ITR
  • Valid property proof:
    • Photocopy of chain title documents and draft sale deed, if any
    • Possession/allotment letter
    • A No Objection Certificate from the society and any other documents based on a legal report

Usually, the higher your eligibility, the higher the loan amount you can borrow and the lower the housing loan interest rates you can avail yourself. If needed, you can try boosting your eligibility by adding a co-applicant with a good credit repayment record.

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The Methods of Repairing Your Credit Rate

Jul 6, 2022

There are various ways you can adopt to change your credit history. If your loaning structure is weak and you are known to have a damaged or a poor credit score, typically which is lower than 670, it is considered to be bad. This is something that can hold you back from the things you need. You can take a loan to buy a car, or you can even borrow money to buy your dream home. In this situation, if your credit score is not desirable, it is necessary to learn more and fix up your credit history as required. You can check it out this time and learn well about how you can improve your credit rating.

Checking the Credit Report 

You can correct the source then and have the standard and the proper credit score. The first thing you need to do is to check your credit report and credit score. The credit report that you have will include the details regarding how you have used the credit in the previous ten years. You can hop over here and get to the right place where the reports will be checked by the experts. In this scenario, you can get free weekly credit reports, and there are methods to calculate the credit score you have.

Fixing the Disputes

You can check these guys out and learn how to fix the disputes and the problems that are present in the report already. If the credit report has more than five percent errors, then it will not be possible for you to get a loan in time. If the errors persist, then the loan that you will take will cost you loads. So, once you know that your credit score is good, you should also look for the errors that you can fix and have a credit score that is faultless and perfect.

Making Perfect the Credit Score   

You can visit the site and make use of helpful resources to make perfect your overall credit score. When you are paying the bills on time, your credit score remains fixed and proper. If you want to mend your credit, you need to pay the monthly bills on time. You need to face this challenge in paying the bills on time, and in time you are sure to get the right output. You must pay the medical bills on time, and you can contact the office to keep the bills correct and updated.

Dealing with the Utilization Ratio 

If you want to keep your credit report apt, you must maintain the credit utilization ratio, and it should be under 30%. The utilization ratio is measured by comparing the balance on the credit card. There are lenders to make use of the ratio to make an evaluation to help manage the finances. A ratio of more than 0% and lesser than 30% is considered to be good. You click this site and know things that can help enhance the credit rating with all positive traits and measures. This is how you can hold on to an effective credit score and streamline things using the right attributes.

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