Are you also waiting for?

Hey everyone! Are you also waiting for

NetBanking

  • Eagerly
  • Not necessarily excited

0 voters

Credit Card against FD with attractive ROI and offers
(or may be against pots fd with 1 year locking period and auto renew)

  • YUPS
  • Not so much

0 voters

Just checking how many of us wanted to see these features asap.

3 Likes

FD pe intreste km hoga to bhi chalega :stuck_out_tongue_closed_eyes:

(Seh lenge thoda)

Minimum 6.5%pa. (ye sehne ki bajay pnb rupay or icici platinum consider krna badhiya hoga)

3 Likes

is credit card is in progress is backhend

Credit Card/ Lending services
It's already in build mode 🛠️
2 Likes

The problem with FD based cards is the limit. Theoretically you can have 100% of the limit but practically for cibil score building you have to hold back and spend 25-30% at max.
So with 20000 FD you will get an usable 5000-6000 limit. To increase the limit you need to increase the FD amount.
If jupiter could offer increasing limits like 150%-200% based on repayment history, credit score, risk profiles ,etc then it could be a very good deal.

2 Likes

Before bill generation, we could use almost 90% of the given limit. I do the same I utilize the limit but pay the amount before bill generation and reduce it to below 30% (credit utilisation below 30% is necessary to maintain) to be billed. But the only problem with this is that we cannot do Emi conversions with these cards and we cannot enjoy full interest free grace period.

4 Likes

Yes you are right i agreed.

4 Likes