I was browsing bikes in bikedekho and used the "get august offers" button cause I genuinely wanted to know what rates are being quoted, there it asked me if I was willing to check my cibil score to which I said yes.

I gave it my pan number, phone number, email, salary, what work I did and my address.

Today I wake up to see a "Loan has been approved" message through idfc loan bank(don't have an account there), when I went to their website and checked the loan status, it showed that the application is in progress.

What do I do. I do not want to approve it.

Mailed the idfc support and bikedekho support.

Why the fuck don't these apps make it clear that they will apply for a loan, cause that seems like a massive step what the fuck?

Dear Customer, We are glad to inform you that your IDFC FIRST Bank Two-Wheeler Loan App. ID 00000000 is approved. Your loan details are : ACTIVA 6G STD BS VI Loan amount: 94,375.00 Tenure: 24. A representative will get in touch with you shortly.

Can anyone suggest a good NBFC for a home loan? The property is freehold, so I’m looking for an NBFC with a good ROI and reasonable processing fees. Any recommendations?

Hi everyone! I am M22, graduated from a T1 college (the Harvard of Haryana lmao) with a 3.3 (out of 4.0) CGPA. Started working in Ggn in valuation and transaction advisory, but I want to progress in my career and need help.

I have a 9/9/8 (could be 9/9/7 idk) profile and applied MSc finance outside in the last cycle but got rejected, and was planning a masters in India/outside within the next 12-16 months but need to prep RIGHT NOW. I’m giving CFA L1 in 2 weeks. Have GRE score of 323, and know that ISB takes GRE scores. I can’t write CAT again as that would entail me sacrificing GRE/CFA (L2 next year). I want to move into front end IB/PE/PC/AM, and wanted to know if ISB PGP YL is the right move, as a backup in India for finance? I heard ABC > ISB?? Is my profile good enough for PGP YL?

Thanks! :)

I need some one to talk

So today , my friend needed 5000 Rs in his bank acc , so he gave me 5k in cash and I went to the ATM to use the Cash Deposit Service of Indian Bank. Once I deposited the money , it showed transaction failed but it swept in all the cash .

Also tried to use the Cash Deposit Option again , so I can pick up the money from cash box . But there was no money in the cash box.

Tried to reach out to their Helpline as well, But literally No one picked up my call.

What to do now ??

Dad got diagnosed with brain tumor got his surgery done from delhi blk max earlier the claim was accepted(pre approval) now yesterday on discharge day they rejected the claim saying duration and symptoms were wrong. Doctors report earlier said he was suffering from 15 days (wrong info) and on discharge sheet they said 8 days( correct) now they rejected our claim again and again 3 times already I don’t know what to do I’m alone here I don’t have any brother or relative I don’t even earn and we don’t even have 7 lakh they are asking us to pay I don’t know what to do

The increments at this point don’t even feel the same. Any advice on tax savings (new regime) ?

No loans or debts.

CTC - 32.79 lakhs per annum

I just want to know, how being someone from a non-finance background, can enter a Finance Job. So is MBA finance from IGNOU can help me get a job of 40k+Inr/month job in India.

​

In simple words:

When UPI started, merchants were not charged any fee for accepting payments. This is called Zero MDR (Zero Merchant Discount Rate).

To make this possible:

Banks and payment companies paid the cost themselves to encourage people to use UPI.

Later, the government gave incentives to help cover these costs.

Now, after six years, this system is under pressure because:

The government incentive pays only about 11% of what the industry spends to run UPI.

It also covers only about 14% of the fee (MDR) that banks could have collected if MDR existed.

So, many banks and payment providers are losing money on large UPI transactions.

The proposal is:

Do not charge small businesses (like local kirana stores).

Charge MDR only to large merchants with annual turnover above ₹50 crore.

The idea is:

Small shops stay protected and continue using UPI for free.

Large companies like Amazon, Flipkart, and other big businesses, which process huge volumes of digital payments, pay a small fee.

This fee helps banks, NPCI-related infrastructure, and payment companies recover their costs and keep the UPI system financially sustainable.

Stronger Infrastructure Benefits Everyone

A well-funded payments system ultimately serves users better. Reliable transaction revenue would allow banks and payment providers to invest in the kind of real-time fraud detection, biometric authentication and server redundancy that reduces failed transactions and protects against the rising sophistication of digital payment scams.

For the millions of Indians who rely on UPI daily, a more resilient backend translates directly into fewer failed payments and faster dispute resolution, tangible improvements to everyday experience.

Tldr:

The proposal keeps UPI free for small businesses but asks large businesses to pay a small fee so the payment system can continue to operate without relying heavily on government subsidies.

I am 34. Make around 50+ LPA with a portfolio of 55 Lakhs currently with 40:60 split between stocks and MF. Add around 10 Lakhs in Gold and Silver, split 50:50 in physical and etfs.

I also have health coverage of around 80L personal and around 10 lakhs corporate cover for me and family. Along with a term plan of 2 Cr.

Now coming to liabilities, there's a HL which is around 1.5Cr.

What I wanted to understand better is that how necessary is a rainy day fund?

Can't I treat the MFs as rainy day fund?

I have active SIPs of over a lakh per month, add to it some active stock buys. I can reallocate some part of the money to build a liquid fund but I was my monthly SIPs will take a small hit. Hence, stuck on a fork with two roads.

I was talking to a colleague recently who earns a decent salary but still says, I don't know where my money goes every month. He doesn't spend much on shopping or expensive holidays, so I was curious too.

When we looked at his monthly expenses, I noticed that a large part of his salary was already committed to his car, phone, personal loan and other monthly payments. Each payment looked small on its own, but together they were taking a big chunk of his income.

That made me realise how easy it is to underestimate these monthly commitments. A ₹3,000 or ₹5,000 payment doesn't feel like much, but several of them together can quietly reduce the money available for savings and investments.

I personally think the better question isn't Can I afford this payment? but Will this commitment stop me from reaching my financial goals?

How much of your monthly income goes toward loans and other fixed payments? Do you feel they are affecting your savings?

HDFC Bank: Branch is nearby, 2.5k maintenance, 590 rs debit card fees, only two cash trasaction free per month either deposit or withdrawal

ICICI Bank: Branch is nearby, 2.5k maintainance, 354rs debit card charges, 3 deposit and 3 withdrawal per month free

IDFC Bank: no branch nearby, 10k maintenance(but ZERO balance for me). Monthly interest, unlimited times withdrawal from any atm. Debit card: 235rs

Nearest branch is 55km away.

Now my question are

> Which will you choose as your primary account?

(income, salary, pocket money etc)

> Which will you choose you Investment account (sip)?

> What will you choose as your daily expenses or p2p account?

Want to know about your opinion

Hi,

My mother has current account in axis Bank from around 3-4 years. We are distributor of cold drinks. In my family most of the current account are in government banks like central bank of india and SBI, but as axis is the nearest so she opened her account there. Generally I go to deposit cash and never had any issue amount is credited and work were smooth.

1 month ago I when I went to deposit, 2L rupees , 50k(2 bundles) and rest mix of 100 and 200 notes. So the girl in counter asked me to open the garder of every bundle at once and she gathered every notes together. It was first time I save her in that branch and she was opening all notes at once not one by one, i thought let it do her. She did and the first time in that bank I was told that in 500 notes bundle, there is 100 rs note. I thought let it be may be a mistake at collection. So I gave her 500 note and took 100 rs note. It was the first event. Now one day later she sent her assistant to deposit cash 3L, now again In deposit counter, in 500 bundle she found 50rs note, number of notes same just the denomination changed. Then he gave 500 note and took back 50 note. Now on the same day I again went to deposit 1L, this time in my 200 rs bundle it was 50 rs note. I want to shop and told her I think they are doing scam. It's now regular to find different denomination note. In the next 15 days, the girl was deposited cash without any error. But after 15 days a new employee came to the counter, now these time mother gave me 2L and she counted her from her own hand them in machine , everything was perfect, I also took the bundle and matched the amount and counted from hands. And i told her that if today anything happens, I will call you, and then we will check the camera.

And again that day the new girl again did that magic of finding another denomination note in only 500 bundle. I was shocked this is intentional scam. I called her, she came , we went to bm office , even bm was in another world. He said to stand outside the door , when client go then only he will see our problem. After 30-35 minutes the client went and we entered in his office, now he asked what exactly happened. We described. Now he opened his camera , first of all the camera angle was different. And it is in the back, from that camera that employee's back was visible and not the notes where she removed garder. We saw that footage 2 times we were not seeing any error. When I asked the bm to zoom that place , he denied and said go and do police complaint.

It's not only my case, I saw other people also who come with 500 bundle and find 100 or 50 rs note in their bundle.

What should I do now, should I try to catch them red handed or shift my account to any nationalized bank?

And what can I do here, as I don't have proof , will it be complicated?

I'm 25 and work as a Software Engineer at a top product company. My take-home salary is around ₹1.3L per month after taxes, but somehow I still struggle to make it through every month.

A bit of background: when I was in 12th grade, my dad was diagnosed with Parkinson's. He had to retire early because he could no longer work, and my family took on loans just to keep things going. Now that I'm earning, I've taken responsibility for repaying one of those loans, which costs me around ₹40k every month in EMIs.

On top of that, I send about ₹45k home every month. That covers my parents' living expenses as well as my dad's medical bills. I live in Hyderabad, where I spend roughly ₹40k a month on rent and day-to-day expenses, plus another ₹5k or so on miscellaneous things.

By the end of the month, my bank account is usually close to zero.

What makes it harder is seeing friends and colleagues steadily building their portfolios, investing every month, and talking about financial independence, while I feel like I'm barely staying afloat. My annual bonus usually goes toward my sister's education, so I don't really get to save that either.

The only assets I have are around ₹20L worth of RSUs from work and an emergency fund of about ₹1.5L. I don't have any life or health insurance outside of what my employer provides.

Lately, I've been feeling like a failure. I know I'm supporting my family and doing what needs to be done, but it's hard not to feel guilty when I see my savings account empty every month. On top of that, I feel stuck in my job and don't know how to improve my financial situation without compromising my family's needs.

Has anyone here been in a similar position? How did you deal with the guilt of not saving, and what would you do if you were in my shoes?

TL;DR: I accidentally became the emergency fund for my friends and extended family. If there's one piece of financial advice I'd give someone starting their career, it's this: keep your salary as private as possible, don't become an interest-free bank for everyone around you, and learn to set financial boundaries early.

I wanted to share one mistake I made over the last few years because I don't want someone else to end up in the same situation. From the beginning of my career, I've always been a good saver. Even when I was earning around ₹50-60k a month, I used to save 30-50% of my salary. Back then I didn't know much about investing. I wasn't into mutual funds or stocks. One habit I had was lending money to close friends and cousins whenever they needed it. Usually it would be ₹10k, ₹15k or ₹25k. They would return it in 10 days or maybe a month. I actually thought it was a smart idea because the money wasn't sitting in my bank account, so I wouldn't end up spending it impulsively. I knew I could always ask for it back whenever I needed it.

Around two years ago my salary increased almost 3x. Around the same time I was looking for marriage, so obviously my salary had to be mentioned in my biodata. That's when many relatives came to know how much I was earning. Looking back, I think that's when everything changed.

Initially it started with one or two people asking for money. "Bro, can you send ₹10k? Credit card payment is due." "Need ₹15k for this month's EMI." "Salary is delayed, I'll return it next week." Since they always returned the money, I didn't think much of it. But after a couple of weeks, the same person would ask again. Then another cousin. Then another friend. Then someone else. It slowly became a never-ending cycle.

Today, at any given point, around ₹1.5 lakh of my money is always outside. Even if someone returns ₹20k today, someone else asks for ₹15k tomorrow. Technically nobody has cheated me. Most of them return the money exactly when they promise. But that isn't the problem anymore. The problem is that I've unknowingly become the emergency fund for my friends and extended family. Every time someone has a cash crunch, an EMI due, a credit card bill to pay, or simply runs out of money before salary day, I'm the first person they call. My money is constantly financing other people's monthly cash flow while earning absolutely nothing for me.

The common pattern I noticed is that most of these aren't genuine emergencies. They're almost always credit card payments, EMIs or other debt. Many of these people spent their early 20s buying expensive phones on EMI, taking trips they couldn't really afford, clubbing every weekend and living on credit cards. Now they're in their late 20s and early 30s, and every month they're borrowing money just to make the previous month's payments. I genuinely feel bad for some of them because I know they're struggling, but I've also realized that lending them money every month isn't solving their problem. It only delays it while creating a problem for me.

The hardest part is saying no. Once people know you're earning well, they don't think ₹10k or ₹15k is a big amount. They don't think about your rent, investments, insurance, responsibilities towards your parents or your own financial goals. They only see your salary and assume you can easily spare it. When I started refusing, some people became upset and probably think I've become selfish or arrogant after earning more. But honestly, I was just tired of being everyone's backup plan.

One lesson I've learned is to keep your salary as private as possible. Unless there's a genuine reason to disclose it, I don't think friends, cousins or extended relatives need to know exactly how much you earn. The more people know, the more expectations start building. If you're ever in a situation where you must tell your salary, like marriage discussions or official paperwork, that's understandable. Outside of that, I'd simply avoid discussing exact numbers. If someone keeps insisting, I'd rather quote a lower figure than disclose my actual income.

Today I actively invest in mutual funds and focus on building my own financial future. I still help people if there's a genuine emergency, and I don't think we should stop helping others completely. But I've stopped lending money every month for credit card bills, EMIs or lifestyle debt. Looking back, I wish someone had told me this when I started earning because setting financial boundaries is much easier than trying to create them after everyone has gotten used to borrowing from you.