Managing one's personal finance is quite possibly one of the most challenging tasks for people these days. And, it's not just the typical out-of-college youngsters that are afflicted by this condition, even the veterans who have been working for years tend to struggle with this. Besides, poor financial planning will lead to overspending and subsequently towards debt traps, which many are ill-equipped to deal with. While there are thousands of smartphone apps that help take care of this, not all of them actually offer what you're looking for. And, that's where the Bankbazaar app steps in - to declutter your finances in one fell swoop.
What's the Bankbazaar app and what exactly does it do?
The Bankbazaar app is a free smartphone application designed by Bankbazaar.com, one of India's pioneering FinTech company. This app, first and foremost, helps people compare various credit cards, loans and fixed deposits offerings and apply for them with minimal fuss. Besides this, the app is also filled with various handy features that allow you to keep your finances neat and tidy.
Here are some of the key features of the app explained in detail:
Apply for a Credit Card: The app allows you to compare various credit cards offering by almost every bank and financial institution in the country and apply for the one you like.
Apply for a Home Loan/Personal Loan: You will find a list of offers from a number of banks and the interest rates they are offering. The app allows you to compare all the offers and apply for the one that you find suitable.
Get a Car Loan: Planning to buy a car? The app lists all the car loan offerings which you can analyse and apply for.
Fixed Deposits: With the wide range of Fixed Deposits options available on this app, get risk-free returns with the instant paperless fixed deposits.
Apart from the ones mentioned above, this app comes up with amazing personal finance features which help you gain general financial information and also allows you to keep track of your finances:
Personal Finance Management: One of the most important features of the Bankbazaar app is the Personal Finance feature. This basically helps you keep track of your bank balance, credit card debt (if any), bill payment reminders, and many other important tools. It lets you - 'Track Better, Plan Better and Save Better'
Credit Score: Every bank checks your credit score to determine whether you have a good track record when it comes to paying your EMIs. The Bankbazaar app is tied up with Experian - a leading Credit Information Company (CIC), which offers you a free credit report, which you can use before applying for a loan.
EMI calculator: Whether you want to take a home loan, personal loan, or a car loan, you'd obviously like it if you knew the EMI amount you'd be shelling out. The EMI calculator on the app helps you achieve that. All you'd have to do is type in the loan amount you're looking for and the interest rate that you're likely to be offered, and the tenure you want. You will get a graph which shows the EMI you will be paying and the total interest you'd pay to complete the loan.
IFSC Codes: Having trouble with finding out the IFSC code while doing bank transactions? This app helps you find IFSC code of all the leading banks in India.
Gold, Silver rate: There's never really good or a bad time to invest in gold. So, if you are looking to make a fresh purchase, the app will give you the day-to-day change in gold/silver rates for almost every tier-1, tier-2, and tier-3 cities in the country.
Fuel Rate: Find all the latest petrol and diesel prices in and around your city. Make sure you plan and manage your long drive trips with ease.
Finance 101: Stay abreast with all the latest finance news and tips. You will receive timely tips and reminders on some of the best finance tips you can make in your life.
To sum it up, the Bankbazaar app is the best app to give you everything you will ever need to not just manage your finance, but also to improve your knowledge of things.
Manage all your Personal Finance planning with ease only with the BankBazaar App - DOWNLOAD NOW!