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5 Best Premium Credit Card in India

Credit Cards

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September 27, 2017

People with a Premium lifestyle prefer Premium Credit Cards. Premium Credit cards are made to provide extraordinary premium services. High income and high spending are requirements for premium credit cards. If you have a high income level and capacity to spend more money here are the 5 best premium credit cards for you. These credit cards provide exclusive offers on lifestyle and travel.

Also Read – Best Credit Cards in India 2018 – Review & Comparison

5 Best Premium Credit Cards in India

#1.HDFC Regalia Credit Card

HDFC Regalia Credit Card is Best Super Premium Credit Card I have ever seen. This card offers world-class privileges and saving opportunities. In addition to that, you can avail other complimentary benefits. Key features and benefits offered by HDFC Regalia Premium Credit card are given below.

Key Features and Benefits –

Complimentary Vistara Silver Membership
Exclusive dining privilege up to 15% discount on premium restaurants
Travel Concierge Services
Airport Lounge Access
Exclusive Reward Program
Comprehensive Travel Protection in association with HDFC Ergo General Insurance
Lowest Foreign markup fees

Joining Fee – Rs. 2500 + Applicable Taxes
Annual Fee – Rs. 2500 + Applicable Taxes

Also Read – 7 Best Free Credit Card India

Income Required

Salaried 1.2 Lakh per Month
Self Employed 12 Lakh per Year

Apply for HDFC Regalia Credit Card

#2. Citi Prestige Credit Card

Citi Prestige Credit Card is next premium credit card for the premier customers. Citi Prestige Credit card offers the highest level of services and exclusive benefits. Key features and benefits offered by Citi Prestige Credit card are given below.

Key Features and Benefits –

Unlimited Priority Pass Lounge access in India and abroad
Air Accident Cover up to 5 Cr
Personal Concierge service anytime
ComplimentaryTaj Epicure Plus and InnerCircle Silver Membership

Annual Membership Fees – Rs.20000

#3. SBI Elite Card

SBI Elite is one of the best premium credit cards. SBI Elite Card gives spend based milestone reward points that can be converted into cash credit. Key features and benefits of this card are given below.

Also Read – Top 5 Best Business Credit Card in India

Key Features Benefits –

Welcome e-gift voucher worth Rs.5000.
Free movie ticket worth Rs.6000 every year.
5X reward points on Dining, Departmental Store and Grocery spends.
Complimentary Club Vistara Silver membership
Complimentary Trident Privilege Red Tire membership
Concierge Services

Joining Fee – Rs. 4999 + Applicable Taxes
Annual Fee – Rs. 4999 + Applicable Taxes

Apply for SBI Elite Card

#4 Yes First Exclusive Credit Card

Yes First Exclusive Credit Card is for exclusive people with high income level. This card provides a benefit of earning 1 Lakh per year. This card offers powerful rewards and premium services. Key features and benefits of this card are given below.

Key Features Benefits –

Get 50000 bonusreward points as a welcome gift if you make a transaction within first 90 days
Unlimited complimentary lounge access on your Priority Pass membership
25% discount on Movie Tickets booked on BookMyShow
ComplimentaryTaj Epicure Plus and InnerCircle Silver Membership
Air Accidental Cover up to 3 Cr

Joining Fee – Rs. 10000 + Applicable Taxes
Annual Fee – Rs. 10000 + Applicable Taxes

Income Required
Minimum Annual income 50 Lakh

#5 Axis Bank Reserve Credit Card

Axis Bank Reserve Credit Card offers exceptional benefits and unique features for the extraordinary people. This card is available based on invitation only. It is a unique experience to avail this credit card. Key Features and benefits offered by this card are given below.

Read – 5 Best Credit Cards for Shopping and Cashback

Key Features Benefits –

Complimentary lifestyle voucher worth Rs 10000
Fuel surcharge is waived off at all fuel stations across India
Complimentary Gold status membership with Hilton Hotels
A minimum discount of 15% at partner restaurants
50% cashback on all movie ticketsbooked on BookMyShow
Airport Lounge Access
Club Vistara Platinum Membership

Joining Fee – Rs. 30000 + Applicable Taxes
Annual Fee – Rs. 30000 + Applicable Taxes

Apply Axis Bank Reserve Credit Card

Over to you –

Which Credit Card you prefer to buy from above list?

Do you use any of the premium credit card from above list?

Do share your experience in the comment section.

Technical Analysis or Fundamental Analysis – Which is better?

Stock Market

Shitanshu Kapadia

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September 25, 2017

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What is Technical Analysis? What is Fundamental Analysis? How these methods work? Well, before answering these question let’s take a look at a practical situation. We keep on hearing that a company has “Strong Fundamentals” when we look at any stock market analyst. Another thing we hear is It is must buy stock, as fundamentals of the company is strong. So what exactly fundamentals are, how and when they are analyzed. In this post, I will try to answer these questions.

Technical analysis and Fundamental analysis are two principle methods for stock analysis used by stock market experts. Prima facie Fundamental analysis is done for the investment and technical analysis for trading. Both methods are totally separate. Let’s try to figure out which one is a better method for stock analysis.

Also Read – 5 Technical Screener Websites for Technical Analysis in India

What is Fundamental Analysis?

Fundamental Analysis (FA) is a method to identify fundamental (intrinsic value) of the stock. Fundamental analysis is done by collecting financial statement and doing research over data such as revenue, expense, growth prospects etc.

The basic objective of the fundamental analysis is knowing everything about business before making an investment. Its emphasis on the business and not on the market. For fundamental analysis, you need to analyze a lot of information like business model, product range, completion, historical performance, future prospects, financials, management integrity etc. An outcome of FA is fair market value of the stock which helps investors in making the investment decision.

In nutshell, fundamental analysis is aimed at finding out suitability, value and financial status of business for the investment.

What is Technical Analysis?

Technical Analysis (TA) is a method to analyze the supply and demand of the stock. Technical analysis is done by collecting and analyzing data of people’s buying and selling, price variation, momentum, patterns, plotting stock on the chart and doing a various statistical analysis.

The basic objective of the Technical analysis is forecasting future stock price. For technical analysis, you need to analyze data, patterns, charts, and a lot of other things. An outcome of TA is to get information about demand for the company’s stock.

In nutshell, technical analysis is aimed at finding out the demand of stock and market behavior for forecasting stock price for trading.

Also Read –How to analyze the fundamentals of the company?

Example of Fundamental and Technical Analysis

To simplify the concept of FA and TA let’s take a look at one example. Let’s say you want to buy gold for investment and not for usage. So, your objective is to gain from an increase in gold price over a period of time. Now before making an investment decision, you need to do the analysis. Let’s try to apply Fundamental and Technical Analysis and see how it works.

Fundamental analysis, in this case, would be analyzing gold quality, structure, form, historical performance, future prospects, purity of gold etc. If you feel that investment in gold is worth at current valuation you invest in the gold.

Technical analysis, in this case, will not focus on the gold and its attributes. It will focus on demand, trend, and momentum. Based on these factors future price is predicted and if it’s deemed appropriate you buy gold in order to sell to someone at a higher price on the rise in demand.

I hope from above example you have got clear idea about FA and TA. FA focuses on the asset and TA focuses on the market outlook and perception of the asset.

Difference between Fundamental Analysis and Technical Analysis

How to learn Fundamental Analysis and Technical Analysis?

There are two ways to learn these methods.

Self-learning – In this method, you have to learn these techniques by self. You can read books or take help of internet and youtube in order to learn these techniques.
Classroom training – In this method, you need to take classroom training for learning. There are many experts who teach these techniques. You need to spend money but it is a better method for learning.

Also Read – Best Stocks to buy in India for long term Investment

Which is better?

Well, it is very difficult to say FA is better or TA is better. Both have their own advantages and disadvantages. The advantages of FA is it provides investment decision based on fundamentals of the company. However, it is generally used for long-term investment. You need to hold stocks for several years before it makes any gain. Similarly, advantages of TA is it helps you to get an idea about when to enter and exit from the stock. However, if you use only TA you may end up buying low-quality stock.

So, it is advisable to use both methods fundamental analysis and technical analysis.

Do you use fundamental analysis or technical analysis for stock market investment?

Google Pay – Digital Payment App by Google for India

Personal Finance

Shitanshu Kapadia

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September 18, 2017

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Google Pay – Digital Payment App by Google for India

Google Pay Formally known as Tez is a new digital payment app launched by Google. Google Pay(Google Pay) is an exclusive app for India. You can send receive instantly to anyone using this app. Google Pay app will work with mobile, tablet, desktop and laptop. Google Pay means fast. This application is using NPCI’s (National Payments Corporation of India) Unified Payments Interface (UPI). This app is available in multiple languages. You can find Google Pay – Payment App by Google in Google Play.

How to use Google Pay Digital Payment App by Google?

The step by step guide for using Google Pay Digital Payment App is given below.

# Step -1

Download Google Pay From Google Play. Upon installation, you will be prompted with language preference. This app supports seven languages starting from English to Tamil.

Also Read – WhatsApp Payments – Simple Way to Send and Receive Money

# Step -2

Now you need to input your phone number. Use number that is registered with your bank account. Next is a selection of your Email Id from your Google profile. Once you are done press continue button and application would generate OTP for the verification.

#Step -3

After Verification of your account using OTP, you will be prompted to apply additional security by creating Google PIN or by using your screen lock. This is to safeguard your application from unauthorized access.

#Step-4

Add your Bank account by clicking on Add Bank Account. Select your bank, the app will verify your register bank account and ask you for last 6 digits of your ATM card and expiry date. Once you enter this information you are good to go with sending and receiving payment using Tez.

You can send receive payment using account number, UPI ID, QR code or by phone number. Click on a New icon, enter the detail and make payment. You can also avail rewards and offer from the dashboard. This includes inviting friends and getting Rs.51 for acceptance and first transaction.

Also Read – 10 Best Cashless Payment methods

Key Features of Google Pay

Send receive money to your friends and family. Instantly transfer money from one bank account to another.
Multilayer Google Security and PIN-based restriction using Google Pay Shield. Each transaction is secured with your UPI PIN and the app is secured with a Google PIN or fingerprint.
No need to share personal details for sending and receiving payment only UPI id is enough.
Google Pay works with all banks in India that support UPI.
This app supports multiple languages like English, Hindi, Bengali, Gujarati, Kannada, Marathi and Tamil.
You can avail multiple rewards and benefits like getting Google Pay Scratch Card. You have a chance to win up to Rs.1000 per transaction. Google Pay’s Lucky Sunday Content with a chance to win up to Rs.1 Lakh every week.
Entire transaction history is saved for review and reference purpose.
You can also use this app to make online payment using UPI.
Currently app is supporting bank account soon debit card and credit card payment features will be added.
Another feature under pipeline is to set reminders for recurring bills such as DTH.
This app require Indian bank account and registered mobile number for making transaction.

Review

An excellent application with an amazing interface to make transactions anytime anywhere. It’s very easy to use and pretty fast. It supports options to pay using QR Code, phone and UPI ID. As it is backed by Google security will be very robust. Additional rewards and offers are added advantage for the end users.

Overall it seems to be very good app. Let’s see how this app will gain momentum with Digital India Initiative.

10 Franchises Opportunities in India with low Investment

Business Ideas

Shitanshu Kapadia

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September 10, 2017

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If you are searching for franchise opportunities in India, here is a list of the 10 most profitable and popular franchise business opportunities in India. Before starting an actual topic, let me give one example. My friend was in search of business ideas a few months ago. As he was a beginner his risk-taking capacity was low. He came across franchise opportunities for “Sampoorna Foods”. He accepted this opportunity and started his own business with low Investment. Today he is earning a lot of money. From this example, we can say thatthe Franchise model is best suited for the beginner. Franchise business has advantages and disadvantages. In this post, we will discuss in detail about Franchise Business and franchise opportunities in detail.

What is Franchise Business or Franchise Opportunities?

The franchise is right to use the company’s business model, brand, and product for a specific period of time. The franchise is a low-cost business opportunity. The investment required for the business here is low. Apart from this business model is proven hence the chance of success is very high. The advantages and disadvantages of a franchise business are given below.

Also Read – Franchise Model or Independent Business Model

Advantages of Franchise Business –

Well-established business model and systems.
No need to deal with marketing as it is the job of a parent firm/company.
Support required for business is available.
The risk is very low.
The Investment required for business is low.
Best for the beginner in business.

Disadvantages of Franchise Business –

You need to satisfy business terms and conditions.
Control of the parent firm/company is high.
You need to share business profit with a franchisor.
The royalty fee for some companies is very high.

Also Read – 5 Best Business Accounting Software India

How to identify good Franchisee Business Opportunities?

You should consider the following points while identifying franchise business opportunities.

Category of Business – First is a category of business. There are multiple categories starting from food, retail, gift, skill development, etc.

Brand name and number of outlets – The second important point is a brand name. Brand name plays a vital role in the success of your business so be careful in the selection of a brand name. Also, consider a number of outlets set by brand name.

Investment Required – Another important factor is the investment required for the business. Avoid franchise businesses with high investments.

Breakeven – The breakeven time of money invested should be less than 1 year. You should start earning a profit as early as possible.

Expansion Plan – You can also consider the business expansion plan and future product of the company before taking the franchise.

Also Read – 40 Part Time Business Ideas from Home Online & Offline

10 Franchise Opportunities in India with Low Investment

1. Chai Point

Who doesn’t love a good cup of chai? India runs on tea, and Chai Point has tapped into this cultural obsession brilliantly. Their focus on premium, freshly brewed chai and snacks has made them a hit, especially among office-goers. Starting a Chai Point franchise doesn’t cost a fortune; you can kick-start one with an investment of around ₹10–₹15 lakhs. The franchise model is simple, and their support system is excellent, making it a great choice for first-time business owners.

2. Dr. Bubbles – Bubble Tea

Bubble tea is the trendiest thing in the beverage world right now, and Dr. Bubbles is leading the charge in India. With flavors ranging from classic milk teas to fruity blends, this brand appeals to the younger crowd. The initial investment starts at around ₹10–₹12 lakhs, and the unique product ensures that you’ll attract curious customers. If you’re in a city with a young, experimental demographic, this could be a great fit.

3. Khadim’s

Looking to step into the footwear business? Khadim’s is a homegrown brand that has earned a solid reputation for affordable, stylish footwear. Their franchise model requires an initial investment of approximately ₹5–₹10 lakhs. Plus, with their strong presence in tier-2 and tier-3 cities, this is a great opportunity to target a massive audience without breaking the bank.

4. InXpress

If logistics and shipping excite you, consider InXpress. This franchise specializes in courier and delivery services, and the best part is that you can run it from home. The investment is relatively low—₹5–₹10 lakhs—and you don’t need prior experience in the logistics industry. With the rise of e-commerce in India, this opportunity is booming.

5. KidZee

Education is always a safe bet, and KidZee is one of India’s most trusted preschool brands. Parents are always on the lookout for quality early education, and KidZee delivers just that. With an investment of around ₹12–₹15 lakhs, you can start your own preschool franchise. The company offers training, curriculum, and marketing support, making it an attractive option for those passionate about education.

6. Giani’s Ice Cream

When life gives you ice cream, you say yes! Giani’s has been a household name in India for decades, serving up delicious ice creams, sundaes, and shakes. The initial investment is roughly ₹10–₹12 lakhs, and the brand enjoys loyal customers across all age groups. If you’ve got a sweet tooth and a knack for hospitality, this one’s for you.

7. Amul Parlour

Amul is synonymous with trust and quality in India’s dairy market. Setting up an Amul outlet requires an investment of just ₹2–₹6 lakhs, making it one of the most affordable franchise opportunities. You can choose from various formats, like Amul Preferred Outlet, Railway Parlour, or Kiosk. With a product range that spans dairy, snacks, and beverages, your revenue streams are diverse.

8. DTDC Courier

With India’s growing reliance on courier and delivery services, DTDC is a proven franchise option. For an investment of ₹1.5–₹2 lakhs, you can become a part of this established logistics brand. Whether it’s e-commerce deliveries or personal couriers, DTDC ensures steady demand. Plus, the low overhead costs make it even more appealing.

9. UClean

Laundry services are no longer just a household chore—people are outsourcing them left, right, and center. UClean, India’s first organized chain of laundry services, offers a lucrative franchise opportunity. The investment starts at around ₹10–₹15 lakhs, and the brand’s tech-enabled approach ensures smooth operations. If you’re in a busy urban area, this could be a game-changer.

10. Lenskart

Eyewear isn’t just a necessity—it’s a fashion statement. Lenskart has revolutionized how Indians buy glasses, with stylish frames, quality lenses, and competitive pricing. Starting a Lenskart franchise requires an investment of ₹20–₹30 lakhs. While it’s slightly on the higher side for a “low investment” category, the potential returns make it worth considering. The company’s omnichannel presence (online and offline) ensures a steady customer base.

Why Franchising Makes Sense in India

India’s economy is bustling with opportunities, especially for small and medium enterprises. Franchising offers a way to capitalize on these opportunities without starting from scratch. Here are some perks:

Brand Recognition: Customers already trust the brand, so you don’t have to work as hard to attract them.
Lower Risk: Proven business models reduce the risks associated with startups.
Support: Most franchisors provide training, marketing, and operational support.

If you’re wondering whether franchising is for you, just think about your strengths and interests. Are you a people person? Do you enjoy food, education, or logistics? The right franchise will feel like a perfect match.

Conclusion

Starting a business doesn’t have to be daunting or financially overwhelming. With these ten low-investment franchise opportunities in India, you can take the plunge into entrepreneurship with confidence. Whether it’s serving tea lovers at Chai Point or delivering smiles through DTDC, there’s something for everyone. So, what’s stopping you? Pick a franchise, roll up your sleeves, and start building your dream business today.