Consumer Rights

Buy Now Pay Later (BNPL) — India’s Growing Credit Trend What is BNPL? BNPL allows consumers to purchase goods and services with deferred payment—essentially short-term micro-loans. India’s BNPL market: $18+ billion GMV (2024), growing 50%+ annually. How BNPL Works Basic Flow Select BNPL at Checkout: Choose “Pay Later” option Instant Approval: AI-based credit assessment (seconds) Make Purchase: No upfront payment or partial payment Repay Later: Pay full amount by due date (15-90 days) Common Models No Cost EMI: Interest-free (merchant pays fee) Installments: 3-6 month EMIs with interest Pay Later: Single repayment after 15-45 days Key Players in India Digital NBFCs Simpl: Largest BNPL provider (acquired by Flipkart) ZestMoney: EMI-focused, 3-12 month tenures KrazyBee: Student-focused, campus placements Uni Cards: Card-based BNPL (now Postpe) E-commerce Integration Flipkart Pay Later: Platform-specific Amazon Pay Later: Amazon ecosystem Myntra ICICI: Brand-specific New Entrants (2024) Slice: Credit card alternative OneCard: Co-branded BNPL card Bajaj Finserv: Offline BNPL RBI Regulations on BNPL Classification as NBFC (2024) RBI Direction: BNPL players need NBFC registration Digital Lending Guidelines: Apply to BNPL Interest Rate Caps: Maximum 36% APR KYC Requirements: Mandatory verification Key Rules Credit Assessment: Can’t lend without proper due diligence Transparent Terms: All fees must be disclosed No Predatory Lending: Protect vulnerable borrowers Data Privacy: Explicit consent for data usage Costs & Fees Typical Charges Convenience Fee: ₹0-50 per transaction (no-cost EMI) Interest: 12-36% APR for installment plans Late Payment: ₹50-200 + interest on outstanding Processing Fee: 1-3% on some platforms Example Cost Comparison 1 2 3 4 ₹10,000 Purchase - 3 Month EMI - No Cost EMI: ₹3,333/month × 3 = ₹10,000 - 24% APR EMI: ₹3,514/month × 3 = ₹10,542 - Late Fee: +₹100-500 if missed Consumer Rights Before You Sign Up Read Terms: All fees, interest rates, tenure Check Credit Impact: Multiple inquiries affect CIBIL Understand Penalty: Late fees, interest accumulation Verify Registration: Must be RBI-registered NBFC During Usage Payment Reminders: Enable notifications Auto-Debit: Set up for timely payments Keep Proof: Transaction screenshots If Something Goes Wrong Grievance Redressal: NBFC’s customer service first RBI Ombudsman: For unresolved complaints Consumer Court: For unfair trade practices Risks & Red Flags Warning Signs Instant approval without credit check No disclosure of total interest cost Aggressive marketing to students/minors Hidden processing fees Refusing to provide transaction history Consumer Risks Debt Trap: Easy credit → overspending CIBIL Impact: Missed payments = lower score Legal Action: NBFCs can pursue recovery Harassment: Unregulated recovery agents Safe BNPL Practices Budget First: Only buy what you can afford Set Reminders: Calendar alerts for due dates Use Free EMI: Avoid interest where possible Check Statements: Review monthly transactions Limit Exposure: Use only 1-2 platforms Reporting Issues RBI Grievance: https://cms.rbi.org.in NCLT: For debt recovery disputes Consumer Court: For unfair practices Cyber Crime: For fraud Prime References RBI Digital Lending Guidelines RBI Consumer Grievances CIBIL - Check credit score This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Credit Cards — Understanding Plastic Money in India What is a Credit Card? A credit card is a revolving credit line that allows you to borrow up to a limit for purchases. India has 100+ million credit cards in circulation (2024), led by HDFC, SBI, and ICICI. How Credit Cards Work Billing Cycle Transaction Day: You make a purchase Statement Date: Monthly bill generated (usually same date each month) Payment Due Date: 20-25 days after statement (total due or minimum due) Interest: Charged on revolving balance Key Amounts Total Due: Full amount to avoid interest Minimum Due: 5% of balance (interest charged on rest) Available Credit: Limit minus outstanding Outstanding: All unpaid transactions + interest Interest-Free Period 1 2 3 4 Transaction: ₹10,000 on Jan 1 Statement: Jan 25 Due Date: Feb 15 Interest-Free Period: Jan 1 - Feb 15 (45 days) Types of Credit Cards By Category Lifetime Free (LTF): No annual fee (conditions apply) Premium: Annual fee ₹1,000-50,000+ (lounge access, rewards) Fuel: Cashback on fuel transactions Shopping: Discounts on e-commerce Travel: Air miles, hotel benefits By Issuer Banks: HDFC, SBI, ICICI, Axis, Kotak Co-Branded: Amazon-ICICI, Flipkart-SBI NBFCs: Bajaj Finserv, Capital Float Charges & Fees Common Fees (2024) Annual Fee: ₹0-50,000 (waived on spends) Interest Rate: 1.5-3.5% per month (18-42% APR) Late Payment: ₹100-1,200 based on outstanding Cash Advance: 2-3% of amount Foreign Transaction: 2-3% Reward Rates Premium Cards: 2-5% on specific categories Standard Cards: 0.5-1.5% on most spends Fuel Surcharge: 1-2% waiver RBI Regulations Key Rules (2024) Card Not Present (CNP): Additional authentication mandatory Tokenization: Card data can’t be stored by merchants Credit Limit: Cannot exceed 3x monthly income (guideline) Interest Rate Disclosure: Must show monthly and annual rates EMI Options: Must offer no-cost EMI conversion Security Requirements OTP for Every Transaction: No exceptions Hotlisting: Instant blocking facility Velocity Limits: Unusual activity alerts Managing Your Card Best Practices Pay Total Due: Avoid 18%+ interest Track Spends: Monitor via app Set Payment Reminders: Never miss due date Review Statements: Check for fraud Use Rewards: Maximize benefits without overspending Building Credit Score Payment History: 35% of CIBIL score Credit Utilization: Keep below 30% Credit Age: Older cards help Mix: Installments + revolving credit Common Problems Fraud Protection Liability: Zero for unauthorized (if reported) SMS Alerts: Enable for all transactions Virtual Card: Use for online shopping Disputes Billing Errors: Raise dispute within 60 days Merchant Refund: Can take 7-21 days Chargeback: For non-delivery, defective goods Consumer Rights Your Rights Transparent Pricing: All fees disclosed upfront Grievance Resolution: 30-day response timeline Interest Reversal: On failed transactions Card Recovery: Bank must reissue if lost What Banks Can’t Do Charge undisclosed fees Increase interest without notice Harass for recovery Block without reason Reporting Issues Bank Customer Service: First level RBI Ombudsman: https://cms.rbi.org.in Consumer Court: For deficiency in service CIBIL: Dispute on credit report Prime References RBI Credit Card Guidelines RBI Grievance Portal CIBIL - Free score check This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Crypto & Virtual Digital Assets in India What are Virtual Digital Assets (VDAs)? VDAs are digital representations of value that can be traded or transferred. This includes: Cryptocurrencies: Bitcoin, Ethereum, Solana Tokens: Utility tokens, NFTs, Stablecoins DeFi Assets: Governance tokens, liquidity provider tokens India’s crypto market: ~$6.5 billion (2024), ~15-20 million investors. RBI vs SEBI Jurisdiction RBI’s Stance (2020-2024) April 2018: RBI banned banks from dealing with crypto (overturned by Supreme Court, March 2020) May 2023: RBI expressed “serious concerns” about crypto CBDC Pilot: Digital Rupee pilot launched (2022) SEBI’s Role October 2023: SEBI granted regulatory powers over crypto Crypto Asset Classification: Securities or commodities determination pending Investor Protection: SEBI to regulate as and when notified Tax Framework (2024) Income Tax Provisions 30% Tax: On gains from VDA transfers (Section 115BBH) 1% TDS: On payments for VDA above ₹10,000 (Section 194S) No Deduction: Losses cannot be set off against other income Gift Tax: VDA gifts taxable as income Tax Calculation Example 1 2 3 4 Investment: ₹1,00,000 → Sold for ₹2,00,000 Gain: ₹1,00,000 Tax @30%: ₹30,000 (plus surcharge if applicable) Net After Tax: ₹70,000 Regulatory Landscape What’s Allowed (2024) Buying/selling VDAs on registered exchanges Holding VDAs in self-custody wallets Crypto as payment (not legally recognized) CBDC (RBI’s digital rupee) What’s Prohibited Crypto as legal tender Unregistered exchange operations Anonymous transactions (PMLA compliance required) Advertising crypto to retail investors (by exchanges) How Crypto Exchanges Work Indian Exchanges (SEBI-Registered) WazirX: Largest by volume (acquired by Binance) CoinDCX: Institutional focus ZebPay: Oldest Indian exchange Unocoin: Bitcoin-only specialist Process KYC: Mandatory Aadhaar, PAN verification Bank Link: Add bank account for INR transfers Buy/Sell: Market orders, limit orders Storage: Exchange wallet or self-custody Consumer Rights & Risks Investor Protections (Limited) KYC Compliance: Exchanges must verify identity SUSPICIOUS Transaction Reports: AML monitoring Grievance Redressal: Exchange-level + Consumer Court Major Risks Price Volatility: 50%+ swings in days Hacking Risk: Exchange breaches (Mt. Gox, WazirX 2024) No Legal Recourse: Crypto transactions not legally enforceable Scams: Ponzi schemes, rug pulls, fake exchanges Tax Complexity: Multiple forms, audit requirements Safe Practices Use SEBI-Registered Exchanges Only Enable 2FA: Prefer hardware wallets for large holdings Self-Custody: Consider cold wallets for long-term holding Start Small: Allocate only what you can afford to lose Document Everything: For tax compliance Reporting Issues SEBI: For exchange-related complaints (https://sebi.gov.in) Cyber Crime: For hacking/fraud (https://cybercrime.gov.in) Income Tax: For TDS/tax issues Consumer Court: For deficiency in service Prime References SEBI on Virtual Digital Assets - Regulatory framework Income Tax Department - Crypto Tax - Section 115BBH RBI CBDC - Digital Rupee FINNET - AML compliance This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Digital Banking — India’s Online Banking Revolution What is Digital Banking? Digital banking delivers banking services through electronic channels—mobile apps, websites, USSD, and chatbots—without physical branch visits. India has 2,000+ digital banking units (DBUs) as of 2024. Types of Digital Banking Traditional Bank Apps Mobile Banking: ICICI iMobile, HDFC MobileBanking, SBI YONO Internet Banking: Desktop portals for transactions Video KYC: Account opening via video call Neobanks (Digital-Only) Licensed: RazorpayX, Niyo, Open Tech-first: Jupiter, Fi, Upstox (for investments) No Physical Branches: Fully app-based Banking-as-a-Service (BaaS) Open: API-first banking services Decentro: Embedded banking APIs Setu: Account aggregation Key Services Account Management Instant Account Opening: Video KYC, Aadhaar-linked Zero Balance Accounts: No minimum balance requirements Virtual Debit Cards: Instant issue, freeze/unfreeze Multi-Currency Cards: For international use Payments UPI Integration: Instant fund transfers Bill Payments: Utility, credit card, insurance Standing Instructions: Auto-debit for SIPs, EMIs QR Codes: Merchant payments Credit Products Personal Loans: Instant approval, same-day disbursal Credit Cards: Digital issuance, instant activation Buy Now Pay Later (BNPL): Short-term credit RBI Regulations Digital Banking Guidelines (2024) DLI (Digital Lending Applications): Registration mandatory Interest Rate Disclosure: APR must be shown Data Localization: Customer data must stay in India Two-Factor Authentication: Mandatory for transactions Security Requirements Tokenization: Card data protection (mandatory) OTP for All Transactions: No exceptions above ₹10,000 Device Binding: Login from registered devices only Transaction Limits: Configurable caps Common Issues & Solutions Transaction Failures Amount Not Credited: Wait 48 hours, then raise complaint Failed UPI: Check bank server status Card Not Working: Verify card activation, limits Fraud Prevention Never Share OTP: Banks never ask for it Verify UPI Handles: Check before paying Link Phone Number: Same as bank-registered number Enable Alerts: SMS/email for all transactions Consumer Rights Liability Protection: Zero liability for unauthorized transactions (if reported promptly) Grievance Resolution: 30-day RBI timeline Transaction Freezes: Can block card, not account Interest Reversal: On failed payments How to Open Digital Account Choose Platform: Bank app or neobank KYC: Aadhaar + PAN + Video verification Address Proof: Usually auto-fetched from UIDAI In-Person Verification: Not required for video KYC Activation: Virtual debit card issued instantly Reporting Issues Bank Grievance Cell: First level RBI Ombudsman: https://cms.rbi.org.in (30-day resolution) Banking Ombudsman: For service complaints Consumer Court: For deficiency in service Prime References RBI Digital Banking Guidelines - Official rules RBI Customer Service - Grievance portal UIDAI Aadhaar - KYC services IBI - Institute of Banking Personnel - Banking standards This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Insurance — InsurTech Revolution in India What is Insurance? Insurance is a contract where a policyholder pays a premium in exchange for financial protection against specific risks. India’s insurance market is the 10th largest globally, with ₹80+ lakh crore premium collection (FY24). Types of Insurance in India Life Insurance Term Insurance: Pure protection, claim on death ULIP: Investment + Insurance Endowment: Savings + Insurance Health Insurance: Medical expense coverage General Insurance Motor Insurance: Mandatory (Third Party + Comprehensive) Health Insurance: Individual, Family, Senior Citizen Home Insurance: Property protection Travel Insurance: International trips Crop Insurance: PMFBY scheme Key Players Life Insurers LIC (dominant market share) HDFC Life, ICICI Prudential, SBI Life Term insurance specialists: Aegon, Edelweiss Tokio General Insurers Public: New India Assurance, United India Private: ICICI Lombard, Bajaj Allianz, HDFC Ergo Standalone Health: Care, Manipal Cigna InsurTech Platforms Aggregators: Policybazaar, ComparePolicy, GIB Direct: Acko, Digit, Loop Health Embedded: Zopper,urance IRDAI Regulations Key Rules (2024) Insurance Regulatory and Development Authority of India (IRDAI) Panel Doctors: Network hospitals must be disclosed Claim Settlement: 30-day timeline for cashless Surveyor Appointment: 72 hours for major claims Insurance Act 1938: Comprehensive legal framework Recent Reforms Insurance (Distribution) Regulations 2024: More distribution channels Bima Sugam: Unified insurance marketplace (under development) Micro Insurance: Simplified products for rural areas Consumer Rights Policyholder Rights Free Look Period: 15 days to review policy Claim Settlement Timeline: 30 days (cashless), 60 days (reimbursement) Grievance Redressal: IRDAI Grievance Cell No Claim Bonus: Discount on renewal for no claims Red Flags Mis-selling of endowment as term insurance Exclusions not clearly explained Delayed claim settlements Unauthorized agents How to Buy Insurance Assess Needs: Term for family, health for medical emergencies Compare: Use IRDAI’s BIMA Benchmark tool Check Claim Ratio: Higher = better insurer Read Policy Wordings: Understand exclusions Keep Documents: Policy copy, claim forms, receipts Common Claims Issues Motor Insurance Cashless: At network garages only Reimbursement: Pay first, claim later Own Damage: Claim for accidental damage Third Party: Legal liability coverage Health Insurance Pre-existing Diseases: Waiting period (2-4 years) Room Rent: Capped at room type Day Care Procedures: Covers treatments <24 hours No-Claim Bonus: Increases sum insured Reporting Issues IRDAI Grievance: https://bimabharosa.irdai.gov.in Insurance Ombudsman: For disputes up to ₹30 lakh Consumer Court: For deficiency in service RTO: For motor insurance disputes Prime References IRDAI Official Portal - Regulations and updates BIMA Bharat - Grievance portal Insurance Information Bureau - Data and statistics IRDAI Consumer Education - Public awareness This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Lending — India’s Digital Lending Revolution What is Digital Lending? Digital lending refers to the process of availing loans through online platforms, eliminating traditional brick-and-mortar visits. In India, digital lending has grown from ₹2.3 lakh crore (2020) to over ₹7 lakh crore (2024), driven by UPI integration and RBI’s sandbox initiatives. Key Players Regulated Entities NBFCs: Bajaj Finserv, HDFC Bank, Kotak Mahindra Small Finance Banks: AU Small Finance Bank, Ujjivan P2P Lending: LenDenClub, IndiaLends, Rupaiya Exchange Digital-Only Lenders Instant Loan Apps: Cred, LazyPay, Kissht Salary Advances: SalaryMate, Payme India How Digital Lending Works KYC Verification: Aadhaar-linked eKYC, video KYC Credit Assessment: AI-based scoring using alternative data Loan Disbursal: UPI/Bank transfer within minutes Repayment: EMIs via auto-debit, UPI Regulatory Framework RBI Guidelines (2024) Interest Rate Caps: 36% APR for digital loans Data Privacy: Digital Lending Guidelines require explicit consent Loan Aggregation: RBI registration mandatory Transparent Pricing: All fees must be disclosed upfront Key Regulations Master Direction on Digital Lending: Sept 2022 (updated 2024) KYC Requirements: Aadhaar eKYC with user consent Default Borrowing Limit: ₹1 lakh per borrower per P2P platform RBI’s Role Digital Lending Sandbox: Testing innovative products Credit Information Bureau: CIBIL, Experian, Equifax Default Classification: 90-day overdue = NPA Common Issues & Borrower Rights Consumer Rights Transparent Disclosure: All fees, interest rates must be shown No Hidden Charges: Processing fees capped at 3% Grievance Redressal: RBI’s CMRS portal for complaints Data Privacy: Cannot share data without consent Red Flags Loans without credit bureau check Excessive processing fees Unregulated instant loan apps Aggressive recovery practices How to Borrow Safely Verify RBI registration of lender Check CIBIL score before applying Read all terms including APR Avoid multiple loan applications Report unauthorized loans immediately Reporting Issues RBI Ombudsman: https://cms.rbi.org.in NCLT: For debt recovery disputes Consumer Court: For unfair trade practices Cyber Crime: For fraud recovery Prime References RBI Digital Lending Guidelines - Official regulations RBI Loan Marketplace - Compare rates CIBIL - Free credit score MFIN - NBFC association P2P Association of India - Self-regulatory body This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

Payments Security — Protecting Your Digital Transactions Why Payments Security Matters India processes 40+ billion digital transactions monthly (2024). With this volume, security is paramount. RBI reports ₹1,300+ crore lost to payment fraud (2023). Every user must understand how to protect themselves. Types of Digital Payment Frauds Account Takeover SIM Swap Fraud: Criminal gets duplicate SIM, receives OTP Phishing: Fake emails/SMS stealing credentials Malware: Keyloggers on compromised devices Payment Fraud UPI Frauds: Fake handles, screen sharing scams Card Fraud: Skimming, card-not-present fraud Loan Scams: Fake instant loan apps Social Engineering Tech Support Scams: Fake customer service calls Gift/ Prize Frauds: Too-good-to-be-true offers Impersonation: Fake bank officials RBI Security Guidelines Mandatory Protections (2024) Two-Factor Authentication (2FA): OTP for every transaction Tokenization: No card details stored by merchants Transaction Limits: Configurable caps Biometric Authentication: For high-value transactions Bank Responsibilities Real-Time Alerts: SMS for every transaction Hotlisting: Instant card blocking facility Velocity Checks: Flag unusual patterns Encryption: End-to-end for all transactions How to Secure Your Payments UPI Security Verify Handle: Never pay to unknown handles (only @upi) No Screen Share: Never share UPI screen during payment Check Recipient: Verify UPI ID before sending Limit Setting: Set daily transaction limits App Updates: Keep banking apps updated Card Security Tokenization: Use token instead of card number CVV Never Stored: Don’t save CVV anywhere International Block: Disable for foreign use OTP Alerts: Enable for all transactions Virtual Cards: Use for online shopping Password & Device Security Strong PINs: 6-digit UPI PIN, not simple combinations Biometrics: Enable fingerprint/face unlock Secure Phone: Use screen lock, avoid rooted devices Public WiFi: Never do payments on public networks App Permissions: Review regularly Fraud Detection & Response Warning Signs OTP not received (possible SIM swap) Unknown transaction SMS Unexpected debit alerts Login alerts from unknown devices Immediate Actions Freeze Account: Block UPI, card immediately Change Passwords: Banking, email, UPI app Alert Bank: Call customer service, raise ticket File Complaint: Cybercrime, RBI Ombudsman Liability Protection (RBI Rules) Zero Liability: If not caused by customer’s negligence Reported Within 3 Days: Maximum ₹10,000 liability Not Reported: Customer bears full loss Bank Negligence: Bank bears full liability Reporting Channels Regulatory RBI Ombudsman: https://cms.rbi.org.in SEBI: For investment-related fraud NPCI: UPI-specific issues Law Enforcement Cyber Crime Portal: https://cybercrime.gov.in Local Police: For FIR filing CERT-In: National security response Consumer Rights Your Rights Zero Liability Policy: For unauthorized transactions Response Timeline: Bank must respond in 7 days Compensation: For bank’s failure to prevent fraud Transaction Alerts: Mandatory SMS/email What Banks Can’t Do Charge for SMS alerts Delay fraud investigation Refuse liability shift without proof Prime References RBI Cyber Security Guidelines CERT-In - Security alerts Cyber Crime Portal - Report fraud NPCI Security - UPI safety tips This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...

WealthTech — Investing and Portfolio Management in India What is WealthTech? WealthTech uses technology to automate and enhance investment services—from robo-advisory to instant Demat account opening. India’s wealth management market is valued at $50+ billion (2024). Key Segments Stock Broking Full-Service: ICICI Direct, HDFC Securities, Kotak Securities Discount Brokers: Zerodha, Upstox, Angel One, Groww APIs for Algo Trading: Flattrade, TradeSmart Mutual Fund Platforms Direct Plans: Save distributor commission (0.5-1.5%) Regular Plans: Through advisors Aggregators: Paytm Money, Scripbox, CubeWealth Robo-Advisory Goal-Based: Scripbox, Goalwise AI-Driven: Avail plans based on risk profile Hybrid: Human + AI (Arthayan, Scripbox) Alternative Investments PMS (Portfolio Management Services): High-net-worth focus AIF (Alternative Investment Funds): Private equity, venture capital REITs: Real estate investment trusts How Demat Accounts Work SEBI-Registered Depositories CDSL: Central Depository Services Ltd (owned by BSE) NSDL: National Securities Depository Ltd (oldest) Process Choose Broker: SEBI-registered only KYC: Aadhaar, PAN, In-person verification Link Bank: For fund transfers Start Trading: Equity, F&O, commodities, currency Charges Annual Maintenance Charge (AMC): ₹300-750/year Brokerage: Flat (₹0-20) or percentage (0.01-0.5%) STT/SEBI Turnover Tax: On every trade Investment Products Equity Stocks: Company shares on BSE/NSE ETFs: Exchange-traded funds (index, sector, gold) SGBs: Sovereign Gold Bonds (8+ year lock-in) Debt Corporate Bonds: Higher returns, credit-rated NCDs: Non-convertible debentures FDs: Fixed deposits (bank vs corporate) Mutual Funds Equity: High risk, high return (15%+ CAGR) Debt: Stable returns (6-9%) Hybrid: Balanced approach SEBI Regulations Investor Protection Know Your Client (KYC): Mandatory verification Risk Profiling: Must assess before selling All-in-One Fee Disclosure: No hidden charges Digital Contract Note: Within 24 hours of trade Recent Reforms (2024) T+1 Settlement: Next-day settlement (reduced from T+2) Index Funds Mandate: 5 tracker funds by each AMC Passive Funds Push: Lower expense ratios Consumer Rights Investor Rights Free Credit Balance: No charges on idle cash Nomination: Must offer multiple options Statement of Account: Monthly/quarterly Grievance Redressal: SEBI SCORES portal Red Flags Guaranteed Returns: No such thing in equity Unsolicited Calls: SEBI-registered advisors only Unregistered Schemes: Verify before investing High Brokerage: Compare rates How to Start Investing Open Demat: Choose discount broker for lower costs Complete KYC: Aadhaar-based eKYC Link Bank Account: For fund transfers Start Small: SIP ₹500/month in index fund Diversify: Don’t put all money in one stock Reporting Issues SEBI SCORES: https://scores.gov.in (15-day resolution) Stock Exchange: BSE/NSE investor service Depositories: CDSL/NSDL for Demat issues Consumer Court: For fraud Prime References SEBI Investor Portal - Official regulations SEBI SCORES - Grievance portal AMFI - Mutual fund NAVs NSE - Stock market data BSE - Historical data This 101 guide is part of CashlessConsumer’s fintech education initiative. Last updated: March 2026. ...