Banking

I need a personal loan because of a medical emergency in my family, so what factors should i give top priority while selecting a bank, and what kind of interest rate i should expect from the bank? How can fixed vs. fluctuating interest rates affect the EMI?

The government promotes BHIM with cashback offers for merchants and users. How can I avail of these cashback rewards? Are there limits or conditions for earning them?

I am planning to buy a car soon, and for this i want to use a credit card for a down payment to maximize cashback and benefits. So suggest a credit card that allows simple EMI for big purchases. Is there any credit card available that gives me all the benefits?

I am currently earning ₹90,000 per month, and after the increment that I will get in January, my monthly income will be ₹1,20,000. I need a personal loan to buy a plot in Pune where I am currently working. I am looking for a personal loan of about 25 lakhs, which I want to pay off in 4 years. Which bank should I go with: HDFC Bank (interest rate is 10.85% + processing fees) ,ICICI Bank (10.85% interest rate + processing fee up to 2%), or is there a better option?

Both banks offer competitive corporate salary accounts that come with premium benefits. ICICI has good online banking service and customer care service. HDFC offers high interest rates on savings. 
So while selecting the premium card for yourself, choose the card that gives you good rewards, a daily cash withdrawal limit, travel benefits, and a good cashback facility.
Both cards offer excellent services. So choose the card that fits according to your spending habits.

Yes, HDFC charges some fees if you choose the auto sweep services. Additionally, HDFC charges fees for early withdrawals from fixed deposits. The threshold amount is entirely dependent on your spending and saving habits. Many set it at ₹25,000–₹50,000, hence just the additional money gets cleaned.

Regarding the hidden charges, it's advisable to consult with bank officials to gain further clarity on whether to choose this service or not.

If you don't need cash immediately, then it's better to put all the money in mutual funds. Trust me, it's a wise decision. For stable and steady growth, you could consider a balanced fund or a large-cap fund. The risk factor is very low in these types of mutual funds. 
If you want flexibility, you can transfer this money to your savings account to earn the interest, or you could just put in a short-term fixed deposit.

I took the medical loan but recently paid off my loan and found my credit score dropped by 95 points. That seems like a lot for only one payment. Is this sudden improvement a sign of progress?

Hi
There are some foreign transaction fees associated with regular credit cards. To avoid this fee you can consider the SBI Card Elite card as it provides less foreign exchange markup of 1.99%. Then there is Axis Bank Miles & More World Credit Card which offers you a low forex markup of 1.99%. Induslnd Bank’s Signature Credit Card also offers you a lower forex fee.

Before using any card for an international transaction, always make sure you are aware of the exact fees involved.