What is UNI Pay 1/3rd card? | Explained by CA Rachana Ranade
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- čas přidán 26. 07. 2024
- To apply for the Uni Pay 1/3rd card, check out the link given below.
unicards.onelink.me/KRuW/f7b6...
In today's video, we'll be understanding a very interesting and new concept in the credit world, which is a 'Pay 1/3rd card' and how it differs from a traditional credit card.
Uni Pay 1/3rd card is now available for the users in the following cities: Ahmedabad, Bangalore, Chennai, Kolkata, Hyderabad, Pune, Delhi NCR, Lucknow, Vijayawada, Mumbai, Indore, Jaipur, Kanpur, Surat, Vadodara, Guntur, Ambala, Chandigarh, Karnal, and Patiala
What is covered?
00:00 Start
00:40 Introduction
01:08 What is a Pay 1/3rd card?
02:04 Credit card v/s Uni Pay 1/3rd card
04:43 How does the card work?
07:06 Non repayment/ Delay in repayment
08:21Things to keep in mind
09:20 Where can one use the Uni Pay 1/3rd card?
09:34 How to get the Uni Pay 1/3rd card?
09:56 Conclusion
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#Advertisement #newconcept #credit
To apply for the Uni Pay 1/3rd card, check out the link given below.
unicards.onelink.me/KRuW/f7b6f763
In today's video, we'll be understanding a very interesting and new concept in the credit world, which is a 'Pay 1/3rd card' and how it differs from a traditional credit card.
Uni Pay 1/3rd card is now available for the users in the following cities: Ahmedabad, Bangalore, Chennai, Kolkata, Hyderabad, Pune, Delhi NCR, Lucknow, Vijayawada, Mumbai, Indore, Jaipur, Kanpur, Surat, Vadodara, Guntur, Ambala, Chandigarh, Karnal, and Patiala
What A Intro Mam Seriously 🤣🤣🤣
Mi aaj duparich download kelay uni beta app ☺️
Making India ready to live on credits which our parents have always opposed..
@@moonlambo1886 Thanks mam, I follow your videos and ur guidance on finance management but I am too far away from risky asset named crypto. Maybe a old school person who listens to his parents..
BOOM bOOm 💥 dOOm DOOM 💥
This how Economic goes into Hell...!! US way..🤣😂
That's the trap. We r falling into.
@@ms-dk6xh Exactly the Logic of Negative Marking. Spending will increase to 3X....regardless of pendings of future 2 months 🙄 assuming 2 months incomes regularly.
Wealth killer card, stay away from it
Earlier rachna mam 10% affiliate marketer 80% best teacher, 10% financial advisor/CZcamsr.
Now 95% video is about affiliate marketing products. 5% share market.
There is no teacher exist.😔😔😔😔
True. There is big money these youtubers make from affiliations especially Fintech companies are paying big for their growth.. for eg Upstok was paying 500 Rs for every signup.. even if 1000 subscriber than also it's 5 Lakh rs
I agree, it is not possible for a youtuber to survive without affiliate marketing as at the end of the day everyone wants to earn more money. We need to check the product which they are marketing if it suits us then we should go for it.
It shouldn't be like vimal pan masala which our top Bollywood actors endorse
This is the reason that purpose of creating youtube channel.
After all its a business not NGO. Her time has value. Her content is great like always.
@@shubhamdubey2061 but to get some money selling poison it not good thing.
Excellent way of explaining with humour in the start. Short $ crisp to the point. Thank you
Hillareous. Cant stop laughing for the starting part.... Too too good
Me too😂😂😂
Rachana ji kis line me agayi thi. 😂
Rachana Madam has mastered into digital marketing, curiosity approach clubbed with quality content
Me too 😂
Gradually going into marketing mode rather than giving an unbiased ,objective information.
I truly understand your point. But dont agree with your few words like " unbaised and objective information"
Could you please explain your comment which might be helpful for me as well.
Time to unsubscribe bro
Clearly mentioned "Includes Paid Promotion" in the beginning of the video
Hats off to whom who had planned the starting part of the video. Might be a frustrated employee..
Don't think that you are the best.....know that you are the Best..... Love the simple way you explain the things...
U r superb mam 💐 aapne ek complex concept ko very simple way me convert kr diya...hats off to u 💐
Just loved the way you explained everything about this card in details and pricisly to the point. Unlike other youtubers who explain stuff in a hurry and with no proper illustration, I must say you're full of life and energy. Keep up the good work. 👍
The problem with this is that a person is getting more buying power even though they don't have the money. If one is careful how they spend then it a good idea.
Ma’m you missed to mention about interest free period which is usually 45-55 days but for Uni card it’s 40 days as the grace period is only 9 days.
no grace period is 5 days only
Dear All,
Please note that this a card which provide good facility but it is not a credit card basically..The card is issued based on Consumer loan which will be reflected in your CIBIL report once you got this card. I think it makes high impact on CIBIL score and failure of repayment makes your CIBIL Low.
Other Credit cards also reflect in your CIBIL report.. So no difference there from other credit cards.
Yes
@@vareeshasachan8278 no
Really surprised this was not mentioned
Others see comedy clips when they're sad. But I watch Rachana's videos bcoz it has everything - humour, motivation, information and what not ♥️
What a timing Mam !!! I was reading about the 1/3 Uni Card and your video notification pops up...
@Somya Garg Agreed to an extent as that's what algorithms are built for !!! However I was referring to the time when the video got streamed as I was reading about the same.
Nice video ma'am, you are a true inspiration ♥️
Congratulations in advance for the 3M subscribers.i hope you will achieve this soon..waiting for the 3M subs special video .
What a starting, Amazing always getting New thing.
Thanks
Any business is driven by profit, especially in finance related corporations.
How will features that they are offering make them profit or grow as company, considering all charges involved to maintain company, employee and app investment?
At times I just watch ur video for tat amazing start...and rest video at my leisure time
Seriously fun at the very starting, which makes it more interesting 👏🏻
Intro getting better and hilarious each passing day 🤣.
Haha true
Thank You Ma'am for this valuable information... 🙏🙏🙏
superbly discribed as usual..👌every time i watch ur video ..there is somthing to learn..👍👏👏thnx
I am already using Uni card. I must say on boarding is super quick, unboxing was like opening iPhone and they pamper you with some goodies after your first swipe.
Can we use for online transactions?
Nice to know from you.
What if I buy a bike worth Rs 1 lakh
Then can I get 1% cash back
@@ahamedmakbul2211 Absolutely. As long as you have sufficient credit limit you are eligible for 1% cashback.
@@raghu_vamsi thank you
what kinda goodies?
Hi Rachana. Thanks for posting this video. This video is so resourceful to get information on uni pay 1/3rd card. Just had one question regarding that how the uni pay 1/3rd card will help us to improve the credit score?
They should mention the amount for the charge which is mentioned as "for a limited time"
The way you start your video intro is always 🔥
I have been an avid subscriber of your channel because of the quality content you used to post on your channel. Your channel is slowly becoming a medium only to promote affiliated marketing links. This specific promotion is proving that you are throwing your values out of the window and encouraging your subscribers to adopt a credit-based lifestyle! Really? Is that the message you want to convey?
I mean, I get it that you would also need to make a living but not at the expense of your innocent subscribers right? I'm sure there are better ways to do it by keeping the best interest of your subscribers!
Whether you take card
Credit card or credit system in itself is not evil. Its upto the person who is using them to not over spend. Credit card has a lot of benefits like improving cibil score, safer than debit card in case of stolen, cashback and rewards.
Its only when you over spend more than you can pay back and miss your due date that these cards become evil.
@@argha5017 that's a trap !!!
@@argha5017 Exactly! People treat credit cards as if it's the devil or something. Credit Cards are much better than Debit Cards or Cash payment in so many aspects but it is up to the user if they are able to make use of it or just fall in a trap. But if used correctly, it can do wonders
I have 20 credit cards and I'm financially smarter than you peasant
Already have the card in my Hand with 20k limit . It's very good card
How has been your experience?
@@CARachanaRanade All the Expenses are 1/3 and also if I want to pay in Full , first I get 1% Cashback then the balance will be payable . Looking at the Cost Of Capital it is like No Cost EMI for 3 Months . Best Experience
Cash withdrawal or add money?
Good video thanks you madam she is really very brilliant in finance knowledge
@@CARachanaRanade hope this Uni card also affect and improve Cibil score
AlWays rocking with new content, extremely helpful
Instead of adding the funny music in the intro, u were humming it, that's the best part I liked👍👍
It's a debt trap. Apply for it with a caution and use it only if you are having a good financial discipline and can keep a track of the payment reminders.
Else the debts will multiply
90 % failed in financial discipline bro, so it's just a systematic trap for greedy consumers
Best part was....meme song was also sung by ma'am....Rachna ma'am cha naad nahi karaicha !
I just applied this card ! Surprising to see instant approvals
Madam is all in one. she is comedian,CA, and Expert of stock market
Epic starting 😂😂😂😂
Your expressions are more than enough. Keep it up. Keep smiling.
Rachana madam has the best intro whole youtube... Ngl in teaching genre 😍😍😍😂😂😂😂😂😂
Mam your always different and unique in your course. It’s makes ppl happy to learn with fun
Agadi
Okay
Ma'am you are an undisputed Market Leader in your field. You are amazing. I am a physiotherapist from Mumbai and I really appreciate your hard-work. God bless you and your team. Thank you.
Thanks for the comment
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Sir back m bhut pain h kch ilaaj btao
😂😂😂😂 your intro is amazing
It’s like a movie trailer
Hi Racahana...your first part let me feel u should act in film too 😂😂😂..keep it up .
Apart from CA, Rachana tai you can also be a stand-up comedian.
I was expecting that she will give information that how Uni 1/3rd credit card company makes money out of this.
Obviously from the payment defaulters. Personnel who don't have the financial discipline will be on a spending spree and will end up as defaulters paying to the company
Your comedian channel tag line should be - Hey folks Comedian Rachana Ranade here
Very nice info.Using uni pay 1/3rd from past 3 months such great replacement for credit card
I think it has now become common to have no joining fees/annual charges for most of the credit cards
Thing to consider, its 0% Joining & Annual fee but it's not a Lifetime Free Card.
It is called “Buy Now Pay Later” (BNPL) in Australia.
No . We also have BNPL here in India but Uni is different as it splits your amount .
Iam writing this after working in uni for 6 months, they remove me from the organisation only for silly reason, uni won't provide proper service to their customer, and my managers use to presurise us to get feedback survey which is purely depend upon customer based on their satisfactory and it was customer right, only bcoz of getting less feedback score eventhough i was handling escalations in email team which is highly impossible to get good feedback where my company provide chep services to their customer. By trusting this job i took loans and they did this pathetic termination, where quality monitory people and no one else don't even know the product and process still they are segregating things and app is in beta version, they could have hired machine or robort if they are expecting zero errors eventhough it was not my error, the reason is they put me in pip only for not having good feedback from customer, for soft closing few tickets only to not loose my job became my biggest mistake as per them and they did pathetic termination, danish being opration manager treating employee as like garbage, since it is management mistake as there was no proper traning and no hr induction its is against company policy, all the policies are applied only for employees not for the employer, i need justice, i need either job or compensation for this pathetic termination.
Worst management who doesn't have value for their employees and customers, they are in market just to make fools and make money in the name of pay 1/3rd. Talent doesn't matter here bucketing matters allot to the manager Danish
Don't even take uni card and work in this company, apart from making fools to their employee and customers, they are doing nothing, I my self feeling ashame of being part of such worst organisation who's manager mr. Danish don't even value their employees he treat us like garbage, be careful from uni they are just making false promises, anybody a common person can easily understand for everything they will just convience and they do nothing, they do have thousands of problem in their uni cards and app and they are expecting 100% positive feedback from customer which is highly impossible bcoz customers are not fools to give good feedback blindly where there refund issues or any other issues take more than 30days a mad or dum person also not give feedback, which is not at all my mistake still they put me in pip and not even gave chance directly removed me from the organisation, if this is the behaviour for their own employee then how about common person who trust uni and use their card so that company gets revenue and for the same customers they may have medical emergency still don't at all refund customers own hard earn money. And simply they just says with in 6 month they will increase limit but trust me it depends on ur cibil they don't even help you, they tell lie only to get more numbers of customers to get their business they don't value customers as how they did for me.
@cards_uni Becareful people before taking unicards being uni employee iam suffering allot, unethically they terminated without paying my salary by trusting uni i took loans and it's due's, fruad company who play with emotions by name of 1/3rd, Danish mgr don't hve time to talk.
Loved it how she described
The intro was ultimate..
Thanks again Rachna madam for bringing this video about this new credit card concept. You really explained well how the card is different from other credit cards in the market. This product looks to be promising and I am tempted to apply for it. Few questions still in my mind.
1. Does it allow to pay in more than 3 instalments?
2. How does one select if he wants to pay 1/3 rd or in full?
3. How does Unipay make money as it does not charges any interest or joining or annual fees. Is there any hidden catch?
This uni card is nothing but a type of personal loan. There is a a video on CZcams about the risk of this type of card. Go and check that out.
This video was very informative. Thanks!
However, I have a query...
Payments made using the 'Swipe' 1/3rd card (similar to UNI card) is labeled as unsecured personal loan, which appears to be harmful to the credit history of the user. Does the UNI card work in the same manner?
I checked few blocks and watched videos here but I don't see a straight answer to this question from anyone. I think it will reflect as unsecured loan on entire approved amount even though it's not utilized.
Then what does credit card usage look like?
@@RoshanLights4u true
That skit was amazing 😅😅😅
The card is really awesome one, they even provide a mask and swish chocolate as a gift with my physical card as well. However physical card received after 7 working days.
Hello. I'm actually looking for a good trader that can help me trade and make good profit, I've been seeing so many recommendations but i don't think they're trusted. Please do you have any recommendation?
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
@clever marry I did invest with her and I made huge profits
@clever marry my cousin recommended her to me. He has been investing with her for some months now, but he earns just 60% of whatever he invests in a week which i think its too low, I've seen other traders who offer to give you 300% of whatever you invest
@@harrisondiamond2624 consistency is key, I've been investing with her for months now and I've made alot of profit from her. Most of those traders who offer to give you 300% of whatever you invest might scam you of your hard earned money. Forex ain't that easy you know
Hello Ma'am, loved your video as always, but I felt like this video was more like a #AD than a promotional video(yes, it's a promo video because youtube showed disclaimer the the video contains it). Not just that, I feel disappointed because I considered you as my teacher, and after watching this video it really feels like our teacher is doing something that is considered borderline unethical in the youtube/influencer/celebrity space.
I am not against you doing any promotions/ADs/Sponsors but all we ask is for you to properly mention that they are promotions/ADs/Sponsors in the video, so that people do not get mislead.
The video does contain the tag of "includes paid promotion" which shows up immediately after the video starts!
Look siddhant, rachna maam is not promoting anything wrong or illegal in nature, because this service will be fruitful to many people so she has done the needful. She also has to think about herself and her family. If she didn't promote this awesome service people wouldn't have come to know about it. Siddhant don't use this platform to promote unnecessary hate. Teacher considered unethical because she's promoting a genuine good service. How stupid of you siddhant. Your mindset and thinking is so so narrow. Expand it, will be helpful.
@@HarshPatel-bl9ym looks like you did not read the second paragraph, i'll type it again for you in quotes,"I am not against you doing any promotions/ADs/Sponsors but all we ask is for you to properly mention in that they are promotions/ADs/Sponsors in the video, so that people do not get mislead".
And i reiterate, have as many sponsors/promos/Ad as you want, but disclose this information to your viewers, and this is becoming classic with her channel where at the start of the video you see the banner of "This video contains paid promotions" but the video in itself is a complete AD and all the disclaimer says that there are paid promotions, the cred video and now unipay.
My complete point is distinguish between AD and paid promotions/sponsors and mark the video for each category accordingly.
Edit: I do not consider her or her team unethical for making an AD about a good service, I consider it 'borderline unethical' to make an AD and mark it as a promotion.
@@sjkeskar14 this type of honesty can only be expected from Foreign CZcamsrs.
@@HarshPatel-bl9ym It was his opinion which he gave it out so his wish, why are you abusing someone. If you are saying someone stupid then it's 💯 obvious that you are the no. 1🤣
Stop behaving like a child here by abusing and grow up and go lead your life.
Bartan dhona part was the best one😂😂
Mam you should have told about this is not a credit card....this uses our credit line and is issuing us NBFC loan....kind of like consumer durable loan
Great card, Great concept and nice innovation….
Only disappointment is, it’s link with RBL bank (customer service is terrible ) and non availability for iPhone users….
I think that your notion that uni users will need to deal with RBL customer care is totally incorrect. For any financial company to start business it needs to be linked by a bank but the customer support is managed by the issuing company eg RBL v card all the queries are answered by vcard support not RBL, Fi money all the queries are handled by them if you call federal bank they will just provide Fi customer care number
@@sandipnandi16 I wish you are correct, many people applied coz I have applied for this one.
But the terms and conditions in PDF documents say so which is there on the website.
One of the best fun Intro Rachana mam🤣🤣
Loved the video maam ❤️
Intro was hilarious, video was superb and one question - Iss always pumped up energy ka raaz kya hai mam? 😂
Dose having a UNI card affect your existing CIBIL score negatively? Thanks for the informative video 🙏🏻
Definitely it will. These credit-line cards are more dangerous because every month if u 1/3rd a transaction. Each 1/3rd shows up as an individual unsecured loan❗
Unsecured loans hurt CIBIL very bad.
CA Rachna Ranade se yeh umeed nahi thi. She lost all the little respect I had for her.
CZcams pe sab bikau ho jaate ek na ek dinn
Ye log paisa paa ke kisi ko mis guide kr sakte h, ad pe na jao bhaiyo..terms and condition phle check kiya karo..jise ye log hide krke rakhte h
@@junglee-bee Bro you are wrong. Each one third will not show as individual unsecured loan. The card will only show up as one single unsecured credit card. Every month’s bill amount will show up as the outstanding amount on the card for that month. If you pay the dues before the billing date, then it will show as 0 outstanding amount in credit report. I have a CIBIL membership and I am monitoring these things regularly
Hello Everyone,
As this 1/3 card uses our credit line, does that mean the limit that we get from NBFC is classified as unsecured loans?
and affect our CIBIL score in the future?
Please update me if anyone has any clue regarding this.
Yes...it will affect your cibil
Well your amount u use will automatically be classified under unsecured loans. Also it will affect your CIBIL score too. I'm still wondering why Rachana ma'am who always does a no biased review didn't mention this important point for the public.. just because its negative.🤦♀️
Exactly. It’s a consumer durable loan. And she chose NOT TO DISCLOSE THIS IMPORTANT INFORMATION.
Yes you are right, unfortunately I also have applied for it and was not aware abou it, will use it in rare condition.
@@kuldeepsaxena1105 if u will not use then no effect will be on ur credit card or not?
And the most important information is that it will add unsecured consumer loan in our CIBIL which will affect CIBIL score .
the part where you clean vessels, i laughed my mind out
Instead of Restaurants, UNI VISA will make us to clean Vessels ... Really Hilarious 😂😀
Ma'am just teach EISSM this way 😂😂
If the company is following such a technique, what's their revenue model?
Yes same question, if restaurant bill is Rs 6000 and i pay only rs 2000 this month and then remaining 4000 will be paid by me after 1 month with 0% interest! So where is their profit?
It's all about data now. They will be siting on a data mine soon.
Every new company will start with discounting they will reduce it after few years.
Thankyou for your views on this card.As I was not aware of this card a good understanding of this uni card which I will be useful.
Damn that intro... 🤣🤣 I have paused the vdo after intro laughed about a minute thn writing this comment ... After this I am going to watch the video completely Rachna mam is great🙏 🤣 I'm a normal bsc student not from financial background still I watch ur vdos for fun learning
GOOD VIDEO:EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,
You're right ma.,
That is why I had to start forex trading 2months ago and now am making benefits from it,.
Thanks for introducing me to Sam Justin my first inv... with Sam Justin gave me profits of over $44,000 US dollar,
And I can't say he's the most sincere
broker I have known,
O' Yes I'm a living testimony of Sam Justin.
No stock in news today too???
Tomorrow.
😂😂
Ma'am you have a distinct style of presentation, very apt
Excellent presentation 👍.. thanks Madam
Is this a paid promotion? I see referral and influencer benefits for you. I just hope you share these information upfront so that we make good decision.
Its mentioned as paid promotion
You can easily understand its a paid promotion. Content creation is a hard job and youtube doesnt pay much.
@@dsridhar6485it has been marked now. :)
@@deepak3303 agreed, but creators should mark the same so that people are not mislead.
@@AbhishekJain1992 whats misleading here? We are all adults to make sound financial decisions.
Amazing, thanks for the information
Having soo many videos for this cards but never bought it now u have recommended it will surely go for it 🙏
I literally bursted out seeing that bartan maanjne ka scene
Thank you hum arts walo ko commerce sikhane ke liye
ha ha.. i kept watching intro.. lol how do think of hilarious intros😂👏
I'm using slice and I feel it's much better, than what uni is offering.
Underrated card slice
Ma'am itne amazing starting ideas kaha se aate hai? :P
Also that bill was looking like koi company report :P
Loved it!!! Very informative...
That start of the vdo ❤️❤️❤️
Intro was Amazing 😂😂😅🤣😁
Thank you for such wonderful news..!
I come to your Channel Only to Enjoy the Very First Part..... Which Relaxes Our Minds to Core..... Puts a Smile On Our Faces and Proceed to Video Further freshly. 😂😂😂👌👌👌
I have got the Uni Pay card. This is my Go to card now. They have given me a 20k limit with 1/2 option. These cashbacks are enticing and it makes me stricter on not to keep any revolving credit to get the full cashback:)
Your approach to explain the concept is super simple and accessible for all minds
Thanks, Rachna you're doing an amazing job.
The second thing that make me happy after your content is , Entrace of your video...
Introduction was too good to watch.
CZcams thumbnail batch be like : CA rachane ranade turned out in to maid🤣🤣😂😂
Start was just op🤣🤣
Well explained 👏
Hello Ma'am, Your explanation was really very clear and nicely explained. Thanks
Hahaha, thanks for making me smile. Awesome... The starting part...
Mam I could say..u r an Intro Queen ❤️