Fri, Jan 26, 2024
What is the formula for saving from income? What is the way to invest from savings? How to balance savings and expenditure?
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Protect yourself from falling into the trap of misselling.. What is misselling, how to protect yourself? Understand the difference between investment advice and misselling.. Watch today in MoneyGuru, Mis-selling - Information is protection!
Thu, Jan 25, 2024
Setting goals is very important in financial planning. Make a savings and spending budget. By following all such steps you can become a successful investor. Apart from this, know in detail what are the investment mantras of experts.
Wed, Sep 27, 2023
There are a number of reasons why a health insurance claim gets rejected. Policyholders can take a few measures to get the claim approved.
Investing in government-backed schemes like EPF, NPS, PMVVY, and even a few other savings instruments could help you to earn a stable income after retirement. You should plan your investment as per your financial goal and risk appetite.
Home loan interest rates saw a significant hike after the RBI raised repo rates four times since May 2022. The government is now aiming to reduce financial burden on small homebuyers by providing interest subsidies on home loans with the launch of a new scheme.
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Apple iPhone 14 is now available for less than half of its original price on Flipkart. The e-commerce giant has rolled out the discounted offer for all users ahead of the Flipkart Big Billion Days Sale 2023.
Tue, Sep 26, 2023
Just like any other resident Indians, NRIs, OCIs, and PIOs are also eligible to invest in Systematic Investment Plans in India.
The increased interest rest also leads to higher EMI burden. Also, the borrowers who already have availed home loans at a floating interest rate will have to pay higher EMI.
A person's savings can be increased by making necessary investments and cutting down on extra expenses.
Credit score is one of the most important factors that lenders evaluate and research before approving or declining a loan.
Aadhaar card holders can avail numerous governmental and non-governmental services, including financial facilities. The four types of UIDs include Aadhaar letter, Aadhaar PVC card, eAadhaar, and mAadhaar.
The government has taken several measures to tackle the rising scams by illegal loan apps. Always download the apps of trusted banks and NBFCs to avoid such loan scams.
A loan against insurance policy can be helpful during emergencies as it offers considerably higher loan value at comparatively lower interest rates. Many LIC policies come with a loan facility and the loan amount is based on the surrender value of the policy.
Those willing to retire at an early age can opt for the FIRE strategy as it encourages individuals to save more and retire early to achieve financial independence in their 30s and 40s.
Mon, Sep 25, 2023
NPS scheme is a government backed pension plan. After maturity the investors can withdraw a portion of the investment as a lump sum and the balance can be used to receive monthly pension.
The NPS Tier II Default Scheme was launched by the PFRDA, exclusively for subscribers from the government sector, along with a range of benefits.
Fixed Deposits are safer investment options compared to debt mutual funds. FDs also offer fixed rates of return. On the other hand, debt mutual funds offer higher return, but they are subject to market volatility.
NPS investments are eligible for tax benefits under Sections 80CCD (1), 80CCD (1B) and 80 CCD (2) of Income Tax Act, 1961.
With the widely recommended Standard-of-Living and DIME methodologies, individuals can get a better insight into determining the adequate life insurance coverage they need.
Under the term insurance plans, the insurers charge a premium at periodic intervals and offer a sum assured to the policy holder. The term insurance plan provides financial protection against untimely demise of the policy holder during the policy term.
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