This category will have all articles related to Retirement Planning, Children’s Education Planning, Children’s Marriage Planning, Home Loan Repayment
Indian economy on smooth and steady growth path The year 2014 marked a new dawn for India. After many years of coalition governments, the Indian voters elected a BJP government with absolute majority under the leadership of Prime Minister Mr. Narendra Modi. Along with a stable government at the centre, in the year 2015 a […]
Securing the future of your family is a necessity as life is unpredictable and you never know what may happen in the next moment. A life insurance policy comes in handy at this moment as it ensures that your family will be taken care of in case anything happens to you. Purchasing online life insurance […]
With the help of internet and other technological innovations, the banking sector has also grown widely along with other sectors. It now provides easy, convenient and paperless online transactions. The facility of conducting financial transactions online saves your energy as well as the time that you earlier spent at the bank or any retail center […]
Sameer is a 25 year old individual working with a MNC company, earning Rs. 7 lakhs per annum. Sameer’s wife is a housewife and the couple has a 1 year old daughter. Sameer has taken a home loan of Rs. 28 lakhs. Few days back Sameer’s colleague, Rohit died in a road accident. While attending […]
A home or auto loan won’t be of any use if you are in urgent need of money to tide over a general financial emergency. You cannot use the money sanctioned towards a home or a car for any other purpose. Further, the lengthy formalities involved in these loans make them unsuitable for those in […]
In this article we compare the claim settlement ratio of life insurance companies for the last four years (2010-11, 2011-12, 2012-13 and 2013-14) and the features of term plans offered by life insurance companies along with the premium charged by them for these term plans. The claim settlement ratio of the life insurance company, features […]
In this article we explore Click 2 Protect Plus from HDFC Life Insurance Company. Click 2 Protect Plus is a traditional non-participating term insurance plan. For individuals who are not aware what is a term plan, it is a life insurance plan that pays a lumpsum amount to the family members of the life insured […]
In this article we explore Online Term Plan from Max Life Insurance. Online Term Plan is pure term (traditional non-participating) plan that pays a lumpsum amount to the family members of the life insured in the event of death of the life insured during the plan tenure. Online Term Plan comes with three Death Benefits […]
Lot of people have various financial goals for which they save or wish to save regularly (monthly) over a period of time. Recurring deposits and Mutual Fund SIPs come in handy for such investors to save regularly (monthly) to accumulate funds to fulfil certain financial goals like buying a laptop, smartphone, any gadget, vehicle, consumer […]
Payumoney is an online payment company and provides payment solutions to leading e-commerce companies. It competes with other online payment service providers like Paytm, Mobikwik, Oxigen wallet etc. The benefit that Payumoney offers customers for choosing it as the preferred payment option is the instant discount for every payment made through it. Yes you read […]
Would you like to earn additional cashback on your online transactions? The additional cashback is over and above the discount / cashback / rewards offered to you by the merchant website / bank / credit card / wallet company etc. If your answer is yes, then Cashkaro is the place to be. The above unbelieveable […]
Claim Settlement Ratio for Life Insurance Companies for 2013-14 Click here to read about latest claim settlement ratio for 2013-14 ___________________________________________________________________ For people looking to buy a term insurance plan; annual premium charged for the term plan and claim settlement ratio of the life insurance company are two important considerations apart from other important considerations […]
Claim Settlement Ratio for Life Insurance Companies for 2013-14 Click here to read about latest claim settlement ratio for 2013-14 ___________________________________________________________________ For people looking to buy a term insurance plan, annual premium charged for the term plan and claim settlement ratio of the life insurance company are two very important considerations apart from other important […]
Introduction Almost a decade back, the owner of one of India’s biggest business conglomerate died inestate. He did not leave behind a WILL. Some time down the line after the father’s death, ownership issues came up among the two sons as to how the business, built by their father and the sons together, will be […]
TruFixed Home Loan from HDFC On Independence Day, HDFC has introduced TruFixed Home Loan, a fixed rate home loan product. Under this product the interest rate will be fixed for a maximum tenure of 10 years. Tenure of the loan: Customer can choose a fixed interest rate tenure for 3 to 10 years. Beyond 10 […]
Introduction The process of e-filing of income tax returns is very easy to use and should be the preferred route for salaried individuals and other individuals. Infact filing income tax returns electronically (e-filing) has been made mandatory from Assessment Year 2012-13 for individuals / HUFs who have income of more than Rs. 10 lakhs. In […]
Introduction Few months back while surfing the internet I came across an advertisement that claimed to recharge my mobile free of cost. I was surprised as well as curious to know how that could be possible. I clicked on the ad and was taken to a website www.freecharge.in. On having a detailed look at the […]
Introduction Sandeep Roy is an angry man! One month back, he had purchased a single premium payment life insurance plan for which he had provided a cheque of Rs 1.5 lakh to his insurance agent. But when he received the policy document, to his dismay, he found that company has issued him a regular premium […]
Goal Based Financial Planning – Building a Retirement FundSandeep is a 28 year old guy staying with wife Karuna and 1 year old son Praveen. Sandeep is a fitness freak; he goes for a jog everyday early morning in a garden near his house. One day after a jog, he was relaxing on a bench. […]
Goal Based Financial Planning – Building a Marriage FundArjun is a 30 year computer engineer staying with wife Tina and two year old son Ganesh. In office, Arjun was recently approached by his supervisor Ramesh (aged 50 years) for financial help for his son’s marriage. Arjun bailed out his supervisor with a temporary loan and […]