Nashik, 1st July 2023 Celebrated National Doctor’s Day on 1st July 2023 to express gratitude and appreciation for the incredible work they do and how they make a significant difference in the lives of many and brings relief to numerous patients and their families.
Nashik, 21st June 2023 Appreciation from HDFC ERGO Nashik Branch for efforts and achievements in promoting and growing health insurance among the population in FY 2022-23. Know more about health insurance.
Nashik, 9th June 2023 Gained valuable insight regarding the schemes of PPFAS mutual fund and their investing principles with Chairman and CEO – Neil Parag Parikh (Right) and Raunak Onkar – Head Research and Fund Manager (center). Attended a broad discussion arranged with MFDs on the 9th of June in Nashik. Invest in the funds …
Broad discussion arranged by PPFAS Mutual Fund with MFDs Read More »
5th May 2023 Started our monthly e-newsletter which provides concise, easy-to-understand insights tailored to our clients to keep them ahead of the curve with the latest news from global markets to emerging sectors. Subscribe to our newsletter!
Nashik, 6th February 2023 Appreciation from Bajaj Finance Limited – Fixed Deposits for encouraging guaranteed savings through corporate term deposits FY 22-23 What are Corporate Fixed Deposits and how they are different from regular FDs?
Nashik, 2022 Appreciation from LIC at 962 BM office for helping clients create guaranteed lifetime pensions with one-time investments. How to create a Life-long Guaranteed, Tax-free Pension Plan for your retirement?
Mutual fund redemption A mutual fund redemption request is the request to withdraw units (amount) from your mutual fund investments. Things to consider while submitting a redemption request. Mostly financial needs and sometimes our sentiments (fear) owing to certain market situations drive the redemption request. There are some essential things to keep in mind while …
What is the process of mutual fund redemption and how to approach redemption? Read More »
I have seldom come across people with a neutral outlook toward a loan. Either they are in for or against availing a loan for whatever reason. But the truth is a loan is neither good nor bad. It becomes a good or bad experience depending on the purpose of the loan and the person taking …
The primary idea of life insurance is to make good the financial loss incurred due to the loss of life of the income earner of the family. However, the products offered by the insurance companies are varied. Though a term plan is the purest form of life insurance and provides lumpsum payouts only in the event …
Can you get a loan against your life insurance policy? Read More »
We all have come across advertisements offering consumer loans at flat simple interest rates. Have you ever doubted that the rates they are mentioning could be misleading? Because in the real world of finance, everything is compounding interest and never a simple interest. The story of a simple flat-rate loan Here is an example to …
How to read between the rates of a simple flat-rate loan and not get deceived? Read More »
A famous quotation by American statesman Benjamin Franklin: … nothing can be said to be certain in this world, except death and taxes. Not sure about taxes though but one surely cannot avoid death. Talking about life, death, and finances, dying early or living longer which one is a bigger problem? Living Longer could be …
Why should you have a retirement plan for a longer period? Read More »
Think of a time 15 years, 20 years, 25 years, or 30 years from now when you will retire and stop earning an active income but still on the 1st of every month a guaranteed sum of money gets deposited to your bank account that is completely tax-free and would continue up to 99 years …
Our emotions play a major role in many of the financial decisions we take from time to time. one such decision is whether or not to go for owning a car and if we do buy one, should we buy it on a loan. Financial wisdom says, “don’t buy a car if you don’t need …
About owning a car and taking a loan for buying one Read More »
A mutual fund is one of the preferred products to invest in the equity market for the possibility to earn substantial returns. But, mere investing in mutual funds does not really guarantee higher returns and the creation of wealth. As an investor, you need to keep in mind a few things that significantly affect the …
If you want to create wealth through mutual funds, you need to keep these things in mind Read More »
E.L.S.S. (Equity Linked Saving Scheme) are tax saving Mutual funds. E.L.S.S investments are eligible for deduction in taxable income of up to ₹1,50,000 under section 80C. E.L.S.S. have the shortest lock-in period (3 years) and offers the possibility to earn higher returns compared to other tax-saving instruments. N.P.S. (National Pension System / Scheme) is a …
How to create a surplus amount of ₹ 62,400 by investing ₹ 2 lakhs a year? Read More »
For most of the population, 1 Crore is a magic figure, or if you cannot relate to it, how about the word ‘Crorepati’? still, for many, it might not be such fascinating a number. Whatever it is, no one can deny that a sum of 1 Crore as a liquid asset is quite admirable and …
How to create a fund of 1 crore for your money goals? Read More »
LIC’s Jeevan Shiromani: A premium policy that combines protection, savings, attractive returns, and medical cover. Benefits 1. Survival Benefit: On the life assured surviving to each of the specified durations during the policy term, provided all due premiums have been paid, a fixed percentage of the Basic Sum Assured shall be payable. The fixed percentage for …
LIC’s special premium plan for High Net-worth Individuals Read More »
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a Government pension Scheme for people aged 60 years and above. Life Insurance Corporation of India is the administrator of PMVVY on behalf of the Government of India. This Scheme is available for sale up to 31st March 2023 Benefits available under the scheme
LIC’s Cancer Cover is a regular premium payment health insurance plan which provides financial protection in case the Life Assured is diagnosed with any of the specified Early and/or Major Stage Cancers during the policy term. Sum Insured Options The plan offers flexibility to choose the type of Sum Insured at the inception. Option I …
LIC’s Cancer Cover policy: make your finances immune to cancer Read More »
Regular FDs as we know them are fixed deposits offered by Banks and in India, one of the preferred investment options because of being considered a risk-free investment option offering fixed (non-volatile) returns. However, banks are not the only institutions offering such fixed deposits. Many non-banking financial services companies (NBFCs) (companies engaged in providing housing …
What are Corporate Fixed Deposits and how are they different from regular FDs? Read More »
