Finance

A few years ago, Rohan started his first job in Bengaluru. He wanted a credit card to manage travel bookings, shop online during festive sales and enjoy cashless dining. When he applied, the bank told him he had “no CIBIL score” and his application could not go through. It felt …

When you invest in a fixed deposit, what’s the first thing you check? Most people look at the interest rate. But there’s one more thing that matters: Tenure. The time for which you keep your money locked in plays a big role in how much you actually earn, how liquid …

Purchasing a home is likely one of the largest financial investments most people will make during their lifetime. Perhaps one of the most important parts of this experience is finding the right home loan. While financial preparedness and credit score are essential, timing is also surprisingly significant in securing a …

Selecting a Savings Account is a significant financial decision that affects both the ease with which you can access your funds and the potential growth of your savings. The following five key factors warrant careful consideration before making your choice: 1.Review the Interest Rate The interest rate is a key …

In a world that is more globalized by the day, the Indian diaspora is more linked than ever to its home. Whether through investments, real estate, or financial planning, Non-Resident Indians (NRIs) still keep close to their roots. One question that frequently crops up among NRIs planning for long-term security …

Let us face it: life is hectic, and making sure your family is healthy and financially secure is a huge priority. With medical costs increasing in India, picking the right health insurance is a big deal. But knowing what makes a health insurance policy just good versus truly great can …

Natural disasters such as floods, earthquakes, storms and cyclones can strike without warning, causing severe damage to homes and financial stress for homeowners. While we cannot control nature, we can take preventive steps to protect our homes and reduce risks. While preventive measures are important, however, the most important safeguard …

Post Office offers plenty of saving options, such as Post Office Savings Account, Post Office Time Deposit, Post Office Recurring Deposit, etc. The Post Office Monthly Income Scheme (POMIS) is one of these, & it is backed by a government Money Saving Plan that offers a fixed monthly income on …

The life insurance industry has been changing rapidly, and this change makes it inevitable for agents and POSP license holders to change with it if they are to stay competitive. By working on new trends with new tools, they are able to serve their clients better and also succeed in …

Are you considering purchasing a second property? Do you wonder if having multiple mortgages can offer additional financial perks? For many property owners, the thought of tax advantages on more than one property sparks significant interest. Whether a second mortgage qualifies for a home loan tax benefit is more relevant …