If you are looking for any Insurance or LIC`s best child plan for education and marriage in India, this article, with calculator, is not for you. Insurance Companies and LIC`s child education plans are normally traditional policies which will not give you more than 5%-6% returns. The returns from these policies would not be sufficient…
Archives for September 2018
Nomination and Assignment in Life Insurance – Difference
What is the prime objective of buying a Life Insurance Policy – To provide ‘financial protection to your dependents, Right’. Then, is it not essential for us to understand who gets our Life Insurance claim, if anything happens to us? Here comes the role of nomination and assignment. We all know how important life insurance…
NFO in Mutual Fund and IPO – Difference and Should I Invest?
What is NFO in Mutual Fund? What is difference between NFO and IPO and mutual funds? Should you invest in NFO of Mutual Fund schemes? Why Agents push NFO in Mutual Fund? Biggest sales pitch for NFO in Mutual Fund is NAV 10. NFO in Mutual Fund – How NFO Works? In simple words, NFO…
NEFT Vs IMPS VS RTGS – Transfer, Limit, Timing & Charges
We have all used these words at one point or the other- or have heard these words whenever we visit banks or need to send money to someone. And we often tend to use them interchangeably. But these three terms are actually different and have different set of usage and mechanism altogether. So let us…
Insurance or Mutual Funds and Term Deposit
It was a beautiful day, it was the day when Rishab Singh got the news that he and his wife became a proud parent of an angelic girl child. Rishab was happy beyond bounds and distributed sweets to one and all he met that day. One of them Aarush, who he met that day was…