Money

PPF Account in SBI : How to open and Transact Online

PPF Account in SBI : How to open and Transact Online

In today’s world of increasing work pressure and stiff deadlines, many Individuals aren’t able to plan their taxes well and make use of all the Income Tax Rebates offered to them. But with the introduction of online banking, all finances can now be managed from your finger tips and in this article we would be explaining you how to open ...

Read the full article →

What is Health Insurance Portability?

What is Health Insurance Portability?

A Common Mistake which people usually realise years after committing the same is the Mistake of opting for a wrong Health Insurance Provider. Many people opt for a Health Insurance Policy simply based on the Premium Payable without looking into the benefits it offers. (Refer our Article on 8 Things to be kept in mind while buying Insurance Plan) And ...

Read the full article →

How to manage Mutual Funds Portfolio

How to manage Mutual Funds Portfolio

Most of us invest in Mutual Funds schemes, but it is very difficult for people to manage and keep a track of their investments.  Sometimes, the situation even becomes worse when we have different contact, bank and nominee details or different passwords. Many of us feel that we are incapable of managing mutual funds and therefore we avoid spending time ...

Read the full article →

What is Venture Capital & Growth of Venture capital in India

What is Venture Capital & Growth of Venture capital in India

A new private company which does not want to take finance from public markets may have their eyes on venture capital. Venture capital is provided to any business firm by those who are willing to invest in the projects that are risky but have a promising future prospect. Such funds are known as venture capital funds. Venture capital has now ...

Read the full article →

Prepayment Penalty on Home Loans in India – Abolished

Prepayment Penalty on Home Loans in India – Abolished

In a relief that has come to Home Loan borrowers, the Prepayment Penalty on Home Loans has been scrapped and abolished by the Regulator of Home Loans in India i.e. the National Housing Board (NHB) The Notification for Removing Pre-Payment Penalty for Home Loans in India came on 19th Oct 2011 vide Circular No. NHB (ND)/ DRS/Pol – No. 43/2011-12 ...

Read the full article →

Demat Account – Benefits and Process of Dematerialisation

Demat Account – Benefits and Process of Dematerialisation

The Indian capital market has witnessed phenomenal growth in the past decade and a half in terms of listed companies, number of stock exchanges, investor population and trade volumes. One of the major reasons behind this growth has been the introduction of Demat Account. The Demat account is an account in which all shares and securities are held electronically, doing ...

Read the full article →

How to ensure safety of your Bank Locker & Bank Locker Charges

How to ensure safety of your Bank Locker & Bank Locker Charges

We all know that it is always safe to keep your valued assets in a safe in the Bank Lockers but how safe are these Bank Lockers. Who can guarantee the safety of your assets with the newspapers being full of bank robberies? In this article, we try to introspect the safety of Bank Lockers. According to the Reserve Bank ...

Read the full article →

How to compare your Mutual Fund performance with other Mutual Funds

How to compare your Mutual Fund performance with other Mutual Funds

Keeping track of the performance of your Mutual Fund and comparing Mutual fund Performance is as important as selecting a Mutual Fund. However, very few Investors do the same. It has been found that most of the Investors only do an initial survey at the time of purchasing the mutual fund but forget about its performance after having purchased the ...

Read the full article →

Non Convertible Debentures – Points to consider while buying NCD’s

Non Convertible Debentures – Points to consider while buying NCD’s

Non Convertible Debentures (NCD’s) refers to Debentures which cannot be converted into Equity Shares. NCD’s higher Interest Rate as compared to normal debentures as they cannot be converted into equity shares unlike their counter-parts which have an option attached to them which entails the owner of the Debenture to convert the Debentures into Equity Shares at a pre-specified price on ...

Read the full article →