Category: Personal Finance

Difference between Savings Account and Current Account

The two most common bank accounts are savings account and current account. These two are the most widely used accounts, and often banks offer variety of features in these accounts. But seldom do people know the difference between the two...

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How to Maximise your Wealth by Investing in Mutual Funds

“It’s more important to grow your money than cut your expenses. It is more important to grow your spirits than cut your dreams.” –Robert Kiyosaki, author of Rich Dad Poor Dad Ever wondered how some people get rich faster than...

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All about LAP – Loan against Property

Expansion of business is desirable to every businessperson. Your business requires funds for its growth. At times, owner’s own money is not enough to expand the business and even the profits accumulation is not that high to let you maximize...

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5 things to consider before investing in FD

Today, almost all banks offer Fixed Deposit account service as a lucrative investment option. Owing to its stable returns and lower risk, it is one of the most popular choices for investment. Since, many banks offer this option, it is...

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Attention! Don’t forget to transfer PF account while changing Jobs

While switching jobs people sometimes forget to transfer their PF accounts. They leave it as it is and open a new account with the new employer. This results in creation of multiple accounts for the same person. This is a...

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The Impact of Brokerage on the profits earned from IntraDay Trading

Brokerage is the commission charged by the broker who facilitates the trading. All trading platforms charge a fee as brokerage to provide a trading platform to the investor. Generally it is levied on every transaction. IntraDay Trading is a type...

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How Joint Home Loan is Beneficial?

I am sure owning a dream home is on the bucket list of May. But with a fixed salary and increasing inflation it seems like a distant dream. Buying a house is one of life’s biggest milestones and it takes...

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Don’t liquidate your assets, get a Loan Against Securities

Many people park their money in deposits and securities for investment purpose. And in times of financial emergencies there are only two options available, to borrow funds or liquidate the investments. While liquidating the assets, it is always a concern...

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What is Personal Line of Credit and How it helps?

Personal Line of Credit is a form of borrowing just like personal loan, with added features. It is a mix of credit card and personal loan. It is a personal loan that acts more or less like a credit card....

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Rules for withdrawal of money from Provident Fund Account

Once you have discontinued service under employment, there are two things that you can do with your Provident Fund Account, If you are taking up employment in another company then you can transfer your existing Provident Fund Account to the...

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