Category: Personal Finance

Tax on Guaranteed Income Plan

Tax on Guaranteed Income Plan

Guaranteed Income Plan is a type of savings plan cum insurance plan that promises guaranteed annual income after a fixed period. It is non-linked, non-participating endowment plan where the policyholder...

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Difference between Savings Account and Current Account

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....

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How to Maximise your Wealth by Investing in Mutual Funds

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...

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All about LAP – Loan against Property

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...

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5 things to consider before investing in FD

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...

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

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...

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The Impact of Brokerage on the profits earned from IntraDay Trading

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...

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How Joint Home Loan is Beneficial?

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...

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

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...

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Personal Finance – Page 7 – Chartered Club