Availing a personal loan should be the last resort for you to accumulate finances to fulfill your immediate requirement. For any of your requirements or emergencies, it is advised to save a part of your income aside, so that there won’t be any need for you to take any kind of loan. Debt has a… Read More »
If you wish to enjoy the returns of your savings as an income, opt for SWP. One of the best ways to redeem your funds is to opt for a Systematic Withdrawal Plan. It is one of the best ways by which you can withdraw funds in the same pattern as you invested in them.… Read More »
Most investors are averse to risk. They would not mind investing in those financial instruments that have a long lock in period and cannot be benefitted from higher interest cycles. For example, if you have a 3 year old child, and are planning to save funds for financing their higher education in one of the… Read More »
Karnataka Vikas Grameena Bank was formed by the amalgamation of four banks sponsored by Syndicate Bank in the State of Karnataka by a Government of India Notification dated 12/09/2005. The bank works with a mission to continue as the leading and visible Grameena Bank in the country by acting as a catalyst for the growth… Read More »
If you are caught in a huge debt trap, no matter even if its Rs 1 crore, never hesitate to approach a debt counselor for financial assistance. Getting out of such risky situations are definitely very difficult but not completely impossible. Approaching credit counseling centers can be of a huge benefit. Credit counseling centers have… Read More »
With the increased incomes of many Indians leading to increased sales of the local automobiles , the global automakers have come forward to make luxury cars available to the Indian market at cost which can be affordable, considering in past, how these products were imported and had huge taxes over them. This move, is basically,… Read More »
There are a lot of things you need to keep in mind before you decide how much you need to invest. Insurance cover : You need to have adequate life insurance and health insurance cover to support your dependents in case of any crisis. If you have the burden of any loan, see to that… Read More »
Investing in equities to finance your medium or long term goals is advised because by saving a nominal amount you can get better returns. Moreover, they provide you with a tax edge, if the markets do well, then it can increase your chances of getting a better house than what you actually planned for. In… Read More »
Did you know that just by investing Rs 1554, at the age of 25, you can manage to create corpus of Rs.1 crore by the age of 60? And a delay of 5 years will draw out Rs 2861 per month, to reach the same figure? It is a fact that, when you are young,… Read More »
With majority of India’s population in the age bracket of 25-45 years, there is a lot of scope for young earners to earn a greater return by making prudent investment decisions. The path of savings and investments when pursued at an early age can help you have a brighter future, especially in the post retirement… Read More »