Settling down in a new country is not a trouble-free task. The process involves wrapping up things at your current place of residence and starting things anew in a completely different location. It also leads way to other fundamental changes of living, starting from a new bank account to a new residence. Understand all the financial aspects of opening up an NRO account or an NRE account, best-suited for your needs.Continue reading “What is NRE and NRO Savings Accounts”
A business loan is a way for a small company to obtain some initial capital and make some investments that are required in order to start its operation and grow from that point. But there are also some disadvantages about the business loan such as concealed information and costs.
The young generation of India is smart, vibrant, and capable. They have the strength and willpower that can take them places. And when it comes to studies, Indian students are excelling in every stream. Many global universities have seen a steady rise in the number of Indian students enrolling for post graduation degree courses away from their home country. This is because the Indian job market welcomes a degree from a top international university as compared to an Indian’s Bachelor’s or Master’s degree. Although, getting admission in an International Institution can be a hard nut to crack.
Paying heed to the advice of her close friend, Mrs. Reema Desai decided to invest in a health cover for herself and her family members. She understood that a health insurance policy offers financial security for high medical expenses in an event of hospitalization. However, she was confused about which insurance provider to choose given the various options available in the market.
If you are looking to reap the benefits of the stock market as well as receive insurance benefits, then a Unit-Linked Insurance Plan (ULIP) is an ideal investment option. Such policies invest in the stock market through a mix of growth, balanced, and equity schemes. Since these have an equity advantage, they have the potential to earn higher returns. ULIP plans also offer the benefit of life cover, thereby providing financial security to your loved ones in case an unfortunate event occurs.
Family matters the most. It is of utmost importance to safeguard family members especially in the event of untimely loss of their only bread-earner. However, the unforeseen cannot be predicted hence, it is vital to protect the life of our loved ones in our absence by opting for life insurance. Term insurance plan is a life insurance product where financial coverage is provided to the beneficiary of the insured during untimely death of the policy holder within the policy term. Term insurance is by far the most affordable and popular plan among various other life insurance products.Continue reading “Term Insurance Plans– Lifetime Protection for Family”
With regard to the Indian banking scenario, both nationalized and private banks play a vital role. Among the private sector banks, Yes Bank is a popular name and the fourth largest private bank in India. Since its commencement in 2004, Yes Bank has continued to play a pivotal role in offering customers dedicated and multiple services.Continue reading “What we see with Yes Bank Stock dip is a temporary Phenomenon. This Star will shine very soon, thanks to its fundamentals”
In 2017, India’s share of global market capitalisation (market cap or m-cap) went up after staying relatively flat over the last three years. The spike came on the back of a stellar showing by the Indian stock market, with certain key indices hitting new highs.
As a result, India’s share of world market capitalisation went up by 57 basis points (bps) from a year ago. It now stood at 2.93%. This also diminished the gap with share of gross domestic product (GDP) to the least it has been in five years.Continue reading “India’s Share of Global Market Capitalisation Narrows Gap with GDP Share”
Fixed deposits are an invaluable financial resource. This is because your investment in an FD matures over a long tenor, and along the way it earns interest, thereby ensuring that your money multiplies. However, it is possible that you encounter various situations and emergencies such as a wedding in the family, emergency hospitalization of your spouse, or financing your child’s higher education needs in the interim. Under these circumstances, you will have to raise finances urgently. This is where investing in a fixed deposit proves to be handy. Instead of taking an unsecured loan to meet your need for finance, you can take a loan against FDs to fund your immediate and urgent requirements.Continue reading “Everything You Need to Know about Loan Against Fixed Deposit”
Does the ‘Mutual Funds Sahi Hai’ advertisement ring a familiar bell? The series of ads would appear on prime time television. This campaign was launched by the Association of Mutual Funds of India (AMFI) to increase the awareness of mutual fund investments for all. The AMFI considered the educational campaign to be a necessary move because around 95% of Indian households are known to let their money stay idle in their bank accounts. On the other hand, less than 10% of people invest in mutual funds, according to a survey by SEBI.
If you are new in the stock exchange market and wondering aimlessly to get in touch with the best service of brokerage, then Angel Broking is the name that is sure to guide you in the right path. Opening a bank account might seem to be a difficult task, but with Angel Broking, it would become easy to go through the procedures easily. Rather, it would help you to grasp a better idea about the dealings that take place in the stock market. Read on more about a detailed discussion of Angel broking Demat account and the host of benefits that it brings.Continue reading “Angel Broking Demat Account: All You Need To Know”
In most metro cities across India, the price of real estate has been on the rise for quite a while. Despite the rising prices, people continue to look for their new homes, hoping to find their ideal house before the real estate prices surge even further. However, those in the market for a new home are finding it difficult to find something that meets both their aspirations and their budget. Thankfully, it is possible to opt for a home loan to helps realise the dream of owning your very own home.