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Education loan to get costlier as banks buying insurance
The cost of insurance cover with education loan is 2-3% of the loan size. The policy is of the value of the loan and assigned in favour of the bank.
Inflation-indexed bonds won't protect the savings of the poor
The govt has made an announcement regarding the launch of the inflation-indexed bonds that finance minister had first promised in his Budget speech.
Gilt funds see net inflows of Rs 1018 cr in October
Due to massive inflows in gilt funds in October, year to date net inflows now stand at Rs 560 crore, according to Association of Mutual Funds of India.
IDBI MF's Dynamic Bond scheme opens tomorrow
The scheme offers to generate income while maintaining liquidity on a minimum investment of Rs 5,000.
RBI may tighten credit card norms
Bankers say that they expect tighter standards to be prescribed for banks while installing acceptance devices in stores.
Aviva launches Aviva i-Shield, a return of premium term product online
Return of premium term insurance products, as the name suggests, gives back a certain return on the premium paid if the policyholder survives the policy term.
Gilt funds see net inflows of Rs 1018 cr in October
Due to massive inflows in gilt funds in October, year to date net inflows now stand at Rs 560 crore, according to Association of Mutual Funds of India.
Bilcare launches new FD scheme, offers 12% for 3 years
Bilcare Limited has launched fixed deposits for a time frame of one, two and three years respectively. The minimum amount of investment is Rs 20,000 and in multiples of Rs 1,000 thereafter.
Customers seek lower limit on credit cards
Customers are calling in their credit card companies to lower the credit limit on their cards, worried that they may be tempted to overspend.
Swabhimaanya rolls out insurance schemes for maid
Financial inclusion co Swabhimaanya rolled out insurance cover starting with premiums as low as Rs.200 per annum for domestic helps and chauffeurs.
Reviewing the plan is as critical as its creation
A financial plan needs to be ideally reviewed, once in a year. This will ensure that changes are incorporated and the plan is still relevant.
Know your needs for best financial advice
Tax planning is no child's play. Choose a financial planner who can guide you as per your financial & personal requirements.
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