No, You DON’T Get 10% Guaranteed Returns in LIC Jeevan Utsav Plan (No. 871)
LIC has launched a new life insurance plan in 2023 – The name of the new policy is LIC Jeevan Utsav (Plan No. 871), and Jeevan Utsav not only offers life insurance but is also meant to generate regular...
View ArticleHow to Optimize Rs 50,000 SWP from Rs 1 Crore Corpus for Regular Monthly Income?
If you started in January 2013 with Rs 1 Crore in Liquid Fund (say for example - ICICI Pru Liquid Fund) and did a SWP of Rs 50,000 monthly, then to date, you would have withdrawn a total of Rs…… Read...
View ArticleWhat happens to Fixed Deposits if a DICGC Insured Bank fails in India (2024)?
What happens to deposits of account holders if a DICGC insured bank fails in India? In India, a majority of people have some money parked in bank FDs as these are perceived to be the safest way to save...
View ArticleIs Small Finance Bank Safe For high interest rate FD (2024)?
As of now, the highest FD interest rates are offered by the small finance banks. And it is natural for people to get attracted to these when other larger and established banks in India are offering...
View ArticleLIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2024)?
LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more...
View ArticleHow to Plan for International Vacations Every 2-3 years without Guilt (2024)?
A cousin aged 30, recently got married. He and I discuss finances frequently and hence, he asked me one day – My wife and I want to travel and take international vacations every 2-3 years starting from...
View ArticleLIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2024)?
LIC has launched a new term life insurance plan in 2023 – The name of the new policy is LIC Jeevan Kiran (Plan No. 870). It’s a simple a non-linked, non-participating, term life insurance policy but...
View ArticleWhy Sukanya Samriddhi May not be enough for your Daughter’s future (2024)?
As an Indian parent, one of the most important goals is to secure your child’s future. And at times, people end up compromising retirement savings to fund children’s education. In view of the...
View ArticleWhat is UDGAM, RBI’s Centralised Portal to search for Unclaimed deposits (2024)?
The RBI has launched a new centralized portal named UDGAM (Unclaimed Deposits - Gateway to Access Information) on 17th August 2023 (via link) - that allows common people to search for unclaimed...
View ArticleHome Loan EMI Ready Reckoner (for Rs 10 lakh loan) with different tenure/rates
Here is a easy-to-use Home Loan EMI Ready Reckoner for Rs 10 lakh loan with different tenure/rates. You can use it to quikcly estimate your monthly EMIs when you take a home loan: You can also use this...
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