Article

10 Things You Must Know Before Buying Online Two-Wheeler Insurance - Learn about the important factors that should not be overlooked while buying an online bike insurance.

Your 20’s are the best time to experiment and discover yourself. This is the age when you should be doing what you are really passionate about. Do not get stuck in a job that does not make you happy. A few years down the line you will reflect back on this time and think to yourself, ‘’Why didn’t I follow my heart?’’. If painting is your passion, join an art school or become an apprentice for an artist. If writing is your passion, devote yourself fully to it and take creative writing workshops to get better at your craft. Instead of falling prey to the rat race, take a leap of faith and change the course of your life. You’ll never get your youth, freedom and singledom back.

Who can claim education loan tax benefits?It is every parents dream and duty to give the best education possible. Education is what will give our children a bright future. However, with the cost of education getting higher in India it is necessary to plan for the future of our children. Many people start saving money for their child's education at a very early stage even then with inflation and cost of education rising the saved money might just not be sufficient. Th

Buy the new iPhone 8/8 plus/X! Know all the financing options here The iPhone is one of the most sought-after mobile phones in the world and each year its launch is an event of its own. With the new iPhone 8/8 plus/X releasing in India with iPhone 8 and 8 plus releasing on September 29th in India where the iPhone 8 will have a starting price of Rs. 64,000 and the iPhone 8 plus starts from Rs. 77,000 and the iPhone X dubbed as the iPhone 10 will launch later in November and is ex

Is it a good time to switch money from FD to mutual funds?Indians are very conservative when it comes to money. The importance of saving money is instilled from childhood and for most the best way to save money is through fixed deposits (FD). The reason FDs occupy this sacred space of trust in Indian families is because it is secured, i.e. the banks guarantee your capital invested. So, whenever they got a bonus they invested that money in FDs. The other main reason f

Should You Prefer Smaller Banks for Fixed Deposit Investment?Fixed deposit is one of the best saving instruments to obtain higher interest after the maturity date. Many choose Fixed Deposit over other saving methods as it offers safety and surety of returns. In recent days, well established-banks have lowered the interest rate on Fixed Deposit schemes and on the contrary the new and small banks provide higher interest rate. If you are wondering whether the

Car loans – ways to get best offer and eligibility criteriaAs kids, we would have definitely played games pretending to be driving a car with our friends as passengers. It is a childhood fascination and dream of every person to own a car. This article is for those people who are planning to get a car, with tips on how to get the best price for your car and the eligibility criteria for car loans helping them fulfill that childhood dream. Let's start by discussin

How Can You Get Finance to Fuel Your Business?Being an entrepreneur can be very exciting and at the same time very demanding. Building your own business is indeed a challenging task which requires enormous amount of hard work and support as well. To fuel your aspirations and dreams, you may require financial support. If you aspire to be an entrepreneur or expand your existing business, this article is for you. Read on to know how you can get funding to fuel your business. 

Millennials and MoneyMillennials will be shaping the shaping the 21st century, changing the way businesses function owing to the way they perceive things.Many millennials would remember those days when parents or grandparents would take leave or put permission in their respective offices because they must go to the bank for any transaction be it opening an account, withdrawing money etc. They would stand in long lines and fill up lengthy forms for getting any services

Is It Your Dream to Own a House? Your Dream is About to Come TrueThe middle-income groups are often neglected when the government brings up any welfare scheme. But things have turned around for good with the introduction of interest subsidy scheme on housing loans which will benefit the large number of middle-class families in India. If you are still living in a rented house and your income is between 6 to 18 lakhs per annum, good news is in store for you. Read t

Keeping your bank account securedThere was a time when people were scared to get debit or credit cards or even use online payment methods. The fear of falling prey to fraudsters and the constant threat of hacking would have played on their minds. But things have changed with millennials more interested in online shopping usage of credit/debit cards and online payments have risen astronomically. With almost all banks providing mobile applications, the transfer of funds has become

All You Need to Know About Tax RefundSwitching jobs has now become a common phenomenon unlike the yesteryear where sticking to one job was the norm, to gain stable income. However, it is wise to be conscious about claiming your tax refund and deal with multiple Form-16 when you lose your job or switch jobs.If you ever felt you had paid tax more than your tax liability, you can claim tax refund with an interest. Read on to know more about how to claim your tax rebate.

Banks to Facilitate Aadhaar Enrolment and Update FacilityWhile there are lot of arguments going on about making Aadhaar card compulsory for various verification processes, it is now the most preferred option as it simplifies the procedure. Government has now asked all the banks including private sector lenders to provide Aadhaar enrolment and update facility to their customers within their branches. The accounts which are not updated by Dec 31 of 2017 with Aadhaa

Common Sources of Interest Income You Are Likely to Forget to Include in Tax ReturnDisclosing all your earnings while filing income tax return is your basic obligation. Failure to furnish all your income sources may land you in trouble in the future. Many people might forget to include the incomes that accrue interest. Let's look at what are those sources of income that you tend to forget to include in in tax returnWhat Is Interest Income?Interest incomes

All You Need to Know About NRE and NRO Accounts and Taxation in IndiaIndia has the largest diaspora population in the world with more than 16 million people living outside the country. Being a Non-Resident Indian(NRI), the income earned by you outside India is exempted from tax. However, is the interest accrued from such income taxable in India?Read on further to know more about a Non-Resident External (NRE) and Non-Resident Ordinary account and taxations in India.

Keen to invest in bank FDs? Follow these steps to get best out of your fixed depositsFixed deposits are always considered a safe bet when it comes to savings. Our parents and grandparents have instilled this investment heuristic in us for generations. Many consider the fixed deposits an investment that does not require any deep analysis and assured gain even if these gains are low when compared to other investment opti

Smart Education Loans for Smart PeopleHey there! Yes, you, who has cracked all the entrance examinations that the world offers, but faced with perplexity as to how to fund your future.Yes, the cost of education is rising both in India and abroad. This trend is seen across institutions which offer higher education courses, leaving them little option apart from going for education loans.But are you getting the best education loan out there in the market? Does it c

How Small Businesses Can Handle Rising Interest Rates?Traditional small businesses which include everything from small family run enterprises to the kirana shop around the corner are a unique and integral part of our economy. In the wake of digitization and demonetization, small businesses in India underwent a sea of change recently.  Ironically, with banks increasing the interest rates, small and medium sized enterprises have taken the hit on its growth. Let us lo

How Good Is Your Business Loan Application? Things You Must Include While Applying for a Business LoanA good business loan application is a ticket to live your entrepreneurial dreams. To make it work, you must position yourself as creditworthy to the lenders. Portraying the right combination of figures, facts, achievable goals and realistic plans for your application is essential to convince the lenders that you are into a profit-making business.We have put together some

Got Your First Salary? Budgeting Tips for Effective Finance ManagementExcitement is usually quite high when your first salary gets credited to your bank account. The tendency will generally be throwing up a party to your friends and share your happiness. You should also keep in mind that from now on, you step into the world where your financial independence becomes your crucial responsibility. We have put together some important tips on how you can manage your finances

How to make my credit score, soar?Many people in India don't know what a credit score is or even if they do they don't give much thought about it. For people who don't know what a credit score is – A credit score is the aggregate of all the financial loans a person has availed and how well or consistently they pay back the loan availed. It has the complete history of all your borrowings and paybacks. Even if your loan application or credit card application wa