We could see many Indians take life insurance(LIC) and decides that it is an investment. Investment means money grows by investing. In LIC, money is growing 4-5% annualized interest. It is less that fixed deposit. We agree that life insurance provides risk cover for the loved one or protection plan for family. But do not ever consider that as investment ...
Personal loan is unsecured loan from bank and financial institution. Personal loan can be availed by submitting the document for KYC and monthly income statement. Personal loan is popular loan in india. Because it is easy to get with minimal documentation. Loan tenure from 12 to 60 months with interest of 11% to 24% interest per annum. SBI, HDFC, Citi ...
SIPs are Systematic Investment Plans where money is deducted from your bank account and invested automatically. With an SIP, you’re able to purchase fund units at different levels of the market. To start invest in mutual funds in SIP, open saving account in one of the bank, get cheque book for the account and internet banking for the account. To ...
Term insurance are typically lowest premium insurance plans that provide full protection and financial stability to your family in case of any unforeseen events. A term insurance plan is the simplest form of financial protection that can help your family meet its financial needs in your absence. In case of death of the insured individual during the policy term, insured ...