892085total sites visits.

      BFSI Website – Which One is the Best?

      Sunday, July 17th, 2016 Amritesh one response

      The internet has made the world a smaller place. Most of us spend time on social media platforms and mobile apps. Calling, messaging, viewing content and shopping everything is done online.  Like every other product, even the BFSI sector has extended their services online. While banks were the first movers, insurance is not behind. The financial sector does not only provide services online but they have also optimised their websites and communication to cater to the needs of their audience. One such company is EdelweissTokio Life, they recently launched their new website. The news was trending on twitter at number one position.  The new website was appreciated by most people online.This instigated me to go and check out their website.…

      Exide Life Income Advantage Plan: Save, Earn and Be Insured

      Thursday, June 9th, 2016 Amritesh no responses

      Exide Life Income Advantage Plan is a customizable savings plan which offers you with Guaranteed Income and Insurance cover under the same plan. The plan primarily aims at providing additional income option to meet future financial requirements. It is a Traditional Participating Insurance Plan which will provide you with regular payouts in the latter half of the policy tenure while you need to pay the premium only during the 1st half of the policy tenure.It is an ideal plan for individuals who are looking for an Insurance cover along with an additional income to meet future goals such as Child Education expenses or to take better care of your loved ones. The Cost of Living is always on the rise…

      Kushal Tradelink Equity: Potential Investment Option for Retail Investors

      Monday, April 11th, 2016 Amritesh one response

      Investing in Stock Market in never an easy thing to do as you have so many stocks across sectors and it is very difficult to ascertain as to how the stock will perform over a period of time. Today I will review Kushal Tradelink, a BSE Small Cap Stock which seems to be an interesting pick and Individuals may have a serious look at it as it has been doing really well over the past few months and the fundamentals also look very promising. Thereby, Retail investors may look to invest in the stock and make decent returns.The company is currently listed in BSE Index and is in process to be listed in NSE very soon.In this post, I will…

      Small Savings Schemes Rates Unchanged for Last Quarter (January-March) Of Financial Year 2016-17: Interest Rates Unchanged

      Monday, March 21st, 2016 Amritesh no responses

      Government has revised the interest rates on popular Small Savings Schemes toeing in line with the decision taken last month (February,’16) to review the interest rates on quarterly basis (instead of annual cycle) from the new Financial Year (April,’16). The decision has been taken to align the small savings interest rates with the relevant market rates of relevant Government Securities. The rates will now be reset every quarter in order to align them with the current market rates. The interest rates on Small Savings Schemes are much higher as compared to rates offered by Banks. The Central Bank (RBI) has been clamoring for revision in rates as it is leading to distortion in rate structure. Government is trying to provide…

      Top Equity Linked Savings Schemes (ELSS): To Invest In 2016

      Sunday, February 28th, 2016 Amritesh no responses

      Equity Linked Savings Schemes (ELSS) mutual funds is one of the best investment cum tax saving option available to the Individuals, who are looking at tax saving investment schemes. Previously, I have discussed about  the Features and Benefits of Investing in ELSS, the links to the post is provided below:-Equity Linked Saving Scheme (ELSS): An Investment cum Tax Saving SchemeReasons To Invest In ELSS: Features and BenefitsIn this post I will discuss about the Top ELSS plans one may consider for Tax Saving as well as Investment. ELSS plan is a viable investment cum tax saving option in the current scenario as the markets have been underperforming for quite some time now. This means you will acquire more units at a…

      Insurance and Investment: How Are They Different?

      Sunday, November 29th, 2015 Amritesh one response

      Personal Finance may sound very simple but in reality it is not the case. As many of you will admit that taking an Investment or an Insurance related decision is always very difficult. One should take decision based on his/her future capital requirements and security coverage needs. Individuals should not succumb to the schemes promoted or marketed by the Insurance/Investment Advisors who in their bid to sell their respective financial product may manipulate facts.Individuals should be very careful while taking a financial decision and have a close look at the features, benefits, riders before putting in their hard earned money.Investment and Insurance are two terms which is often interchangeably used, but in reality they are not similar and denote two…

      Benefits, Drawbacks And Returns: Sukanya Samridhi Scheme (SSS)

      Sunday, March 15th, 2015 Amritesh 3 responses

      Last week I had posted about the features and other details of Sukanya Samridhi Scheme (SSS) initiative started by the Government recently. The Scheme offers one of the highest returns on Investment among all Savings Schemes offered by Government of India. You can follow the link given below to read the details and features of the Scheme. I suggest you read it before going through this post to have a better understanding.   SUKANYA SAMRIDHI ACCOUNT SCHEME (YOJANA)   In this post I will discuss the benefits and drawbacks of the scheme and also show illustration of the return on Investment in the Scheme.   BENEFITS UNDER SUKANYA SAMRIDHI SCHEME Higher Rate of Return On Investment: The return on Investment…

      Sukanya Samriddhi Yojana (Scheme)

      Friday, March 13th, 2015 Amritesh no responses

      Sukanya Samridhi Scheme (Yojana) is a deposit/investment scheme for Girl Child. It is a Government initiative started vide notification dated 02.12.2014 under the Beti Padhao Beti Bachao (Save and Educate Girl Child) campaign keeping in mind the welfare and educational needs of a girl child. The Scheme encourages the Parents/Guardian to make investment for their daughters so that they could support their Higher Education or even Marriage in the future. Government has amended the maturity and withdrawal norms via a notification dated 18.03.2016. Those changes have been incorporated in this article.   In this post we will look at the Salient Features and Benefits under the Scheme:-   ELIGIBILITY Either Parent (Father or Mother) can open an account in the…

      Senior Citizen Savings Scheme (SCSS)

      Wednesday, March 11th, 2015 Amritesh one response

      Senior Citizen Savings Scheme (SCSS) was introduced in the year 2004 for the benefit of the elderly individuals. The interest rate on the investment is almost identical to the interest paid by the banks on Fixed Deposits. But unlike Fixed Deposits, SCSS is eligible for Tax Deduction U/S 80C on Investment up to Rs 1,50,000/-.   SCSS Account can be opened in Post Offices or any designated branch of 24 Nationalised Bank and One Private Bank (ICICI Bank).   In my opinion it is good investment option for risk adverse Investors as Return on Investment is more or less fixed, as Government announces the rate of interest yearly which does not change much.   In this post we will look…

      Life Insurance: Assurance And Investment

      Sunday, April 13th, 2014 Amritesh no responses

      Life Insurance is assurance by the Insurer that upon the demise of the insured person the claim amount as per the contract or agreement will be paid to the nominee of the Insurance holder in exchange of the premium paid by the insurer for the same. The payment of premium can be on the monthly, quarterly, yearly basis depending on the terms agreed upon. There are various types of Insurance policies in the market which not only provide Life cover but also provide additional benefits such as Accidental and Disability benefits. Life Insurance is very essential for every individual as you are not aware about the future shortcomings. Moreover you have responsibilities and obligations to fulfill which make insurance even…