Using SIPs to prepay your home loan: Is it a genius strategy you should try or a gamble you should avoid?Want to pay off your home loan faster? You can consider the EMI plus SIP strategy. It involves taking a longer loan tenure and investing th...
Now you can do SIPs into T-bills via RBI’s retail direct platform; know how will it work and should you go for itRBI Governor today announced that retail investors will soon be able to start SIPs in Treasury Bills through the RBI's retail direct platfo...
Interest rates are falling, time to switch your home loan regime: Save above Rs 8 lakh by switching to EBLR; Know howHome loan interest rates are decreasing after the Reserve Bank of India repo rate cut. Borrowers can save money by switching to the Externa...
Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reducedHealth insurance: Premiums of health insurance policies went up by more than 25% for 52% policyholders in India over the last 12 months. In...
Two insurance rules from April 1, 2024: Demat type e-Insurance Account must to buy new policies, latest surrender chargesTwo major insurance rules that are effective from April 1, 2024, are — compulsory e-Insurance policies for new policyholders and the latest...
Life insurance: IRDAI retracts on low surrender value proposal; know applicable surrender charges from April 1, 2024The Insurance Regulatory and Development Authority of India (IRDAI) has finalised surrender charges for non-linked or linked life insurance...
NPS partial withdrawal rule changes from February 2024: How does it work, when should you go for it?NPS partial withdrawal rule change: The Pension Fund Regulatory and Development Authority (PFRDA) has recently came out with a master circu...
Premature withdrawal to be allowed on all bank FDs of up to Rs 1 crore: RBI hikes limit of non-callable FDsFixed Deposit rule change: RBI has increased the minimum amount for offering non-callable term deposits to Rs 1 crore. Earlier the limit wa...
Will PPF, Sukanya Samriddhi, SCSS interest rates be hiked for December quarter?Will the interest rates of PPF, Sukanya Samriddhi Account, Senior Citizens Savings Schemes (SCSS) go up in December quarter? The Central Go...
NPS rule change: Default option available in NPS Tier II accounts for govt employees; what is it and how will it help you?The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the default scheme option in NPS tier II accounts the governme...
UPI Now, Pay Later: Not enough money in bank account? You can still do UPI transactions and pay later; how to useUPI Now, Pay Later: The RBI has recently enabled transfers from pre-sanctioned credit lines at banks through the UPI network. You can spend...
Fixed deposit interest rates start seeing a dip in banks; how to select FD tenure now for maximum returnsFixed Deposit Interest Rate: DCB Bank slashed interest rates on its fixed deposits by up to 50 basis points this month. Among other banks, ...
Will banks start reducing fixed deposit (FD) interest rates now? All eyes on RBI MPC announcements on August 10Several major public and private sector banks have reduced interest rates since May 2023. Axis Bank, Punjab National Bank (PNB), Union Bank...
New car insurance plan: File single claim for multiple chips, scratches, minor losses anytime; should you buy?Add-on covers are usually additional benefits that you can add to your comprehensive car insurance policy by paying an extra amount. To pro...
SBI allows even non-SBI account holders to pay via YONO App's UPI, takes Google Pay, Paytm, PhonePe head onThe State Bank of India (SBI) has recently allowed any bank customer to use its YONO app for United Payments Interface (UPI) payments. Simp...
A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?Bajaj Allianz Life Insurance has now come up with a term insurance plan specially designed for people who have diabetes. Named as as Bajaj ...
At 7.5% rate, Mahila Samman Savings Certificate offers higher interest than bank FDs; who should invest?Mahila Samman Savings Certificate (MSSC) is a one-time scheme that offers a fixed interest of 7.5 per cent. It can be opened in the name of...