There is a huge pull factor in markets about insurance. But a person can fully survive and cover most risks if he/she knows about these 5 insurance policies to buy. The confusion can be less if you know the 5 insurance to buy. Here is the list of Insurance You Should Buy only and nothingRead More
NRE FD for NRIs – Features & Details
An NRI, who looks for a safe and attractive investment avenue of investments. We know FDs provide assured returns. But for NRIs NRE FDs is a great investment tool with a minimum tax burden. Let’s analyze the benefits, and taxation of NRE FDs for NRIs. NRIs who earn abroad can consider parking their money inRead More
When NOT to Buy Term Insurance Policy
Whenever we recommend life insurance, we always prefer a pure term insurance called the Term Plan or Term Insurance Policies. Can there be a scenario when one does not require life insurance? Can there be reasons When NOT to buy term insurance policy? Let’s explore this scenario today. Pure protection term plans are the bestRead More
NRI Aadhaar Card Rules – FAQs
NRI & Aadhaar have been always a point of confusion. NRI needs an Aadhaar Card or NOT? Is Aadhaar only for Residents or it’s not? Can NRIs invest in India or open a bank account without Aadhaar… many such questions? So here we answer all of these & solve the mystery – Is Aadhaar mandatoryRead More
Welcome Central Bank Digital Currency – CBDC
On 1 st November, the Reserve Bank of India launched India’s first Central Bank Digital Currency pilot project for wholesale purposes. As of now 9 banks namely State Bank of India, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and the Indian unit of HSBC Holdings haveRead More
Traditional & Non-Traditional Ways to Borrow Money
As one of the greatest investors of all times ‘Warren Buffett’ once said “I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.” This is true but emergenciesRead More