HDFC EMI Moratorium

On March, 27, Country’s apex bank RBI has announced that all the lending banks/ NBFCs and Housing Loan Companies are advised to give loan EMI moratorium to its customers for three months. Installments, of all term loans falling between the period from the 01st March 2020 to 31st may20202, will be deferred for three months. […]

Income tax changes: 5 new rules from 1st April

Change in income tax slab April 1 marks the start of the new fiscal year 2020-21. And as per the Union Budget announced by our Honorable Finance Minister Nirmala Sitharaman, many new I-T rules will now come into force. Given the situation of the COVID-19 pandemic lockdown, the government has extended the deadline for some […]

RBI Reduces Repo Rate by 75 Basis Points to 4.4%

RBI governor Shaktikanta Das on Friday 27th March 2020 announced a cut on repo rate by 75 basis points. He said this is often a unprecedented condition and these steps are taken in sight of the Covid-19 pandemic to preserve the economic stability & to spice up liquidity during a stimulus worth 3.2% of GDP. HIGHLIGHTS: WHAT RBI Governor Announced Cut in repo rate by 75 […]

What are the benefits of having life insurance plans?

Apply for life insurance: First, I will explain to you, ” what is life insurance?” Later, I will explain their benefits. Insurance is a means of protection from any financial loss. It will act as risk management that will save you from going bankrupt. Life insurance or life assurance is a contract between an insurance […]

How to Apply for a Fixed Deposit in India?

How to Apply for a Fixed Deposit in India? Compare Fixed Deposit Rates in India: Fixed Deposits endure one of the most popular investment mechanisms in India, generally due to the low risk and guaranteed returns. Most Savings Accounts offer interest at 3.5 – 4% p.a. whereas Fixed Deposits can provide interest at a rate of up […]

Best Mutual Fund Investment | Rokdabazaar

Best Mutual Fund Investment : A mutual fund is an investment pooling entity that is professionally managed by an asset executives company (AMC). It brings together a group of investors and invests their money in stocks, bonds, and other avenues. As a mutual fund investor, you are assigned mutual fund units that show your contribution […]

5 Tax Implications of Mutual Fund Investments

Mutual funds are one of the best investment instruments from the perspective of maximum returns and minimum risk. A mindful selection of funds can bring good returns with less exposure to potential risks. Along with the returns and risks of investing, a mutual fund investor should also be aware of the tax implication on the […]

Complete Guide to Bank Fixed Deposits

Bank Fixed Deposits are financial long-term investment tool which helps you to save and invest money from your monthly income. The investment made in Fixed deposits provide you returns over a fixed period of time and can help you in your rainy days and future. Bank fixed deposits are one of the most traditional and […]

How to make Fixed Deposits effectively work for you?

It is a universal desire of most humans to generate and keep accumulating wealth. Investing the available capital in hand in existing asset classes is a starting point for many. We live in a world which is increasingly discarding the “old” ways or objects for the “new” and in most cases for the right reasons […]