Personal loans are unsecured loans that often carry a lower interest rate than credit cards. Being unsecured, personal loans do not come with the added…

Like most buying decisions, individuals also get confused while buying a life insurance policy.Questions like which policy will suit him the best, what is to…

There was a time when your paycheque made you eligible for marriage. Now it makes you eligible for credit, including unsecured personal loans and credit…

Mutual Fund A mutual fund is a common pool of money into which investors place their contributions that are to be invested in different types…

What is Life Insurance? Life Insurance can be termed as an agreement between the policy owner and the insurer, where the insurer for a consideration…

You may find yourself extremely unsettled by the ups and downs of the market. It has become increasingly difficult to make educated decisions on what…

Myth: I won’t get independent advice   Fact: It’s all about choosing the right planner It’s important for people to take the time to find someone…

What is considered a good credit score? TransUnion CIBIL is one of the four credit bureaus generating reports related to credit score in India. CIBIL…

WHAT IS AN INDEX FUND?An index fund is a type of mutual fund with a portfolio constructed to match or track the components of a…

In India, there are many stock exchanges. The two most important ones are the Bombay Stock  Exchange or BSE and the National Stock Exchange (NSE).…

What Is Currency Market?Currency markets are also known as FOREX (Foreign Exchange market) -a marketplace where currencies are bought and sold.The Forex Market began in…

The Securities and Exchange  Board of India (SEBI)The Securities and Exchange Board of India was constituted on April 12, 1988, as a non-statutory body. It…

There is a financial advisor for every budget and financial situation. Here's a look at the types of financial advisors, and how to choose the…

The Government of India has launched the Sovereign Gold Bonds  Scheme. In this scheme investors will get returns that are linked to the gold price, …

The Public Provident Fund is a savings-cum-tax-saving instrument in India. Introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme aims…

It took a lifetime to save for retirement. We can help you turn it into a lifetime of income with the right financial plan. What…

Mutual funds, also known as Equity Linked Savings Scheme (ELSS), are great tax-saving instruments under Section 80C of the Income Tax Act, 1961. This section…

INVESTMENT   Investment is the employment of funds on assets with the aim of earning income or capital appreciation.   Financial Investment is the allocation…

Procedure to Get Tax Benefits on Home Loans Saving on taxes or leveraging the tax benefits is something, which is overlooked by home buyers. Unawareness…

Portfolio Management Services (PMS), service offered by the Portfolio Manager, is an investment portfolio in stocks, fixed income, debt, cash, structured products, and other individual…

1. Talk About ItRegardless of the type of stress, verbalizing your feelings about the situation is the first step towards relieving anxiety. The Psychological Association…

Sometimes up, sometimes down as the market is both hot and cold during a coronavirus outbreak, The coronavirus pandemic has disrupted our daily lives and…

WHICH IS BETTER HOME LOAN OPTION?If you are in the market for a home loan, you have the option of either going to a bank…

There are various types of home loans offered by various banks and NBFCs. Before applying for any home loan understanding which one fulfills your needs…

1. Start investing early:Time is one of the greatest assets that an investor has thanks to the power of compound interest. The earlier you start,…

5 key points every investor must know before starting online tradingOnline trading can be really is simple and this presentation will give the reader 5…

IPO trading can be madesimple if a certain number ofsteps are followed anddecisions are made carefully.HOW DO YOU APPLY FOR AN IPO?• IPO’s can be…

Most people would rather save their money in a bank somewhere than invest, mainly because of the risks associated with investing. Diversification is the key…

Most people would rather save their money in a bank somewhere than invest, mainly because of the risks associated with investing. Diversification is the key…

RBI OFFER A MORATORIUM ON REPAYMENT OF LOANThe RBI allowed all lending institutions to offer a moratorium to borrowers on repayment of all term loans.…

There are broadly three types of participants in the derivatives market - hedgers, traders(also called speculators) and arbitrageurs. An individual may play different roles indifferent…

Money is one of the major causes of fights in relationships. But the solution is quite simple. A joint account is the best way to…

Marketing strategy is used by different companies to collaborate with their consumers. It is also employed to aware the customers about the features, specifications, and…

The gross non-performing asset ratio of banks may increase to 9.9 percent by September 2020 from 9.3 percent in September 2019, according to an RBI…

In India, investment risks are very high due to dishonest practices, frauds and unethical investment culture. Investors experience a sense of helplessness and insecurity, they…

A credit card is an instrument to help you make instant credit-based transactions.Unlike debit cards that are linked to your bank accounts and debit the…

Basis Payment bank Small finance bank NBFC Objective Provide small savings accounts and payments /remittance services to migrant labour workforce and low-income households. Financial inclusion…

MUDRA VISION "To be an integrated financial and support services provider par excellence benchmarked with global best practices and standards for the bottom of the…

About MCX: Headquartered in Mumbai Having started operations in November 2003, today, MCX holds a market share of over 80%* (87.3% during the nine months…

The financial markets enable efficient transfer and allocation of resources for productiveactivities in the economy. Users of funds include businesses, governments, and householdswho seek funds…

If you are planning to buy a term insurance plan in the coming weeks, then you are at the right place, because today I will…

FinTech in short “Financial Technology” is a concept of digitalizing financial services. FinTech’s main aim is to digitalize all the financial services to maintain transparency,…

History IRDA was set up in 2000 as an autonomous body to regulate and develop the business of insurance and reinsurance in the country as…

The global economy has entered a recession as a consequence of the coronavirus pandemic. There are lockdowns across the world, hitting economies hard. The International…

About CRISIL CREDIT RATING & INFORMATION SERVICES (INDIA) LTD is a global analytical company providing ratings, research, and risk and policy advisory services. CRISIL’s majority…

Traveling abroad has always entailed with it the necessity of carrying a sufficient amount of foreign currency. It required keeping a constant track of the…

What exactly is budgeting? At its simplest, it’s a ledger detailing the spending decisions you intend to make. It estimates how much money will come…

What is Risk in a Financial Terms? In investment decisions, the risk is defined as the possibility that what is actually earned as return could…

Introduction Pension plans provide financial security and stability during old age. The retirement plan ensures that people live with pride and without compromising on their…

Real estate is one of the oldest and most popular asset classes. Most new investors in real estate know this, but what they don't know…

About (PM CARES Fund)The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) were created on 28 March 2020 following the…

Overview of the Bombay Stock Exchange BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & the Fastest Stock Exchange in the world…

The income of a household has to be adequate to meet the current expenses as wellas provide the savings to create the assets that will…

Digital Banking has completely changed the way we bank in today’s times. With Digital Banking, you can transact with higher speed, ease, and convenience.it is…

Overview of National Stock ExchangeThe National Stock Exchange (NSE) is a stock exchange in India.Set up in November 1992, NSE was India's first fully automated…

The index is a statistical indicator that measures changes in the economy in general or in particular areas. In the case of financial markets, an…

A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by…

The Prevention of Money-Laundering Act, 2002 (PMLA)- Amendments 2019The Prevention of Money-Laundering Act, 2002 (PMLA), is an act to prevent money laundering and to provide…

We have seen from may years that for conservative investor debt funds and fixed deposit is preferred investment option, because these investment options are safe…

Derivatives are essentially contracts whose value is derived from an underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and…

When it comes to home loans, there are a lot of financial terms that leave the applicants confused. Mostly, borrowers get confused between ‘Home Loan’…

Gold is mostly bought by central banks as part of the reserves they like to keep. Indians areamong the largest retail buyers of gold in…

Personal LoanA personal loan is precisely what the name indicates: a loan for personal use. Personal loans are a lump sum of money that, if…

Someone’s sitting in shade today because someone planted a tree a long agoWarren Buffet Savings and investments are often used interchangeably, but they are the…

For those of you who want to invest in stock markets, there are few basics that you have to be aware of. Two of the…

Fiscal Policy is a part of macroeconomics. This policy is also known as a budgetary policy. One major function of the government is to stabilize…

Long- Term Capital Gain (LTCG)  Long term capital assets are the assets that are held by the taxpayers for a time period of more than…

Secured loans :The major characteristic of secured loans is that they are backed by an asset, such as a house or a car. The asset…

BASEL NORMS Basel accords are introduced by Basel Committee of Banking Supervision (BCBS), a committee of banking supervisory authorities that was incorporated by the central…

What is KYC...?? KYC stands for ‘Know Your Customer’ It is a process by which banks obtain information about the identity and address of the…

TOP-UP LOAN A top-up loan is a facility provided by banks, housing finance companies and other financial institutions that allow you to borrow a certain…

Balance transfer of loan is the process where a customer transfers his outstanding principal amount to another bank or financial institute primarily for a better…

Wealth Creation   It is desirable to set financial goals based on individual needs and the surplus available to reach those goals. This leads to…

While the financial markets have become accessible to more people, it has become challenging for them to choose the most suitable one. A trader should…

Return on investment is a basic computation made to assess how an investment isperforming. Every investment can be represented as a set of inflows and…

Portfolio Strategy is a roadmap by which investors can use their assets to achieve their financial goals. It refers to the design of optimal portfolios…

A leisure loan is when a customer (client) agrees with a lender (financial institution) to borrow money to purchase a 'leisure' vehicle - like a…

Systematic Investment Plans (SIPs) is becoming popular in the recent few years. Thanks to demonetization, that many individuals discovered the charm of SIP and mutual…

Power of Compounding Patience & Power of compounding is the keys towards wealth creation. The power of compounding over a long horizon, if invested in the right…

Short-term vs Long-term InvestmentsInvestment is not the quickest means to become rich, which you invest for a short period of time and expecting to make…

What is the banking ombudsman? The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain…

What is Collateral?Security Collateral is a property or other assets that a borrower offers a lender to secure a loan. If the borrower stops making…

PRIORITY SECTOR LENDING Priority Sector Lending is an important role given by the (RBI) to the banks for providing a specified portion of the bank…

Pradhan Mantri Jan Dhan Yojana or PMJDY was launched in the year 2014, by the Prime Minister Narendra Modi, with an objective of financial inclusion.…

Creating a charge on the asset Banks often ask for security in return for a loan to protect themselves in case of default by the…

CASHCash includes legal tender, bills, coins, checks received but not deposited, and checking and savings accounts. Cash comprises cash on hand and demand deposits with…

Insurance is a basic form of risk management that provides protection against the loss ofthe economic benefits that can be enjoyed from assets. These assets…

A Return or financial return, in its simplest terms, is the money made or lost on an investment over some period of time. Every investment…

National Savings Certificate (NSC) is a tax saving investment that can be purchased from any post office by an Indian Resident. Being a fixed return…

NATIONAL PENSION SYSTEM The National Pension System (NPS), earlier known as the New Pension Scheme, is a pension system open to all citizens of India.…

On the occasion of Panchayat Raj Day, PM Narendra Modi interacted with village sarpanchs (heads) from across the country on April 24, 2020, and launched…

A way of determining the net cost of life insurance to the insured. The total amount the insured gets back from the insurer is deducted…

Working capital is the capital required by the businesses for financing their short-term needs and is a part of current assets. It is the measure…

Deflation occurs when asset and consumer prices fall over time. While this may seem like a great thing for shoppers, the actual cause of widespread…

Currency exchange is a business that has the legal right to exchange one currency for another to its customers. Currency exchange of physical money (coins…

Step 1: To e-verify, your return, log into your account on Income Tax e-Filing Website. (http://incometaxindiaefiling.gov.in/)   Step 2: Select “e-File” and in the drop-down…

Strategies for a Bearish Market A bear market is defined as a stock market decline of 20% or more from recent highs that lasts at…

Gold is one of the most preferred investments in India. Families invest in gold to save for their child's marriage. Indians primarily buy gold jewelry…

The Consumer Price Index (CPI) is an indicator that measures the average change in prices paid by consumers for goods and services over a set…

FICN (FAKE INDIAN CURRENCY NOTES) Fake Indian Currency Note (FICN) is the official term for counterfeit notes in the Indian economy. Estimates vary as to…

How to Unfreeze Your Frozen NPS Account? NPS (National Pension Scheme) is the most popular investment option for tax-saving and retirement. You can claim additional…

Insurance removes the risks to the income of a household from situations such as loss ofincome, reduction in income, or an unplanned and unexpected charge…

There are certain requirements for a risk to be insurable.   A large number of exposure unitsA large group of similar, though not necessarily identical,…

It’s a common stereotype that young people are more likely to make impulsive buys and carelessly splurge their money. A large percentage of those in…

Seed funding is an initial investment in a business in exchange for a stake in the company. Seed funding tends to be done at the…

Right IssueA rights issue is an issue of rights to buy additional securities in a company made to the company's existing security holders. When the…

Placing of orderThe Broker accepts orders from the client and sends the same to the Exchange afterperforming the risk management checks. Clients have the option…