General

Pradhan Mantri Awas Yojana eligibility

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PMAY-Features and benefits The main features and benefits of PMAY scheme are mentioned as follows: Interest rate is provided at a subsidized rate of 6.50% p.a. if beneficiaries opt for housing loan for a tenure of up to 20 years. The interest subsidy will be provided for Middle Income Group (MIG) on housing loans for … Read more

Financial checklist for 2022

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Life often throws us unexpected surprises. The current Covid-19 pandemic is one such example. The financial ramifications of such situations are huge for most of us. There are certain things that are beyond our control. But at the same time, we can control and plan for some things in advance. And these can help us … Read more

Top 9 learnings from the Covid-19 pandemic

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The COVID-19 pandemic had taken the world by surprise. It is clear that the world was not prepared to handle a crisis of such a large scale. It has taught us quite a few important lessons the hard way. From a financial perspective as well, it has caused stress to several thousand people throughout the … Read more

8 money resolutions for 2021

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  I won’t let money lie in the savings bank account. It makes no sense. It loses value as inflation rates are higher than the meagre interest that it makes. But as I ponder over my choices, and worry about investing in the wrong thing, money simply lies there. I shall act on those balances … Read more

WhatsApp payments:How to set up, send and receive money via WhatsApp Pay

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In early November, Facebook-owned WhatsApp and the National Payments Corporation of India (NPCI) announced that WhatsApp will start operating UPI payments service. According to a blog post by WhatsApp, “WhatsApp designed our payments feature in partnership with NPCI using the Unified Payment Interface (UPI), an India-first, real-time payment system that enables transactions with over 160 … Read more

Which country is best for investing and doing business in 2020?

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Thanks for the question. According to me, India and US are currently the best countries to invest for long term if you want to grow your wealth. India is a fast growing economy and the Government here is heavily pushing to achieve its dream of becoming a trillion dollar economy. So you can expect good … Read more

5 easy steps to check your CIBIL score online

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One of the factors that determines whether a bank or finance company will lend to you or not is your credit score. A CIBIL score is a three-digit numeric summary of a consumer’s credit history and a reflection of the person’s credit profile. The score is based on the person’s past credit behaviour such as borrowing, and repayment … Read more

Tip of the day-Aug 14,2020

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Put 9-12 months’ worth of expenses in an emergency fund for unforeseen circumstances. This money is not to be used for any investment. It’s only for overcoming any unexpected emergencies in the future.

4 tools useful in personal finance

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Managing personal finances is a time taking task, where one needs to take care of the income, expenses, inflation, taxes, financial goals, investments, compounding and other such important aspects. There are several online tools that can help one with these calculations. Let’s check some of the online tools that can help calculate and cross check … Read more

8 tips from value investor Guy Spier for success in investing

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Zurich-based value investor Guy Spier says the secret of becoming a successful value investor lies in leading an ethically sound life by making morally correct investment decisions, which in turn would bring financial success. Spier says if investors can surround themselves with people with a positive attitude and work on becoming more self-aware, they inevitably become not … Read more