Using top-up loans for investments in volatile assets like equities or other speculative investments can be very risky for borrowers and increase the chances of default.
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Compare interest rates, loan terms, and repayment periods from various lenders. Look for the lowest interest rate and flexible repayment options.
Major travel insurance policies exclude war and related situations so such claims due to war scenarios are not payable and hence during war situations ideally one will never get the policy.
Consider debt consolidation strategies, which can potentially merge high-interest debts into a single loan with a lower interest rate.
Insurance misselling is so rampant in the insurance industry that it’s high time to relook at the kinds of misselling that happens and the ways you can stay out of it.
If one or more nominees have been appointed by the subscriber during his lifetime, then after the subscriber’s death, the nominee must make an application to the bank or post office together with proof of death of the subscriber.
When purchasing a health insurance policy, a policyholder is required to disclose their health history, such as pre-existing medical conditions, past surgeries or hospitalizations, current medications, and family medical history.
The procedure for cancelling an insurance policy is designed to give customers the freedom they need to effectively manage their coverage.
For those who prefer liquidity and tax efficiency, gold-backed financial products, such as ETFs and SGBs continue to be appealing options
If the artists donate the sale proceeds from an auction of their artwork to the specified funds, they can claim a deduction for the donation made under section 80G of the Income Tax Act.
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