Parents often open bank fixed deposit accounts to secure their children’s financial futures. Some prefer recurring deposit schemes to save money in installments. These parents, driven by a strong sense of responsibility, plan so their children can save a substantial amount for higher education, marriage, and other future needs while they are still young. Understanding … Read more
Have you booked a train ticket in advance but can no longer travel? Indian Railways offers a facility that allows you to transfer your ticket to someone else, saving you from cancellation charges. Let’s detail how to transfer a reserved ticket to another person. Often, we book tickets weeks or even months in advance for … Read more
You never know when or how someone might face a problem in life. Therefore, it is essential to be prepared for any unexpected situation. In today’s world, insurance has become a crucial necessity. Accidents often occur without warning, making it vital to have accidental policies in place. However, individuals with limited financial means may struggle … Read more
If you follow these tips, your check will not bounce. Otherwise, you may face jail time and fines. It’s essential to understand why checks bounce, the common reasons, preventive measures, and the steps to take if a check bounces. Let’s explore the precautions needed to avoid legal trouble. Online transactions are becoming increasingly popular today, … Read more
Do you travel by train frequently? The Tatkal option is your best bet if you need tickets on short notice. However, small mistakes when booking Tatkal tickets can result in not being confirmed. If you end up on the waiting list, it can be stressful until journey time. Here are five tips to help you … Read more
The Unified Payment Interface (UPI) is a revolutionary tool widely used for monetary transactions in various countries, including India. It offers the convenience of transferring money anytime and anywhere, significantly reducing the reliance on cash. UPI has not just reduced the reliance on cash; it has revolutionized how we handle money, making life easier for … Read more
Have you started a new job? Do you want to save and invest a portion of your income? Are you looking for safe investment options that will yield profits? If so, this article is for you. Three Essential Arrangements Financial experts recommend making some essential preparations before exploring the best investment options. First, establish an … Read more
The Center recently announced good news for senior citizens. Under the Ayushman Bharat scheme, free health insurance coverage of up to Rs. 5 lakh will be provided. Registering for this program is straightforward, ensuring ease for all seniors. The government offers this free coverage to seniors 70 years of age and older, regardless of their … Read more
The EPF withdrawal 2024 process can be done offline or online. However, the online process is more convenient and hassle-free. Find out about the eligibility, benefits, and required documents for EPF Withdrawal Online. The Employees’ Provident Fund (EPF) is a retirement savings scheme in India that is managed by the Employees’ Provident Fund Organisation (EPFO). … Read more
Almost everyone has a credit card, which many people use for purchases. However, very few know the many valuable features of credit cards. One significant feature is insurance. Did you know that credit cards provide various types of insurance at no extra cost? Simply being a cardholder automatically grants you access to this coverage. The … Read more