As important as saving for the future is, having health and accident insurance is equally necessary to provide financial security for a family in the event of an unexpected occurrence. If the head of the household passes away, the family may face significant challenges. Accident insurance can be crucial in such catastrophic situations. However, many … Read more
The Life Insurance Corporation of India (LIC) has launched a single premium ‘Smart’ pension scheme offering various individual and joint pension options. LIC’s statement explains that different cash options are available for partial or complete withdrawals according to the policy terms. The minimum purchase price for the pension scheme is Rs. 1 lakh. Below are … Read more
The Reserve Bank of India (RBI) releases a list of bank holidays every month, and consumers should plan their banking activities in consideration of these holidays to avoid wasting time and potential financial loss. Name of the holidays Bank Holidays website https://rbi.org.in/ Check Holiday Dates Bank Holidays Bank Holidays List of Bank Holidays in February … Read more
Many individuals want to invest in the stock market but face challenges due to insufficient funds. To address this issue, SBI Mutual Fund has introduced the ‘Jan Nivesh SIP’ scheme, allowing even ordinary people to invest in the stock market with just Rs. 250 per month, week, or day. This innovative scheme simplifies the investing … Read more
The ‘NAKSHA’ program, launched by the central government, aims to maintain accurate town revenue records and resolve disputes over houses and land. This initiative is about to commence. Preparations are underway for a large-scale survey in municipalities to gather comprehensive details about houses, buildings, and other structures. The program will facilitate the issuance of property … Read more
Have you heard about the Kisan Vikas Patra (KVP) scheme offered by the post office? There might be some confusion about who can invest in it. Everyone is looking to save a lot of what they earn. They decide how much to save based on their income. But many parents save for their children’s future. … Read more
Filing income tax can be a complex task, especially for employees unfamiliar with the intricacies of tax regulations. However, this process becomes manageable and efficient with the right income tax software. Several expert-developed programs, such as those by Bakka Srinivasa Chary, Putta Srinivas, Kota Vijay Kumar, and KSS Prasad, are now available for the Financial … Read more
Life Insurance Corporation of India (LIC) is a trusted name in insurance, offering various policies tailored to meet its customers’ diverse needs. LIC’s essential document is the LIC Policy Bond, which proves your insurance coverage. What is the LIC Policy Bond? The LIC Policy Bond is a critical legal document that contains all the details … Read more
Unique scheme for women: Mahila Samman Savings Certificate (MSSCS): The Modi-led central government has introduced several schemes to empower and financially support women. One of the well-received schemes is the ‘Sukanya Samriddhi Yojana.’ However, women who have turned 18 are not eligible to invest in this scheme. In response, the central government announced a new … Read more
Many purchase life insurance policies to ensure their families are financially secure, even in their absence. However, much money remains unclaimed at LIC (Life Insurance Corporation of India). LIC has a large pool of ‘unclaimed money’—it’s worth checking to see if any of it belongs to you. Unclaimed Maturity Amount in LIC: LIC is India’s … Read more