Some ATMs have experienced issues where the entire card goes into the reader instead of being swiped to withdraw cash. After the transaction is complete, the card will be returned. However, there have been reports of criminals manipulating the ATM card reader to trap the card. Criminals install false card readers in ATMs to capture … Read more
What is the central government’s plan? When does the 8th pay commission aim to be implemented? What is the expected salary increase for the employees? Let’s find out the latest predictions on this. The Central Government’s 8th Pay Commission recommendations are expected to be effective from January 1, 2026. The 7th Pay Commission was constituted … Read more
If you have multiple credit cards, you can take advantage of some helpful strategies. Credit card use, known for convenience, has increased significantly, even in remote areas, with most transactions now being made with credit cards. Use credit cards strategically to take advantage of the interest-free billing cycle. The period between the date of a … Read more
Many people hesitate to invest because they do not know the correct calculation of how much to invest. By investing Rs. 15,000 monthly, you can earn a substantial amount, even up to Rs. 1 crore. This is the essence of the straightforward 15-15-15 principle, a promising path to your financial goals. Here’s how to implement … Read more
The number of pet lovers is increasing significantly. Even if they get a minor illness, they must spend thousands of dollars in the hospital. Many people think that it would be better if pets had insurance like humans. Understanding their needs, insurance companies also provide insurance facilities for pets. A survey revealed pet owners spend … Read more
Self-employed professionals need to know that professional loans are readily available for doctors, chartered accountants (CAs), and lawyers with increased professional responsibilities. Similar to personal loans, these loans are offered by banks to cover expenses for basic facilities and infrastructure for office maintenance. Self-employed individuals must submit audited financial income tax returns for the last … Read more
Secret Formula for Wealth Creation: Financially settled and successful people suggest knowing the difference between being rich and being wealthy. A rich person earns and spends, while a wealthy person earns, saves, and plans to grow their wealth. The critical difference lies in the wealth secret formula of working with money. A wealthy person understands … Read more
Before obtaining large loans from the bank or co-signing for someone else, you should realize the seriousness of the situation. When you co-sign a loan, you are legally responsible for repaying it. Under Section 126 of the Indian Contract Act 1872, the co-signer is equally liable for the loan. If the primary borrower encounters difficulties … Read more
The State Bank of India, the country’s largest government bank, offers various savings and deposit schemes tailored to its customers’ needs. One option is the Annuity Deposit Scheme, which provides a steady income through a monthly pension. Participating in this scheme allows individuals to receive a monthly pension, making it especially beneficial for retirees. The … Read more
Why is it important for women to have a bank account? A recent report revealed that 35% of women’s bank accounts in the country are inactive, indicating a widespread lack of financial independence among women. Many women lose their jobs for various reasons, including leaving the workforce to raise children. This often leads them to … Read more