Sometimes, financial needs prompt us to take out a loan. While some people choose to pledge gold, others opt for personal loans. Let’s explore which of the two options is better. We need financial assistance at various points in life, leading us to consider loan options. Common choices include personal loans and gold loans. Borrowers … Read more
Stock Market Investment Tips: Investing in the stock market can be risky. However, making profits with the proper understanding and a solid strategy is possible. Let’s explore how to do that. Understanding Stock Classifications: In the stock market, companies are classified into small-cap, mid-cap, and large-cap stocks based on size and market capitalization. Understanding these … Read more
Many people are confused about the safety of savings accounts and whether bank deposits are a good option. While savings accounts are essential for financial security, it is crucial to calculate interest and weigh the benefits and drawbacks. Investing in a savings account can be profitable. For example, if you invest Rs. 1,300 per month … Read more
The provident fund is an essential part of an employee’s financial planning for retirement. In our country, there are three main types of provident funds: Employees Provident Fund (EPF), Public Provident Fund (PPF), and General Provident Fund (GPF). Employees Provident Fund (EPF): EPF benefits are available to private sector employees with over 20 employees and … Read more
As society strides towards modernity, the demand for goods and services surges, leading to a rise in sales. Banking services are also evolving, becoming more advanced and convenient. One notable change is the rapid increase in the use of debit and credit cards; many people now use these cards for various purchases, even for everyday … Read more
Are You In Business? Here’s What You Need to Know About Business Credit Cards. Are you running a business or serving as a CEO? Perhaps you’re self-employed and looking for a suitable credit card for your business. If so, you’re in the right place. Many banks offer business credit cards specifically designed for entrepreneurs, providing … Read more
Prime Minister Narendra Modi recently announced the Unified Pension Scheme (UPS) for government employees, emphasizing its pivotal role in ensuring workers’ financial security. The UPS guarantees 50% of the average basic pay for the 12 months prior to retirement as a pension, along with additional benefits such as family pension, minimum pension, and inflation adjustments. … Read more
Everyone believes that hard-earned money should be invested in ways that yield high returns. However, many people prefer stable returns without risking their capital. Typically, high returns come from high-risk investments. Fortunately, post office savings schemes offer various options for higher returns than fixed deposits while minimizing risk. Financial experts suggest that Post Office Savings … Read more
Differences between RuPay and Visa Cards: In India, where online and digital transactions are rising, using cards for cashless payments has become increasingly popular. When choosing a new card, many people need help understanding the distinctions between RuPay and Visa cards. If you are one of them, let’s delve into the dissimilarities between these two … Read more
Indians predominantly use gold and diamond jewelry, considering them valuable assets. Emeralds and diamonds are also seen as investment instruments. In this comparison between gold and diamonds, let’s explore which is a better investment option and why the risk is lower. Gold, a symbol of wealth since ancient times, has been a part of India’s … Read more