Recently SEBI proposed (on 13/02/2014) one of the wonderful pension product called Mutual Fund Linked Retirement Plan (MFLRP). The main emphasis of this plan are to bring in more investors into equity and retirement planning, flexibility and more tax sops. Such features lacking in NPS or in any … [Read more...]
Archives for February 2014
Best Term Insurance plans in India (After 1st Jan 2014)
After the implementation of new IRDA regulations and LIC's new term plans launch, lot of readers inquired me about recommending the best terms plans. Hence I thought to list them with providing the latest claim settlement ratio data too.First I thought to once again bring you to the notice of … [Read more...]
How to check CIBIL score online?
Do you know why your loan was rejected? Usually you find many reasons for such rejection. But one of them might be your CIBIL Score. If it is less than the prescribed limit then your application will get rejected. Also without knowing your credit history if you apply many times for loans or credit … [Read more...]
10 things which COMPLICATE your Financial Life !!!
Do you know things which knowingly or unknowingly drag you into financial crunch? Being known about them but failing to practice them will be the biggest drawback of your financial life. So I tried to list them as below.1) Sitting on FULL OF INFORMATION-Today is the world of Information … [Read more...]
How to get online birth and death certificates in Bangalore?
In India to get any certificate from Government offices is one of the hilarious task. But your kid's birth certificate or your family members death certificate are so important that for kids school admission or for all future financial claims you need these two certificates.Why I am writing only … [Read more...]
Best pension plans in India-How to choose them?
For all of us retirement planning is the most priority goal after our kids education and marriage goals. We are desperate to come out of daily routine work schedule and in need of peaceful retirement life as soon as possible. Few plan to start at as early as 45 years of age and few at the age of 60 … [Read more...]
IRDA Claim Settlement Ratio 2012-2013-What it indicates?
IRDA recently (1st January 2014) released it's Annual Report for 2012-13. This report indicates the overall Insurance Industry data. Here in this post I am only concentrating on IRDA Claim Settlement Ratio for 2012-13. This report is till 31st March 2013.Note-IRDA claim settlement ratio for … [Read more...]
LIC’s new term plans 2014-Anmol Jeevan-II and Amulya Jeevan-II
Today LIC launched new versions of it's existing Term Insurance policies. Let see how they are beneficial to you and what changes are done to the prior plans. From initial findings it looks that they are cheaper. But I need to validate with the data which may take some time.Latest News … [Read more...]