The 2nd tranche of Sovereign Gold Bonds 2023-24 has been launched. i.e. Sovereign Gold Bond Scheme FY 2023-24 Series 2 (or Series II). And just to give you a briefer about these gold bonds, the SGBs are government-backed securities denominated…
Read More Sovereign Gold Bond SGB 2023-24 (Series II): Should You Invest?
Those who know about Bitcoin a little bit would already know about the concept of Halving. And with the next Halving event expected around May 2024, it might be interesting to see how historical halving events have panned out. Please…
Read More Bitcoin Halving Event in 2024 – What History tells about Previous Halving Events?
Here is a easy-to-use Home Loan EMI Ready Reckoner for Rs 10 lakh loan with different tenure/rates. You can use it to quikcly estimate your monthly EMIs when you take a home loan: You can also use this free-to-dowload excel-based…
Read More Home Loan EMI Ready Reckoner (for Rs 10 lakh loan) with different tenure/rates
The RBI has launched a new centralized portal named UDGAM (Unclaimed Deposits - Gateway to Access Information) on 17th August 2023 (via link) - that allows common people to search for unclaimed deposits across multiple Indian banks using a single,…
Read More What is UDGAM, RBI’s Centralised Portal to search for Unclaimed deposits (2023)?
As an Indian parent, one of the most important goals is to secure your child’s future. And at times, people end up compromising retirement savings to fund children’s education. In view of the importance that people give to children’s future,…
Read More Why Sukanya Samriddhi May not be enough for your Daughter’s future?
The Indian Rupee is close to making new lows versus the US dollar. And to be fair, this is not something new. Every now and then, there are news items about how INR is depreciating and USD is appreciating. In…
LIC has launched a new term life insurance plan in 2023 – The name of the new policy is LIC Jeevan Kiran (Plan No. 870). It’s a simple a non-linked, non-participating, term life insurance policy but with added benefit that…
Read More LIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2023)?
Indian markets are hitting a new all-time high. At the time of writing this post, Nifty 50 was at 19,979 and Sensex was at 67,571 (on 20-July-2023). And those who had the cash and courage to invest in times of…
Read More Nifty at 20K | Sensex at 67K | How to Invest at New All-Time Highs?
This is the PPF Interest Rate Chart or the PPF Heat Map for interest rates of PPF account in last 20+ years and updated till September 2023: You can check the full history of PPF interest rates as well. Or…
Read More PPF Interest Rate Chart (2003 to Sep-2023 Heat Map)
In addition to the commonly discussed life insurance and health insurance, there are several other types of insurances that people need to be aware of. In general, an insurance is a contract between an individual (the insured) and an insurance…
There have been no changes in the major small savings scheme for the quarter of July-September 2023. PPF interest rates - No Change (remains at 7.1%) - Possible reason like last quarter- Why PPF rates not increased? Sukanya Samriddhi Yojana…
Read More PPF 7.1% | Sukanya 8.0% | SCSS 8.2% | NSC 7.7% | No Changes for Jul-Sep 2023
The EPFO (or Employees' Provident Fund Organisation) has launched an excel-based calculator for eligible EPFO employees to calculate the dues that they have to contribute/pay to receive higher pension at the time of retirement. I had written about this topic…
LIC has recently launched a new single premium guaranteed endowment policy named LIC Dhan Vriddhi (Table No. 869). The policy offers dual benefits of investment as well as life insurance coverage throughout the policy’s term for a single premium. The…
Read More LIC Dhan Vriddhi (No. 869) | Review of LIC’s New Guaranteed Single Premium Plan (2023)
The quarterly revision of Small-Saving Scheme interest is due this month. And this includes a review of PPF interest rates as well. The current PPF interest rate is 7.1%. And the Government has not changed the rates since April-2020, when it…
The 1st tranche of Sovereign Gold Bonds 2023-24 has been launched. This is the 1st tranche of the Financial Year 2023-24, i.e. this is Sovereign Gold Bond Scheme FY 2023-24 Series 1 (or Series I). And just to give you…
Read More Sovereign Gold Bond SGB 2023-24 (Series I): Should You Invest?
