PPF: Before 5th Vs After 5th of Month? Or Before 5th April?

Should you invest before the 5th of every month in PPF account? Should you invest Rs 1.5 lac before 5th April every year for maximum returns from your PPF account balance? The answer to these questions is Yes no doubt.…

March 2020: An Unforgettable Month!

I couldn’t pick a better word than ‘unforgettable’ to define March 2020. Ofcourse, another possible choice was ‘Bloody’ due to the sudden crash in Indian (and global) markets. But the speed and the sharpness of the fall was such that…

Big Cuts in Small Saving Schemes (PPF, Sukanya Yojana): Apr-Jun 2020

PPF Interest Rate has been reduced to 7.1% (from 7.9%) and Sukanya Samriddhi Account Interest Rate has been reduced to 7.6% (from 8.4%) for April-June 2020. The government finally decided to bite the bullet and announced big cuts in the…

3-month Moratorium & Credit Cards: Why to still pay full dues if you can afford?

A few days back, to the relief of many, RBI announced a 3-month Moratorium for borrowers. As the entire country is locked down to prevent the spread of coronavirus, you will agree that many people will now be impacted by…

Coronavirus reminds – Emergencies don’t wait for Emergency Fund

Maybe I shouldn’t use the Coronavirus pandemic to give any advice. It doesn’t feel right, to be honest. But what to do – when things are normal and routine, people don’t listen. It’s only when things get out of hand…

RBI’s 3 Month Loan EMI Moratorium: Should you Opt for it?

To provide relief to the borrowers who are facing possible disruption of income due to coronavirus-triggered nation wide lockdowns and its spillover effects on the economy), the RBI has announced 3 Month Moratorium for borrowers. And more specifically, this moratorium…