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 (2025)?
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 (2025)?
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 (2025)?
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…
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?
Recently, I met a distant relative of the same age as mine, in a family function. We caught up after several years so we discussed about our career/professional journeys. When he knew I was an investment advisor and invest in…
A few months back, I had written that the removal indexation benefit in debt fund meant that investors would start looking for alternatives. And it was only a matter of time before AMCs found a way around this new development…
Read More Don’t Rush to New Multi-Asset Allocation Funds to avoid Increased Debt Fund Taxation
Recently, a home loan lender in India came up with a new offering that allows borrowers to opt for home loan tenor of 40 years! Yes you read that right. 40 years or 4 long decades. Generally, lenders limit the…
