Category: Finances

LIC Arogya Rakshak (Plan 906) is new health insurance policy by LIC. Arogya Rakshak is non-linked, non-participating regular premium fixed benefit health plan. This plan covers hospitalization and surgical cost. This plan is similar to LIC Jeevan Arogya policy. Earlier Jeevan Arogya Policy will be discontinued once LIC Arogya Rakshak policy is introduced. LIC Arogya…

Retail investor can purchase Government Bond now. New facility of Retail Direct Gilt Account is launched. Gilt account is required in order to buy and sell bonds. All government securities are available centrally on this site. Earlier the facility of buying bond and government securities were available only to banks and mutual funds. Gilt account…

The technology fund is a sectorial fund. Technology fund makes investment in information technology-related stocks and business. Information Technology is one of the key driving factor behind the economy. IT sector is booming despite of Covid-19. The growth behind information technology companies are mainly due to technology advancement. The companies dealing in digital services, industry…

Focused mutual funds are also known as concentrated mutual funds. This fund holds limited number of quality stocks. As focused funds invests in limited number of stocks that’s why focused fund does not offer benefit of diversification. Focused equity funds are suitable for long term aggressive investors. If you are planning to invest in focused…

SBI Kavach Personal Loan is special product launched by leading bank State Bank of India. Personal loans are unsecured in nature hence interest rate is generally on the higher side. However, the interest rate applicable on SBI Kavach Personal loan is lowest 8.5%. This loan scheme is specially launched for COVID 19 patients to withstand…

Income Tax department is set to launch new tax filing portal. The income tax portal can be access via URL – www.incometax.gov.in. The new portal is available from 7th June,2021. The basic objective behind launch of new portal is to provide convenience and modern seamless experience to the tax payers. Key features and benefits of…

Gilt Mutual Funds – Debt mutual funds are considered as safe investment option. Gilt Funds are type of debt fund that makes investment in government securities. Recently one of my friend asked question about Gilt Mutual Funds. He asked me that he is looking for safe investment option. Should he opt for Gilt Funds? So,…

EDLI Insurance – Covid-19 pandemic has created havoc. Many people have lost their lives in COVID-19. No one can provide replacement of the loved ones but insurance can defiantly help in providing financial support to the family. EDLI (Employee’s Deposit Linked Insurance) is insurance scheme by EPFO. Nominee of deceased can get benefit of insurance…

The India Post Payment Bank (IPPB) one of the largest setup under the department of post. Indian Post Payment bank offers multiple services such as digital saving bank account, current account, third party transfer, loans, insurance, etc. It is easy to open an account at Indian Post Payment Bank. You should be an Indian citizen…

Sovereign Gold Bonds scheme 2021-22 is released. Sovereign Gold Bond is backed by the government of India. It is one of the best option to invest in the Gold. The Gold price history shows that gold is becoming valuable asset every year. In the year 2020 the price of 10 gm Gold has touched Rs.…