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Insurance Monthly - July 2010
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Insurance Monthly Update – November 2009
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News
Insurance
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Personal Finance
India is moving towards paper less kind of Insurance Industry: J Hari Narayan
India Infoline Weekly Newsletter - February 10, 2012
What is Term Insurance?
What is Life Insurance?
What is the difference between traditional life insurance and unit-linked life insurance?
More News >>
IIFL Blogs
Billy Wang
PetroChina’s new guideline on public communica...
Recently a leaked internal directive from PetroChina is making wild runs on the Chinese Internet – it is a guideline on what not to say in the oil major’s press releases and financial reporting.
Amar Ambani
Stock Markets in 2011
Excerpts from my interview in Money Today magazine on way forward for Indian equities in the year 2011.
More Blogs
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Fund Manager Speak
Bikram Sen, Director & CEO, ArthVeda Fund Management
"The company will not restrict itself to only real estate funds but intends to grow its fund management business across different asset classes.”
Jimmy A Patel, CFO, Quantum Mutual Fund
Mr. Neelesh Surana, Head-Equity, Mirae Asset Global Investments (India)
View all Fund Manager Speak >>
IndiaInfoline
Personal Finance
Calculators
Become a Crorepati – Savings Calculator
Check how long you will take to make a Crore out of your savings based on your age
My age (years)
My current savings (Rs.)
My annual income (Rs.)
As time goes by...
less than 35 yrs
35-50 yrs
50-Retire
My income will grow every year by
% p.a.
Percentage of income I would be able to save
% p.a.
Return I earn on my savings
% p.a.
Clear
You will make a crore in
years
Explanation
Clues on how to use this tool:
- Choose your age group
- Fill in the details only for your age group and enter "zero" in rest of the age group fields.
Planning to delay your investments? Check how much your delay can cost you
Putting money in FD but uncertain about the returns? Check our Return on FD calculator
Housing Loan EMI Calculator
Taking a Housing Loan? Check how much will be your EMI
Loan Amount (Rs.)
Interest rate
Tenure
Clear
Result
Your housing loan EMI comes to Rs.
p.m.
Explanation
The EMI (Equated Monthly Installment) is fixed for the tenure of loan. Your EMI has two components: principal and interest.
In the initial years, the interest component is higher which decreases with time and the principal component increases with time. EMI depends on the loan amount, interest rate and tenure of loan.
Taking an Auto loan,check your monthly payouts
Do you earn HRA but worried about saving tax, check how you can save tax through HRA exemption
Better Investment Avenue
Check whether Taxed / Tax free investment avenue is better for you
Taxed Avenue
Tax-Free Avenue
Investment amount (Rs.)
Tenure of Investment (years)
Interest earned (% p.a)
Compounded every
Simple
1 yr
6 months
Quarter
Month
Simple
1 yr
6 months
Quarter
Month
Your tax bracket (%)
Clear
avenue is better
The effective rate of interest for
Taxed
avenue is
%
The effective rate of interest for
Non-Taxed
avenue is
%
Sold on profit but worried about Capital Gains tax?
Want to buy a car but don’t know how much to save?
SIP as per need – SIP Calculator
Check what should be your SIP amount to get a big sum of money in future
I Want Rupees
in
Years
Your Expectations of Returns
%
Clear
Result
You will need to do an SIP of Rs.
Per Month
Table for Growing SIP
Monthly Amount For SIP Needed
Expected Returns
8
10
12
15
17.5
20
Table for Non Growing SIP
Monthly Amount For SIP Needed (non-growing)
Exp. Returns(%)
Number of Years of SIP
5
10
15
20
25
30
10
12
15
20
Wonder what kind of asset allocation suits your investment style? Click here
Want to know the returns you would earn on your SIP?
Education Loan EMI Calculator
Planning to take a loan for your child's education, check your monthly payouts
Education Loan (Rs.)
Loan Period
1
2
3
4
5
Years
Loan Interest Rate
%
Clear
Result
The EMI comes to Rs.
Planning to take a loan for your daughter's wedding? Check how much would the loan cost you?
Falling short on savings? Check how you can save more from your daily expenses...
Saving enough for retirement?
Can’t determine how much is enough for your retirement? Try starting by estimating the amount you might need for a comfortable retirement taking inflation into account
My age (years)
Age I plan to retire (years)
Amount I want to retire with (Rs.)
Current savings (Rs.)
Monthly savings (Rs.)
Return on investments (% p.a.)
Expected inflation (% p.a.)
Clear
You need to save (Rs.)
p.m
At retirement you would require (Rs.)
With your current savings you should be able to save (Rs.)
Worried about th worth of your wealth at retirement? Check our wealth at retirement calculator
Retired? Check the effect of your retirement on your cost of living.
PPF Withdrawal Calculator
Wish to know how much you can withdraw from your PPF account?
Date of opening the account:
You will not be able to withdraw any amount before :
Date on which withdrawal is to be made :
Please enter the balances in your PPF Account on :
Rs.
Rs.
Clear
You can withdraw Rs.
on date
Want to take a loan from your PPF savings? Check how much loan you can take
Investing in Bonds but don't know the yield? Click here to check your bond's yield
Effective monthly reducing rate
This tool converts flat rate into effective monthly reducing rate. The effective rate of interest depends on the quoted flat rate
Input
Repayment period (years)
Simple(Flat interest rate %)
Processing Charges(% of loan)
Clear
Result
The effective monthly reducing rate of interest will be
%
The IRR will be
%
Find how Tax and Inflation effect your Savings...
Calculate how much should be your monthly saving to save a Million
Tax
Tax saving from HRA
Exemption
Capital Gains Tax
Better Investment
Avenue
Savings
Saving A Million
Become a Millionaire
Become a Crorepati
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save?
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Impact of Tax &
Inflation on savings
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