List of Financial Planning Articles

One of the common problems people face is when an account holder in the family dies without appointing a nominee. Today, when you open a bank account or a demat account or even buy mutual funds, it is mandatory to appoint a nominee. In case you choose not to name a nominee, you must mention the reason why you don’t want to appoint a nominee.

Explore the role of angel investors in helping startups succeed. Learn how they support new businesses, offer guidance, and drive growth for entrepreneurial success.

People tend to carry all their credit and debit cards in their wallet. It may be a tad risky, but it is so much more convenient. Sounds good; till you actually end up losing your wallet! Nowadays, people don’t carry too much of cash as access to cash is much easier and most payments are done digitally. The real risk in losing your wallet is losing your debit cards and credit cards as they have monetary value embedded in them.

having payments banks is to increase financial inclusion in remote parts of the country, where there are no physical bank branches. Most payments banks predominantly operate digitally. Customers mainly use them through their mobile apps. Payments banks have very limited number of physical branches.

Learn about private market investments and explore the unique opportunities they offer to investors. Discover how to navigate this growing sector and maximize returns through private equity, venture capital, and more.

Explore the role of angel investors in helping startups succeed. Learn how they support new businesses, offer guidance, and drive growth for entrepreneurial success.

People tend to carry all their credit and debit cards in their wallet. It may be a tad risky, but it is so much more convenient. Sounds good; till you actually end up losing your wallet! Nowadays, people don’t carry too much of cash as access to cash is much easier and most payments are done digitally. The real risk in losing your wallet is losing your debit cards and credit cards as they have monetary value embedded in them.

Small finance banks came into existence only recently. The first small finance bank (SFB) of India, Capital Small Finance Bank, started operating in 2016. An SFB is meant to increase financial inclusion in the country. Therefore, at least 25% of the branches of any small finance bank should be located in rural areas where banking services are absent or not prevalent. 75% of the loans given by a small finance bank should be to priority sectors identified by RBI.

Card Protection Plans (CPPs) to safeguard the interests of card holders. The plan aims to secure a person against the odds of losing his card, be it financial or non-financial. This way, an individual secures not only his credit or debit card from theft but also other cards like Pan Card, driving license or membership cards.

Cancer is an unfortunate disease which could surround anybody without a knock at the door. Cancer not only deteriorates the physical health, but also impacts the financial health of the patient as getting it treated is an expensive proposition.

having payments banks is to increase financial inclusion in remote parts of the country, where there are no physical bank branches. Most payments banks predominantly operate digitally. Customers mainly use them through their mobile apps. Payments banks have very limited number of physical branches.

A cheque issued by you can be dishonoured by the bank for various reasons. There could be an overwriting on the cheque, which makes the cheque invalid. Alternatively, there could be a mismatch between the master signature in the bank records and your signature on the cheque.

Certificate of Deposit or CD is a fixed-income financial instrument governed under the Reserve Bank of India issued in a dematerialized form where the amount at withdrawal is assured from the beginning.

In the midst of our busy schedules, we often forget to make timely payment of insurance premiums. Remember, insurance is a risk cover which is disproportionately larger than the premium paid. Hence, it is essential to pay premiums on time to keep the policy in force. If your policy has lapsed due to non-payment of premiums, then your death claims or health claims, as the […]

Learn about private market investments and explore the unique opportunities they offer to investors. Discover how to navigate this growing sector and maximize returns through private equity, venture capital, and more.