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  There are a lot of talk on health insurance .So I will not add more reason why is it needed. However today I will focus on review of one health insurance product from Aditya Birla , which I believe best among what all available in the market … Aditya Birla entered health insurance just a year back , so many may not aware of this product … But the features are superb while comparing to others … If you buy the insurance for 3 years , 4 th year premium is absolutely 0……Wow !!! Apart from that you can enjoy all branded gyms with local gym costs and many more …. Yearly one health check up , two fitness assessment and fitness test are absolutely free…if you are bachelor can enroll now , later you can add your spouse (of course after marriage) and kid   …e.g. If you take insurance for 5 lakh , you will enjoy 15 lakh cashless …and so on …Doesn’t it sound good … Let’s start For your quick reference I will right very short and to the point so that you can grasp easily i...

It is always difficult to find a good income option for retired persons who do not have any income option and nil risk appetite . There are few below which may help our senior retired people. 1) Senior Citizen Savings Scheme   Interest rate: 8.1% p.a. paid out quarterly. Investment Period: 5 Years Investment Limit: Min- Rs1000, Max-Rs15 lacs Where to purchase: Post Office, All Nationalized banks and ICICI bank Eligibility Criteria: 60 years and above; Retirees above 55 can apply within 1 month of VRS/Superannuation. Pros: Account can be extended for 3 years after its normal term. Investment amount qualifies for deduction under section 80C up to Rs1.5 lacs. Nomination facility is available. Premature withdrawal allowed after 1st year with 1-2% penalty charge. Interest rates locked for the entire term. Cons: Interest pay-out frequency is quarterly, not monthly. Interest earned is taxable as per income tax bracket.  2) Pradhan Mantri Vaya Vandana Yoja...

Monetary Policy is generally declared by RBI and related to interest rate … I hope you all have heard this quite a often in news channels and from the speech of Rajan …. By the way what is this ? CPI,CRR,Repo,Rate cut …. OMG!!!! These are not easy and hence market is not my cup of tea J But in fact these are very simple at least common man understanding point of view … At least we can get an idea how this will impact our monthly family budget and stock market ….. So without wasting time let me start one by one...... Repo Rate: When banks want to borrow money from RBI , the rate at which RBI lends money to banks is called Repo Rate. Ex: If Repo rate is high then the then cost of borrowing is high .Then what will happen? Banks will lend money to us in a higher interest rate .Hence house loan , educational loan and other loans will be costlier for us .. Isn’t it !If banks will get loan from RBi at 8% interest rate , then they will give us loan more than that rate , it m...

Corporate fixed deposits and bonds are mandatorily required to get rated by a credit rating agency before going for a public issue. Credit rating signifies how risky or safe it is for you to invest in that financial instrument. CRISIL, CARE and ICRA are examples of some well known credit rating agencies. Following are some symbols that CRISIL gives to corporate bonds:-

It is filing for a fresh scheme of amalgamation of Tata Metaliks Ductile Iron (DI) Pipes (TMDIPL), its wholly-owned subsidiary with it. Tata Metaliks is one of the largest manufacturers of foundry-grade pig iron in the world.  Though its consolidated revenues for the March quarter declined by 7%, its profits rose by 71%, to Rs48.62 crore from Rs28.43 crore. It had a return on capital employed (RoCE) of 37%.  Tata Steel calls off Tata Metaliks merger - (Tata Steel non merger is a major relief for  Tata Mettaliks .Tata Steel is a value destroyer for minority stock holder for more than a decade now)         However, it is concentrating on high-value ductile iron pipes which are mostly used for water transmission. Some analysts expect that the DI pipes segment will benefit from government thrust on irrigation and healthy water access.  Disclaimer : I am holding this stock in my portfolio . Hence i may be biased and i may be wrong...

Is NPS really good for investment!!!! What is NPS? It is National Pension Saving scheme introduced by govt …. The rules are so complex beyond the understanding of common man. After communicating many people I got to know they only invest in this because Govt is sponsoring this …. If at all NPS invests in Stocks since Govt sponsoring this , so it might be safe and guaranteed to invest  in this J --- Many people thinks, who stay away from mutual funds because it is stock market dependent :D Let me tell you NPS will not provide annuity . The aim of NPS is to provide you corpus. you need to buy one from the insurer’s . The lists are as here NPS is not giving you any guaranteed returns like EPF or PPF. NPS is like a mutual fund and carries all the risk like a mutual fund carries. 80% will be annuitized if you retire before   60 (after Budget 2016, 40% is tax free withdrawal, 80% of remaining corpus has to be annuitized official confirmation awaited).  This ...