Category: Finance
-
What Is a Beneficiary? Here’s Everything to Know.
A beneficiary is a person or entity who is designated to receive assets or benefits in the event of the death of the owner of those assets or benefits. Beneficiaries can be named in a variety of legal documents, such as wills, trusts, retirement accounts, and life insurance policies. Here’s everything you need to know…
-
How to take a home loan against digital assets
A saying goes that home is where the heart is and this holds true for Indian households. Of all the assets they own, they have a staggering 49.4% of their assets invested in property. A majority of Indians, over 50%, reside in houses they own, while nearly 30% live in rented apartments, and 13% live…
-
7 key steps to achieve complete financial well-being
Of the many quotes on financial wellbeing, Jack Benny said it best, “Try to save something when your salary is small; because it is impossible to save after you begin to earn more.” It is paradoxical, but true. Saving money is a habit that has to be built early to ensure complete financial well-being. Here…
-
Unlimited CIBIL Credit Score check is possible with this Credit Pass
CIBIL Credit Score Check: Bajaj Finserv has launched Credit Pass, a unique annual subscription that will offer unlimited credit score checks without impacting the score, and pre-approved offers on loans, and cards. For the launch of the Credit Pass, Bajaj Finserv Limited has partnered with TransUnion CIBIL. Credit Pass will allows consumers to check their…
-
India Inc Expected To Witness Double-Digit Salary Hike In 2023: Report
Companies in Indian will continue to record double-digit pay hikes, with salary expected to increase 10.3 per cent in 2023, according to a Business Standard report quoting Aon Hewitt Global’s survey. It said India is the only major economy where the projected increase continues to be in double digits, notwithstanding concern about economic volatility. According to the survey, titled…
-
Debt Funds vs Fixed Deposits
Debt funds and fixed deposits (FDs) are both investment options that provide a fixed income to the investor. However, there are some differences between the two. Debt funds are mutual funds that invest in fixed income securities such as bonds, government securities, and corporate debt. They are managed by professional fund managers and offer higher…
-
Investment in Debt Funds
Investing in Debt Funds: What You Need to Know Debt funds are an investment option that can provide relatively stable returns, lower risk, and greater liquidity compared to equity funds. If you’re considering investing in debt funds, here are some key things to keep in mind: Understand the Risks Debt funds are not risk-free, and…
-
10 Ways of Paying off Your Credit Card Bills
Forgetting to pay off credit card bills on time is now a common occurrence among today’s generation. The fast pace of everyday life, coupled with myriad bills and their due dates, makes it nearly impossible to keep track of what to pay and when. The problem is compounded by the number of bills that have…
-
Priceless benefits of Financial Freedom
Financial freedom is a state in which an individual has enough passive income to cover their living expenses without relying on traditional employment. Attaining financial freedom provides numerous benefits that can greatly improve one’s quality of life. These benefits include increased control over time, reduced stress, increased savings, the ability to take risks, improved quality…
-
No Credit History? Here’s How You Can Build One
Are you one of those who have never applied for a credit card or loan? If yes, then most likely you do not have a credit history. If you’re just starting with your credit journey and need guidance to build it the right way, we’re here to help. A good credit score is a key to get a wide…
