Lic Bachat Plus Features and Benefits and Review
Lic Batchat Plus plan No.861 has been launched on 15th March 2021. In addition, this plan will available for 180 days for sale. This plan from Lic is a Non-Linked and Non participating Individual Life Assurance savings plan. In addition, under this plan, You can pay a select single premium (lump sum) or limited premium payment term. However, You can select 5 years term in a limited Period. In addition, the proposer has two options in choosing the death benefit in each of the above premium payment options. Moreover, this plan is available both online and offline. Lic Bachat Plus …
Bima Jyoti Plan. 860 from Lic Features and Benefits and Review
Lic of India launched New Plan Bima Jyoti on 22nd February 2021. Here, In this article, I will explain its features and benefits. Usually, Lic to attract salaried employees launch new policies in the month of March showing tax saving benefit under 80 C. Lic Bima Jyoti Plan Eligibility… Commencement of Risk In this Plan… If the entry age is less than 8 years, then the commencement of risk will be after completing two years in the policy or on completion of 8 years on the policy anniversary of age whichever is earlier. When the entry age is more …
NPS Exit and Withdrawal Rules 2021
NPS exit and withdrawal rules for 2021 have changed. Let’s understand these new rules in this article I will explain first the basics of NPS in this article. Basics of NPS… The government of India launched NPS ( new pension scheme) for Indian Citizens. This fund creates a retirement corpus for the people who invested in it. In addition, Pension Fund Regulatory Development and Authority (PFRDA) manages NPS. and in this fund, Non Residents are also can invest. Any person who has a sound mind and having of 18 to 60 years and who does not have an existing NPS …
Muthoottu Mini Financiers NCD Jan 2021 – doubles money in 84 months – is it safe?
Muthoottu Mini Financiers NCD Jan 2021 is claiming that you can double your money in 84 months. Now, with the present bank Fixed rates doubling the money in 10 years also not possible. But this NCD is claiming that your money will be doubled in 7 years ( 84 months). In this article, I will explain, whether your money will be doubled in 84 months?. And the features and benefits of this NCD. In addition, I will also explain the risks associated with this investment. Muthoottu Mini Financiers NCD Jan 2021 10.25% interest features… Muthoottu Mini Financiers is issuing both …
(100 minus Age) – How this strategy will protect your wealth?
Yes, (100 minus age ) strategy will protect your wealth If you are investing stock market. If you are investing in the stock market, you may have heard or read that you should take more risks when you are young. In addition, You may have you should take less risk when you are getting older. Here, High Risk means investing more money into the stock market and Low risk means less money into the stock market. What is ( 100 minus age ) Investment Strategy?… A layman can not understand when to invest and when to exit the stock market. …
Tithe – How it will make you poor?
Christians used to give Tithe in the churches. But do you know that you will lose a minimum of 55 lakh wealth doing so and will become poor? In this article, I will explain how this Tithe will ruin Christians’ wealth and pastors will become rich. Before talking about pastors, I will tell you about Hindu Archaka. Hindu Archaka in the temple will not ask for this Tithe kind of money collection from the devotees. In fact, If the Archaka will concentrate on the education for his children, and not on collecting money from the devotees and loot the devotees. …
How to beat One crore wealth with just 1 lakh investment?
One crore wealth can be beaten with just 1 lakh investment. Yes, it can be done if you do your asset allocation right and get a higher return by following the right investment strategy based on your risk tolerance and financial situation. Read this complete article to know more details. In childhood, I thought a few times about how I can be richer than my neighbors. You may have also thought like this in your life. Is it really possible to become wealthier than your neighbors, friends, and relatives? Let’s understand this first with an example. If you see the …
Hiding Tax – Why it is tough now, honest will be rewarded.
are you hiding tax? then this article is right for you to read and How the honest will be rewarded? I have seen so many people avoiding tax and cheating the income tax department with wrong information. But this will not last for long. Very soon, Your insurance premium, school, and hotel bill are coming under the Income-tax Department Scanner. In addition, some other high-value transactions also will be coming under the I.T scanner. This is really a good move and will benefit the nation and honest taxpayers. and the tax avoiders will be punished. The list of high-value transactions …
EPF Maturity – How to accumulate 1 crore wealth?
EPF maturity and How to accumulate 1 crore wealth with it, I will explain in this article. Here, Let’s assume a case study to calculate the retirement corpus in EPF. X Basic Plus D.A is Rs.30,000 The salary growth rate is 6% every year The return expected is 6.1%. X present age is 30 years The retirement age is 60 years. What is the Basic information about EPF contribution… But Employee will contribute 12% of Basic Plus D.A towards EPF. In addition, The employer also will contribute 12% of Basic plus D.A towards EPF. However, the employer can contribute …
Farmers – How they have to do “Financial Planning”?
Farmers also will be having “Financial Goals” like child higher education, house child marriage, etc. So, they have to follow “Financial Planning”. But no farmer knows what is “Financial Planning”. Here, in this article, I will explain how the farmers can plan their financial goals. Farmers must have Insurance Planning… Life Insurance Planning… People living in the village usually take Endowment or Money Back kind of Life Insurance Policies. Where the insurance coverage will be low and return on investment is also low when compared to the inflation. Most of these people do not know insurance and savings should be …
