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5 Types of Mortgage Loans for Homebuyers - (A)

A mortgage loan is a type of loan that is used to purchase a property, where the property itself serves as collateral for the loan. In India, there are various types of mortgage loans available for homebuyers, each with its own unique features and benefits. Whether you are a first-time homebuyer or a seasoned real …

What Is a Mortgage Types, How They Work, and Examples - (A)

A mortgage is a type of loan that is used to finance the purchase of a property, such as a home, land, or commercial building. The property being purchased serves as collateral for the loan, which means that the lender has the right to seize the property if the borrower fails to repay the loan …

Large Cap, Mid Cap, or Small Cap SIPs_ Which is Better for Long-Term Growth

While the Systematic Investment Plan (SIP) has become the most popular option for investing in stock funds, investors are often confused about the ideal pattern for long-term growth. Equity-oriented or growth mutual funds come in three varieties: large-cap, mid-cap, and small-cap. A recent report suggests that the small and mid-cap segments (SMIDs) could offer many …

Can the employee ever achieve financial freedom_Here are three easy steps to do it - (A)

Wealth creation. A comfortable life in retirement. Expensive vacations. A good life. As tempting as these prospects are, many employees find it hard to imagine having it all. Take the case of this gentleman, Ron, whom I recently met in my investor education class. Ron has a good mix of stocks, sticks to mutual funds, …

Will Employees Provident Fund Bring Joy This Diwali Season - (A)

Every year during Diwali, rumors grow as EPFO (Employee Provident Fund Organization) subscribers get their interest from the previous year credited to their EPF accounts. This year was no different. It is designed to help employees build retirement capital by deducting 12% of their base salary each month, and is popular for the guaranteed returns …

Simplify term life insurance claims for your family while you're away - (A)

Term life insurance is a crucial step in ensuring the financial well-being of your family members when they can’t trust you. If the worst were to happen, it would be an emotionally frightening time for his family. However, the complaint procedure should be started as soon as possible. It is true that the claim process …

LIC has over Rs 21,000 crore in unclaimed funds - (A)

Around Rs, 21,539 crore in unclaimed amount was in Life Insurance Corporation of India (LIC) at the end of September 2021, according to draft registration documents filed on Sunday. In FY21, the unclaimed amount was Rs 18,495.32 crore as compared to Rs 16,052.65 crore in FY 2020. In FY 2019, this amount was Rs 13,843, …

Fertilizer subsidies to hit record Rs 1.65 crore in FY23 - report - (A)

Fertilizer subsidies are expected to hit an all-time high of Rs 1.65 crore this fiscal year against the budget estimate of Rs 1.05 crore due to an unprecedented rise in the cost of raw materials and fertilizers in the world, according to a report. India’s fertilizer subsidies are expected to reach a record Rs 1,650 …

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