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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 …
Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …
Vihaan, a clothing store owner in Hubballi, wanted to buy a luxury bungalow. However, he lacked the money to fulfill his dream. Impressed by the crazy profits that his friends were making with cryptocurrencies, he also decided to invest in this new digital asset to reach his goal faster. However, one morning he woke up …
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, …
The Finance Department said on Wednesday that the center has already released eight months of GST allocation to states for the fiscal year ending March 2022 and that there are Rs 78,704 crore outstanding due to insufficient funds in the fund. In a statement, the ministry said that normally GST compensation is released for 10 …
India’s fintech sector may be young, but it is growing rapidly, driven by a large market base, an innovation-driven startup landscape, and support for government policies and regulations. Several new companies populate this emerging and dynamic sector as traditional banking institutions and non-bank financial companies (NBFCs) are catching up. NASSCOM predicts that the Indian fintech …
To qualify for a loan from credit institutions such as banks or NBFC, you must meet certain eligibility criteria. One of them is good credit. A credit score provides information on financial health based on past financial history and transactions and indicates whether the borrower can repay the loan on time. Most banks verify CIBIL’s …
Accidents are very common these days. Whether it’s a simple fracture, a serious burn, or a car accident, serious physical disabilities can arise. When accidents do occur, there are significant costs to treatment and recovery. Also, in the event of permanent disability or death, you will lose the ability to work and lose income. While …