Home » India » Money

Money

Auto Aggressive Choice, Moderate & Conservative NPS scheme preferences

There are basically three different auto scheme preferences that you can chose from under a Pension Fund Manager (PFM). They are Conservative Auto choice, Moderate auto choice and Aggressive auto choice. The names are self indicative of the jobs each one of the scheme is intended to perform. However, I will still throw some light on each one of them …

Read More »

NPS Tier 2 online account opening form and Process

Bank FD’s have always been the go-to investment option for majority of Indians till date. But thanks to the recent demonetization all banks are flush with heavy money and hence have significantly cut their deposit rates. Where one was getting Rs.10000 (pre-tax) for every Rs.1 lakh deposited for a year a few years ago, the return now is hardly Rs.7000. …

Read More »

Central Bank of India Cent Double scheme (deposit doubles in 7 ½ yrs)

People normally (and obviously) get attracted when they see schemes that ‘double their investment’ in so and so years. And naturally, where there is greed, there is place for risk too. Till this time, these kind of offers used to come from little known companies that came under this ‘high risk’ category. But, if the same offer comes from a …

Read More »

Axis Bank Priority account

‘Bank comes home if you are an Axis Bank priority account holder’. You must have been hearing this quite often these days; don’t you? Yes, its Axis bank’s specialized account for the ‘privileged few’. There are quite a few differences between a normal savings bank account and a ‘priority account’, some of which are listed below: A priority platinum debit …

Read More »

NPS Pension Wealth contribution

Following the New Pension Scheme and NPS Tier 2 offerings, if you have invested in the scheme, here are details on how you can withdraw your investment and know about your contribution (balance) and more… Exiting NPS (Withdrawal case) Note that unless there is a case of Death, one may not withdraw 100% of the pension contribution. Exiting before 60 …

Read More »

A system to deal with Insurance complaints – IRDA

Insurance Regulatory and Development Authority (IRDA) that oversees all Insurance activities in India has issued new guidelines for grievance (complaints) redressals. Although all life insurance companies have dedicated systems to resolved customer’s complaints, these new guidelines specify the time frame in which the complaint should be resolved and also its process. These guidelines are to be followed by the companies …

Read More »

Verifying PAN card by Name of a person

This article is about how to verify a PAN number, whether it belongs to a person whom you believe it should or you can also use this to know your PAN in case you have forgotten the same. If you’d rather want know your pan card status, please visit PAN card application status page. Search PAN by name For this, …

Read More »