To study at a British university, you need to show some money in your bank account as living expenses that you will need when you are there. The money needs to be deposited in a bank account for a 28-day period before you can apply for a UK visa. The money, as of now, stands … Read more
Have you ever faced a situation wherein you got your debit card linked to a portal for a monthly subscription to use a service such as Netflix or something else? And now you want to discontinue the service with immediate effect? There could be a number of reasons for this. Either you enrolled for it … Read more
When you are looking for bank fixed deposits (FD), one factor to consider is the highest rate of interest offered by different banks. The general thumb rule is that banks tend to offer higher interest rates for long-duration deposits and lower rates for shorter duration. For instance, a five-year FD will offer a higher interest … Read more
If you own a credit card, you can explore a number of offers given by banks. These include the offers at eateries and restaurants in your city and beyond. It is recommended to check these offers before they expire. These offers are given by the cards issued by almost all top banks such as HDFC Bank, ICICI Bank, Kotak … Read more
If you are using UPI Lite for small-value transactions, then there is good news for you. Starting October 31, you will be able to use auto top-up option for reloading the amount of your choice in your UPI Lite account. By issuing a circular dated August 27, the National Payments Corporation of India (NPCI) has … Read more
Are you contemplating applying for a new credit card at a bank? It is definitely a smart thing to do but you should apprise yourself of its pros and cons, and importantly of its key characteristics. Here, we give a lowdown on the usage of a credit card, and its key features that will perhaps … Read more
Have you ever wondered what can you do if you want to open a fixed deposit account but do not have access to a large sum. Is this possible to accumulate the deposit money in tranches? Well, Bank of Baroda offers systematic deposit plan (SDP) to those depositors who want to start an FD (fixed … Read more
As you are aware that the Union Government is set to roll out the Unified Pension System (UPS) from April 1, 2025 to give fixed, inflation-linked pensions to subscribers. As of now, the scheme is meant only for 23 lakh central government employees and the state government employees are permitted to opt for them. Wealth … Read more
In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and 70 per cent … Read more
Of course, this is a broad and generic checklist, but it would work for almost everybody. In the previous article on whether you should allocate your capital to bullion, and if yes, how much, we made a bullish case for bullion. Now bullion would include both, gold and silver. Logically, investors will start second guessing … Read more