Author: Naresh Saini
Naresh Saini
Naresh Saini, a graduate with over 10 years of experience in the insurance and investment sectors, specializes in covering topics related to insurance, investments, and government schemes. His expertise and passion for the financial industry allow him to provide valuable insights, helping readers make informed decisions. Naresh is committed to delivering clear and engaging content in these fields.
As 2025 approaches, retail investors must build a solid investment plan that can withstand global uncertainties and deliver steady returns. The stock market has shown impressive growth over the past few years, boosting investor confidence, but a mix of caution and strategy is necessary in the face of current global events. Here’s a look at the investment strategies to consider for the coming year. Keep Your Expectations in Check as Markets Remain Volatile The Indian stock market has performed well recently, but it’s wise to adjust your expectations. Global factors like the U.S. presidential election, ongoing Middle East tensions, and…
Credit cards have evolved far beyond shopping and bill payments; they’re now a convenient option for paying insurance premiums as well. Many insurance companies and banks allow policyholders to use credit cards to cover premium payments, making it easier to manage policies while also enjoying credit card rewards. Here’s how you can set up and manage insurance premium payments using your credit card. Benefits of Paying Insurance Premiums with a Credit Card Using a credit card for insurance payments offers several advantages: While there are benefits, it’s essential to pay the credit card bill on time to avoid interest charges.…
The government has recently extended the benefits of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to cover senior citizens above 70 years of age under a new scheme known as the Ayushman Vaya Vandana Card. This card provides Rs 5 lakh in health insurance coverage, allowing citizens aged 70 and above to access free treatment in hospitals across India without any income restrictions. Here’s everything you need to know about the Ayushman Vaya Vandana Card, including the easy steps to apply from home using your Aadhaar and the Ayushman App. What is the Ayushman Vaya Vandana Card?…
Investing in gold has always been a preferred choice in India, especially because it is seen as a safe and stable asset. Traditionally, people would buy physical gold in the form of jewellery or coins, but now there’s a modern alternative: Gold Exchange Traded Funds (ETFs). Not only does buying a Gold ETF make investing in gold more accessible and flexible, but it also eliminates many of the challenges associated with physical gold. Here’s everything you need to know about why Gold ETFs are becoming a popular choice among investors and how to get started. What is a Gold ETF?…
For those looking to invest in a safe scheme with a guaranteed monthly income, the Post Office Monthly Income Scheme (POMIS) could be an ideal choice. Backed by the Government of India, this scheme offers assured returns and is perfect for individuals seeking a reliable income stream without frequent investments. Here’s a breakdown of everything you need to know about this scheme, from eligibility and interest rates to monthly earnings and withdrawal rules. How the Post Office Monthly Income Scheme Works The Post Office Monthly Income Scheme is designed to provide regular income through monthly interest payments. You only need…
In India, important documents like Aadhar, Voter ID, Driving License, and PAN cards are essential for various tasks. A PAN card is crucial, especially for financial transactions and income tax processes. Many may not know that minors, too, can have a PAN card, which serves as an identification document and is sometimes required for certain transactions on their behalf. Here’s an easy guide to understand why a PAN card for children under 18 is important, and how to apply online. Why Do Children Need a PAN Card? Though a PAN card is typically associated with income and tax, it also…
Kisan Vikas Patra (KVP) is a popular savings scheme designed for those who prefer a stable, risk-free investment option. Supported by the Indian government, KVP is known for its safety and guaranteed returns, making it ideal for conservative investors who avoid stock market volatility. With a return that doubles the investment in around 124 months, KVP is available at most post offices and select bank branches across India. A Scheme for All, Beyond Just Farmers Originally launched to benefit farmers, KVP is now available to all Indian residents, allowing a broader section of society to take advantage of this safe…
In a major step toward inclusive healthcare, Prime Minister Narendra Modi will be launching an extension of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), offering health insurance coverage for citizens aged 70 and above. This announcement, timed with Dhanvantari Jayanti and Ayurveda Day, aims to support the health needs of senior citizens by providing them with up to ₹5 lakh of free health coverage annually. Here’s a guide on the benefits, eligibility, and application process for those above 70 years of age to obtain the Ayushman Card. Who is Eligible for Ayushman Bharat’s New Extension? Under the newly…
Many parents dream of giving their children a financially secure future. One of the simplest ways to achieve this goal is through a Systematic Investment Plan (SIP) in mutual funds. While SIPs are widely used for long-term wealth building, a specific formula, the 21x10x12 formula, can help turn a consistent investment into a million-dollar fund for your child. Despite the popularity of SIPs, many people in India aren’t familiar with this approach. Here’s a breakdown of the 21x10x12 formula and how it can help your child become financially independent in the future. What Is SIP? SIP, or Systematic Investment Plan,…
The National Pension System (NPS) is a government-backed retirement plan that has gained popularity among Indian employees and investors for its flexibility, tax benefits, and long-term returns. While many NPS account holders target retirement funds by age 60, there’s an alternative approach to enhance your retirement income: simply extend your NPS maturity age by two years. This slight adjustment can increase your pension by up to 22% and significantly boost your retirement corpus, making it an appealing option for those planning for a financially secure retirement. Why Extend NPS Beyond 60 Years? Typically, NPS subscribers aim to keep their accounts…