Banks To Act as Your Property Consultant
Every person hopes to buy a dream house some day and plans, coordinates, implements all his ideas about his dream house in an efficient and professional manner.
This lengthy process of buying your dream house begins with the most imperative and critical aspect- identifying the property you intend to purchase. Earlier we were dependent on estate agents, builders and property consultants for this advice, that is no longer the case.
Most banks and housing finance companies now offer property search services giving you an option to deal with an institution that has bench marked practices.
Lenders like HDFC, ICICI, and home finance company have a property search division which helps you to locate a property keeping in mind your financial status and repayment capacity. They also undertake to arrange [...]
Posted in News on May 18, 2012
Pan India Association
A body of Independent Financial Advisors (IFAS) from different cities, different trades, of India have formed a first pan India association of IFAs and have named its as- Foundation Of Independent Financial Advisors (FIFA).
FIFA is incorporated in Mumbai as a nonprofit organization and the main objective being to emerge as an all India knowledge sharing platform and forum for IFAs, have a code of ethics and business practices for different trades and subsequently emerge as self regulatory body.
Trading process in India is a complex process as there is lot of interaction between the clients and it is imperative to share this knowledge by FIFA, and facilitate the smooth functioning of the business. Also FIFA members will guide others in improving the skills of people involved in different trades [...]
Posted in News on May 16, 2012
Tips To Reduce Your Vehicle Insurance Cost
The insurance companies have revised the rates of third party insurance in vehicles and hence overall the insurance rates will go up if you buy or renew your car insurance.
There some ways to note to reduce the burden of the rising insurance rates for vehicles.
Many insurance companies offer rates according to the details provided to them by you like age, gender, marital status, occupation, claim history, driving track records. Hence providing the right details can get a discount of 10 to 25%.
You are entitled to no claims bonus for every claim free year. If you don’t claim (NCB) no claim bonus for for a few years you are entitles for a reduction of premium cost by about 50%.
You can also take a policy for higher deductable amount in the policy. This means that you will only pay the initial [...]
Posted in Insurance on May 11, 2012
Summers Make Business Holdings Shine
Summers are normally associated with heat, rising temperatures, hot humid conditions, heat strokes, summer related diseases, sweat, losing tempers due to heat.
But summers in India relate to other interesting activities also.
Summer holidays make children squeal in delight and they are free from dull boring routine of school life and have all the time to play, dance, sing, to watch movies, television, eat junk food and drink different cold drinks and beverages. Also, summer is the best time for children to travel and visit some of the most exotic places in India.
Mothers on the other hand are free and have more time on their hands and indulge in shopping in a big way and they are the key decision makers and influence the way shopping or travel, entertainment is planned.
A recent survey has [...]
Posted in Discussion on May 9, 2012
A Beginners Guide To Investment
The main objective of investing is always the same – to multiply and make more money.
There are many ways of investing your hard earned money. Given below are some modes through which you can invest your money and watch your fortune grow. Some of these methods are 100 % safe, whilst some have a certain amount of risk involved. But a smart investor will know when and how to invest to minimize the risk and maximize the returns.
The following are some mediums in which you can invest your hard earned money:
Savings account in a bank whereby you earn a regular income by way of interest.
Fixed deposits- in a bank will fetch you a sizable interest on maturity.
Bonds- are loan taken by the government and on maturity of a specified period paid back to you with interest. This money is used by [...]
Posted in How to Invest on May 7, 2012
Road to a Relaxing Retirement
We work very hard all over the life and then comes the time we all have to retire.
Retirement for some is a dreaded situation but it is a fact and a reality of life which we all have to face, but we can plan our retirement in such a way that post retirement we can have a decent comfortable life style without depending on our children or for that matter on anyone. As we lean on others we tend to lose our self respect in old age and it is better to start planning our retirement at a young age when we have the ability and strength to work and make money and invest for a happy retired life and keep our dignity intact.
We may have pension to bank on, but with rising inflation it is not easy to survive. The best option is to plan your retirement by computing the amount you need when you retire [...]
Posted in Retirement on May 4, 2012
