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- These 5 SBI cards in partnership with other banks offer a range of benefits. Check details here
There are several SBI Cards which are offered in partnership with other lenders such as Bank of Maharashtra, Punjab & Sind Bank and UCO Bank. We list out a few of them in this article
- Missed a personal loan EMI? Its impact on your credit score is more serious than you think —here's why
Missing a personal loan EMI can significantly reduce your credit score, attract penalties, and harm your future borrowing potential, making timely payments crucial for maintaining a strong credit profile.
- Half of EPF savers retire with just ₹20,000. EPF 3.0 could make it worse.
EPF 3.0 brings long-overdue simplification and flexibility. But in chasing convenience, we risk forgetting what the provident fund was built for—retirement security.
- Axis Bank Select Credit Card: 20% off on Swiggy, movie offers, and more; should you get it?
The Axis Bank Select Credit Card offers features and benefits such as a BOGO movie offer, a 20% discount on Swiggy and BigBasket, complimentary domestic and international airport lounge access, complimentary golf access, milestone benefits, etc.
- Personal loans: Does it make sense to borrow money for travel? Pros and cons explained
Travel is a luxury and therefore, it is not recommended to take a personal loan for it unless the travel is urgent or you are taking loan for a very short period
- Should I pay advance tax if income is below ₹12 lakh under new regime?
If the total tax payable during the year exceeds ₹10,000, a taxpayer is required to pay advance tax. However, there are other factors to consider.
- Assured returns: Explore these 7 small savings schemes offering up to 8% annual returns; check list here
From PPF & SCSS to KVP, there are several post office savings schemes which offer consistent returns in the range of 7-8.2 per cent a year to investors
- Financial freedom is overrated. Financial well-being is underrated
Think of your financial journey like going on a mountain trek. Financial planning is your preparation and roadmap, financial freedom is reaching the summit peak and financial well-being is how you feel during the trek journey
- Mutual Funds: Start SIP of this amount to accumulate ₹1 crore in 15 years
Mutual Funds: Your monthly contribution via SIPs may fluctuate based on the rate of return your investment delivers. For example, when your investment grows at 12% per annum, you need an SIP of ₹20,016 and when it grows at 9%, you need an SIP of ₹26,426 to save ₹1 crore in 15 years
- Gifting stocks and mutual funds this festival season? Watch out for tax traps
While gifting wealth-creating assets is thoughtful, and often tax-efficient in the long run, it’s important to be mindful of the tax implications that may arise for both the giver and the recipient.