Page 329 - Personal Finance

Demat account holders can furnish nomination declarations by Jan 1, 2024

The Securities and Exchange Board of India (Sebi) stated that those who fail to do so will not be able to transact in stocks

Sovereign Gold Bond scheme 2023-24 tranche III: All your FAQs answered here

Sovereign Gold Bond interest rate: These bonds bear interest at the rate of 2.50% per annum on the amount of initial investment. Interest is credited semi-annually to the bank account of the investor

Best time to book FDs is from now to 6 months but stay away from floating FDs

Many banks try to sell floating-rate FDs at marginally higher interest rates. These FDs are best avoided because the yield will be much less

You may soon have to pay less as surrender charges for exiting your insurance policy

Companies deduct a surrender charge because they book upfront all their costs of selling a policy

Sovereign gold bond 2023-24 tranche III opens today: Worthy investment?

RBI on Friday announced that the issue price for the next tranche of Sovereign Gold Bond has been fixed at Rs 6,199 per gram .

Creating a balance sheet for every Indian

Despite the work put in by the regulators and support from the finance ministry, a few steps need to be taken to make AAS more effective

Annual insurance review: Why you must boost term cover at key life stages

Your health policy's sum insured also needs periodic enhancements to keep pace with medical inflation

TMFs: Capture current high yields by staying invested till maturity

Select a fund with a longer duration to gain from possible rate cuts next year

Art for investment's sake: A guide to negotiating the Indian market

Tastes change with time and trends are not constant: Here is how to keep up with the latest

56% to shut bank lockers due to rising rentals, KYC requirement: Survey

Under the RBI guidelines for banks, revised locker agreements, defining responsibilities and liabilities, must be signed and submitted to the bank branch by account holders before December 31, 2023.

Time to review insurance cover; and buy art: Top personal finance stories

Our best stories this week explain how to review a key component of your financial portfolio and how to invest in art

Wait time for German visa appointment for Indians is only two to five days

Germany has witnessed a surge in popularity among Indian students seeking to pursue higher education abroad.

Over 40 crore in India don't have health insurance: Report

The report found that the lack of health insurance was due to lower penetration, coverage inadequacy, and rising healthcare costs

Loan EMIs to rise! SBI hikes MCLR by up to 10 basis points

According to the SBI website, only the overnight rate has remained unchanged. As of December 15, the MCLR for the one-year tenure has been raised to 8.65 per cent, up from 8.55 per cent

Avoid going overweight or exiting from equities during bull markets

Rebalance by booking profits in mid and smallcaps, allocate to fixed income

Rebalance portfolio, avoid overexposure or complete exit from equities

Book profits in mid- and small-cap segments, allocate money to fixed income and gold

Car loan terms, EMI options and processing fees explained in table

Key details on financing explained in Paisabazaar table

RIL emerges as largest wealth creator for 5th time in a row: Motilal study

This takes Reliance's overall No.1 tally to 10 in the last 17 five-year study periods.

Bank locker agreement renewal deadline on Dec 31: What you need to do

The Reserve Bank of India (RBI) has asked banks to sign an updated agreement with bank locker holders citing developments in banking and technology, consumer grievances, and feedback

Decision on old pension scheme before Budget session, says Ajit Pawar

The state legislature's budget session is generally held in February-March every year