Page 559 - Personal Finance

Banks unwilling to extend loan to new borrowers without credit history

New-to-credit customers should use secured credit cards to build up a track record, or turn to digital lenders and P2P platforms for loans

Mediclaim policies cannot be rejected on the basis of assumptions

It can't be assumed that duodenal perforation, the cause of death, was due to alcoholism

Is expense ratio the most important criteria while choosing MF schemes?

Average difference in expense ratios between a regular and direct plan is a good 100-120 basis points

Readers' Corner: Financial planning

ELSS is a combination of a tax saving scheme and a great investment idea

Mumbai's Andheri East, an attractive destination from investment viewpoint

Andheri East is a mixed land use precinct with some of the most prominent hospitality and industrial developments in its vicinity

Small savings interest rates unchanged at 4% for April-June quarter

In another notification, the ministry said it has decided to extend submission of Aadhaar details for small savings scheme investors until further orders

Why investors should continue investing in SIPs even in a bear market

SIPs make sense only if invested over the long run. Returns on a short-term SIP are insignificant or volatile

Insurance TPA's licence got suspended? Here is why you need not worry

Ultimately it is the insurer's responsibility to service your policy, and you can always complain to Irdai if issues arise

Credit opportunity funds bet on high-risk bonds to offer better returns

Examine whether you have the appetite for these funds before investing; the high-yielding bonds they buy into are issued by firms whose credit quality is low

Caught in a debt trap? Here are a few things you can do to get out of it

Never resort to paying just the minimum amount mentioned in credit card bills

Corrections and valuations: Scams, banking crisis may keep markets subdued

The PE for the SmallCap index 250 was 99.78 on March 22, according to the NSE

Negative returns on SIPs shouldn't worry retail investors in India

Market sentiment has turned weak due to a variety of global issues, like the US's threat to start a trade war

Ways to meet unexpected expenses: Tap contingency fund, if it is small

A contingency fund is generally equivalent to three to six months of an individual's monthly expenditure

Don't just look at return, consider risk too while deciding on investments

To incentivise investors to invest in the second investment, it should offer an expected return greater than 6.40 per cent

Making a will online is cheaper and more convenient: Here is how to do it

An individual with assets in one state can get it done for Rs 2,500-4,000

Reader's Corner: General Insurance

Medical expenses getting deducted due to limits/cappings under group health policy can be claimed under individual health policy

Why new home loan borrowers should choose banks over housing finance firms

Existing borrowers of housing finance companies pay a higher interest rate compared to new ones

How to ride out volatility in FY19: Don't tinker much with your portfolio

FY19 might be a tough year, as key asset classes aren't providing much comfort. It's best not to tinker too much with your portfolio because of uncertainty

Tipping Point: When should you take multi-trip travel insurance?

Insurers may even refute claim if a doctor has advised the insured against travelling

Realty check: Current rates and unit sizes in Rs 15 mn - 20 mn price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy