Page 667 - Personal Finance

Only online withdrawals for NPS from April 2016: PFRDA

Physical withdrawal request forms received at Central Recordkeeping Agency will not be accepted for further processing

Apply online for NPS withdrawals from April next: PFRDA

According to a PFRDA directive, no request in physical form would be entertained with effect from April 1, 2016

Child MF plans better than insurance products

Add a term plan with a child mutual fund for best results, say financial planners

Dynamic bond funds a better option than gilt

In the former, funds change the maturity and asset mix depending on the market situation, giving it stability. The latter is too volatile

Now, withdraw cash from a retailer

Payworld has tied up with State Bank of India to operate the new facility

Jobless, and burdened with an education loan?

Banks and financial institutions provide 6-12 months of additional time, beyond which you need to negotiate

Pharma sector can be a good bet

Analysts say those taking exposure through stocks could look at firms focused on domestic business

Case study

Strategy indices: Only for seasoned investors

Experienced retail investors can use smart exchange-traded funds, based on these

Mathikere, Bengaluru: Infrastructure problems exist but connectivity is good

Readers' Corner: Banking

Rajiv Anand, Group Executive and Head, retail banking, Axis Bank, answers your questions

Taking insurance firm by 'storm'

There need not be a storm, but if storm-like conditions exist, a claim would be payable

Property abroad back on investors' radar

Assets are available at good valuations, but one should check taxation, eligibility conditions and exchange control laws before investing

There's value in online refurbished goods

Price arbitrage for popular products is low but some of these platforms are worth a look for decent deals

Slow, systematic investment

Don't put the housekeeping money into equity. Park only savings that need not be touched for many years

Swachh Bharat cess: PAN card gets costlier by Re 1

New cess announced last week will levy a surcharge of 0.5% on all taxable services from Nov 15

Understanding offers from financial firms

Read the numbers carefully because no one can offer a credit card at zero cost or give a loan at a simple interest of 9%

Financial lessons you may learn from Ramayana

An advisor can help you wade through financial maze like Hanuman helped Rama in his battle

Convenience at a cost

Unlike PSBs' requirement for a lot of paperwork, some private banks offer easier platform to transfer money abroad, like ICICI's Money2World

Why bonds are better than physical gold

Annual interest, absence of making charges make bonds attractive