Page 18 - Personal Finance

How to clear your 25-yr home loan in 10 years and save lakhs in interest? EMI

Struggling with home loan EMIs? In the early years, most of your payments go into interest, not principal — making your loan feel endless. But there’s a smart repayment hack that can cut a 25-year

To avoid being caught in a financial scare, get a good health plan

Check out the best health insurance premiums, check out this table from Policybazaar to guard against expensive medical bills.

Invest to boost portfolio resilience amid current bout of uncertainty

These funds could, however, underperform during bull runs when the crowd chases speculative bets

SBI Card, Flipkart launch co-branded credit card for seamless shopping

SBI Card, the country's largest pure-play credit card issuer, and e-commerce marketplace Flipkart on Tuesday announced the launch of a co-branded credit card with a host of features. The 'Flipkart SBI Credit Card' was launched in the presence SBI Chairman C S Setty and MD Ashwini Kumar Tewari, the card company said in a statement. The Flipkart SBI Card has been designed with curated cashback benefits to offer a rewarding shopping experience for discerning customers on the majority of their purchases, it said. The launch reflects SBI Card and Flipkart's ongoing efforts to empower shoppers with greater value, flexibility, and access to formal credit while enhancing their overall shopping journey, it said. Customers can seamlessly apply for the credit card digitally via the Flipkart App, and SBI Card SPRINT, by visiting the SBI Card website SBI Card.com, it said. With the Flipkart SBI Card, customers can earn 7.5 per cent cashback on spends made on Myntra, and 5 per cent cashback on

NRIs face residency test upon India return, must stick to 182-day rule

Given the lack of legal clarity in India around status, assuming they are residents immediately after return could invite penalties and prosecution

Credit report: Check quarterly to spot repayment lapses, errors, and fraud

In case of inaccuracies and fraud, report both to the lender and credit bureaus

Liquid funds: Check long-term ratings for clearer view of portfolio quality

Assess the track record of the fund during past liquidity incidents

What are the best fixed deposit rates available to senior citizens?

Senior citizens, who are often overlooked in financial planning by families due to their unfamiliarity with new strategies, still get the best rates for fixed deposits

Earnings recovery can revive value funds, invest with 5-year horizon

Allocation to these funds is essential for style diversity within portfolio

Tax relief on inherited shares: Sebi floats proposal for smoother transfer

Sebi steps in to clear tax confusion over inherited shares, proposing a fix to stop nominees from being wrongly taxed before passing assets to heirs

Family discretionary trusts: A shield for wealth, debt, and divorce

Once seen as a tool for the ultra-rich, family discretionary trusts are now helping more Indians protect assets, plan succession and avoid family disputes.

REITs promise stable income, but investors must brace for volatility

REITs invest mostly in offices and malls and are regulated by the Securities and Exchange Board of India (Sebi)

Consumer protection: Insurer penalised for unjust insurance claim denial

The National Commission dismissed the argument that only the horse was covered and not the trailer, calling it 'palpably amusing and fantastic'

Term insurance plans for NRIs: Ensure policy offers global coverage

Verify insurer's claim settlement ratio, review sum insured limits, and check if medical examination can be done over video

Gold scales new peak; existing investors should book partial profits

New ones should stagger purchases to avoid timing risk

Luxury meets logistics: Jet-setting in India, privately, is taking off

For those who value time over tedium, India's fastest lane now begins at the runway, transforming travel from a chore into a controlled, efficient, and elevated experience

Home insurance claims: Begin repairs only after surveyor's inspection

Non-disclosure of property extensions, late intimation, and incomplete paperwork may reduce or void claims

Want expert to decide fund picks, allocation, rebalancing? Go for FoF

Remember that these funds come with a double layer of expenses

Special Opportunities Funds: For seasoned investors open to higher risks

Suitable for seasoned investors willing to take higher risks

Lender loses property documents: Apply to sub-registrar for title copies

Before you can do so, the bank must issue a non-traceable certificate, file an FIR, and publish a public notice in newspapers on your behalf