Embarking on your investment journey requires making important decisions, and choosing the right mutual fund scheme is one of them. For new investors, navigating the wide variety of mutual fund options can feel daunting. Among these, the comparison between balanced funds and balanced advantage funds is a common consideration. Let’s explore these two types of … Read more
Best Investment Options in India in 2024 Investing wisely in the right investment options is essential for financial security. It’s more than just saving money—it’s about growing wealth and securing future goals. Solely depending on savings may not be enough, right? India offers a range of investment options. This guide will help you explore options … Read more
When individuals invest their money, they anticipate it being directed toward a legitimate business that provides a genuine product or service, aiming to generate profits. Unfortunately, some fraudsters mislead investors by diverting their funds into fake companies or fraudulent schemes with the intention of stealing the money. This form of deception is called a Ponzi … Read more
How to get International Driving License in India? When traveling abroad, some people opt for public transportation like buses, while others prefer exploring new places by bike or car. In India, you can navigate every corner with an Indian driving license. However, to drive on foreign streets and highways, an International Driving License is required. … Read more
What is IRDA (Insurance Regulatory and Development Authority)? The Insurance Regulatory and Development Authority of India (IRDA) supervises both life and general insurance companies across the country. With India’s large population, the insurance sector holds substantial opportunities for growth and development. To simplify the role of an insurance regulator, consider the example of a traditional … Read more
What is Consequential Damage in Insurance? The concept of Consequential Damages often confuses many, leading to frustration during claims due to its unclear nature. Let’s revisit the basics: What exactly are Consequential Damages? In simple terms, consequential damage refers to when an unexpected event triggers a chain reaction of other events, resulting in damage that … Read more
Depreciation in Insurance Depreciation in insurance reflects how everything loses value over time, including your most prized possessions. When we buy something new, it quickly becomes familiar, losing its novelty. The monetary worth of items decreases with age, usage, and condition. The more something is used, the less financial value it retains. What is Depreciation … Read more
What is General Insurance? General Insurance provides coverage for financial losses incurred from the damage or destruction of insured assets. Insurance acts as a safety net during unforeseen events that could disrupt daily life. There are two main types of insurance: Life Insurance and General Insurance. While Life Insurance is widely recognized, many remain unaware … Read more
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, was established in 2005. It is a non-deposit-taking housing finance company (HFC) registered with the NHB, specializing in mortgage finance services. As a leading housing finance company in India and the flagship of the Indiabulls Group, Sammaan Capital offers home loans and loans against property … Read more
Accidents and losses, including death, are sudden and life-altering events that arrive without warning. While we can’t prevent these unpredictable occurrences, we can protect ourselves from their impact. Insurance serves as a crucial safeguard against such uncertainties. Choosing the right types of insurance with adequate coverage is a wise decision to protect our assets and … Read more
In personal finance, gross pay and net pay are crucial yet often confusing. While both are essential, they represent different aspects of your total earnings. In this blog, we’ll clarify the difference between gross and net salary and provide guidance on how to calculate each. Continue reading to deepen your understanding of these essential financial … Read more
The digital revolution in India has transformed financial transactions. Among the top digital payment methods, IMPS and UPI are prominent for their fast and secure money transfers. Both services provide instant money transfers, yet each has its own unique features. This blog delves into the key differences between IMPS and UPI, helping you determine which … Read more
