Is Insurance an Asset or Liability?
Suppose you pay ₹25,000 every year for a life insurance policy. You may naturally wonder where that money fits into…
Mortgage Loan vs Home Loan: Which is Better?
Property can be used for borrowing in two very different ways. Someone planning to purchase a ₹60 lakh apartment may…
How Many Indians Actually Invest Through a Demat Account?
India has seen an extraordinary increase in Demat accounts over the past few years, but the number of Demat accounts…
Unsecured Business Loan Advantages and Disadvantages
A business can have plenty of opportunities and still run short of cash. A retailer may suddenly receive a large…
Student Loan Advantages and Disadvantages
Higher education can open doors to better careers, higher earnings and specialised skills, but quality education often comes with a…
How Personal Loan Calculators Calculate Your EMI
Before taking a personal loan, borrowers usually want to know one important figure: How much will I have to pay…
Is Health Insurance Worth It?
Health insurance is not an investment where you calculate the return you earned at the end of the year. It…
OD (Overdraft) vs Personal Loan: Which is Better?
Imagine that you have been approved for ₹5 lakh but are unsure how much money you will actually need. You…
Is Insurance Mandatory for an Education Loan?
No, there is no universal rule that makes insurance compulsory for every education loan in India. However, individual banks can…
Is Third-Party Insurance Mandatory?
You have just bought a car or two-wheeler, and while comparing insurance plans, you notice that third-party insurance is much…